United Capital Financial Advisors LLC Takes Position in Masco Corporation $MAS

United Capital Financial Advisors LLC acquired a new stake in shares of Masco Corporation (NYSE:MAS) during the second quarter, Holdings Channel reports. The firm acquired 17,612 shares of the construction company’s stock, valued at approximately $1,433,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MAS. Covestor Ltd raised its stake in shares of Masco by 20.7% in the 4th quarter. Covestor Ltd now owns 829 shares of the construction company’s stock worth $53,000 after buying an additional 142 shares in the last quarter. Ritholtz Wealth Management grew its holdings in Masco by 3.9% during the first quarter. Ritholtz Wealth Management now owns 4,017 shares of the construction company’s stock worth $242,000 after acquiring an additional 150 shares during the period. Andina Capital Management LLC raised its position in Masco by 2.4% in the fourth quarter. Andina Capital Management LLC now owns 6,565 shares of the construction company’s stock worth $417,000 after acquiring an additional 154 shares in the last quarter. Dorsey & Whitney Trust CO LLC lifted its holdings in Masco by 3.5% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 4,945 shares of the construction company’s stock valued at $314,000 after acquiring an additional 167 shares during the last quarter. Finally, Fayez Sarofim & Co lifted its holdings in Masco by 0.7% in the 4th quarter. Fayez Sarofim & Co now owns 26,075 shares of the construction company’s stock valued at $1,655,000 after acquiring an additional 180 shares during the last quarter. 93.91% of the stock is owned by institutional investors.

Masco Stock Up 0.7%

Shares of NYSE:MAS opened at $73.28 on Friday. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.22 and a current ratio of 1.86. The company has a market cap of $14.45 billion, a PE ratio of 16.85, a price-to-earnings-growth ratio of 1.85 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 firm has a 50 day simple moving average of $76.70 and a 200 day simple moving average of $71.11.

Masco (NYSE:MAS) last posted its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.64 earnings per share for the quarter, topping 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 firm 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. The company’s quarterly revenue was down 2.9% compared to the same quarter last year. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, research analysts expect that Masco Corporation will post 4.52 earnings per share for the current year.

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

Masco Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Monday, August 24th. Masco’s payout ratio is presently 29.43%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on MAS. Evercore cut shares of Masco from an “outperform” rating to an “in-line” rating and set a $78.00 price objective on the stock. in a research note on Thursday, July 30th. Deutsche Bank Aktiengesellschaft set a $74.00 target price on shares of Masco in a research note on Monday, August 3rd. DA Davidson initiated coverage on shares of Masco in a research report on Monday, August 24th. They issued a “neutral” rating and a $80.00 price target on the stock. Weiss Ratings raised Masco from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, June 23rd. Finally, Truist Financial cut their price objective on Masco from $90.00 to $85.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Seven investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Masco currently has an average rating of “Hold” and an average target price of $79.88.

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.