Sequoia Financial Advisors LLC Acquires 11,157 Shares of Masco Corporation $MAS

Sequoia Financial Advisors LLC raised its holdings in shares of Masco Corporation (NYSE:MAS) by 15.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 84,872 shares of the construction company’s stock after acquiring an additional 11,157 shares during the period. Sequoia Financial Advisors LLC’s holdings in Masco were worth $5,386,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in MAS. Focus Partners Wealth grew its holdings in shares of Masco by 2.6% in the 1st quarter. Focus Partners Wealth now owns 10,414 shares of the construction company’s stock valued at $724,000 after buying an additional 265 shares during the period. CW Advisors LLC acquired a new position in shares of Masco in the 2nd quarter valued at $238,000. Bank of Nova Scotia grew its holdings in shares of Masco by 14.8% in the 2nd quarter. Bank of Nova Scotia now owns 25,555 shares of the construction company’s stock valued at $1,645,000 after buying an additional 3,294 shares during the period. WINTON GROUP Ltd acquired a new position in shares of Masco in the 2nd quarter valued at $415,000. Finally, Daiwa Securities Group Inc. grew its holdings in shares of Masco by 4.6% in the 2nd quarter. Daiwa Securities Group Inc. now owns 31,832 shares of the construction company’s stock valued at $2,049,000 after buying an additional 1,413 shares during the period. Institutional investors and hedge funds own 93.91% of the company’s stock.

Insider Buying and Selling

In other Masco news, CAO Heath M. Eisman sold 747 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $71.92, for a total transaction of $53,724.24. Following the sale, the chief accounting officer directly owned 12,510 shares of the company’s stock, valued at $899,719.20. The trade was a 5.63% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 0.55% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Robert W. Baird boosted 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. Barclays boosted their price objective on shares of Masco from $65.00 to $78.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 22nd. BMO Capital Markets cut their price objective on shares of Masco from $77.00 to $75.00 and set a “market perform” rating on the stock in a research report on Monday, April 20th. The Goldman Sachs Group boosted their price objective on shares of Masco from $79.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $88.00 price objective on shares of Masco in a research report on Wednesday, February 11th. Seven investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $80.07.

Masco Trading Down 0.3%

Shares of NYSE:MAS opened at $71.73 on Friday. The company’s 50-day moving average price is $65.16 and its two-hundred day moving average price is $66.20. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.75 and a quick ratio of 1.11. Masco Corporation has a one year low of $58.16 and a one year high of $79.19. The stock has a market capitalization of $14.47 billion, a PE ratio of 17.80, a price-to-earnings-growth ratio of 1.77 and a beta of 1.34.

Masco (NYSE:MAS) last issued its quarterly earnings results 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 analysts’ expectations of $2.07 billion. During the same period in the previous year, the firm posted $0.87 EPS. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. On average, equities analysts forecast that Masco Corporation will post 4.25 EPS for the current fiscal year.

Masco declared that its Board of Directors has approved a share repurchase plan on Tuesday, February 10th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the construction company to buy up to 13.5% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Masco Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Friday, February 20th were given a dividend of $0.32 per share. This is a boost from Masco’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Friday, February 20th. This represents a $1.28 annualized dividend and a yield of 1.8%. Masco’s payout ratio is presently 31.76%.

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.