Masco Corporation $MAS Stock Position Reduced by Yacktman Asset Management LP

Yacktman Asset Management LP lessened its position in shares of Masco Corporation (NYSE:MAS) by 7.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 233,847 shares of the construction company’s stock after selling 19,148 shares during the period. Yacktman Asset Management LP’s holdings in Masco were worth $14,840,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of MAS. Rossby Financial LCC lifted its holdings in Masco by 134.2% during the 3rd quarter. Rossby Financial LCC now owns 370 shares of the construction company’s stock worth $26,000 after buying an additional 212 shares during the last quarter. Sunbelt Securities Inc. bought a new position in Masco during the 3rd quarter worth approximately $26,000. Bogart Wealth LLC lifted its holdings 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 during the last quarter. Community Bank N.A. bought a new position in Masco during the 3rd quarter worth approximately $34,000. Finally, Headlands Technologies LLC lifted its holdings in 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 own 93.91% of the company’s stock.

Insider Activity

In other news, CAO Heath M. Eisman sold 747 shares of Masco stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $71.92, for a total transaction of $53,724.24. Following the transaction, the chief accounting officer directly owned 12,510 shares in the company, valued at approximately $899,719.20. This trade represents a 5.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.55% of the company’s stock.

Wall Street Analyst Weigh In

MAS has been the topic of a number of research analyst reports. Royal Bank Of Canada increased their target price on Masco from $67.00 to $72.00 and gave the stock a “sector perform” rating in a report on Thursday, April 23rd. JPMorgan Chase & Co. increased their target price on Masco from $74.00 to $78.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. The Goldman Sachs Group increased their target price on Masco from $79.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Truist Financial increased their target price on Masco from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Finally, Wells Fargo & Company increased their target price on Masco from $70.00 to $82.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. Seven equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $80.07.

Masco Stock Down 0.3%

MAS opened at $71.73 on Friday. Masco Corporation has a 12 month low of $58.16 and a 12 month high of $79.19. 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 stock has a market cap of $14.47 billion, a P/E ratio of 17.80, a P/E/G ratio of 1.77 and a beta of 1.34. The stock’s 50 day moving average price is $65.16 and its 200 day moving average price is $66.20.

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

Masco declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, February 10th that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the construction company to purchase up to 13.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board believes its shares are undervalued.

Masco Increases Dividend

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

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.