Quantbot Technologies LP Makes New Investment in Masco Corporation $MAS

Quantbot Technologies LP bought a new position in shares of Masco Corporation (NYSE:MAS) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,846 shares of the construction company’s stock, valued at approximately $1,208,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bard Associates Inc. bought a new position in Masco during the 4th quarter worth $25,000. Sunbelt Securities Inc. bought a new stake in shares of Masco during the 3rd quarter valued at $26,000. Bogart Wealth LLC lifted its position in shares of Masco by 2,550.0% during the 4th quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock valued at $27,000 after acquiring an additional 408 shares during the period. Bell Investment Advisors Inc acquired a new stake in shares of Masco during the 2nd quarter worth $32,000. Finally, Headlands Technologies LLC increased its position in shares of Masco by 114.5% in the second quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock worth $35,000 after purchasing an additional 293 shares during the period. 93.91% of the stock is currently owned by institutional investors and hedge funds.

Masco Stock Down 0.2%

Shares of NYSE MAS opened at $73.08 on Wednesday. The company has a market cap of $14.41 billion, a price-to-earnings ratio of 16.80, a PEG ratio of 1.85 and a beta of 1.30. The company has a current ratio of 1.86, a quick ratio of 1.22 and a debt-to-equity ratio of 109.07. Masco Corporation has a 12 month low of $58.16 and a 12 month high of $83.64. The stock has a 50-day moving average price of $76.74 and a two-hundred day moving average price of $71.08.

Masco (NYSE:MAS) last posted its quarterly earnings results on Wednesday, July 29th. The construction company reported $1.64 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.32. The company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $2.08 billion. Masco had a net margin of 11.61% and a return on equity of 2,379.08%. The firm’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same period last year, the company posted $1.30 EPS. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, analysts forecast that Masco Corporation will post 4.52 earnings per share for the current fiscal year.

Masco announced that its board has authorized a stock buyback plan on Thursday, May 7th that permits the company to buyback $300.00 million in outstanding shares. This buyback authorization permits the construction company to reacquire up to 2.1% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its stock is undervalued.

Masco Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Monday, August 24th will be paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Monday, August 24th. Masco’s payout ratio is presently 29.43%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on MAS shares. Deutsche Bank Aktiengesellschaft set a $74.00 price target on Masco in a research note on Monday, August 3rd. Barclays decreased their target price on shares of Masco from $82.00 to $79.00 and set an “equal weight” rating on the stock in a report on Thursday, July 30th. Weiss Ratings upgraded shares of Masco from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. Citigroup cut their price target on shares of Masco from $79.00 to $77.00 and set a “neutral” rating for the company in a report on Friday, July 31st. Finally, Wells Fargo & Company increased their price target on shares of Masco from $85.00 to $87.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Seven research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Masco presently has a consensus rating of “Hold” and a consensus target price of $79.88.

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.