12,755 Shares in Masco Corporation $MAS Purchased by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC purchased a new stake in shares of Masco Corporation (NYSE:MAS) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,755 shares of the construction company’s stock, valued at approximately $1,038,000.

Several other large investors have also recently added to or reduced their stakes in the company. Covestor Ltd increased its position in shares of Masco by 20.7% during the fourth quarter. Covestor Ltd now owns 829 shares of the construction company’s stock valued at $53,000 after purchasing an additional 142 shares during the period. Ritholtz Wealth Management raised its stake in shares of Masco by 3.9% in the first quarter. Ritholtz Wealth Management now owns 4,017 shares of the construction company’s stock valued at $242,000 after purchasing an additional 150 shares in the last quarter. Andina Capital Management LLC lifted its position in Masco by 2.4% in the fourth quarter. Andina Capital Management LLC now owns 6,565 shares of the construction company’s stock worth $417,000 after purchasing an additional 154 shares during the period. Dorsey & Whitney Trust CO LLC lifted its position in Masco by 3.5% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 4,945 shares of the construction company’s stock worth $314,000 after purchasing an additional 167 shares during the period. Finally, Fayez Sarofim & Co boosted its stake in Masco by 0.7% during the fourth quarter. Fayez Sarofim & Co now owns 26,075 shares of the construction company’s stock worth $1,655,000 after buying an additional 180 shares in the last quarter. Institutional investors and hedge funds own 93.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on MAS shares. JPMorgan Chase & Co. increased their price objective on shares of Masco from $74.00 to $78.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Evercore lowered shares of Masco from an “outperform” rating to an “in-line” rating and set a $78.00 target price on the stock. in a research report on Thursday, July 30th. Wells Fargo & Company upped their target price on shares of Masco from $85.00 to $87.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Truist Financial dropped their price target on shares of Masco from $90.00 to $85.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Finally, Bank of America cut their price target 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. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $79.87.

Masco Price Performance

MAS opened at $73.79 on Tuesday. The stock has a market capitalization of $14.55 billion, a P/E ratio of 16.96, a price-to-earnings-growth ratio of 1.88 and a beta of 1.30. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.86 and a quick ratio of 1.22. The company’s 50 day simple moving average is $76.72 and its 200-day simple moving average is $70.82. Masco Corporation has a one year low of $58.16 and a one year high of $83.64.

Masco (NYSE:MAS) last released its earnings results on Wednesday, July 29th. The construction company reported $1.64 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.32. The company had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $2.08 billion. Masco had a return on equity of 2,379.08% and a net margin of 11.61%.The firm’s quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.30 earnings per share. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. Sell-side analysts anticipate that Masco Corporation will post 4.52 earnings per share for the current fiscal year.

Masco Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Monday, August 24th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Monday, August 24th. Masco’s payout ratio is currently 29.43%.

Masco announced that its Board of Directors has approved a share repurchase plan on Thursday, May 7th that authorizes the company to repurchase $300.00 million in shares. This repurchase authorization authorizes the construction company to purchase up to 2.1% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its stock is 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.