TD Waterhouse Canada Inc. Grows Position in Masco Corporation $MAS

TD Waterhouse Canada Inc. grew its holdings in Masco Corporation (NYSE:MAS) by 72.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 183,135 shares of the construction company’s stock after buying an additional 77,013 shares during the period. TD Waterhouse Canada Inc.’s holdings in Masco were worth $14,957,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bard Associates Inc. purchased a new stake in Masco during the 4th quarter valued at about $25,000. Sunbelt Securities Inc. purchased a new position in Masco in the 3rd quarter worth approximately $26,000. Bell Investment Advisors Inc purchased a new position in Masco in the 2nd quarter worth approximately $32,000. Headlands Technologies LLC boosted its holdings in shares of Masco by 114.5% during the 2nd quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock worth $35,000 after purchasing an additional 293 shares during the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of Masco during the 2nd quarter worth approximately $37,000. 93.91% of the stock is currently owned by institutional investors and hedge funds.

Masco Stock Up 1.8%

Shares of NYSE:MAS opened at $72.74 on Friday. The company has a market capitalization of $14.34 billion, a price-to-earnings ratio of 16.72, a PEG ratio of 1.74 and a beta of 1.30. Masco Corporation has a 12-month low of $58.16 and a 12-month high of $83.64. The business has a 50-day moving average price of $76.17 and a 200 day moving average price of $70.95. 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 (NYSE:MAS) last released its quarterly earnings results on Wednesday, July 29th. The construction company reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.32. Masco had a net margin of 11.61% and a return on equity of 2,379.08%. The business had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $2.08 billion. During the same period in the previous year, the firm earned $1.30 EPS. The business’s revenue was down 2.9% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. Sell-side analysts expect that Masco Corporation will post 4.52 EPS for the current year.

Masco Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Monday, August 24th. Masco’s dividend payout ratio (DPR) is currently 29.43%.

Analyst Upgrades and Downgrades

MAS has been the subject of several recent research reports. DA Davidson assumed coverage on Masco in a report on Monday, August 24th. They issued a “neutral” rating and a $80.00 price target for the company. Evercore lowered Masco from an “outperform” rating to an “in-line” rating and set a $78.00 price objective on the stock. in a research note on Thursday, July 30th. Citigroup dropped their target price on Masco from $79.00 to $77.00 and set a “neutral” rating for the company in a report on Friday, July 31st. Weiss Ratings upgraded Masco from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, June 23rd. Finally, Zacks Research lowered Masco from a “strong-buy” rating to a “hold” rating in a report on Friday, August 14th. Seven equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $79.88.

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.