Masco Corporation $MAS Stock Holdings Reduced by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lowered its position in Masco Corporation (NYSE:MAS) by 51.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,934 shares of the construction company’s stock after selling 78,430 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Masco were worth $4,870,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Nordea Investment Management AB boosted its stake in Masco by 6.5% during the 4th quarter. Nordea Investment Management AB now owns 4,371,864 shares of the construction company’s stock valued at $278,619,000 after purchasing an additional 267,012 shares during the period. Swiss Life Asset Management Ltd boosted its stake in Masco by 347.5% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 102,810 shares of the construction company’s stock valued at $7,237,000 after purchasing an additional 79,834 shares during the period. Atria Investments Inc boosted its stake in Masco by 31.8% during the 3rd quarter. Atria Investments Inc now owns 106,086 shares of the construction company’s stock valued at $7,467,000 after purchasing an additional 25,608 shares during the period. Cresset Asset Management LLC boosted its stake in Masco by 30.4% during the 3rd quarter. Cresset Asset Management LLC now owns 71,294 shares of the construction company’s stock valued at $5,018,000 after purchasing an additional 16,612 shares during the period. Finally, Rafferty Asset Management LLC boosted its stake in Masco by 97.6% during the 3rd quarter. Rafferty Asset Management LLC now owns 184,516 shares of the construction company’s stock valued at $12,988,000 after purchasing an additional 91,161 shares during the period. Institutional investors own 93.91% of the company’s stock.

Masco Price Performance

Masco stock opened at $69.01 on Tuesday. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.75 and a quick ratio of 1.11. The company has a market capitalization of $13.92 billion, a PE ratio of 17.12, a price-to-earnings-growth ratio of 1.71 and a beta of 1.31. Masco Corporation has a one year low of $58.16 and a one year high of $79.19. The business has a 50 day simple moving average of $67.15 and a 200 day simple moving average of $66.83.

Masco (NYSE:MAS) last released its quarterly earnings results 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 firm had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $2.07 billion. During the same period last year, the firm posted $0.87 EPS. The business’s revenue was up 6.5% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. On average, sell-side analysts forecast that Masco Corporation will post 4.25 EPS for the current fiscal year.

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

Masco Announces Dividend

The company also recently announced 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 1.9%. The ex-dividend date of this dividend was Friday, May 22nd. Masco’s dividend payout ratio (DPR) is 31.76%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on MAS. Bank of America decreased their target price on Masco from $69.00 to $61.00 and set an “underperform” rating for the company in a research note on Monday, April 20th. Oppenheimer reiterated an “outperform” rating and issued a $88.00 price objective on shares of Masco in a research report on Wednesday, February 11th. Truist Financial raised their price objective on Masco from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. Barclays raised their price objective on Masco from $65.00 to $78.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 22nd. Finally, Citigroup reduced their price objective on Masco from $84.00 to $79.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Seven investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $80.07.

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.