Vinva Investment Management Ltd Purchases Shares of 354,958 Masco Corporation $MAS

Vinva Investment Management Ltd purchased a new position in Masco Corporation (NYSE:MAS) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 354,958 shares of the construction company’s stock, valued at approximately $24,861,000. Vinva Investment Management Ltd owned about 0.17% of Masco as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of MAS. Mediolanum International Funds Ltd purchased a new stake in shares of Masco during the third quarter worth about $16,398,000. World Investment Advisors increased its holdings in Masco by 819.8% during the 3rd quarter. World Investment Advisors now owns 54,745 shares of the construction company’s stock valued at $3,853,000 after purchasing an additional 48,793 shares during the period. FORA Capital LLC raised its position in Masco by 203.9% during the 2nd quarter. FORA Capital LLC now owns 35,603 shares of the construction company’s stock valued at $2,291,000 after purchasing an additional 23,887 shares during the last quarter. CWA Asset Management Group LLC raised its position in Masco by 33.4% during the 3rd quarter. CWA Asset Management Group LLC now owns 62,922 shares of the construction company’s stock valued at $4,429,000 after purchasing an additional 15,770 shares during the last quarter. Finally, Voya Financial Advisors Inc. purchased a new stake in Masco in the 3rd quarter worth approximately $1,245,000. 93.91% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on MAS. BMO Capital Markets reissued a “market perform” rating and set a $77.00 target price on shares of Masco in a research note on Thursday, February 12th. Zelman & Associates downgraded Masco to a “hold” rating in a report on Wednesday, February 11th. Weiss Ratings raised Masco from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. Barclays reiterated an “equal weight” rating and issued a $71.00 price target (down from $76.00) on shares of Masco in a report on Monday, December 8th. Finally, Oppenheimer restated an “outperform” rating and issued a $88.00 price objective on shares of Masco in a report on Wednesday, February 11th. Seven research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $76.94.

Insider Activity at Masco

In related news, CAO Heath M. Eisman sold 747 shares of the firm’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 transaction of $53,724.24. Following the completion of the sale, the chief accounting officer owned 12,510 shares of the company’s stock, valued at $899,719.20. This trade represents a 5.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.50% of the stock is currently owned by insiders.

Masco Price Performance

Shares of NYSE:MAS opened at $63.66 on Friday. The business has a fifty day moving average price of $69.84 and a 200-day moving average price of $68.33. 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 company has a market capitalization of $12.96 billion, a PE ratio of 16.54, a PEG ratio of 1.81 and a beta of 1.27. Masco Corporation has a 1-year low of $56.55 and a 1-year high of $79.19.

Masco (NYSE:MAS) last announced its quarterly earnings results on Tuesday, February 10th. The construction company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.04. Masco had a net margin of 10.71% and a return on equity of 856.70%. The company had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter in the previous year, the business posted $0.89 EPS. Masco’s 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. As a group, equities analysts expect that Masco Corporation will post 4.34 EPS for the current fiscal year.

Masco Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 9th. Stockholders of record on Friday, February 20th will be paid a $0.32 dividend. This is a boost from Masco’s previous quarterly dividend of $0.31. This represents a $1.28 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, February 20th. Masco’s payout ratio is currently 33.25%.

Masco announced that its board has approved a share buyback program on Tuesday, February 10th that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the construction company to buy up to 13.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

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.