Mitsubishi UFJ Trust & Banking Corp Has $22.46 Million Stock Holdings in Masco Corporation $MAS

Mitsubishi UFJ Trust & Banking Corp decreased its holdings in shares of Masco Corporation (NYSE:MAS) by 49.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 353,851 shares of the construction company’s stock after selling 343,896 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Masco were worth $22,455,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Rossby Financial LCC increased its stake in shares of Masco by 134.2% during the 3rd quarter. Rossby Financial LCC now owns 370 shares of the construction company’s stock worth $26,000 after purchasing an additional 212 shares during the last quarter. Sunbelt Securities Inc. acquired a new position in shares of Masco during the 3rd quarter worth $26,000. Community Bank N.A. acquired a new position in shares of Masco during the 3rd quarter worth $34,000. Headlands Technologies LLC increased its stake in shares of Masco by 114.5% during the 2nd quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock worth $35,000 after purchasing an additional 293 shares during the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of Masco during the 2nd quarter worth $37,000. Institutional investors and hedge funds own 93.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on MAS. Oppenheimer restated an “outperform” rating and set a $88.00 price target on shares of Masco in a research note on Wednesday, February 11th. Wells Fargo & Company increased their price target on shares of Masco from $70.00 to $82.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Citigroup dropped their price target on shares of Masco from $84.00 to $79.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Robert W. Baird raised their target price on shares of Masco from $72.00 to $80.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. Finally, Royal Bank Of Canada raised their target price on shares of Masco from $67.00 to $72.00 and gave the company a “sector perform” rating in a research note on Thursday, April 23rd. Seven equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Masco has a consensus rating of “Hold” and a consensus target price of $80.07.

Masco Stock Performance

NYSE:MAS opened at $71.19 on Thursday. Masco Corporation has a 1 year low of $58.16 and a 1 year high of $79.19. The firm’s fifty day simple moving average is $65.39 and its 200 day simple moving average is $66.10. The company has a current ratio of 1.75, a quick ratio of 1.11 and a debt-to-equity ratio of 109.07. The firm has a market capitalization of $14.36 billion, a PE ratio of 17.67, a PEG ratio of 1.84 and a beta of 1.29.

Masco (NYSE:MAS) last posted its earnings results on Wednesday, April 22nd. The construction company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.16. The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $2.07 billion. Masco had a net margin of 10.90% and a return on equity of 815.20%. Masco’s revenue was up 6.5% compared to the same quarter last year. During the same period last year, the business posted $0.87 EPS. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. On average, sell-side analysts anticipate that Masco Corporation will post 4.23 EPS for the current year.

Masco Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Friday, February 20th were given 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 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, February 20th. Masco’s dividend payout ratio (DPR) is currently 31.76%.

Masco declared that its Board of Directors has approved a share buyback plan on Tuesday, February 10th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the construction company to reacquire up to 13.5% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its shares are undervalued.

Insider Activity at Masco

In other news, CAO Heath M. Eisman sold 747 shares of the company’s stock in a transaction dated Thursday, February 26th. The shares were 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 owned 12,510 shares of the company’s stock, valued at approximately $899,719.20. This represents a 5.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.55% of the company’s stock.

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.