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

Shares of Masco Corporation (NYSE:MAS) have been given an average recommendation of “Hold” by the twenty brokerages that are covering the stock, Marketbeat.com reports. Fourteen equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $77.3333.

Several equities research analysts have recently issued reports on the company. BMO Capital Markets reaffirmed a “market perform” rating and issued a $77.00 price objective on shares of Masco in a research note on Thursday, February 12th. Oppenheimer reissued an “outperform” rating and issued a $88.00 price objective on shares of Masco in a research report on Wednesday, February 11th. Wells Fargo & Company raised their price objective on shares of Masco from $78.00 to $85.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Robert W. Baird set a $82.00 target price on Masco in a research report on Wednesday, February 11th. Finally, Barclays reaffirmed an “equal weight” rating and set a $71.00 target price (down from $76.00) on shares of Masco in a research note on Monday, December 8th.

Insider Buying and Selling at Masco

In other news, CAO Heath M. Eisman sold 747 shares of the business’s stock in a transaction on 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 directly owned 12,510 shares of the company’s stock, valued at approximately $899,719.20. The trade was a 5.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On Masco

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Hsbc Holdings PLC increased its position in shares of Masco by 14.1% during the fourth quarter. Hsbc Holdings PLC now owns 509,669 shares of the construction company’s stock worth $32,410,000 after acquiring an additional 62,939 shares during the period. Rockefeller Capital Management L.P. boosted its holdings in shares of Masco by 38.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 21,500 shares of the construction company’s stock valued at $1,364,000 after purchasing an additional 5,987 shares during the period. World Investment Advisors grew its stake in Masco by 5.1% in the fourth quarter. World Investment Advisors now owns 57,528 shares of the construction company’s stock worth $3,651,000 after purchasing an additional 2,783 shares in the last quarter. PEAK6 LLC increased its holdings in Masco by 332.4% during the 4th quarter. PEAK6 LLC now owns 5,323 shares of the construction company’s stock worth $338,000 after purchasing an additional 7,613 shares during the period. Finally, Corient Private Wealth LLC increased its holdings in Masco by 37.5% during the 4th quarter. Corient Private Wealth LLC now owns 51,617 shares of the construction company’s stock worth $3,276,000 after purchasing an additional 14,079 shares during the period. Institutional investors own 93.91% of the company’s stock.

Masco Stock Down 0.1%

NYSE MAS opened at $59.08 on Friday. The company has a current ratio of 1.81, a quick ratio of 1.14 and a debt-to-equity ratio of 38.75. The stock has a market cap of $11.99 billion, a PE ratio of 15.34, a P/E/G ratio of 1.68 and a beta of 1.29. The stock’s 50 day moving average is $67.12 and its 200 day moving average is $66.54. Masco has a 12 month low of $56.55 and a 12 month high of $79.19.

Masco (NYSE:MAS) last announced its quarterly earnings results on Tuesday, February 10th. The construction company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.78 by $0.04. Masco had a net margin of 10.71% and a return on equity of 856.70%. The business had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter in the previous year, the company earned $0.89 EPS. The business’s quarterly revenue was down 1.9% compared to the same quarter last year. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Research analysts predict that Masco will post 4.34 EPS for the current fiscal year.

Masco announced that its board has authorized a share repurchase program on Tuesday, February 10th that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the construction company to buy up to 13.5% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Masco Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Friday, February 20th were given a $0.32 dividend. This is a boost from Masco’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Friday, February 20th. This represents a $1.28 annualized dividend and a yield of 2.2%. Masco’s dividend payout ratio is currently 33.25%.

About Masco

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.