United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Increases Position in Masco Corporation $MAS

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund boosted its holdings in shares of Masco Corporation (NYSE:MAS) by 713.8% in the 4th quarter, Holdings Channel reports. The fund owned 166,822 shares of the construction company’s stock after acquiring an additional 146,322 shares during the quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Masco were worth $10,587,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Intech Investment Management LLC grew its stake in Masco by 1.9% during the 4th quarter. Intech Investment Management LLC now owns 25,993 shares of the construction company’s stock valued at $1,650,000 after acquiring an additional 480 shares in the last quarter. Allstate Corp increased its position in Masco by 111.6% during the fourth quarter. Allstate Corp now owns 11,783 shares of the construction company’s stock worth $748,000 after purchasing an additional 6,215 shares during the last quarter. Clearstead Advisors LLC increased its position in Masco by 42.0% during the fourth quarter. Clearstead Advisors LLC now owns 1,345 shares of the construction company’s stock worth $85,000 after purchasing an additional 398 shares during the last quarter. Morningstar Investment Management LLC increased its position in Masco by 14.0% during the fourth quarter. Morningstar Investment Management LLC now owns 45,436 shares of the construction company’s stock worth $2,883,000 after purchasing an additional 5,586 shares during the last quarter. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Masco during the fourth quarter worth about $1,411,000. Hedge funds and other institutional investors own 93.91% of the company’s stock.

Masco Stock Performance

Shares of MAS stock opened at $70.69 on Friday. The firm’s 50 day moving average price is $65.83 and its 200-day moving average price is $66.41. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.11 and a current ratio of 1.75. Masco Corporation has a one year low of $58.16 and a one year high of $79.19. The firm has a market cap of $14.26 billion, a P/E ratio of 17.54, a P/E/G ratio of 1.72 and a beta of 1.34.

Masco (NYSE:MAS) last issued its quarterly earnings data on Wednesday, April 22nd. The construction company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.88 by $0.16. Masco had a net margin of 10.90% and a return on equity of 815.20%. The firm had revenue of $1.92 billion for the quarter, compared to analyst estimates of $2.07 billion. During the same period in the prior year, the business posted $0.87 EPS. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, equities research analysts predict that Masco Corporation will post 4.25 EPS for the current year.

Masco declared that its Board of Directors has approved a stock repurchase program on Tuesday, February 10th that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the construction company to repurchase up to 13.5% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Masco Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Stockholders of record on Friday, May 22nd will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Friday, May 22nd. Masco’s dividend payout ratio is currently 31.76%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Wells Fargo & Company raised their price objective on shares of Masco from $70.00 to $82.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Royal Bank Of Canada raised their price objective on shares of Masco from $67.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 23rd. Oppenheimer restated an “outperform” rating and set a $88.00 price objective on shares of Masco in a research report on Wednesday, February 11th. Zelman & Associates cut shares of Masco to a “hold” rating in a research report on Wednesday, February 11th. Finally, Truist Financial raised their price objective on shares of Masco from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. Eight research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Masco has a consensus rating of “Hold” and a consensus price target of $80.07.

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.