WINTON GROUP Ltd increased its position in Masco Corporation (NYSE:MAS – Free Report) by 3.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 274,667 shares of the construction company’s stock after acquiring an additional 8,586 shares during the quarter. Masco comprises approximately 0.6% of WINTON GROUP Ltd’s holdings, making the stock its 13th biggest position. WINTON GROUP Ltd’s holdings in Masco were worth $17,430,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vise Technologies Inc. increased its holdings in Masco by 6.4% in the 4th quarter. Vise Technologies Inc. now owns 10,420 shares of the construction company’s stock worth $661,000 after acquiring an additional 625 shares in the last quarter. Daiwa Securities Group Inc. grew its holdings in Masco by 5.1% during the 4th quarter. Daiwa Securities Group Inc. now owns 45,366 shares of the construction company’s stock valued at $2,879,000 after buying an additional 2,187 shares in the last quarter. State of Wyoming grew its holdings in Masco by 44.7% during the 4th quarter. State of Wyoming now owns 10,335 shares of the construction company’s stock valued at $656,000 after buying an additional 3,192 shares in the last quarter. Cibc World Market Inc. grew its holdings in Masco by 8.3% during the 4th quarter. Cibc World Market Inc. now owns 17,440 shares of the construction company’s stock valued at $1,107,000 after buying an additional 1,338 shares in the last quarter. Finally, WCG Wealth Advisors LLC grew its holdings in Masco by 130.8% during the 4th quarter. WCG Wealth Advisors LLC now owns 30,641 shares of the construction company’s stock valued at $1,945,000 after buying an additional 17,363 shares in the last quarter. 93.91% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of brokerages have issued reports on MAS. The Goldman Sachs Group increased their price objective on shares of Masco from $79.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Oppenheimer reaffirmed an “outperform” rating and set a $88.00 price objective on shares of Masco in a report on Wednesday, February 11th. BMO Capital Markets cut their price objective on shares of Masco from $77.00 to $75.00 and set a “market perform” rating for the company in a report on Monday, April 20th. Robert W. Baird increased their price objective on shares of Masco from $72.00 to $80.00 and gave the company a “neutral” rating in a report on Thursday, April 23rd. Finally, Weiss Ratings lowered shares of Masco from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 29th. Seven analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $80.07.
Masco Trading Down 0.7%
MAS stock opened at $69.42 on Friday. The firm has a fifty day moving average price of $66.97 and a 200 day moving average price of $66.71. Masco Corporation has a fifty-two week low of $58.16 and a fifty-two week high of $79.19. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.11 and a current ratio of 1.75. The firm has a market cap of $14.00 billion, a PE ratio of 17.23, a price-to-earnings-growth ratio of 1.72 and a beta of 1.31.
Masco (NYSE:MAS – Get Free Report) last posted its 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 net margin of 10.90% and a return on equity of 815.20%. The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $2.07 billion. During the same period last year, the firm posted $0.87 earnings per share. Masco’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. Sell-side analysts anticipate that Masco Corporation will post 4.25 earnings per share for the current fiscal year.
Masco Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Investors of record on Friday, May 22nd will be issued a $0.32 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.8%. Masco’s dividend payout ratio (DPR) is 31.76%.
Masco announced that its Board of Directors has initiated a share repurchase program on Tuesday, February 10th that authorizes the company to repurchase $2.00 billion in 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 usually an indication that the company’s leadership believes its shares are undervalued.
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.
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