Natixis Advisors LLC Sells 45,242 Shares of Masco Corporation $MAS

Natixis Advisors LLC lowered its position in Masco Corporation (NYSE:MAS) by 19.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 192,266 shares of the construction company’s stock after selling 45,242 shares during the period. Natixis Advisors LLC’s holdings in Masco were worth $12,201,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MAS. Norges Bank bought a new position in shares of Masco in the 4th quarter worth approximately $194,818,000. Wellington Management Group LLP bought a new position in shares of Masco in the 3rd quarter worth approximately $192,948,000. Jacobs Levy Equity Management Inc. raised its position in shares of Masco by 443.6% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 2,330,523 shares of the construction company’s stock worth $164,046,000 after acquiring an additional 1,901,815 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Masco by 32.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,085,602 shares of the construction company’s stock worth $357,976,000 after buying an additional 1,240,322 shares during the last quarter. Finally, American Century Companies Inc. increased its position in Masco by 502.1% during the 3rd quarter. American Century Companies Inc. now owns 1,055,362 shares of the construction company’s stock valued at $74,287,000 after buying an additional 880,076 shares in the last quarter. Institutional investors own 93.91% of the company’s stock.

Wall Street Analysts Forecast Growth

MAS has been the subject of a number of analyst reports. Truist Financial raised their price objective on Masco from $85.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Citigroup reduced their price objective on Masco from $84.00 to $79.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Royal Bank Of Canada raised their price objective on Masco from $67.00 to $72.00 and gave the company a “sector perform” rating in a research report on Thursday, April 23rd. Weiss Ratings lowered Masco from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 29th. Finally, Wells Fargo & Company lifted their price target on Masco from $70.00 to $82.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Seven equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Masco presently has a consensus rating of “Hold” and an average price target of $80.07.

Masco Stock Performance

MAS stock opened at $69.42 on Friday. The company has a market cap of $14.00 billion, a P/E ratio of 17.23, a price-to-earnings-growth ratio of 1.71 and a beta of 1.31. Masco Corporation has a 1 year low of $58.16 and a 1 year high of $79.19. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.75 and a quick ratio of 1.11. The stock’s fifty day moving average price is $66.97 and its 200-day moving average price is $66.71.

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

Masco Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Investors of record on Friday, May 22nd will be given a dividend of $0.32 per share. The ex-dividend date is Friday, May 22nd. This represents a $1.28 annualized dividend and a yield of 1.8%. Masco’s payout ratio is 31.76%.

Masco declared that its board has authorized a stock buyback plan on Tuesday, February 10th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the construction company to repurchase up to 13.5% of its stock through open market purchases. Stock buyback plans are usually a sign 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.