Quantbot Technologies LP Invests $1.21 Million in Masco Corporation $MAS

Quantbot Technologies LP acquired a new stake in Masco Corporation (NYSE:MAS) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 14,846 shares of the construction company’s stock, valued at approximately $1,208,000.

A number of other large investors have also added to or reduced their stakes in MAS. BlackRock Inc. acquired a new stake in Masco during the 2nd quarter worth approximately $1,278,943,000. State Street Corp raised its stake in shares of Masco by 0.6% during the fourth quarter. State Street Corp now owns 10,235,505 shares of the construction company’s stock valued at $649,545,000 after acquiring an additional 60,430 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Masco by 19.2% during the fourth quarter. JPMorgan Chase & Co. now owns 6,063,286 shares of the construction company’s stock worth $384,776,000 after purchasing an additional 977,684 shares during the period. Boston Partners grew its stake in shares of Masco by 1.0% in the third quarter. Boston Partners now owns 5,850,170 shares of the construction company’s stock worth $411,832,000 after purchasing an additional 58,609 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in shares of Masco by 76.1% in the fourth quarter. Wellington Management Group LLP now owns 4,826,584 shares of the construction company’s stock worth $306,295,000 after purchasing an additional 2,085,454 shares during the last quarter. Institutional investors own 93.91% of the company’s stock.

Masco Trading Down 0.2%

MAS opened at $73.08 on Wednesday. Masco Corporation has a twelve month low of $58.16 and a twelve month high of $83.64. The company has a fifty day moving average of $76.74 and a 200-day moving average of $71.08. The stock has a market cap of $14.41 billion, a PE ratio of 16.80, a price-to-earnings-growth ratio of 1.85 and a beta of 1.30. The company has a quick ratio of 1.22, a current ratio of 1.86 and a debt-to-equity ratio of 109.07.

Masco (NYSE:MAS) last released its earnings results on Wednesday, July 29th. The construction company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.32. The business had revenue of $1.99 billion for the quarter, compared to analyst estimates of $2.08 billion. Masco had a net margin of 11.61% and a return on equity of 2,379.08%. Masco’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.30 earnings per share. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. On average, sell-side analysts predict that Masco Corporation will post 4.52 EPS for the current year.

Masco announced that its Board of Directors has approved a stock repurchase plan on Thursday, May 7th that allows the company to buyback $300.00 million in outstanding shares. This buyback authorization allows the construction company to reacquire up to 2.1% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.

Masco Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Monday, August 24th will be given a $0.32 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a $1.28 annualized dividend and a dividend yield of 1.8%. Masco’s dividend payout ratio (DPR) is 29.43%.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Evercore lowered Masco from an “outperform” rating to an “in-line” rating and set a $78.00 target price for the company. in a research report on Thursday, July 30th. Wells Fargo & Company upped their price target on Masco from $85.00 to $87.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Truist Financial decreased their price target on Masco from $90.00 to $85.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Weiss Ratings upgraded Masco from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. Finally, UBS Group cut their price objective on Masco from $97.00 to $94.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Seven research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Masco currently has an average rating of “Hold” and a consensus target price of $79.88.

Masco Company 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.