6,512 Shares in Masco Corporation $MAS Acquired by One Wealth Map LLC

One Wealth Map LLC acquired a new stake in shares of Masco Corporation (NYSE:MAS) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 6,512 shares of the construction company’s stock, valued at approximately $393,000.

Several other large investors have also made changes to their positions in MAS. Covestor Ltd raised its holdings in shares of Masco by 20.7% during the fourth quarter. Covestor Ltd now owns 829 shares of the construction company’s stock worth $53,000 after purchasing an additional 142 shares during the last quarter. Ritholtz Wealth Management grew its position in Masco by 3.9% during the 1st quarter. Ritholtz Wealth Management now owns 4,017 shares of the construction company’s stock worth $242,000 after purchasing an additional 150 shares during the period. Andina Capital Management LLC grew its position in Masco by 2.4% during the 4th quarter. Andina Capital Management LLC now owns 6,565 shares of the construction company’s stock worth $417,000 after purchasing an additional 154 shares during the period. Dorsey & Whitney Trust CO LLC raised its stake in shares of Masco by 3.5% during 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 last quarter. Finally, Bollard Group LLC raised its stake in shares of Masco by 0.4% during the 3rd quarter. Bollard Group LLC now owns 43,973 shares of the construction company’s stock valued at $3,095,000 after buying an additional 179 shares during the last quarter. 93.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

MAS has been the topic of a number of recent research reports. The Goldman Sachs Group upped their target price on Masco from $79.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Barclays lifted their price target on Masco from $65.00 to $78.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 22nd. Robert W. Baird boosted their price target on Masco from $72.00 to $80.00 and gave the company a “neutral” rating in a report on Thursday, April 23rd. JPMorgan Chase & Co. upped their price objective on Masco from $74.00 to $78.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Finally, Evercore raised shares of Masco from an “in-line” rating to an “outperform” rating and set a $78.00 price objective on the stock in a research note on Monday, April 13th. Eight equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Masco has an average rating of “Hold” and an average target price of $80.07.

Masco Stock Up 0.2%

Shares of MAS opened at $77.96 on Monday. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.11 and a current ratio of 1.75. Masco Corporation has a one year low of $58.16 and a one year high of $83.21. The stock has a market capitalization of $15.73 billion, a price-to-earnings ratio of 19.34, a PEG ratio of 1.92 and a beta of 1.29. The stock has a 50 day moving average price of $72.79 and a 200 day moving average price of $69.09.

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

Masco Announces Dividend

The firm also recently declared 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 1.6%. The ex-dividend date of this dividend was Friday, May 22nd. Masco’s dividend payout ratio (DPR) is currently 31.76%.

Masco announced that its Board of Directors has initiated a stock repurchase plan on Thursday, May 7th that allows the company to buyback $300.00 million in shares. This buyback authorization allows the construction company to buy up to 2.1% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s management 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.