Generali Asset Management SPA SGR Acquires 15,083 Shares of Masco Corporation $MAS

Generali Asset Management SPA SGR lifted its holdings in shares of Masco Corporation (NYSE:MAS) by 1,051.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,517 shares of the construction company’s stock after purchasing an additional 15,083 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Masco were worth $1,163,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of MAS. FORA Capital LLC boosted its stake in shares of Masco by 203.9% in the 2nd quarter. FORA Capital LLC now owns 35,603 shares of the construction company’s stock valued at $2,291,000 after purchasing an additional 23,887 shares in the last quarter. World Investment Advisors raised its position in Masco by 819.8% in the 3rd quarter. World Investment Advisors now owns 54,745 shares of the construction company’s stock worth $3,853,000 after purchasing an additional 48,793 shares during the period. Voya Financial Advisors Inc. bought a new stake in Masco in the third quarter worth $1,245,000. Nordea Investment Management AB boosted its position in Masco by 6.6% during the second quarter. Nordea Investment Management AB now owns 3,311,261 shares of the construction company’s stock valued at $212,351,000 after buying an additional 206,311 shares during the period. Finally, Tredje AP fonden boosted its position in Masco by 25.7% during the second quarter. Tredje AP fonden now owns 22,038 shares of the construction company’s stock valued at $1,418,000 after buying an additional 4,507 shares during the period. 93.91% of the stock is owned by hedge funds and other institutional investors.

Masco Price Performance

Shares of MAS stock opened at $64.47 on Monday. The company has a debt-to-equity ratio of 17.53, a quick ratio of 1.20 and a current ratio of 1.88. Masco Corporation has a fifty-two week low of $56.55 and a fifty-two week high of $82.18. The firm has a market cap of $13.39 billion, a P/E ratio of 16.53, a P/E/G ratio of 2.60 and a beta of 1.28. The business’s 50 day moving average price is $63.52 and its 200-day moving average price is $67.32.

Masco (NYSE:MAS) last announced its earnings results on Wednesday, October 29th. The construction company reported $0.97 EPS for the quarter, missing analysts’ consensus estimates of $1.02 by ($0.05). The business had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.94 billion. Masco had a net margin of 10.89% and a return on equity of 1,317.38%. Masco’s revenue was down 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.08 EPS. Masco has set its FY 2025 guidance at 3.900-3.95 EPS. On average, equities research analysts anticipate that Masco Corporation will post 4.34 earnings per share for the current year.

Masco Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, November 24th. Stockholders of record on Friday, November 7th were given a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Friday, November 7th. Masco’s dividend payout ratio (DPR) is currently 31.79%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Masco in a report on Wednesday, October 8th. Wells Fargo & Company upgraded Masco from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $70.00 to $75.00 in a research report on Monday, December 15th. Zacks Research downgraded Masco from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 20th. Evercore ISI dropped their price objective on Masco from $75.00 to $70.00 and set an “in-line” rating for the company in a research note on Thursday, October 30th. Finally, Barclays restated an “equal weight” rating and issued a $71.00 target price (down previously from $76.00) on shares of Masco in a report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and thirteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, Masco has an average rating of “Hold” and an average target price of $73.53.

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.