Masco Corporation $MAS Shares Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Masco Corporation (NYSE:MAS) by 1.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 563,875 shares of the construction company’s stock after buying an additional 7,508 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.27% of Masco worth $36,353,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of Masco by 4.4% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 25,828 shares of the construction company’s stock worth $1,639,000 after buying an additional 1,099 shares during the period. Truist Financial Corp lifted its stake in shares of Masco by 2.7% during the fourth quarter. Truist Financial Corp now owns 58,925 shares of the construction company’s stock worth $3,739,000 after buying an additional 1,556 shares during the period. Danske Bank A S lifted its stake in shares of Masco by 1.6% during the fourth quarter. Danske Bank A S now owns 50,010 shares of the construction company’s stock worth $3,174,000 after buying an additional 800 shares during the period. Oppenheimer Asset Management Inc. lifted its stake in shares of Masco by 6.1% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 157,237 shares of the construction company’s stock worth $9,978,000 after buying an additional 9,107 shares during the period. Finally, Bogart Wealth LLC lifted its stake in shares of Masco by 2,550.0% during the fourth quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock worth $27,000 after buying an additional 408 shares during the period. 93.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Masco

In other Masco news, CAO Heath M. Eisman sold 747 shares of Masco stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $71.92, for a total value of $53,724.24. Following the completion of the transaction, the chief accounting officer owned 12,510 shares of the company’s stock, valued at approximately $899,719.20. The trade was a 5.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.55% of the stock is owned by corporate insiders.

Masco Trading Down 0.3%

NYSE MAS opened at $71.73 on Friday. The company has a market capitalization of $14.47 billion, a PE ratio of 17.80, a P/E/G ratio of 1.77 and a beta of 1.34. The company has a fifty day moving average of $65.16 and a 200 day moving average of $66.20. 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.

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

Masco declared that its board has authorized a share repurchase plan on Tuesday, February 10th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the construction company to buy up to 13.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

Masco Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Friday, February 20th were given a dividend of $0.32 per share. This is a boost from Masco’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Friday, February 20th. Masco’s payout ratio is presently 31.76%.

Wall Street Analysts Forecast Growth

MAS has been the subject of several research reports. Evercore upgraded shares of Masco from an “in-line” rating to an “outperform” rating and set a $78.00 price objective for the company in a research note on Monday, April 13th. Wells Fargo & Company lifted their price objective on shares of Masco from $70.00 to $82.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. The Goldman Sachs Group lifted their price objective on shares of Masco from $79.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Bank of America lowered their price objective on shares of Masco from $69.00 to $61.00 and set an “underperform” rating for the company in a research note on Monday, April 20th. Finally, BMO Capital Markets decreased their target price on shares of Masco from $77.00 to $75.00 and set a “market perform” rating for the company in a research report on Monday, April 20th. Seven equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $80.07.

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.