Masco Corporation $MAS Shares Bought by OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Masco Corporation (NYSE:MASFree Report) by 138.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,020 shares of the construction company’s stock after acquiring an additional 6,970 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Masco were worth $763,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Bard Associates Inc. purchased a new position in shares of Masco during the 4th quarter worth approximately $25,000. Rossby Financial LCC raised its position in shares of Masco by 134.2% during the 3rd quarter. Rossby Financial LCC now owns 370 shares of the construction company’s stock worth $26,000 after purchasing an additional 212 shares during the last quarter. Sunbelt Securities Inc. purchased a new stake in Masco in the 3rd quarter valued at approximately $26,000. Bogart Wealth LLC lifted its stake in Masco by 2,550.0% in the 4th quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock valued at $27,000 after buying an additional 408 shares in the last quarter. Finally, Community Bank N.A. acquired a new stake in Masco during the 3rd quarter valued at $34,000. 93.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MAS has been the subject of a number of recent research reports. UBS Group lifted their price objective on Masco from $96.00 to $97.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Evercore raised shares of Masco from an “in-line” rating to an “outperform” rating and set a $78.00 price target on the stock in a research note on Monday, April 13th. The Goldman Sachs Group lifted their price target on shares of Masco from $79.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Barclays boosted their price objective on shares of Masco from $65.00 to $78.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 22nd. Finally, Citigroup reduced their price target 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 equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Masco presently has an average rating of “Hold” and a consensus price target of $80.07.

View Our Latest Report on MAS

Masco Price Performance

Shares of NYSE MAS opened at $74.61 on Friday. Masco Corporation has a 1-year low of $58.16 and a 1-year high of $79.19. The business has a 50-day moving average of $69.62 and a 200-day moving average of $67.49. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.75 and a quick ratio of 1.11. The company has a market capitalization of $15.05 billion, a price-to-earnings ratio of 18.51, a PEG ratio of 1.83 and a beta of 1.31.

Masco (NYSE:MASGet Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The construction company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $2.07 billion. During the same quarter last year, the firm posted $0.87 earnings per share. The business’s quarterly revenue was up 6.5% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. On average, equities analysts anticipate that Masco Corporation will post 4.25 EPS for the current fiscal year.

Masco Announces Dividend

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

Masco declared that its Board of Directors has approved a share repurchase plan on Thursday, May 7th that allows the company to repurchase $300.00 million in shares. This repurchase authorization allows the construction company to reacquire up to 2.1% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its stock is undervalued.

Masco Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Masco (NYSE:MAS)

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