UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Cuts Stock Holdings in Masco Corporation $MAS

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its stake in Masco Corporation (NYSE:MAS) by 0.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,398,962 shares of the construction company’s stock after selling 13,091 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Masco were worth $113,834,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Bard Associates Inc. acquired a new stake in Masco in the 4th quarter valued at about $25,000. Sunbelt Securities Inc. acquired a new position in shares of Masco during the third quarter worth about $26,000. Bell Investment Advisors Inc acquired a new position in shares of Masco during the second quarter worth about $32,000. Headlands Technologies LLC increased its stake in shares of Masco by 114.5% during the second quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock worth $35,000 after buying an additional 293 shares during the period. Finally, CYBER HORNET ETFs LLC acquired a new stake in Masco in the second quarter valued at approximately $37,000. Hedge funds and other institutional investors own 93.91% of the company’s stock.

Masco Stock Performance

NYSE MAS opened at $70.24 on Wednesday. The company has a fifty day moving average of $76.61 and a two-hundred day moving average of $71.02. The company has a market capitalization of $13.85 billion, a PE ratio of 16.15, a P/E/G ratio of 1.83 and a beta of 1.30. Masco Corporation has a 1 year low of $58.16 and a 1 year high of $83.64. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.86 and a quick ratio of 1.22.

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

Masco Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a $1.28 annualized dividend and a yield of 1.8%. Masco’s payout ratio is 29.43%.

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

Analysts Set New Price Targets

MAS has been the subject of a number of recent research reports. Truist Financial decreased their price target on shares of Masco from $90.00 to $85.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Weiss Ratings raised shares of Masco from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. Wells Fargo & Company lifted their price objective on shares of Masco from $85.00 to $87.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. DA Davidson began coverage on shares of Masco in a research note on Monday, August 24th. They set a “neutral” rating and a $80.00 target price for the company. Finally, Barclays dropped their target price on Masco from $82.00 to $79.00 and set an “equal weight” rating on the stock in a report on Thursday, July 30th. Seven research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Masco presently has an average rating of “Hold” and an average price target of $79.88.

Masco Company 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.