Signal Advisors Wealth LLC Purchases 8,186 Shares of Masco Corporation $MAS

Signal Advisors Wealth LLC purchased a new stake in shares of Masco Corporation (NYSE:MAS) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 8,186 shares of the construction company’s stock, valued at approximately $552,000.

Several other institutional investors have also recently bought and sold shares of MAS. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Masco in the 3rd quarter worth about $220,000. RHS Financial LLC bought a new stake in Masco during the 3rd quarter worth approximately $259,000. NorthCrest Asset Manangement LLC increased its holdings in Masco by 32.7% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 14,314 shares of the construction company’s stock worth $995,000 after purchasing an additional 3,525 shares in the last quarter. Wedmont Private Capital raised its stake in shares of Masco by 36.5% in the third quarter. Wedmont Private Capital now owns 8,378 shares of the construction company’s stock worth $582,000 after purchasing an additional 2,240 shares during the last quarter. Finally, Diversified Management Inc. purchased a new stake in shares of Masco in the third quarter worth approximately $1,811,000. Institutional investors and hedge funds own 93.91% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on MAS. Zacks Research cut Masco from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 14th. Evercore lowered Masco from an “outperform” rating to an “in-line” rating and set a $78.00 price target for the company. in a research report on Thursday, July 30th. Wells Fargo & Company dropped their price objective on Masco from $87.00 to $82.00 and set an “overweight” rating on the stock in a research note on Friday, September 11th. Barclays cut their price objective on shares of Masco from $82.00 to $79.00 and set an “equal weight” rating on the stock in a report on Thursday, July 30th. Finally, Weiss Ratings lowered shares of Masco from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 2nd. Six research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Masco currently has a consensus rating of “Hold” and an average price target of $79.12.

Masco Stock Performance

Shares of MAS traded up $0.27 on Friday, reaching $72.85. 2,207,441 shares of the company’s stock traded hands, compared to its average volume of 2,272,818. The stock’s 50 day simple moving average is $70.83 and its two-hundred day simple moving average is $71.52. The stock has a market cap of $14.36 billion, a PE ratio of 16.75, a PEG ratio of 1.83 and a beta of 1.30. Masco Corporation has a 52-week low of $58.16 and a 52-week high of $83.64. The company has a current ratio of 1.86, a quick ratio of 1.22 and a debt-to-equity ratio of 109.07.

Masco (NYSE:MAS) last announced its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.64 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $2.08 billion. During the same quarter in the prior year, the company earned $1.30 EPS. The business’s revenue for the quarter was down 2.9% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. On average, 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. Stockholders of record on Monday, August 24th were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Monday, August 24th. Masco’s payout ratio is presently 29.43%.

Masco Company Profile

Masco Corporation is a manufacturer of branded home-improvement and building products. The company operates primarily through two product areas: plumbing products and decorative architectural products, serving residential, commercial and professional customers involved in new construction, remodeling and repair.

Masco’s plumbing portfolio includes faucets, showering products, sinks, spas and related fixtures marketed under brands such as Delta Faucet, Brizo, Peerless, Hansgrohe and HotSpring.