NewEdge Wealth LLC Purchases New Holdings in Masco Corporation $MAS

NewEdge Wealth LLC purchased a new stake in Masco Corporation (NYSE:MAS) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 6,814 shares of the construction company’s stock, valued at approximately $554,000.

Several other institutional investors also recently modified their holdings of the company. Palmer Knight Co acquired a new position in shares of Masco in the second quarter valued at $8,017,000. Great Lakes Advisors LLC bought a new stake in Masco in the 2nd quarter valued at $322,000. Danske Bank A S bought a new stake in Masco in the 2nd quarter valued at $3,785,000. Diversify Advisory Services LLC acquired a new position in shares of Masco in the 2nd quarter valued at $298,000. Finally, Oxbow Advisors LLC acquired a new position in shares of Masco in the 2nd quarter valued at $6,974,000. Institutional investors and hedge funds own 93.91% of the company’s stock.

Masco Trading Up 0.1%

MAS stock opened at $73.39 on Friday. The business has a fifty day moving average price of $76.80 and a 200 day moving average price of $71.00. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.86 and a quick ratio of 1.22. Masco Corporation has a fifty-two week low of $58.16 and a fifty-two week high of $83.64. The stock has a market capitalization of $14.47 billion, a price-to-earnings ratio of 16.87, a P/E/G ratio of 1.86 and a beta of 1.30.

Masco (NYSE:MAS) last posted its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.64 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.32. The company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $2.08 billion. Masco had a return on equity of 2,379.08% and a net margin of 11.61%.The business’s revenue was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.30 earnings per share. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. Analysts expect that Masco Corporation will post 4.52 EPS for the current fiscal year.

Masco Dividend Announcement

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

Masco announced that its board has authorized a stock repurchase plan on Thursday, May 7th that authorizes the company to repurchase $300.00 million in shares. This repurchase authorization authorizes the construction company to reacquire up to 2.1% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on MAS shares. Evercore downgraded shares of Masco from an “outperform” rating to an “in-line” rating and set a $78.00 price objective for the company. in a report on Thursday, July 30th. Barclays dropped their price target on shares of Masco from $82.00 to $79.00 and set an “equal weight” rating for the company in a research report on Thursday, July 30th. UBS Group cut their price target on shares of Masco from $97.00 to $94.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Zacks Research downgraded Masco from a “strong-buy” rating to a “hold” rating in a report on Friday, August 14th. Finally, Citigroup lowered their price objective on Masco from $79.00 to $77.00 and set a “neutral” rating on the stock in a research note on Friday, July 31st. Seven research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $79.87.

Trending Headlines about Masco

Here are the key news stories impacting Masco this week:

• Positive Sentiment: Zacks raised its FY2026 EPS forecast to $4.49 from $4.27, a meaningful improvement, and increased its FY2027 forecast slightly to $4.71 from $4.69.
• Positive Sentiment: Quarterly estimates also improved for Q1 2027, to $1.12 from $1.10; Q2 2027, to $1.42 from $1.35; and Q1 2028, to $1.28 from $1.22. These increases indicate some expectations for stronger earnings in portions of the forward period.
• Neutral Sentiment: The current-year analyst consensus remains $4.52 per share, close to Zacks’ revised FY2026 estimate. Zacks also projects FY2028 EPS of $5.17, although that forecast was reduced from $5.25.
• Negative Sentiment: Zacks cut estimates for several periods: Q3 2026 EPS to $0.99 from $1.04, Q4 2026 to $0.82 from $0.91, Q3 2027 to $1.13 from $1.18, Q4 2027 to $1.03 from $1.07, and Q2 2028 to $1.39 from $1.43.
• Negative Sentiment: The broad reduction to the FY2028 outlook suggests analysts see some pressure on Masco’s longer-term earnings growth. Combined with the lower near-term quarterly forecasts, the revisions are likely a modest headwind for MAS, even though select annual and quarterly estimates were raised.

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.