Masco Corporation (NYSE:MAS) Receives Average Recommendation of “Hold” from Brokerages

Masco Corporation (NYSE:MAS) has been given a consensus rating of “Hold” by the twenty brokerages that are covering the stock, Marketbeat Ratings reports. Thirteen research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $76.9375.

A number of research firms have recently commented on MAS. Citigroup boosted their price objective on shares of Masco from $71.00 to $84.00 and gave the company a “neutral” rating in a research note on Thursday, February 12th. BMO Capital Markets restated a “market perform” rating and set a $77.00 price target on shares of Masco in a research report on Thursday, February 12th. Robert W. Baird set a $82.00 price objective on Masco in a research report on Wednesday, February 11th. Royal Bank Of Canada boosted their target price on Masco from $67.00 to $74.00 and gave the stock a “sector perform” rating in a research report on Wednesday, February 11th. Finally, Evercore set a $78.00 price target on Masco in a report on Wednesday, February 11th.

Insider Transactions at Masco

In related news, CAO Heath M. Eisman sold 747 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $71.92, for a total value of $53,724.24. Following the transaction, the chief accounting officer owned 12,510 shares of the company’s stock, valued at $899,719.20. This represents a 5.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On Masco

Large investors have recently modified their holdings of the company. Focus Partners Wealth boosted its stake in Masco by 2.6% in the first quarter. Focus Partners Wealth now owns 10,414 shares of the construction company’s stock worth $724,000 after buying an additional 265 shares in the last quarter. Resona Asset Management Co. Ltd. boosted its stake in shares of Masco by 8.2% in the 2nd quarter. Resona Asset Management Co. Ltd. now owns 72,319 shares of the construction company’s stock valued at $4,652,000 after purchasing an additional 5,472 shares in the last quarter. Savant Capital LLC grew its holdings in shares of Masco by 95.5% during the 2nd quarter. Savant Capital LLC now owns 13,453 shares of the construction company’s stock valued at $866,000 after purchasing an additional 6,572 shares during the last quarter. Vestmark Advisory Solutions Inc. purchased a new position in Masco in the 2nd quarter worth $219,000. Finally, Wedbush Securities Inc. lifted its stake in Masco by 18.8% in the second quarter. Wedbush Securities Inc. now owns 11,570 shares of the construction company’s stock worth $745,000 after purchasing an additional 1,829 shares during the last quarter. 93.91% of the stock is owned by hedge funds and other institutional investors.

Masco Price Performance

Masco stock opened at $64.15 on Tuesday. The firm has a market capitalization of $13.06 billion, a P/E ratio of 16.66, a PEG ratio of 1.81 and a beta of 1.27. Masco has a one year low of $56.55 and a one year high of $79.19. The company has a debt-to-equity ratio of 38.75, a current ratio of 1.81 and a quick ratio of 1.14. The business has a fifty day moving average price of $69.83 and a 200-day moving average price of $68.24.

Masco (NYSE:MAS) last issued its quarterly earnings data on Tuesday, February 10th. The construction company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.04. The business had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.82 billion. Masco had a return on equity of 856.70% and a net margin of 10.71%.The firm’s quarterly revenue was down 1.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.89 EPS. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, equities research analysts forecast that Masco will post 4.34 EPS for the current year.

Masco announced that its board has authorized a stock buyback plan on Tuesday, February 10th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the construction company to buy up to 13.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its stock is undervalued.

Masco Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Friday, February 20th were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Friday, February 20th. This is a positive change from Masco’s previous quarterly dividend of $0.31. Masco’s payout ratio is currently 33.25%.

Masco Company 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.