denkapparat Operations GmbH Invests $722,000 in Masco Corporation $MAS

denkapparat Operations GmbH bought a new position in Masco Corporation (NYSE:MAS) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,874 shares of the construction company’s stock, valued at approximately $722,000.

A number of other hedge funds also recently bought and sold shares of the business. TD Waterhouse Canada Inc. raised its position in Masco by 72.6% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 183,135 shares of the construction company’s stock valued at $14,957,000 after purchasing an additional 77,013 shares during the last quarter. Concurrent Investment Advisors LLC grew its position in shares of Masco by 16.6% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 14,506 shares of the construction company’s stock worth $1,180,000 after buying an additional 2,060 shares during the last quarter. NEOS Investment Management LLC increased its stake in shares of Masco by 6.2% during the second quarter. NEOS Investment Management LLC now owns 32,769 shares of the construction company’s stock valued at $2,666,000 after buying an additional 1,900 shares during the period. AXQ Capital LP purchased a new position in shares of Masco during the second quarter valued at approximately $2,253,000. Finally, iSAM Funds UK Ltd bought a new position in shares of Masco during the second quarter valued at approximately $749,000. Hedge funds and other institutional investors own 93.91% of the company’s stock.

Masco Stock Performance

Shares of Masco stock opened at $71.39 on Friday. Masco Corporation has a 12 month low of $58.16 and a 12 month high of $83.64. The firm has a market capitalization of $14.08 billion, a P/E ratio of 16.41, a P/E/G ratio of 1.73 and a beta of 1.30. The company has a current ratio of 1.86, a quick ratio of 1.22 and a debt-to-equity ratio of 109.07. The business has a fifty day simple moving average of $76.31 and a two-hundred day simple moving average of $70.94.

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. Masco had a net margin of 11.61% and a return on equity of 2,379.08%. The firm had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $2.08 billion. During the same period in the prior year, the firm earned $1.30 EPS. The company’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. On average, equities analysts forecast that Masco Corporation will post 4.52 earnings per share for the current fiscal year.

Masco Dividend Announcement

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

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

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Wells Fargo & Company lifted their price target on shares of Masco from $85.00 to $87.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. DA Davidson began coverage on shares of Masco in a report on Monday, August 24th. They issued a “neutral” rating and a $80.00 price objective for the company. Barclays dropped their target price on shares of Masco from $82.00 to $79.00 and set an “equal weight” rating for the company in a research report on Thursday, July 30th. Zacks Research lowered shares of Masco from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 14th. Finally, Deutsche Bank Aktiengesellschaft set a $74.00 price target on shares of Masco in a research report on Monday, August 3rd. Seven analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Masco currently has an average rating of “Hold” and a consensus 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.