OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 6,970 Shares of Masco Corporation $MAS

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Masco Corporation (NYSE:MAS) by 138.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,020 shares of the construction company’s stock after acquiring an additional 6,970 shares during the quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Masco were worth $763,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Covestor Ltd increased its position in Masco by 20.7% during the fourth quarter. Covestor Ltd now owns 829 shares of the construction company’s stock worth $53,000 after acquiring an additional 142 shares during the period. Andina Capital Management LLC increased its holdings in Masco by 2.4% in the 4th quarter. Andina Capital Management LLC now owns 6,565 shares of the construction company’s stock valued at $417,000 after buying an additional 154 shares during the period. Pallas Capital Advisors LLC increased its holdings in Masco by 1.4% in the 3rd quarter. Pallas Capital Advisors LLC now owns 12,128 shares of the construction company’s stock valued at $854,000 after buying an additional 162 shares during the period. Dorsey & Whitney Trust CO LLC increased its holdings in Masco by 3.5% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 4,945 shares of the construction company’s stock valued at $314,000 after buying an additional 167 shares during the period. Finally, Clearstead Advisors LLC increased its holdings in Masco by 21.6% in the 3rd quarter. Clearstead Advisors LLC now owns 947 shares of the construction company’s stock valued at $67,000 after buying an additional 168 shares during the period. Institutional investors own 93.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on MAS shares. Weiss Ratings lowered shares of Masco from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 29th. Truist Financial boosted their price target on shares of Masco from $85.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Bank of America lowered their price target on shares of Masco from $69.00 to $61.00 and set an “underperform” rating on the stock in a report on Monday, April 20th. UBS Group boosted their price target on shares of Masco from $96.00 to $97.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Finally, The Goldman Sachs Group boosted their price target on shares of Masco from $79.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Seven investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $80.07.

Masco Stock Up 0.3%

Shares of NYSE:MAS opened at $74.28 on Tuesday. Masco Corporation has a 52 week low of $58.16 and a 52 week high of $79.19. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.11 and a current ratio of 1.75. The company’s fifty day moving average is $68.49 and its 200-day moving average is $67.24. The company has a market capitalization of $14.99 billion, a PE ratio of 18.43, a P/E/G ratio of 1.82 and a beta of 1.31.

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

Masco Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Friday, May 22nd were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, May 22nd. Masco’s payout ratio is currently 31.76%.

Masco declared that its Board of Directors has initiated a stock buyback program on Thursday, May 7th that authorizes the company to buyback $300.00 million in outstanding shares. This buyback authorization authorizes the construction company to reacquire up to 2.1% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s leadership believes its shares are undervalued.

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.