Fieldview Capital Management LLC Invests $557,000 in Masco Corporation $MAS

Fieldview Capital Management LLC purchased a new stake in shares of Masco Corporation (NYSE:MAS) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 7,907 shares of the construction company’s stock, valued at approximately $557,000.

Several other hedge funds have also recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of Masco in the second quarter worth approximately $122,990,000. Vanguard Group Inc. grew its position in Masco by 6.6% during the second quarter. Vanguard Group Inc. now owns 28,872,772 shares of the construction company’s stock valued at $1,858,252,000 after purchasing an additional 1,780,673 shares in the last quarter. Holocene Advisors LP grew its position in Masco by 48.6% during the second quarter. Holocene Advisors LP now owns 5,001,386 shares of the construction company’s stock valued at $321,889,000 after purchasing an additional 1,635,746 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Masco by 32.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,085,602 shares of the construction company’s stock valued at $357,976,000 after buying an additional 1,240,322 shares during the period. Finally, American Century Companies Inc. increased its stake in Masco by 502.1% in the 3rd quarter. American Century Companies Inc. now owns 1,055,362 shares of the construction company’s stock valued at $74,287,000 after buying an additional 880,076 shares during the period. 93.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on MAS. Weiss Ratings lowered shares of Masco from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday. Oppenheimer reaffirmed an “outperform” rating and issued a $88.00 price target on shares of Masco in a research note on Wednesday, February 11th. Robert W. Baird set a $82.00 price objective on Masco in a report on Wednesday, February 11th. Royal Bank Of Canada lifted their price objective on Masco from $67.00 to $74.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 11th. Finally, Zelman & Associates lowered Masco to a “hold” rating in a research report on Wednesday, February 11th. Six investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat, Masco has an average rating of “Hold” and an average target price of $76.94.

Masco Stock Performance

Shares of MAS opened at $63.50 on Wednesday. The firm has a market cap of $12.93 billion, a price-to-earnings ratio of 16.49, a price-to-earnings-growth ratio of 1.82 and a beta of 1.27. The company’s fifty day moving average is $69.81 and its 200-day moving average is $68.16. The company has a quick ratio of 1.14, a current ratio of 1.81 and a debt-to-equity ratio of 38.75. Masco Corporation has a 12 month low of $56.55 and a 12 month high of $79.19.

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. Masco had a net margin of 10.71% and a return on equity of 856.70%. The firm had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same period in the prior year, the company posted $0.89 earnings per share. Masco’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. Equities analysts expect that Masco Corporation will post 4.34 EPS for the current fiscal year.

Masco Increases Dividend

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

Masco declared that its Board of Directors has approved a stock repurchase program on Tuesday, February 10th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the construction company to buy up to 13.5% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Masco

In other Masco news, CAO Heath M. Eisman sold 747 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $71.92, for a total transaction of $53,724.24. Following the transaction, the chief accounting officer owned 12,510 shares in the company, valued at $899,719.20. This trade represents a 5.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.50% of the stock is owned by insiders.

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.