Wealthfront Advisers LLC Cuts Stock Holdings in Masco Corporation $MAS

Wealthfront Advisers LLC trimmed its holdings in shares of Masco Corporation (NYSE:MAS) by 24.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 67,187 shares of the construction company’s stock after selling 21,200 shares during the period. Wealthfront Advisers LLC’s holdings in Masco were worth $4,264,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Rossby Financial LCC boosted its position in Masco by 134.2% during the third quarter. Rossby Financial LCC now owns 370 shares of the construction company’s stock valued at $26,000 after buying an additional 212 shares during the period. Sunbelt Securities Inc. purchased a new stake in Masco during the third quarter valued at about $26,000. Community Bank N.A. purchased a new stake in Masco during the third quarter valued at about $34,000. Headlands Technologies LLC boosted its position in 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 buying an additional 293 shares during the period. Finally, CYBER HORNET ETFs LLC purchased a new stake in Masco during the second quarter valued at about $37,000. 93.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Masco

In related news, CAO Heath M. Eisman sold 747 shares of the stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $71.92, for a total value of $53,724.24. Following the completion of the transaction, the chief accounting officer directly owned 12,510 shares of the company’s stock, valued at $899,719.20. This represents a 5.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.55% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

MAS has been the subject of several analyst reports. Oppenheimer restated an “outperform” rating and set a $88.00 price target on shares of Masco in a research report on Wednesday, February 11th. Barclays upped their price target on shares of Masco from $65.00 to $78.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 22nd. Truist Financial upped their price target on shares of Masco from $85.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Wells Fargo & Company upped their price target on shares of Masco from $70.00 to $82.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. Finally, BMO Capital Markets dropped their target price on shares of Masco from $77.00 to $75.00 and set a “market perform” rating for the company in a report on Monday, April 20th. Seven equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $80.07.

Masco Stock Performance

Masco stock opened at $71.90 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.11 and a debt-to-equity ratio of 109.07. The firm has a 50-day moving average of $65.33 and a 200-day moving average of $66.14. The firm has a market cap of $14.50 billion, a P/E ratio of 17.84, a P/E/G ratio of 1.76 and a beta of 1.29. Masco Corporation has a 1-year low of $58.16 and a 1-year high of $79.19.

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

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

Masco Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Friday, February 20th were issued a dividend of $0.32 per share. This is an increase from Masco’s previous quarterly dividend of $0.31. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Friday, February 20th. Masco’s dividend payout ratio (DPR) is currently 31.76%.

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.