United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Boosts Stock Position in Masco Corporation $MAS

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund lifted its stake in Masco Corporation (NYSE:MAS) by 115.8% in the third quarter, Holdings Channel.com reports. The fund owned 20,500 shares of the construction company’s stock after purchasing an additional 11,000 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Masco were worth $1,443,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in MAS. Mediolanum International Funds Ltd purchased a new stake in Masco during the 3rd quarter worth about $16,398,000. World Investment Advisors grew its holdings in Masco by 819.8% during the 3rd quarter. World Investment Advisors now owns 54,745 shares of the construction company’s stock valued at $3,853,000 after buying an additional 48,793 shares in the last quarter. FORA Capital LLC increased its position in shares of Masco by 203.9% during the second quarter. FORA Capital LLC now owns 35,603 shares of the construction company’s stock valued at $2,291,000 after buying an additional 23,887 shares during the period. CWA Asset Management Group LLC increased its position in shares of Masco by 33.4% during the third quarter. CWA Asset Management Group LLC now owns 62,922 shares of the construction company’s stock valued at $4,429,000 after buying an additional 15,770 shares during the period. Finally, Voya Financial Advisors Inc. purchased a new stake in shares of Masco in the third quarter worth about $1,245,000. 93.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on MAS shares. Evercore set a $78.00 price objective on shares of Masco in a research note on Wednesday, February 11th. Wells Fargo & Company increased their target price on shares of Masco from $78.00 to $85.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Royal Bank Of Canada raised their price target on shares of Masco from $67.00 to $74.00 and gave the company a “sector perform” rating in a report on Wednesday, February 11th. Barclays reaffirmed an “equal weight” rating and issued a $71.00 price target (down from $76.00) on shares of Masco in a report on Monday, December 8th. Finally, Weiss Ratings upgraded Masco from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 5th. Seven equities research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $76.94.

Masco Price Performance

Shares of NYSE:MAS opened at $63.66 on Friday. The company’s fifty day moving average price is $69.84 and its 200-day moving average price is $68.33. The company has a debt-to-equity ratio of 38.75, a current ratio of 1.81 and a quick ratio of 1.14. The firm has a market capitalization of $12.96 billion, a price-to-earnings ratio of 16.54, a PEG ratio of 1.81 and a beta of 1.27. Masco Corporation has a one year low of $56.55 and a one year high of $79.19.

Masco (NYSE:MAS) last announced its earnings results on Tuesday, February 10th. The construction company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.04. The company had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.82 billion. Masco had a net margin of 10.71% and a return on equity of 856.70%. The firm’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.89 earnings per share. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. On average, equities research analysts anticipate that Masco Corporation will post 4.34 earnings per share for the current fiscal year.

Masco Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 9th. Investors of record on Friday, February 20th will be issued a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.0%. This is a positive change from Masco’s previous quarterly dividend of $0.31. Masco’s payout ratio is 33.25%.

Masco announced that its Board of Directors has authorized a share buyback program on Tuesday, February 10th that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the construction company to purchase up to 13.5% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In related news, CAO Heath M. Eisman sold 747 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $71.92, for a total value of $53,724.24. Following the completion of the sale, the chief accounting officer owned 12,510 shares in the company, valued at $899,719.20. The trade was a 5.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.50% of the stock is owned by insiders.

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.