Masco Corporation $MAS Shares Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its position in Masco Corporation (NYSE:MAS) by 10.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 547,051 shares of the construction company’s stock after purchasing an additional 53,851 shares during the period. BNP Paribas Financial Markets’ holdings in Masco were worth $34,716,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Norges Bank acquired a new position in shares of Masco in the 4th quarter valued at $194,818,000. Eurizon Capital SGR S.p.A. purchased a new stake in Masco in the 4th quarter worth $14,870,000. National Pension Service increased its holdings in Masco by 28.6% in the 4th quarter. National Pension Service now owns 142,556 shares of the construction company’s stock worth $9,047,000 after acquiring an additional 31,700 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its holdings in Masco by 713.8% in the 4th 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 acquiring an additional 146,322 shares in the last quarter. Finally, Intech Investment Management LLC increased its holdings in Masco by 1.9% in the 4th quarter. Intech Investment Management LLC now owns 25,993 shares of the construction company’s stock worth $1,650,000 after acquiring an additional 480 shares in the last quarter. 93.91% of the stock is currently owned by institutional investors and hedge funds.

Masco Price Performance

Masco stock opened at $69.67 on Thursday. Masco Corporation has a 52-week low of $58.16 and a 52-week high of $79.19. The firm has a market capitalization of $14.05 billion, a price-to-earnings ratio of 17.29, a PEG ratio of 1.70 and a beta of 1.31. The company has a fifty day simple moving average of $66.62 and a 200-day simple moving average of $66.62. The company has a quick ratio of 1.11, a current ratio of 1.75 and a debt-to-equity ratio of 109.07.

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

Masco announced that its Board of Directors has initiated a share buyback plan on Tuesday, February 10th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the construction company to buy up to 13.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Masco Dividend Announcement

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

Analyst Ratings Changes

MAS has been the subject of several recent analyst reports. Royal Bank Of Canada boosted their price target on shares of Masco from $67.00 to $72.00 and gave the stock a “sector perform” rating in a report on Thursday, April 23rd. BMO Capital Markets cut their price target on shares of Masco from $77.00 to $75.00 and set a “market perform” rating for the company in a report on Monday, April 20th. Evercore raised shares of Masco from an “in-line” rating to an “outperform” rating and set a $78.00 price target for the company in a report on Monday, April 13th. UBS Group boosted their price target on shares of Masco from $96.00 to $97.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Finally, Wells Fargo & Company boosted their price target on shares of Masco from $70.00 to $82.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. Seven research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $80.07.

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.