Masco (NYSE:MAS) Price Target Raised to $98.00

Masco (NYSE:MAS) had its target price increased by UBS Group from $94.00 to $98.00 in a research note released on Thursday morning,Benzinga reports. They currently have a buy rating on the construction company’s stock.

Several other research firms also recently commented on MAS. Barclays lifted their price target on shares of Masco from $79.00 to $82.00 and gave the stock an “equal weight” rating in a research note on Thursday. DA Davidson set a $82.00 price objective on shares of Masco in a research note on Thursday. Citigroup cut their price objective on shares of Masco from $79.00 to $77.00 and set a “neutral” rating for the company in a research note on Friday, July 31st. Wells Fargo & Company increased their target price on shares of Masco from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Robert W. Baird lifted their target price on shares of Masco from $80.00 to $82.00 and gave the stock a “neutral” rating in a research report on Thursday. 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 currently has a consensus rating of “Hold” and a consensus price target of $80.94.

Masco Price Performance

Shares of Masco stock opened at $80.71 on Thursday. The company has a current ratio of 1.83, a quick ratio of 1.22 and a debt-to-equity ratio of 109.07. The firm has a market capitalization of $15.56 billion, a PE ratio of 17.47, a price-to-earnings-growth ratio of 1.90 and a beta of 1.30. The business’s 50-day moving average price is $71.26 and its 200-day moving average price is $70.88. Masco has a 12 month low of $58.16 and a 12 month high of $83.64.

Masco (NYSE:MAS) last announced its quarterly earnings data on Wednesday, October 28th. The construction company reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.02 by $0.17. The company had revenue of $1.97 billion for the quarter, compared to analysts’ expectations of $1.93 billion. Masco had a negative return on equity of 1,807.69% and a net margin of 12.07%. Masco’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period last year, the firm posted $0.97 EPS. Sell-side analysts forecast that Masco will post 4.72 EPS for the current fiscal year.

Masco Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 23rd. Investors of record on Friday, November 6th will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.6%. The ex-dividend date is Friday, November 6th. Masco’s dividend payout ratio (DPR) is presently 27.71%.

Hedge Funds Weigh In On Masco

A number of large investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in shares of Masco in the 2nd quarter valued at approximately $1,278,943,000. Bank of America Corp DE bought a new stake in shares of Masco during the second quarter valued at approximately $178,424,000. Bank of New York Mellon Corp bought a new stake in shares of Masco during the second quarter valued at approximately $156,668,000. Deutsche Bank AG purchased a new stake in Masco in the second quarter worth $149,673,000. Finally, Amundi grew its stake in Masco by 17.5% in the first quarter. Amundi now owns 2,152,818 shares of the construction company’s stock worth $129,977,000 after purchasing an additional 320,230 shares during the period. 93.91% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Masco

Here are the key news stories impacting Masco this week:

• Positive Sentiment: Masco reported third-quarter earnings of $1.19 per share, exceeding the $1.02 consensus estimate, while revenue of $1.97 billion also topped expectations. Earnings increased from $0.97 per share a year earlier, helping drive the stock’s gap higher. Masco Shares Gap Up After Better-Than-Expected Earnings
• Positive Sentiment: Management provided fourth-quarter 2026 earnings guidance, giving investors additional visibility into the company’s outlook. Masco Provides Fourth-Quarter Earnings Guidance
• Positive Sentiment: UBS raised its price target to $98 from $94 and maintained a Buy rating. Truist also raised its target to $90 from $85 and upgraded its stance to Buy, adding to bullish analyst sentiment.
• Positive Sentiment: One valuation analysis estimates that Masco may be approximately 18% undervalued based on its third-quarter results, suggesting potential upside if earnings remain durable. Masco May Be 18% Undervalued on Third-Quarter Results

Masco Company Profile

Masco Corporation (NYSE: MAS) is a manufacturer of branded home improvement and building products. The company’s portfolio includes faucets, showering and bathing products, architectural coatings, decorative hardware and related products sold to residential and commercial customers.

Masco operates through two principal areas: Plumbing Products and Decorative Architectural Products. Its brands include Delta Faucet, Brizo, Hansgrohe, Behr Paint and Kichler Lighting, among others. These products are distributed through home improvement retailers, specialty dealers, distributors and other channels.

Founded in 1929 by Alex Manoogian, Masco is headquartered in Livonia, Michigan, and serves customers primarily in North America and Europe, with products sold in additional international markets.