denkapparat Operations GmbH Invests $722,000 in Masco Corporation $MAS

denkapparat Operations GmbH purchased a new stake in shares of Masco Corporation (NYSE:MAS) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 8,874 shares of the construction company’s stock, valued at approximately $722,000.

A number of other hedge funds also recently bought and sold shares of the company. BlackRock Inc. bought a new stake in Masco during the 2nd quarter valued at about $1,278,943,000. Norges Bank bought a new position in shares of Masco in the fourth quarter worth approximately $194,818,000. Wellington Management Group LLP bought a new position in shares of Masco in the third quarter worth approximately $192,948,000. Bank of America Corp DE purchased a new stake in shares of Masco during the second quarter valued at approximately $178,424,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Masco during the second quarter valued at approximately $156,668,000. Institutional investors own 93.91% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on MAS. UBS Group decreased their price objective on shares of Masco from $97.00 to $94.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Zacks Research downgraded Masco from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 14th. Barclays reduced their target price on Masco from $82.00 to $79.00 and set an “equal weight” rating for the company in a report on Thursday, July 30th. Citigroup lowered their price target on Masco from $79.00 to $77.00 and set a “neutral” rating on the stock in a report on Friday, July 31st. Finally, Wells Fargo & Company increased their price objective on Masco from $85.00 to $87.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Seven research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $79.88.

Masco Stock Up 0.6%

Shares of Masco stock opened at $71.39 on Friday. Masco Corporation has a twelve month low of $58.16 and a twelve month high of $83.64. The company has a quick ratio of 1.22, a current ratio of 1.86 and a debt-to-equity ratio of 109.07. The company’s 50 day moving average is $76.31 and its 200 day moving average is $70.94. The company has a market cap of $14.08 billion, a price-to-earnings ratio of 16.41, a price-to-earnings-growth ratio of 1.73 and a beta of 1.30.

Masco (NYSE:MAS) last posted its earnings results on Wednesday, July 29th. The construction company reported $1.64 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.32. The business had revenue of $1.99 billion during 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 revenue was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.30 EPS. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. Research analysts anticipate that Masco Corporation will post 4.52 EPS for the current year.

Masco Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were issued a $0.32 dividend. The ex-dividend date of this dividend was Monday, August 24th. This represents a $1.28 annualized dividend and a dividend yield of 1.8%. Masco’s payout ratio is presently 29.43%.

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

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.