Masco Corporation $MAS Shares Acquired by Russell Investments Group Ltd.

Russell Investments Group Ltd. increased its holdings in Masco Corporation (NYSE:MAS) by 163.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 661,494 shares of the construction company’s stock after purchasing an additional 410,471 shares during the period. Russell Investments Group Ltd. owned 0.32% of Masco worth $46,562,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Rossby Financial LCC lifted its position in Masco by 134.2% during the third quarter. Rossby Financial LCC now owns 370 shares of the construction company’s stock worth $26,000 after buying an additional 212 shares during the period. Elevation Point Wealth Partners LLC purchased a new stake in Masco in the 2nd quarter valued at about $28,000. Headlands Technologies LLC increased its stake in shares of Masco by 114.5% during the 2nd quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock valued at $35,000 after acquiring an additional 293 shares during the last quarter. Caldwell Trust Co acquired a new position in shares of Masco during the 2nd quarter valued at about $37,000. Finally, CYBER HORNET ETFs LLC purchased a new position in shares of Masco during the 2nd quarter worth about $37,000. 93.91% of the stock is currently owned by institutional investors and hedge funds.

Masco Stock Down 1.5%

Shares of NYSE:MAS opened at $62.49 on Thursday. The stock has a 50-day simple moving average of $69.79 and a 200-day simple moving average of $68.12. The stock has a market capitalization of $12.72 billion, a P/E ratio of 16.23, a PEG ratio of 1.80 and a beta of 1.27. Masco Corporation has a 1 year low of $56.55 and a 1 year high of $79.19. The company has a debt-to-equity ratio of 38.75, a quick ratio of 1.14 and a current ratio of 1.81.

Masco (NYSE:MAS) last posted its quarterly earnings results on Tuesday, February 10th. The construction company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.78 by $0.04. The firm had revenue of $1.79 billion for 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%. Masco’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.89 earnings per share. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Equities analysts forecast that Masco Corporation will post 4.34 earnings per share for the current year.

Masco declared that its board has approved a stock repurchase plan on Tuesday, February 10th that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the construction company to repurchase up to 13.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Masco Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Friday, February 20th were paid a $0.32 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.0%. This is a boost from Masco’s previous quarterly dividend of $0.31. Masco’s payout ratio is 33.25%.

Insider Activity at Masco

In related news, CAO Heath M. Eisman sold 747 shares of Masco stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $71.92, for a total transaction of $53,724.24. Following the transaction, the chief accounting officer owned 12,510 shares in the company, valued at approximately $899,719.20. The trade was a 5.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. BMO Capital Markets reissued a “market perform” rating and issued a $77.00 target price on shares of Masco in a research report on Thursday, February 12th. Wells Fargo & Company upped their price target on shares of Masco from $78.00 to $85.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Oppenheimer reaffirmed an “outperform” rating and set a $88.00 price target on shares of Masco in a research note on Wednesday, February 11th. Robert W. Baird set a $82.00 price objective on shares of Masco in a research note on Wednesday, February 11th. Finally, Zelman & Associates downgraded Masco to a “hold” rating in a report on Wednesday, February 11th. Six analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $76.94.

About Masco

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.