Crestwood Advisors Group LLC Has $637,000 Stake in Masco Corporation $MAS

Crestwood Advisors Group LLC trimmed its position in shares of Masco Corporation (NYSE:MAS) by 42.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,056 shares of the construction company’s stock after selling 6,684 shares during the period. Crestwood Advisors Group LLC’s holdings in Masco were worth $637,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in MAS. Elevation Point Wealth Partners LLC bought a new stake in Masco during the 2nd quarter valued at approximately $28,000. Headlands Technologies LLC lifted its holdings in shares of Masco by 114.5% during the second quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock worth $35,000 after buying an additional 293 shares during the last quarter. Caldwell Trust Co bought a new stake in shares of Masco in the second quarter valued at approximately $37,000. CYBER HORNET ETFs LLC bought a new stake in shares of Masco in the second quarter valued at approximately $37,000. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Masco in the second quarter worth $40,000. 93.91% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

MAS has been the subject of several research analyst reports. Robert W. Baird set a $82.00 price target on shares of Masco in a report on Wednesday, February 11th. Zelman & Associates lowered shares of Masco to a “hold” rating in a research report on Wednesday, February 11th. Royal Bank Of Canada lifted their target price on Masco from $67.00 to $74.00 and gave the stock a “sector perform” rating in a research report on Wednesday, February 11th. Weiss Ratings upgraded Masco from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $77.00 price objective on shares of Masco in a research report on Thursday, February 12th. Seven equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to MarketBeat, Masco currently has a consensus rating of “Hold” and a consensus price target of $76.94.

Masco Stock Up 0.7%

Shares of MAS opened at $76.74 on Thursday. The company has a quick ratio of 1.14, a current ratio of 1.81 and a debt-to-equity ratio of 38.75. The company has a 50-day moving average price of $68.35 and a two-hundred day moving average price of $68.39. The stock has a market cap of $15.63 billion, a price-to-earnings ratio of 19.93, a P/E/G ratio of 2.16 and a beta of 1.28. Masco Corporation has a 12 month low of $56.55 and a 12 month high of $79.19.

Masco (NYSE:MAS) last issued its earnings results on Tuesday, February 10th. The construction company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.04. The business had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Masco had a return on equity of 856.70% and a net margin of 10.71%.Masco’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.89 EPS. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Equities analysts predict that Masco Corporation will post 4.34 EPS for the current fiscal year.

Masco Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 9th. Stockholders of record on Friday, February 20th will be paid a $0.32 dividend. The ex-dividend date is Friday, February 20th. This represents a $1.28 annualized dividend and a dividend yield of 1.7%. This is a boost from Masco’s previous quarterly dividend of $0.31. Masco’s dividend payout ratio is presently 32.21%.

Masco announced that its Board of Directors has authorized a stock buyback program on Tuesday, February 10th that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the construction company to purchase up to 13.5% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its shares are undervalued.

Masco 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.