Secured Retirement Advisors LLC Acquires Shares of 15,171 Masco Corporation $MAS

Secured Retirement Advisors LLC bought a new position in shares of Masco Corporation (NYSE:MAS) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 15,171 shares of the construction company’s stock, valued at approximately $916,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Bard Associates Inc. bought a new position in shares of Masco in the 4th quarter worth $25,000. Sunbelt Securities Inc. bought a new stake in Masco in the third quarter valued at about $26,000. Bogart Wealth LLC increased its holdings 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. Community Bank N.A. acquired a new position in Masco in the third quarter valued at about $34,000. Finally, Headlands Technologies LLC boosted its holdings 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 last quarter. Institutional investors own 93.91% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Royal Bank Of Canada boosted their target price on Masco from $67.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 23rd. Barclays boosted their price objective on shares of Masco from $65.00 to $78.00 and gave the company an “equal weight” rating in a report on Wednesday, April 22nd. Evercore upgraded shares of 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. Robert W. Baird boosted their price target 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, Wells Fargo & Company raised their price objective on Masco from $70.00 to $82.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Eight 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, the stock has an average rating of “Hold” and an average target price of $80.07.

Masco Price Performance

NYSE MAS opened at $81.85 on Thursday. 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 Corporation has a 12-month low of $58.16 and a 12-month high of $82.90. The firm’s 50 day moving average is $71.86 and its 200-day moving average is $68.35. The company has a market capitalization of $16.51 billion, a PE ratio of 20.31, a price-to-earnings-growth ratio of 2.01 and a beta of 1.28.

Masco (NYSE:MAS) last issued its quarterly earnings results on Wednesday, April 22nd. The construction company reported $1.04 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $2.07 billion. During the same period in the previous year, the firm posted $0.87 EPS. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Equities research analysts anticipate that Masco Corporation will post 4.25 earnings per share for the current fiscal year.

Masco Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Friday, May 22nd were paid a $0.32 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $1.28 annualized dividend and a dividend yield of 1.6%. Masco’s dividend payout ratio (DPR) is currently 31.76%.

Masco announced that its board has initiated a stock buyback program on Thursday, May 7th that permits the company to buyback $300.00 million in outstanding shares. This buyback authorization permits the construction company to repurchase up to 2.1% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its stock is undervalued.

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.