Vaughan Nelson Investment Management L.P. Has $38.35 Million Position in Masco Corporation $MAS

Vaughan Nelson Investment Management L.P. lifted its holdings in shares of Masco Corporation (NYSE:MAS) by 2.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 635,320 shares of the construction company’s stock after purchasing an additional 14,015 shares during the period. Vaughan Nelson Investment Management L.P.’s holdings in Masco were worth $38,354,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Focus Partners Wealth lifted its position in Masco by 2.6% during the 1st quarter. Focus Partners Wealth now owns 10,414 shares of the construction company’s stock worth $724,000 after buying an additional 265 shares in the last quarter. CW Advisors LLC bought a new position in shares of Masco in the second quarter worth about $238,000. Bank of Nova Scotia raised its stake in shares of Masco by 14.8% in the second quarter. Bank of Nova Scotia now owns 25,555 shares of the construction company’s stock worth $1,645,000 after acquiring an additional 3,294 shares during the last quarter. WINTON GROUP Ltd acquired a new position in shares of Masco during the second quarter worth approximately $415,000. Finally, Daiwa Securities Group Inc. grew its stake in shares of Masco by 4.6% during the second quarter. Daiwa Securities Group Inc. now owns 31,832 shares of the construction company’s stock valued at $2,049,000 after purchasing an additional 1,413 shares during the last quarter. 93.91% of the stock is owned by institutional investors.

Analyst Ratings Changes

MAS has been the subject of a number of research reports. Robert W. Baird raised their price target on shares of Masco from $72.00 to $80.00 and gave the company a “neutral” rating in a report on Thursday, April 23rd. Evercore raised Masco from an “in-line” rating to an “outperform” rating and set a $78.00 price objective on the stock in a report on Monday, April 13th. JPMorgan Chase & Co. lifted their target price on Masco from $74.00 to $78.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Weiss Ratings downgraded Masco from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 29th. Finally, Barclays upped their price target on Masco from $65.00 to $78.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 22nd. Seven analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Masco currently has a consensus rating of “Hold” and a consensus price target of $80.07.

Masco Trading Up 0.3%

Shares of NYSE MAS opened at $74.61 on Monday. Masco Corporation has a fifty-two week low of $58.16 and a fifty-two week high of $79.19. The firm has a market capitalization of $15.05 billion, a P/E ratio of 18.51, a P/E/G ratio of 1.83 and a beta of 1.31. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.75 and a quick ratio of 1.11. The company’s 50 day simple moving average is $69.62 and its 200 day simple moving average is $67.51.

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

Masco Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Friday, May 22nd were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Friday, May 22nd. Masco’s dividend payout ratio is currently 31.76%.

Masco declared that its Board of Directors has initiated a share buyback program on Thursday, May 7th that authorizes the company to buyback $300.00 million in outstanding shares. This buyback authorization authorizes the construction company to buy up to 2.1% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

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.