Masco (NYSE:MAS) Upgraded at Zacks Research

Zacks Research upgraded shares of Masco (NYSE:MAS) from a hold rating to a strong-buy rating in a research report sent to investors on Thursday morning,Zacks.com reports.

Other research analysts also recently issued reports about the stock. Citigroup dropped their target price on shares of Masco from $84.00 to $79.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. BMO Capital Markets reduced their price target on shares of Masco from $77.00 to $75.00 and set a “market perform” rating for the company in a research report on Monday, April 20th. JPMorgan Chase & Co. raised their price objective on shares of Masco from $74.00 to $78.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Bank of America lowered their price objective on shares of Masco from $69.00 to $61.00 and set an “underperform” rating on the stock in a research report on Monday, April 20th. Finally, Truist Financial boosted their target price on shares of Masco from $85.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $80.67.

Masco Stock Down 1.9%

Shares of Masco stock opened at $78.60 on Thursday. Masco has a 12-month low of $58.16 and a 12-month high of $83.21. The firm has a market capitalization of $15.86 billion, a PE ratio of 19.50, a price-to-earnings-growth ratio of 1.94 and a beta of 1.29. The company has a quick ratio of 1.11, a current ratio of 1.75 and a debt-to-equity ratio of 109.07. The stock’s fifty day moving average is $73.45 and its 200-day moving average is $69.53.

Masco (NYSE:MAS) last released its quarterly earnings results on Wednesday, April 22nd. The construction company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.16. The business had revenue of $1.92 billion during the quarter, compared to analyst estimates of $2.07 billion. Masco had a return on equity of 815.20% and a net margin of 10.90%.Masco’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter last year, the company posted $0.87 EPS. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Equities analysts anticipate that Masco will post 4.25 earnings per share for the current year.

Masco Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Friday, May 22nd were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, May 22nd. Masco’s dividend payout ratio is 31.76%.

Masco announced that its board has initiated a share repurchase program on Thursday, May 7th that authorizes the company to repurchase $300.00 million in shares. This repurchase authorization authorizes the construction company to repurchase up to 2.1% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

Institutional Trading of Masco

Several hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp increased its position in Masco by 0.6% in the 4th quarter. State Street Corp now owns 10,235,505 shares of the construction company’s stock worth $649,545,000 after purchasing an additional 60,430 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Masco by 19.2% during the 4th quarter. JPMorgan Chase & Co. now owns 6,063,286 shares of the construction company’s stock valued at $384,776,000 after buying an additional 977,684 shares during the last quarter. Boston Partners lifted its holdings in shares of Masco by 1.0% during the 3rd quarter. Boston Partners now owns 5,850,170 shares of the construction company’s stock valued at $411,832,000 after buying an additional 58,609 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of Masco by 76.1% in the 4th quarter. Wellington Management Group LLP now owns 4,826,584 shares of the construction company’s stock valued at $306,295,000 after buying an additional 2,085,454 shares in the last quarter. Finally, Nordea Investment Management AB grew its stake in shares of Masco by 6.5% in the 4th quarter. Nordea Investment Management AB now owns 4,371,864 shares of the construction company’s stock valued at $278,619,000 after buying an additional 267,012 shares in the last quarter. 93.91% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Masco

Here are the key news stories impacting Masco this week:

• Positive Sentiment: Zacks Research upgraded Masco to Strong Buy from Hold, which can signal stronger near-term sentiment toward the stock. Article Title
• Positive Sentiment: Zacks Research raised earnings estimates across multiple periods, including FY2027 to $4.69 per share and FY2028 to $5.25 per share, suggesting confidence in Masco’s longer-term profit growth. Article Title
• Positive Sentiment: The firm also nudged up quarterly forecasts for Q1, Q2, Q3, Q4 2027 and Q1, Q2 2028, reinforcing the view that earnings momentum may be improving. Article Title
• Neutral Sentiment: Masco recently beat last quarter’s EPS estimate but missed on revenue, so investors may still be weighing mixed fundamental signals alongside the bullish analyst coverage.

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.