Natixis Advisors LLC Has $16.72 Million Position in Masco Corporation $MAS

Natixis Advisors LLC lifted its holdings in Masco Corporation (NYSE:MAS) by 27.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 237,508 shares of the construction company’s stock after purchasing an additional 51,871 shares during the period. Natixis Advisors LLC owned 0.11% of Masco worth $16,718,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Mediolanum International Funds Ltd bought a new position in shares of Masco during the 3rd quarter worth about $16,398,000. World Investment Advisors lifted its stake in shares of Masco by 819.8% in the third quarter. World Investment Advisors now owns 54,745 shares of the construction company’s stock valued at $3,853,000 after buying an additional 48,793 shares during the period. FORA Capital LLC grew its position in Masco by 203.9% during the second quarter. FORA Capital LLC now owns 35,603 shares of the construction company’s stock worth $2,291,000 after buying an additional 23,887 shares in the last quarter. CWA Asset Management Group LLC grew its position in Masco by 33.4% during the third quarter. CWA Asset Management Group LLC now owns 62,922 shares of the construction company’s stock worth $4,429,000 after buying an additional 15,770 shares in the last quarter. Finally, Voya Financial Advisors Inc. bought a new position in Masco during the third quarter valued at about $1,245,000. Institutional investors and hedge funds own 93.91% of the company’s stock.

Insider Activity

In other Masco news, CAO Heath M. Eisman sold 747 shares of Masco stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $71.92, for a total transaction of $53,724.24. Following the completion of the transaction, the chief accounting officer directly owned 12,510 shares of the company’s stock, valued at approximately $899,719.20. This trade represents a 5.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on MAS. Royal Bank Of Canada raised their price objective on Masco from $67.00 to $74.00 and gave the stock a “sector perform” rating in a research report on Wednesday, February 11th. Evercore set a $78.00 price objective on Masco in a research report on Wednesday, February 11th. BMO Capital Markets restated a “market perform” rating and issued a $77.00 target price on shares of Masco in a research note on Thursday, February 12th. Weiss Ratings cut Masco from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Finally, Citigroup lifted their price target on shares of Masco from $71.00 to $84.00 and gave the stock a “neutral” rating in a research note on Thursday, February 12th. Six investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $76.94.

Masco Stock Down 1.5%

NYSE MAS opened at $62.49 on Thursday. Masco Corporation has a 1-year low of $56.55 and a 1-year high of $79.19. The company has a market capitalization of $12.72 billion, a price-to-earnings ratio of 16.23, a PEG ratio of 1.80 and a beta of 1.27. The stock’s 50 day moving average is $69.79 and its two-hundred day moving average is $68.12. The company has a current ratio of 1.81, a quick ratio of 1.14 and a debt-to-equity ratio of 38.75.

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 forecast that Masco Corporation will post 4.34 earnings per share for the current fiscal year.

Masco announced that its Board of Directors has initiated a share repurchase program on Tuesday, February 10th that permits the company to buyback $2.00 billion in shares. This buyback authorization permits the construction company to buy up to 13.5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its stock is undervalued.

Masco Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Friday, February 20th were paid a dividend of $0.32 per share. This is an increase from Masco’s previous quarterly dividend of $0.31. This represents a $1.28 annualized dividend and a yield of 2.0%. The ex-dividend date was Friday, February 20th. Masco’s dividend payout ratio is currently 33.25%.

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.