OneDigital Investment Advisors LLC Makes New $1.04 Million Investment in Masco Corporation $MAS

OneDigital Investment Advisors LLC purchased a new position in shares of Masco Corporation (NYSE:MAS) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 12,755 shares of the construction company’s stock, valued at approximately $1,038,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Plato Investment Management Ltd acquired a new stake in Masco during the 2nd quarter worth $680,000. Bell Investment Advisors Inc acquired a new position in Masco in the second quarter valued at about $32,000. Global Retirement Partners LLC bought a new stake in shares of Masco in the second quarter worth about $501,000. 1ST Source Bank bought a new stake in shares of Masco in the second quarter worth about $788,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Masco during the second quarter worth about $156,668,000. Institutional investors and hedge funds own 93.91% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on MAS shares. Truist Financial decreased their price objective on Masco from $90.00 to $85.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Royal Bank Of Canada lifted their price target on shares of Masco from $67.00 to $72.00 and gave the company a “sector perform” rating in a research note on Thursday, April 23rd. Evercore cut shares of Masco from an “outperform” rating to an “in-line” rating and set a $78.00 price target for the company. in a report on Thursday, July 30th. Zacks Research raised shares of Masco from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Finally, Barclays cut their price objective on shares of Masco from $82.00 to $79.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Masco presently has an average rating of “Hold” and an average target price of $79.87.

Masco Stock Down 0.7%

Masco stock opened at $73.79 on Tuesday. The company has a current ratio of 1.86, a quick ratio of 1.22 and a debt-to-equity ratio of 109.07. Masco Corporation has a 1-year low of $58.16 and a 1-year high of $83.64. The company has a fifty day simple moving average of $76.72 and a 200 day simple moving average of $70.82. The company has a market cap of $14.55 billion, a P/E ratio of 16.96, a price-to-earnings-growth ratio of 1.88 and a beta of 1.30.

Masco (NYSE:MAS) last issued its quarterly earnings results on Wednesday, July 29th. The construction company reported $1.64 EPS for the quarter, topping the consensus estimate of $1.32 by $0.32. The firm had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $2.08 billion. Masco had a net margin of 11.61% and a return on equity of 2,379.08%. The company’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same period 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 earnings per share for the current fiscal year.

Masco declared that its board has authorized a stock buyback program on Thursday, May 7th that authorizes the company to buyback $300.00 million in outstanding shares. This buyback authorization authorizes the construction company to reacquire up to 2.1% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s leadership believes its shares are undervalued.

Masco Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Monday, August 24th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a $1.28 annualized dividend and a yield of 1.7%. Masco’s dividend payout ratio is 29.43%.

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.