Masco Corporation $MAS Shares Acquired by WCG Wealth Advisors LLC

WCG Wealth Advisors LLC increased its stake in Masco Corporation (NYSE:MAS) by 130.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 30,641 shares of the construction company’s stock after acquiring an additional 17,363 shares during the quarter. WCG Wealth Advisors LLC’s holdings in Masco were worth $1,945,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of MAS. Focus Partners Wealth grew its holdings in shares of Masco by 2.6% during the first quarter. Focus Partners Wealth now owns 10,414 shares of the construction company’s stock valued at $724,000 after buying an additional 265 shares in the last quarter. CW Advisors LLC purchased a new position in shares of Masco during the second quarter valued at $238,000. Bank of Nova Scotia grew its holdings in shares of Masco by 14.8% during the second quarter. Bank of Nova Scotia now owns 25,555 shares of the construction company’s stock valued at $1,645,000 after buying an additional 3,294 shares in the last quarter. WINTON GROUP Ltd purchased a new position in shares of Masco during the second quarter valued at $415,000. Finally, Daiwa Securities Group Inc. grew its holdings in shares of Masco by 4.6% during the second quarter. Daiwa Securities Group Inc. now owns 31,832 shares of the construction company’s stock valued at $2,049,000 after buying an additional 1,413 shares in the last quarter. 93.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Royal Bank Of Canada lifted their price target on Masco from $67.00 to $72.00 and gave the company a “sector perform” rating in a report on Thursday, April 23rd. Barclays boosted their target price on Masco from $65.00 to $78.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 22nd. Robert W. Baird boosted their target price on Masco from $72.00 to $80.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. Bank of America lowered their target price on Masco from $69.00 to $61.00 and set an “underperform” rating on the stock in a research note on Monday, April 20th. Finally, Citigroup lowered their target price on Masco from $84.00 to $79.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Seven investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $80.07.

Masco Stock Performance

Shares of NYSE MAS opened at $69.42 on Friday. Masco Corporation has a one year low of $58.16 and a one year high of $79.19. The business’s 50-day moving average price is $66.97 and its two-hundred day moving average price is $66.71. The company has a market capitalization of $14.00 billion, a P/E ratio of 17.23, a price-to-earnings-growth ratio of 1.72 and a beta of 1.31. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.75 and a quick ratio of 1.11.

Masco (NYSE:MAS) last announced its quarterly earnings results on Wednesday, April 22nd. The construction company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.16. Masco had a return on equity of 815.20% and a net margin of 10.90%.The company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $2.07 billion. During the same quarter in the previous year, the firm earned $0.87 earnings per share. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Analysts anticipate that Masco Corporation will post 4.25 earnings per share for the current fiscal year.

Masco announced that its Board of Directors has authorized a share repurchase program on Tuesday, February 10th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the construction company to buy up to 13.5% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

Masco Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 8th. Shareholders of record on Friday, May 22nd will be given a $0.32 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.8%. Masco’s payout ratio is currently 31.76%.

About Masco

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.