Schwartz Investment Counsel Inc. Has $755,000 Position in Masco Corporation $MAS

Schwartz Investment Counsel Inc. trimmed its holdings in Masco Corporation (NYSE:MAS) by 50.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,500 shares of the construction company’s stock after selling 12,500 shares during the quarter. Schwartz Investment Counsel Inc.’s holdings in Masco were worth $755,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in MAS. Sunbelt Securities Inc. acquired a new position in shares of Masco during the 3rd quarter valued at $26,000. Bard Associates Inc. acquired a new position in shares of Masco during the fourth quarter valued at about $25,000. Bogart Wealth LLC grew its stake in shares of Masco by 2,550.0% in 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 period. Community Bank N.A. acquired a new stake in shares of Masco in the 3rd quarter valued at about $34,000. Finally, Headlands Technologies LLC boosted its holdings in Masco by 114.5% in the second quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock worth $35,000 after acquiring an additional 293 shares in the last quarter. Institutional investors and hedge funds own 93.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on MAS shares. BMO Capital Markets reduced their price objective on Masco from $77.00 to $75.00 and set a “market perform” rating for the company in a research note on Monday, April 20th. Evercore upgraded shares of Masco from an “in-line” rating to an “outperform” rating and set a $78.00 price target for the company in a research note on Monday, April 13th. Weiss Ratings raised shares of Masco from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, June 23rd. Wells Fargo & Company upped their target price on shares of Masco from $70.00 to $82.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. Finally, Royal Bank Of Canada raised their price target on shares of Masco from $67.00 to $72.00 and gave the company a “sector perform” rating in a research report on Thursday, April 23rd. Eight investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $80.07.

Masco Stock Performance

NYSE MAS opened at $76.22 on Tuesday. The company has a fifty day moving average price of $72.87 and a 200-day moving average price of $69.17. The firm has a market cap of $15.38 billion, a price-to-earnings ratio of 18.91, a PEG ratio of 1.92 and a beta of 1.29. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.75 and a quick ratio of 1.11. Masco Corporation has a 1 year low of $58.16 and a 1 year high of $83.21.

Masco (NYSE:MAS) last released its quarterly 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 company had revenue of $1.92 billion for the quarter, compared to analyst estimates of $2.07 billion. During the same period last year, the firm earned $0.87 earnings per share. The firm’s revenue was up 6.5% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, equities research analysts predict that Masco Corporation will post 4.25 EPS for the current fiscal year.

Masco declared that its Board of Directors has initiated 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 generally a sign that the company’s board of directors believes its shares are undervalued.

Masco Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Friday, May 22nd were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, May 22nd. Masco’s dividend payout ratio (DPR) is presently 31.76%.

Masco 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.