Montag A & Associates Inc. Decreases Holdings in Masco Corporation $MAS

Montag A & Associates Inc. decreased its position in shares of Masco Corporation (NYSE:MAS) by 17.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 50,056 shares of the construction company’s stock after selling 10,769 shares during the period. Montag A & Associates Inc.’s holdings in Masco were worth $3,177,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Rossby Financial LCC grew its holdings in Masco by 134.2% during the 3rd quarter. Rossby Financial LCC now owns 370 shares of the construction company’s stock valued at $26,000 after buying an additional 212 shares during the last quarter. Sunbelt Securities Inc. acquired a new stake in Masco during the 3rd quarter valued at $26,000. Bogart Wealth LLC grew its holdings in Masco by 2,550.0% during the 4th quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock valued at $27,000 after buying an additional 408 shares during the last quarter. Community Bank N.A. acquired a new stake in Masco during the 3rd quarter valued at $34,000. Finally, Headlands Technologies LLC grew its holdings in Masco by 114.5% during the 2nd quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock valued at $35,000 after buying an additional 293 shares during the last quarter. Hedge funds and other institutional investors own 93.91% of the company’s stock.

Insider Buying and Selling at Masco

In other Masco news, CAO Heath M. Eisman sold 747 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $71.92, for a total transaction of $53,724.24. Following the transaction, the chief accounting officer owned 12,510 shares of the company’s stock, valued at $899,719.20. This represents a 5.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.55% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on MAS shares. Royal Bank Of Canada increased their target price on Masco from $67.00 to $72.00 and gave the company a “sector perform” rating in a report on Thursday, April 23rd. The Goldman Sachs Group increased their target price on Masco from $79.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Wells Fargo & Company increased their target price on Masco from $70.00 to $82.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Evercore upgraded Masco from an “in-line” rating to an “outperform” rating and set a $78.00 target price on the stock in a report on Monday, April 13th. Finally, Barclays increased their target price on Masco from $65.00 to $78.00 and gave the company an “equal weight” rating in a report on Wednesday, April 22nd. Seven equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $80.07.

Masco Trading Up 0.1%

Shares of Masco stock opened at $71.29 on Monday. Masco Corporation has a fifty-two week low of $58.16 and a fifty-two week high of $79.19. The firm has a market cap of $14.38 billion, a PE ratio of 17.69, a P/E/G ratio of 1.76 and a beta of 1.34. The business’s fifty day moving average is $65.33 and its two-hundred day moving average is $66.12. The company has a quick ratio of 1.11, a current ratio of 1.75 and a debt-to-equity ratio of 109.07.

Masco (NYSE:MAS) last issued its quarterly earnings results on Wednesday, April 22nd. The construction company reported $1.04 earnings per share for the quarter, topping 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 company had revenue of $1.92 billion for the quarter, compared to analyst estimates of $2.07 billion. During the same quarter in the prior year, the company posted $0.87 EPS. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Analysts anticipate that Masco Corporation will post 4.25 earnings per share for the current year.

Masco declared that its Board of Directors has authorized a share repurchase program on Tuesday, February 10th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the construction company to buy up to 13.5% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

Masco Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Friday, February 20th were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.8%. This is a boost from Masco’s previous quarterly dividend of $0.31. Masco’s dividend payout ratio is currently 31.76%.

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.