Masco Corporation $MAS Shares Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd raised its position in Masco Corporation (NYSE:MAS) by 40.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 376,678 shares of the construction company’s stock after purchasing an additional 108,788 shares during the quarter. Masco accounts for approximately 1.0% of WINTON GROUP Ltd’s portfolio, making the stock its 9th largest position. WINTON GROUP Ltd’s holdings in Masco were worth $30,650,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. California State Teachers Retirement System raised its holdings in shares of Masco by 6,291.8% in the 2nd quarter. California State Teachers Retirement System now owns 28,615,795 shares of the construction company’s stock valued at $2,328,467,000 after buying an additional 28,168,099 shares during the period. BlackRock Inc. acquired a new position in shares of Masco in the second quarter valued at approximately $1,278,943,000. Norges Bank purchased a new stake in Masco during the 4th quarter worth approximately $194,818,000. Wellington Management Group LLP purchased a new stake in Masco during the 3rd quarter worth approximately $192,948,000. Finally, Bank of America Corp DE acquired a new stake in Masco during the 2nd quarter worth approximately $178,424,000. 93.91% of the stock is owned by institutional investors and hedge funds.

Masco Stock Down 2.1%

Masco stock opened at $69.47 on Thursday. The company has a market capitalization of $13.70 billion, a P/E ratio of 15.97, a PEG ratio of 1.73 and a beta of 1.30. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.22 and a current ratio of 1.86. Masco Corporation has a fifty-two week low of $58.16 and a fifty-two week high of $83.64. The stock has a 50-day simple moving average of $75.56 and a 200-day simple moving average of $70.82.

Masco (NYSE:MAS) last released its quarterly earnings results on Wednesday, July 29th. The construction company reported $1.64 EPS for the quarter, topping the consensus estimate 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 firm’s revenue was down 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.30 earnings per share. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. Equities research analysts expect that Masco Corporation will post 4.52 earnings per share for the current year.

Masco Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were paid a dividend of $0.32 per share. The ex-dividend date was Monday, August 24th. This represents a $1.28 dividend on an annualized basis and a yield of 1.8%. Masco’s dividend payout ratio is currently 29.43%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on MAS. Citigroup decreased their price target on shares of Masco from $79.00 to $77.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Barclays reduced their price objective on Masco from $82.00 to $79.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 30th. Wells Fargo & Company lifted their target price on Masco from $85.00 to $87.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Weiss Ratings raised Masco from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, June 23rd. Finally, Truist Financial cut their price target on Masco from $90.00 to $85.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Seven equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Masco has an average rating of “Hold” and an average price target 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.