United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund boosted its position in Masco Corporation (NYSE:MAS – Free Report) by 115.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 20,500 shares of the construction company’s stock after purchasing an additional 11,000 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Masco were worth $1,443,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of the company. Rossby Financial LCC boosted its stake in shares of Masco by 134.2% in the 3rd quarter. Rossby Financial LCC now owns 370 shares of the construction company’s stock worth $26,000 after buying an additional 212 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in shares of Masco during the second quarter valued at approximately $28,000. Headlands Technologies LLC increased its position in shares of Masco by 114.5% during the second quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock valued at $35,000 after acquiring an additional 293 shares during the last quarter. Caldwell Trust Co bought a new stake in Masco during the second quarter worth $37,000. Finally, CYBER HORNET ETFs LLC purchased a new position in Masco in the second quarter worth $37,000. Institutional investors own 93.91% of the company’s stock.
Insider Buying and Selling at Masco
In other news, CAO Heath M. Eisman sold 747 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $71.92, for a total value of $53,724.24. Following the sale, the chief accounting officer owned 12,510 shares of the company’s stock, valued at $899,719.20. The trade was a 5.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.50% of the stock is owned by insiders.
Analyst Upgrades and Downgrades
Read Our Latest Stock Analysis on MAS
Masco Stock Performance
Shares of MAS opened at $63.66 on Friday. Masco Corporation has a 1 year low of $56.55 and a 1 year high of $79.19. The company has a debt-to-equity ratio of 38.75, a current ratio of 1.81 and a quick ratio of 1.14. The stock’s fifty day moving average price is $69.84 and its two-hundred day moving average price is $68.33. The firm has a market cap of $12.96 billion, a PE ratio of 16.54, a PEG ratio of 1.81 and a beta of 1.27.
Masco (NYSE:MAS – Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The construction company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.04. Masco had a return on equity of 856.70% and a net margin of 10.71%.The company had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter in the prior year, the company earned $0.89 EPS. The firm’s quarterly revenue was down 1.9% compared to the same quarter last year. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. On average, equities research analysts forecast that Masco Corporation will post 4.34 EPS for the current year.
Masco declared that its board has authorized a share repurchase plan on Tuesday, February 10th that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the construction company to purchase up to 13.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its shares are undervalued.
Masco Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 9th. Shareholders of record on Friday, February 20th will be given a dividend of $0.32 per share. This is a boost from Masco’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Friday, February 20th. Masco’s dividend payout ratio (DPR) is 33.25%.
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.
See Also
- Five stocks we like better than Masco
- How JPMorgan’s $8,000 Gold Call Will Leave Most Retirement Accounts Behind
- Silver Is the New Oil—And the World’s Running Dry
- Nvidia CEO Issues Bold Tesla Call
- What central banks are doing with gold right now
- This makes me furious
Receive News & Ratings for Masco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Masco and related companies with MarketBeat.com's FREE daily email newsletter.
