Masco (NYSE:MAS) Price Target Raised to $90.00

Masco (NYSE:MAS) had its target price upped by Truist Financial from $85.00 to $90.00 in a report issued on Thursday morning,Benzinga reports. Truist Financial currently has a buy rating on the construction company’s stock.

Several other equities research analysts have also recently weighed in on MAS. Deutsche Bank Aktiengesellschaft set a $74.00 price target on shares of Masco in a research report on Monday, August 3rd. Wells Fargo & Company raised their target price on Masco from $82.00 to $85.00 and gave the stock an “overweight” rating in a research note on Thursday. The Goldman Sachs Group reaffirmed a “buy” rating and set a $95.00 price target on shares of Masco in a research report on Wednesday. Melius Research initiated coverage on Masco in a report on Tuesday, October 6th. They issued a “hold” rating and a $75.00 price objective for the company. Finally, Robert W. Baird lifted their price objective on Masco from $80.00 to $82.00 and gave the stock a “neutral” rating in a research report on Thursday. Seven 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. According to data from MarketBeat.com, Masco has a consensus rating of “Hold” and a consensus price target of $80.94.

Masco Price Performance

MAS opened at $80.71 on Thursday. The stock’s 50 day simple moving average is $71.26 and its 200 day simple moving average is $70.88. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.83 and a quick ratio of 1.22. Masco has a 1 year low of $58.16 and a 1 year high of $83.64. The firm has a market cap of $15.56 billion, a price-to-earnings ratio of 17.47, a PEG ratio of 1.90 and a beta of 1.30.

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 the consensus estimate of $1.02 by $0.17. Masco had a negative return on equity of 1,807.69% and a net margin of 12.07%. The firm had revenue of $1.97 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter in the previous year, the company posted $0.97 earnings per share. The business’s revenue was up 2.6% on a year-over-year basis. As a group, analysts predict that Masco will post 4.72 earnings per share for the current year.

Masco Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 23rd. Stockholders of record on Friday, November 6th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, November 6th. Masco’s payout ratio is 27.71%.

Institutional Trading of Masco

Hedge funds and other institutional investors have recently modified their holdings of the business. Chicago Partners Investment Group LLC boosted its stake in Masco by 11.4% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 19,790 shares of the construction company’s stock valued at $1,504,000 after purchasing an additional 2,024 shares during the last quarter. 3Chopt Investment Partners LLC bought a new stake in shares of Masco in the 3rd quarter worth $204,000. Rakuten Investment Management Inc. increased its holdings in shares of Masco by 6.5% in the 3rd quarter. Rakuten Investment Management Inc. now owns 36,125 shares of the construction company’s stock worth $2,470,000 after purchasing an additional 2,202 shares in the last quarter. Provenance Wealth Advisors LLC purchased a new position in shares of Masco in the third quarter worth $56,000. Finally, Aware Super Pty Ltd as trustee of Aware Super raised its stake in shares of Masco by 13.6% in the third quarter. Aware Super Pty Ltd as trustee of Aware Super now owns 490,325 shares of the construction company’s stock worth $33,048,000 after purchasing an additional 58,560 shares during the last quarter. 93.91% of the stock is owned by hedge funds and other institutional investors.

More Masco News

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.