Kentucky Retirement Systems Boosts Position in Masco Corporation $MAS

Kentucky Retirement Systems raised its position in shares of Masco Corporation (NYSE:MAS) by 122.5% in the first quarter, HoldingsChannel reports. The firm owned 29,473 shares of the construction company’s stock after acquiring an additional 16,226 shares during the period. Kentucky Retirement Systems’ holdings in Masco were worth $1,779,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of MAS. Norges Bank acquired a new stake in Masco in the fourth quarter valued at approximately $194,818,000. Wellington Management Group LLP acquired a new stake in Masco during the 3rd quarter worth about $192,948,000. Jacobs Levy Equity Management Inc. boosted its position in Masco by 443.6% in the third quarter. Jacobs Levy Equity Management Inc. now owns 2,330,523 shares of the construction company’s stock valued at $164,046,000 after buying an additional 1,901,815 shares during the last quarter. Barclays PLC boosted its holdings in shares of Masco by 234.5% in the 4th quarter. Barclays PLC now owns 1,624,841 shares of the construction company’s stock valued at $103,112,000 after acquiring an additional 1,139,098 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Masco by 19.2% in the fourth quarter. JPMorgan Chase & Co. now owns 6,063,286 shares of the construction company’s stock valued at $384,776,000 after purchasing an additional 977,684 shares during the last quarter. Institutional investors own 93.91% of the company’s stock.

Masco News Roundup

Here are the key news stories impacting Masco this week:

• Positive Sentiment: Masco reported second-quarter adjusted EPS of $1.64, well above the $1.32 consensus estimate and up from $1.30 a year earlier. Operating profit increased 14% to $470 million, while the company returned $454 million to shareholders through dividends and share repurchases. Masco Slides as 2Q Sales Fall, Tariff Pressures Overshadow Higher Profit
• Positive Sentiment: The company raised its fiscal 2026 adjusted EPS outlook to $4.40-$4.60 from $4.10-$4.30, partly reflecting an approximately $85 million net benefit from tariff refunds. The new range is above the roughly $4.27 analyst consensus. Masco raises 2026 EPS outlook
• Neutral Sentiment: Truist lowered its price target to $85 but retained a Buy rating, indicating continued long-term upside potential. Barclays reduced its target to $79 and shifted to Equal Weight, while Evercore cut its rating from Outperform to In-Line with a $78 target. Masco Analysts Slash Their Forecasts After Q2 Results
• Negative Sentiment: Second-quarter revenue fell 2.9% year over year to $1.99 billion, missing the $2.08 billion consensus estimate. Weaker North American volumes and a soft housing and home-improvement environment raised concerns about underlying demand, while tariff pressures overshadowed the profit improvement. Masco’s Q2 Earnings Beat on Tariff Refunds, Sales Miss
• Negative Sentiment: The earnings-related sales miss prompted analysts to lower forecasts and contributed to the stock’s decline, as investors appeared more concerned about organic growth and the sustainability of tariff-related benefits than the quarterly EPS beat.

Wall Street Analysts Forecast Growth

Several research firms recently commented on MAS. Truist Financial dropped their price target on shares of Masco from $90.00 to $85.00 and set a “buy” rating on the stock in a research report on Thursday. Bank of America cut their price objective on Masco from $69.00 to $61.00 and set an “underperform” rating for the company in a research note on Monday, April 20th. Wells Fargo & Company raised their target price on Masco from $85.00 to $87.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Robert W. Baird lifted their price target on Masco from $72.00 to $80.00 and gave the stock a “neutral” rating in a research note on Thursday, April 23rd. Finally, JPMorgan Chase & Co. boosted their price target on Masco from $74.00 to $78.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Masco presently has a consensus rating of “Hold” and a consensus target price of $79.93.

Masco Stock Performance

MAS opened at $72.27 on Friday. Masco Corporation has a twelve month low of $58.16 and a twelve month high of $83.64. The firm has a market capitalization of $14.58 billion, a PE ratio of 16.61, a PEG ratio of 1.69 and a beta of 1.29. The company has a current ratio of 1.86, a quick ratio of 1.11 and a debt-to-equity ratio of 109.07. The firm’s 50-day moving average price is $75.29 and its 200 day moving average price is $70.35.

Masco (NYSE:MAS) last released its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.64 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.32. Masco had a net margin of 11.61% and a return on equity of 2,379.08%. The company had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $2.08 billion. During the same quarter in the prior year, the firm earned $1.30 EPS. Masco’s quarterly revenue was down 2.9% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, sell-side analysts expect that Masco Corporation will post 4.5 EPS for the current fiscal year.

Masco Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Friday, May 22nd were given a $0.32 dividend. The ex-dividend date was Friday, May 22nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.8%. Masco’s dividend payout ratio is 29.43%.

Masco declared that its board has authorized a share buyback program on Thursday, May 7th that authorizes the company to buyback $300.00 million in outstanding shares. This buyback authorization authorizes the construction company to reacquire up to 2.1% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is 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.