1,839,409 Shares in Masco Corporation $MAS Acquired by Deutsche Bank AG

Deutsche Bank AG bought a new position in Masco Corporation (NYSE:MAS) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,839,409 shares of the construction company’s stock, valued at approximately $149,673,000.

A number of other large investors also recently made changes to their positions in the business. Bard Associates Inc. acquired a new stake in shares of Masco during the fourth quarter worth $25,000. Sunbelt Securities Inc. purchased a new stake in shares of Masco in the third quarter valued at $26,000. Bogart Wealth LLC increased its stake in Masco by 2,550.0% in the fourth quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock valued at $27,000 after purchasing an additional 408 shares during the last quarter. Bell Investment Advisors Inc acquired a new position in Masco in the second quarter valued at $32,000. Finally, Headlands Technologies LLC lifted its position in Masco by 114.5% during the second quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock worth $35,000 after buying an additional 293 shares during the period. Hedge funds and other institutional investors own 93.91% of the company’s stock.

Masco Stock Performance

NYSE MAS opened at $75.20 on Thursday. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.86 and a quick ratio of 1.22. Masco Corporation has a 1-year low of $58.16 and a 1-year high of $83.64. The firm has a market capitalization of $14.83 billion, a P/E ratio of 17.29, a P/E/G ratio of 1.86 and a beta of 1.30. The business’s 50-day simple moving average is $76.82 and its 200-day simple moving average is $70.93.

Masco (NYSE:MAS) last posted its earnings results on Wednesday, July 29th. The construction company reported $1.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.32. Masco had a net margin of 11.61% and a return on equity of 2,379.08%. The firm had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $2.08 billion. During the same quarter in the prior year, the company earned $1.30 EPS. The company’s revenue was down 2.9% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. Equities analysts predict that Masco Corporation will post 4.52 EPS for the current year.

Masco Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Monday, August 24th will be given a $0.32 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a $1.28 annualized dividend and a dividend yield of 1.7%. Masco’s dividend payout ratio is presently 29.43%.

Masco declared that its Board of Directors has approved a share buyback plan on Thursday, May 7th that allows the company to repurchase $300.00 million in outstanding shares. This repurchase authorization allows the construction company to reacquire up to 2.1% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s management believes its stock is undervalued.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Royal Bank Of Canada raised their price target on Masco from $67.00 to $72.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 23rd. The Goldman Sachs Group upped their price objective on shares of Masco from $79.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Barclays cut their price objective on shares of Masco from $82.00 to $79.00 and set an “equal weight” rating on the stock in a report on Thursday, July 30th. UBS Group lowered their target price on shares of Masco from $97.00 to $94.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Finally, JPMorgan Chase & Co. upped their price target on shares of Masco from $74.00 to $78.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Seven investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Masco has an average rating of “Hold” and an average target price of $79.87.

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.