Masco Corporation $MAS Stock: Foster Victor Wealth Advisors LLC Grows Position

Foster Victor Wealth Advisors LLC raised its stake in shares of Masco Corporation (NYSE:MAS) by 3.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 273,429 shares of the construction company’s stock after purchasing an additional 9,357 shares during the period. Foster Victor Wealth Advisors LLC’s holdings in Masco were worth $19,960,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of MAS. Nykredit A S acquired a new position in Masco in the second quarter valued at $2,456,000. Hsbc Holdings PLC grew its position in Masco by 7.2% during the second quarter. Hsbc Holdings PLC now owns 369,842 shares of the construction company’s stock valued at $30,116,000 after acquiring an additional 24,934 shares during the period. Boston Trust Walden Corp increased its stake in Masco by 37.7% during the first quarter. Boston Trust Walden Corp now owns 713,598 shares of the construction company’s stock worth $43,080,000 after acquiring an additional 195,509 shares during the last quarter. Balefire LLC acquired a new stake in Masco during the first quarter worth about $1,021,000. Finally, Oppenheimer Asset Management Inc. acquired a new stake in Masco during the second quarter worth about $13,269,000. Institutional investors and hedge funds own 93.91% of the company’s stock.

Wall Street Analyst Weigh In

MAS has been the topic of several research analyst reports. Melius Research started coverage on Masco in a research note on Tuesday, October 6th. They issued a “hold” rating and a $75.00 price objective on the stock. Royal Bank Of Canada dropped their target price on shares of Masco from $72.00 to $69.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 7th. Zacks Research downgraded shares of Masco from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 14th. Barclays cut their price target 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. Finally, Deutsche Bank Aktiengesellschaft set a $74.00 price target on shares of Masco in a research report on Monday, August 3rd. Seven equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $79.12.

Masco Stock Performance

Shares of NYSE:MAS opened at $74.56 on Thursday. The company has a market cap of $14.70 billion, a P/E ratio of 17.14, a PEG ratio of 1.89 and a beta of 1.30. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.22 and a current ratio of 1.86. Masco Corporation has a one year low of $58.16 and a one year high of $83.64. The business’s 50-day simple moving average is $70.77 and its 200 day simple moving average is $71.91.

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

Masco Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were paid a dividend of $0.32 per share. The ex-dividend date was Monday, August 24th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.7%. Masco’s dividend payout ratio (DPR) is currently 29.43%.

Masco Company Profile

Masco Corporation (NYSE: MAS) is a manufacturer of branded home improvement and building products. The company’s portfolio includes faucets, showering and bathing products, architectural coatings, decorative hardware and related products sold to residential and commercial customers.

Masco operates through two principal areas: Plumbing Products and Decorative Architectural Products. Its brands include Delta Faucet, Brizo, Hansgrohe, Behr Paint and Kichler Lighting, among others. These products are distributed through home improvement retailers, specialty dealers, distributors and other channels.

Founded in 1929 by Alex Manoogian, Masco is headquartered in Livonia, Michigan, and serves customers primarily in North America and Europe, with products sold in additional international markets.