SG Americas Securities LLC Has $9.41 Million Holdings in Masco Corporation $MAS

SG Americas Securities LLC cut its holdings in Masco Corporation (NYSE:MAS) by 71.8% during the first quarter, Holdings Channel.com reports. The firm owned 155,823 shares of the construction company’s stock after selling 395,789 shares during the quarter. SG Americas Securities LLC’s holdings in Masco were worth $9,407,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Sunbelt Securities Inc. bought a new position in Masco in the third quarter valued at $26,000. Bard Associates Inc. bought a new stake in Masco during the 4th quarter worth about $25,000. Bogart Wealth LLC lifted its position in Masco by 2,550.0% during the 4th quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock worth $27,000 after buying an additional 408 shares in the last quarter. Community Bank N.A. acquired a new position in shares of Masco during the 3rd quarter worth about $34,000. Finally, Headlands Technologies LLC boosted its stake in shares of Masco by 114.5% during the 2nd quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock worth $35,000 after buying an additional 293 shares during the last quarter. Institutional investors and hedge funds own 93.91% of the company’s stock.

Masco Stock Performance

Shares of MAS opened at $79.88 on Friday. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.75 and a quick ratio of 1.11. The firm has a 50-day moving average of $70.93 and a 200-day moving average of $67.93. The company has a market cap of $16.11 billion, a PE ratio of 19.82, a price-to-earnings-growth ratio of 1.97 and a beta of 1.31. Masco Corporation has a one year low of $58.16 and a one year high of $80.80.

Masco (NYSE:MAS) last posted its quarterly earnings results on Wednesday, April 22nd. The construction company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.16. The business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $2.07 billion. Masco had a return on equity of 815.20% and a net margin of 10.90%.Masco’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter last year, the company posted $0.87 earnings per share. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, equities analysts forecast that Masco Corporation will post 4.25 earnings per share for the current year.

Masco Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Friday, May 22nd were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.6%. Masco’s payout ratio is presently 31.76%.

Masco declared that its board has authorized a stock buyback plan on Thursday, May 7th that authorizes the company to repurchase $300.00 million in outstanding shares. This repurchase authorization authorizes the construction company to repurchase up to 2.1% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

A number of analysts recently issued reports on MAS shares. Weiss Ratings raised Masco from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday. Royal Bank Of Canada increased their price target on Masco from $67.00 to $72.00 and gave the company a “sector perform” rating in a research report on Thursday, April 23rd. Truist Financial raised their price target on Masco from $85.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. Bank of America lowered their price target on Masco from $69.00 to $61.00 and set an “underperform” rating on the stock in a research report on Monday, April 20th. Finally, The Goldman Sachs Group upped their price objective on Masco from $79.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Eight analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $80.07.

Masco 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.