GAMMA Investing LLC Has $2.31 Million Stock Position in Masco Corporation $MAS

GAMMA Investing LLC increased its stake in Masco Corporation (NYSE:MAS) by 34.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,418 shares of the construction company’s stock after purchasing an additional 7,283 shares during the quarter. GAMMA Investing LLC’s holdings in Masco were worth $2,312,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sunbelt Securities Inc. acquired a new position in shares of Masco in the third quarter worth about $26,000. Bard Associates Inc. acquired a new stake in shares of Masco during the fourth quarter valued at approximately $25,000. Bogart Wealth LLC lifted its position in shares of Masco by 2,550.0% in the 4th quarter. Bogart Wealth LLC now owns 424 shares of the construction company’s stock valued at $27,000 after acquiring an additional 408 shares in the last quarter. Headlands Technologies LLC boosted its stake in Masco by 114.5% in the 2nd quarter. Headlands Technologies LLC now owns 549 shares of the construction company’s stock worth $35,000 after purchasing an additional 293 shares during the period. Finally, CYBER HORNET ETFs LLC acquired a new position in Masco in the 2nd quarter worth approximately $37,000. Institutional investors and hedge funds own 93.91% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on MAS shares. UBS Group cut their target price on shares of Masco from $97.00 to $94.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Zacks Research raised Masco from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. 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 report on Monday, April 20th. BMO Capital Markets dropped their price target on Masco from $77.00 to $75.00 and set a “market perform” rating on the stock in a research report on Monday, April 20th. Finally, Robert W. Baird raised their price objective on Masco from $72.00 to $80.00 and gave the stock a “neutral” rating in a research report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $79.87.

Masco Stock Up 0.3%

MAS stock opened at $77.35 on Thursday. The company has a 50 day moving average of $75.83 and a two-hundred day moving average of $70.49. The company has a market cap of $15.25 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 1.95 and a beta of 1.30. Masco Corporation has a 12-month low of $58.16 and a 12-month high of $83.64. The company has a quick ratio of 1.22, a current ratio of 1.86 and a debt-to-equity ratio of 109.07.

Masco (NYSE:MAS) last posted its quarterly earnings results on Wednesday, July 29th. The construction company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.32 by $0.32. Masco had a net margin of 11.61% and a return on equity of 2,379.08%. The business had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $2.08 billion. During the same period in the previous year, the company posted $1.30 EPS. Masco’s revenue 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, equities analysts anticipate that Masco Corporation will post 4.53 earnings per share for the current fiscal year.

Masco Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Friday, May 22nd were paid 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 1.7%. Masco’s dividend payout ratio (DPR) is 29.43%.

Masco announced that its Board of Directors has approved a stock buyback plan on Thursday, May 7th that permits the company to repurchase $300.00 million in shares. This repurchase authorization permits the construction company to buy up to 2.1% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

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.