Dynamic Technology Lab Private Ltd Invests $948,000 in Masco Corporation $MAS

Dynamic Technology Lab Private Ltd bought a new position in Masco Corporation (NYSE:MASFree Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 13,472 shares of the construction company’s stock, valued at approximately $948,000.

Several other large investors have also added to or reduced their stakes in the business. Rossby Financial LCC increased its holdings in Masco by 134.2% during the 3rd quarter. Rossby Financial LCC now owns 370 shares of the construction company’s stock worth $26,000 after purchasing an additional 212 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new position in shares of Masco in the second quarter valued at approximately $28,000. Headlands Technologies LLC boosted its position in shares of Masco by 114.5% during the second quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock valued at $35,000 after buying an additional 293 shares during the last quarter. Caldwell Trust Co purchased a new position in shares of Masco during the second quarter valued at approximately $37,000. Finally, CYBER HORNET ETFs LLC bought a new stake in Masco during the second quarter worth $37,000. Institutional investors own 93.91% of the company’s stock.

Insider Transactions at Masco

In related news, CAO Heath M. Eisman sold 747 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $71.92, for a total transaction of $53,724.24. Following the completion of the sale, the chief accounting officer owned 12,510 shares in the company, valued at approximately $899,719.20. This trade represents a 5.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.50% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Barclays reissued an “equal weight” rating and issued a $71.00 price target (down from $76.00) on shares of Masco in a research report on Monday, December 8th. Wells Fargo & Company lifted their price objective on shares of Masco from $78.00 to $85.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. Zelman & Associates lowered shares of Masco to a “hold” rating in a research note on Wednesday, February 11th. Royal Bank Of Canada increased their target price on shares of Masco from $67.00 to $74.00 and gave the company a “sector perform” rating in a report on Wednesday, February 11th. Finally, BMO Capital Markets restated a “market perform” rating and set a $77.00 price target on shares of Masco in a report on Thursday, February 12th. Seven investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $76.94.

Read Our Latest Stock Analysis on Masco

Masco Stock Down 2.5%

MAS stock opened at $63.66 on Monday. The stock’s fifty day simple moving average is $69.84 and its two-hundred day simple moving average is $68.30. The company has a current ratio of 1.81, a quick ratio of 1.14 and a debt-to-equity ratio of 38.75. Masco Corporation has a 1-year low of $56.55 and a 1-year high of $79.19. The stock has a market cap of $12.96 billion, a P/E ratio of 16.54, a P/E/G ratio of 1.81 and a beta of 1.27.

Masco (NYSE:MASGet Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The construction company reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.04. Masco had a return on equity of 856.70% and a net margin of 10.71%.The firm had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter in the prior year, the company earned $0.89 EPS. The business’s revenue for the quarter was down 1.9% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Analysts expect that Masco Corporation will post 4.34 EPS for the current year.

Masco declared that its board has authorized a share buyback plan on Tuesday, February 10th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the construction company to repurchase up to 13.5% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

Masco Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 9th. Investors of record on Friday, February 20th will be given a dividend of $0.32 per share. The ex-dividend date is Friday, February 20th. This is an increase from Masco’s previous quarterly dividend of $0.31. This represents a $1.28 annualized dividend and a yield of 2.0%. Masco’s dividend payout ratio (DPR) is currently 33.25%.

Masco Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Masco (NYSE:MAS)

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