VIRGINIA RETIREMENT SYSTEMS ET Al Buys 293,005 Shares of Masco Corporation $MAS

VIRGINIA RETIREMENT SYSTEMS ET Al grew its stake in Masco Corporation (NYSE:MAS) by 47.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 904,596 shares of the construction company’s stock after buying an additional 293,005 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Masco were worth $60,970,000 as of its most recent SEC filing.

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

More Masco News

Here are the key news stories impacting Masco this week:

• Positive Sentiment: Masco reported third-quarter earnings of $1.19 per share, exceeding the $1.02 consensus estimate, while revenue of $1.97 billion also topped expectations. Earnings increased from $0.97 per share a year earlier, helping drive the stock’s gap higher. Masco Shares Gap Up After Better-Than-Expected Earnings
• Positive Sentiment: Management provided fourth-quarter 2026 earnings guidance, giving investors additional visibility into the company’s outlook. Masco Provides Fourth-Quarter Earnings Guidance
• Positive Sentiment: UBS raised its price target to $98 from $94 and maintained a Buy rating. Truist also raised its target to $90 from $85 and upgraded its stance to Buy, adding to bullish analyst sentiment.
• Positive Sentiment: One valuation analysis estimates that Masco may be approximately 18% undervalued based on its third-quarter results, suggesting potential upside if earnings remain durable. Masco May Be 18% Undervalued on Third-Quarter Results

Analysts Set New Price Targets

Several research firms recently issued reports on MAS. Citigroup decreased their target price on shares of Masco from $79.00 to $77.00 and set a “neutral” rating for the company in a research note on Friday, July 31st. The Goldman Sachs Group restated a “buy” rating and set a $95.00 price target on shares of Masco in a research report on Wednesday. UBS Group lifted their price objective on shares of Masco from $94.00 to $98.00 and gave the company a “buy” rating in a report on Thursday. Evercore lowered shares of Masco from an “outperform” rating to an “in-line” rating and set a $78.00 target price on the stock. in a research note on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft set a $74.00 target price on Masco in a research report on Monday, August 3rd. Seven research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $80.94.

Masco Trading Up 0.7%

Shares of MAS stock opened at $80.71 on Friday. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.83 and a quick ratio of 1.22. The company has a market cap of $15.56 billion, a price-to-earnings ratio of 17.47, a PEG ratio of 1.89 and a beta of 1.30. The stock has a 50 day simple moving average of $71.26 and a 200-day simple moving average of $70.88. Masco Corporation has a 1-year low of $58.16 and a 1-year high of $83.64.

Masco (NYSE:MAS) last announced its earnings results on Wednesday, October 28th. The construction company reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.17. Masco had a negative return on equity of 1,807.69% and a net margin of 12.07%. The firm had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.93 billion. During the same quarter last year, the firm posted $0.97 EPS. The business’s revenue was up 2.6% on a year-over-year basis. On average, equities research analysts expect that Masco Corporation will post 4.71 EPS for the current fiscal year.

Masco Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 23rd. Shareholders of record on Friday, November 6th will be given a dividend of $0.32 per share. The ex-dividend date is Friday, November 6th. This represents a $1.28 dividend on an annualized basis and a yield of 1.6%. Masco’s dividend payout ratio is currently 27.71%.

Masco 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.