National Pension Service Boosts Stock Holdings in Masco Corporation $MAS

National Pension Service raised its holdings in Masco Corporation (NYSE:MAS) by 28.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 142,556 shares of the construction company’s stock after acquiring an additional 31,700 shares during the period. National Pension Service’s holdings in Masco were worth $9,047,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its stake in shares of Masco by 713.8% in the fourth quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 166,822 shares of the construction company’s stock worth $10,587,000 after purchasing an additional 146,322 shares in the last quarter. Intech Investment Management LLC increased its stake in shares of Masco by 1.9% in the fourth quarter. Intech Investment Management LLC now owns 25,993 shares of the construction company’s stock worth $1,650,000 after purchasing an additional 480 shares in the last quarter. Allstate Corp increased its stake in shares of Masco by 111.6% in the fourth quarter. Allstate Corp now owns 11,783 shares of the construction company’s stock worth $748,000 after purchasing an additional 6,215 shares in the last quarter. Clearstead Advisors LLC increased its stake in shares of Masco by 42.0% in the fourth quarter. Clearstead Advisors LLC now owns 1,345 shares of the construction company’s stock worth $85,000 after purchasing an additional 398 shares in the last quarter. Finally, Morningstar Investment Management LLC increased its stake in shares of Masco by 14.0% in the fourth quarter. Morningstar Investment Management LLC now owns 45,436 shares of the construction company’s stock worth $2,883,000 after purchasing an additional 5,586 shares in the last quarter. Hedge funds and other institutional investors own 93.91% of the company’s stock.

Masco Price Performance

Shares of NYSE:MAS opened at $70.32 on Monday. The company has a 50 day moving average of $66.04 and a 200 day moving average of $66.47. The stock has a market cap of $14.19 billion, a P/E ratio of 17.45, a P/E/G ratio of 1.73 and a beta of 1.31. Masco Corporation has a 12 month low of $58.16 and a 12 month high of $79.19. The company has a current ratio of 1.75, a quick ratio of 1.11 and a debt-to-equity ratio of 109.07.

Masco (NYSE:MAS) last issued its quarterly earnings data on Wednesday, April 22nd. The construction company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.88 by $0.16. The company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $2.07 billion. Masco had a net margin of 10.90% and a return on equity of 815.20%. Masco’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.87 earnings per share. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, sell-side analysts forecast that Masco Corporation will post 4.25 EPS for the current fiscal year.

Masco declared that its board has approved a share buyback program on Tuesday, February 10th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the construction company to buy up to 13.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Masco Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 8th. Shareholders of record on Friday, May 22nd will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Friday, May 22nd. Masco’s payout ratio is currently 31.76%.

Wall Street Analysts Forecast Growth

MAS has been the subject of several recent research reports. JPMorgan Chase & Co. lifted their target price 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. UBS Group lifted their target price on shares of Masco from $96.00 to $97.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Weiss Ratings cut shares of Masco from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Royal Bank Of Canada boosted their price objective on shares of Masco from $67.00 to $72.00 and gave the company a “sector perform” rating in a research note on Thursday, April 23rd. Finally, Wells Fargo & Company boosted their price objective on shares of Masco from $70.00 to $82.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. Seven analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $80.07.

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.