Oxbow Advisors LLC Decreases Holdings in Masco Corporation $MAS

Oxbow Advisors LLC lowered its position in Masco Corporation (NYSE:MAS) by 46.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 51,549 shares of the construction company’s stock after selling 45,080 shares during the period. Oxbow Advisors LLC’s holdings in Masco were worth $3,271,000 at the end of the most recent reporting period.

Other large investors 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 valued at $26,000 after purchasing an additional 212 shares in the last quarter. Sunbelt Securities Inc. purchased a new position in shares of Masco in the third quarter valued at about $26,000. Bogart Wealth LLC lifted its position in shares of Masco by 2,550.0% in the fourth quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock valued at $27,000 after acquiring an additional 408 shares in the last quarter. Community Bank N.A. purchased a new stake in shares of Masco during the third quarter worth about $34,000. Finally, Headlands Technologies LLC grew its holdings in 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 buying an additional 293 shares in the last quarter. 93.91% of the stock is currently owned by institutional investors.

Masco Stock Down 0.3%

Shares of MAS stock opened at $71.73 on Friday. Masco Corporation has a fifty-two week low of $58.16 and a fifty-two week high of $79.19. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.11 and a current ratio of 1.75. The firm has a market capitalization of $14.47 billion, a PE ratio of 17.80, a P/E/G ratio of 1.77 and a beta of 1.34. The stock’s 50-day simple moving average is $65.16 and its 200-day simple moving average is $66.20.

Masco (NYSE:MAS) last issued its quarterly earnings data on Wednesday, April 22nd. The construction company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.16. Masco had a return on equity of 815.20% and a net margin of 10.90%.The business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $2.07 billion. During the same quarter in the previous year, the firm posted $0.87 EPS. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. Equities analysts expect that Masco Corporation will post 4.25 earnings per share for the current year.

Masco declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, February 10th that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the construction company to buy up to 13.5% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its stock is undervalued.

Masco Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Friday, February 20th were paid a $0.32 dividend. This is a boost from Masco’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, February 20th. Masco’s dividend payout ratio is presently 31.76%.

Insider Transactions at Masco

In related news, CAO Heath M. Eisman sold 747 shares of the company’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $71.92, for a total transaction of $53,724.24. Following the completion of the sale, the chief accounting officer owned 12,510 shares of the company’s stock, valued at approximately $899,719.20. This represents a 5.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.55% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on MAS shares. Royal Bank Of Canada raised their price target on Masco from $67.00 to $72.00 and gave the company a “sector perform” rating in a report on Thursday, April 23rd. Barclays lifted their price target on Masco from $65.00 to $78.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 22nd. Robert W. Baird increased their target price on shares of Masco from $72.00 to $80.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. Truist Financial raised their price target on Masco from $85.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Finally, Bank of America lowered their price objective on shares of Masco from $69.00 to $61.00 and set an “underperform” rating for the company in a research report on Monday, April 20th. Seven equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $80.07.

Masco Company 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.