Park Avenue Securities LLC Sells 13,402 Shares of Masco Corporation $MAS

Park Avenue Securities LLC trimmed its holdings in Masco Corporation (NYSE:MAS) by 38.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 21,477 shares of the construction company’s stock after selling 13,402 shares during the period. Park Avenue Securities LLC’s holdings in Masco were worth $1,363,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. Rossby Financial LCC grew its position in Masco by 134.2% during the third quarter. Rossby Financial LCC now owns 370 shares of the construction company’s stock worth $26,000 after buying an additional 212 shares in the last quarter. Sunbelt Securities Inc. acquired a new position in Masco in the 3rd quarter valued at $26,000. Elevation Point Wealth Partners LLC bought a new stake in shares of Masco during the 2nd quarter valued at $28,000. Community Bank N.A. bought a new stake in shares of Masco during the 3rd quarter valued at $34,000. Finally, Headlands Technologies LLC grew its holdings in shares of Masco by 114.5% during the 2nd quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock worth $35,000 after purchasing an additional 293 shares in the last quarter. 93.91% of the stock is currently owned by institutional investors.

Masco Trading Up 0.5%

MAS opened at $60.35 on Wednesday. The company’s 50 day moving average is $68.72 and its 200-day moving average is $67.24. Masco Corporation has a 1-year low of $56.55 and a 1-year high of $79.19. The company has a current ratio of 1.81, a quick ratio of 1.14 and a debt-to-equity ratio of 38.75. The company has a market cap of $12.29 billion, a P/E ratio of 15.68, a PEG ratio of 1.70 and a beta of 1.27.

Masco (NYSE:MAS) last released its quarterly earnings data on Tuesday, February 10th. The construction company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.04. The business had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Masco had a net margin of 10.71% and a return on equity of 856.70%. The firm’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.89 EPS. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Equities research analysts predict that Masco Corporation will post 4.34 earnings per share for the current fiscal year.

Masco announced that its board has authorized a share buyback program on Tuesday, February 10th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the construction company to purchase up to 13.5% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Masco Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Friday, February 20th were issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 2.1%. This is a boost from Masco’s previous quarterly dividend of $0.31. The ex-dividend date was Friday, February 20th. Masco’s dividend payout ratio (DPR) is currently 33.25%.

Insider Activity at Masco

In other news, CAO Heath M. Eisman sold 747 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $71.92, for a total value of $53,724.24. Following the completion of the transaction, the chief accounting officer directly owned 12,510 shares in the company, valued at approximately $899,719.20. This represents a 5.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. BMO Capital Markets restated a “market perform” rating and issued a $77.00 price target on shares of Masco in a research report on Thursday, February 12th. Oppenheimer reiterated an “outperform” rating and set a $88.00 price objective on shares of Masco in a research note on Wednesday, February 11th. Weiss Ratings lowered shares of Masco from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 9th. Wells Fargo & Company boosted their target price on shares of Masco from $78.00 to $85.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. Finally, Royal Bank Of Canada upped their price target on shares of Masco from $67.00 to $74.00 and gave the stock a “sector perform” rating in a report on Wednesday, February 11th. Six equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to data from MarketBeat, Masco currently has a consensus rating of “Hold” and a consensus price target of $76.94.

Masco Profile

Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Founded in 1929 and headquartered in Livonia, Michigan, the company has evolved from a small door‐bell manufacturer into a diversified enterprise serving both residential and commercial markets. Over its history, Masco has grown through a combination of organic innovation and strategic acquisitions, building a portfolio of well-recognized brands.

The company’s product offerings are organized into two primary segments.