Masco Corporation $MAS Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its stake in shares of Masco Corporation (NYSE:MAS) by 0.9% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,398,962 shares of the construction company’s stock after selling 13,091 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.71% of Masco worth $113,834,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Boston Trust Walden Corp raised its position in shares of Masco by 37.7% during the 1st quarter. Boston Trust Walden Corp now owns 713,598 shares of the construction company’s stock valued at $43,080,000 after buying an additional 195,509 shares during the period. Balefire LLC purchased a new position in Masco in the first quarter worth approximately $1,021,000. Oppenheimer Asset Management Inc. acquired a new stake in Masco during the second quarter worth $13,269,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Masco during the fourth quarter worth $1,411,000. Finally, Sanctuary Advisors LLC purchased a new stake in Masco in the second quarter valued at $5,016,000. Institutional investors and hedge funds own 93.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Weiss Ratings upgraded Masco from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, June 23rd. Barclays reduced their price objective on shares of Masco from $82.00 to $79.00 and set an “equal weight” rating on the stock in a report on Thursday, July 30th. Wells Fargo & Company upped their target price on shares of Masco from $85.00 to $87.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. DA Davidson initiated coverage on shares of Masco in a research note on Monday, August 24th. They set a “neutral” rating and a $80.00 target price for the company. Finally, Citigroup dropped their price target on shares of Masco from $79.00 to $77.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Seven 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $79.88.

Masco Trading Down 2.7%

Shares of NYSE MAS opened at $70.24 on Wednesday. The company has a current ratio of 1.86, a quick ratio of 1.22 and a debt-to-equity ratio of 109.07. The stock has a market capitalization of $13.85 billion, a PE ratio of 16.15, a PEG ratio of 1.83 and a beta of 1.30. Masco Corporation has a twelve month low of $58.16 and a twelve month high of $83.64. The stock has a fifty day simple moving average of $76.61 and a 200-day simple moving average of $71.02.

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

Masco declared that its Board of Directors has authorized a share repurchase plan on Thursday, May 7th that allows the company to repurchase $300.00 million in shares. This repurchase authorization allows the construction company to buy up to 2.1% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Masco Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Monday, August 24th. Masco’s dividend payout ratio is currently 29.43%.

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.