Vise Technologies Inc. purchased a new stake in Masco Corporation (NYSE:MAS – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 14,279 shares of the construction company’s stock, valued at approximately $1,162,000.
A number of other hedge funds have also added to or reduced their stakes in MAS. Focus Partners Wealth boosted its stake in shares of Masco by 2.6% during the 1st quarter. Focus Partners Wealth now owns 10,414 shares of the construction company’s stock valued at $724,000 after purchasing an additional 265 shares in the last quarter. CW Advisors LLC bought a new position in Masco in the second quarter worth about $238,000. Bank of Nova Scotia lifted its holdings in Masco by 14.8% in the second quarter. Bank of Nova Scotia now owns 25,555 shares of the construction company’s stock worth $1,645,000 after buying an additional 3,294 shares during the period. WINTON GROUP Ltd purchased a new stake in Masco in the second quarter worth about $415,000. Finally, Daiwa Securities Group Inc. boosted its position in Masco by 4.6% during the 2nd quarter. Daiwa Securities Group Inc. now owns 31,832 shares of the construction company’s stock valued at $2,049,000 after acquiring an additional 1,413 shares in the last quarter. 93.91% of the stock is owned by hedge funds and other institutional investors.
Masco Price Performance
Shares of NYSE:MAS opened at $73.39 on Friday. Masco Corporation has a 1-year low of $58.16 and a 1-year high of $83.64. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.86 and a quick ratio of 1.22. The business has a fifty day moving average price of $76.80 and a 200-day moving average price of $71.00. The company has a market capitalization of $14.47 billion, a PE ratio of 16.87, a PEG ratio of 1.86 and a beta of 1.30.
Masco Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Monday, August 24th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Monday, August 24th. Masco’s dividend payout ratio is currently 29.43%.
Masco announced that its board has approved a stock 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 stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.
Analyst Ratings Changes
A number of research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft set a $74.00 target price on Masco in a report on Monday, August 3rd. Evercore cut Masco from an “outperform” rating to an “in-line” rating and set a $78.00 target price for the company. in a research note on Thursday, July 30th. Wells Fargo & Company lifted their price target on Masco from $85.00 to $87.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Truist Financial reduced their price target on Masco from $90.00 to $85.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Finally, Weiss Ratings upgraded Masco from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, June 23rd. Seven research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $79.87.
Check Out Our Latest Report on MAS
Key Stories Impacting Masco
Here are the key news stories impacting Masco this week:
- Positive Sentiment: Zacks raised its FY2026 EPS forecast to $4.49 from $4.27, a meaningful improvement, and increased its FY2027 forecast slightly to $4.71 from $4.69.
- Positive Sentiment: Quarterly estimates also improved for Q1 2027, to $1.12 from $1.10; Q2 2027, to $1.42 from $1.35; and Q1 2028, to $1.28 from $1.22. These increases indicate some expectations for stronger earnings in portions of the forward period.
- Neutral Sentiment: The current-year analyst consensus remains $4.52 per share, close to Zacks’ revised FY2026 estimate. Zacks also projects FY2028 EPS of $5.17, although that forecast was reduced from $5.25.
- Negative Sentiment: Zacks cut estimates for several periods: Q3 2026 EPS to $0.99 from $1.04, Q4 2026 to $0.82 from $0.91, Q3 2027 to $1.13 from $1.18, Q4 2027 to $1.03 from $1.07, and Q2 2028 to $1.39 from $1.43.
- Negative Sentiment: The broad reduction to the FY2028 outlook suggests analysts see some pressure on Masco’s longer-term earnings growth. Combined with the lower near-term quarterly forecasts, the revisions are likely a modest headwind for MAS, even though select annual and quarterly estimates were raised.
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.
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