8,794 Masco Corporation $MAS Shares Bought by Tectonic Advisors LLC

Tectonic Advisors LLC lifted its position in shares of Masco Corporation (NYSE:MAS) by 9.5% in the 3rd quarter, Holdings Channel reports. The fund owned 101,497 shares of the construction company’s stock after buying an additional 8,794 shares during the period. Tectonic Advisors LLC’s holdings in Masco were worth $6,841,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Bell Investment Advisors Inc acquired a new stake in shares of Masco in the 2nd quarter worth about $32,000. Pension & Wealth Management Advisors Inc. acquired a new position in Masco during the 3rd quarter valued at about $36,000. Johnson Financial Group Inc. acquired a new position in Masco during the 2nd quarter valued at about $49,000. Trust Co. of Vermont bought a new position in Masco in the 2nd quarter worth about $53,000. Finally, Keating Financial Advisory Services Inc. bought a new position in Masco in the 2nd quarter worth about $55,000. Institutional investors own 93.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on MAS. Citigroup dropped their price target on shares of Masco from $79.00 to $77.00 and set a “neutral” rating on the stock in a research note on Friday, July 31st. Truist Financial reduced 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. Weiss Ratings upgraded Masco from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 16th. Evercore lowered 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. Finally, Zacks Research cut Masco from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 14th. Seven 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.com, the stock presently has a consensus rating of “Hold” and an average target price of $79.12.

Masco Price Performance

MAS stock traded down $2.01 during trading on Friday, hitting $76.04. The company had a trading volume of 2,627,765 shares, compared to its average volume of 2,020,085. The business has a 50 day moving average of $70.87 and a 200 day moving average of $72.07. The firm has a market capitalization of $14.99 billion, a price-to-earnings ratio of 17.48, a P/E/G ratio of 1.97 and a beta of 1.30. The company has a current ratio of 1.86, a quick ratio of 1.22 and a debt-to-equity ratio of 109.07. Masco Corporation has a fifty-two week low of $58.16 and a fifty-two week high of $83.64.

Masco (NYSE:MAS) last released its earnings results on Wednesday, July 29th. The construction company reported $1.64 EPS for the quarter, beating 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 quarter last year, the company earned $1.30 EPS. Masco’s quarterly revenue was down 2.9% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, research analysts predict that Masco Corporation will post 4.52 earnings per share for the current year.

Masco Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were issued a $0.32 dividend. The ex-dividend date was Monday, August 24th. This represents a $1.28 annualized dividend and a dividend yield of 1.7%. Masco’s dividend payout ratio (DPR) is 29.43%.

Masco Company Profile

Masco Corporation (NYSE: MAS) is a manufacturer of branded home improvement and building products. The company’s portfolio includes faucets, showering and bathing products, architectural coatings, decorative hardware and related products sold to residential and commercial customers.

Masco operates through two principal areas: Plumbing Products and Decorative Architectural Products. Its brands include Delta Faucet, Brizo, Hansgrohe, Behr Paint and Kichler Lighting, among others. These products are distributed through home improvement retailers, specialty dealers, distributors and other channels.

Founded in 1929 by Alex Manoogian, Masco is headquartered in Livonia, Michigan, and serves customers primarily in North America and Europe, with products sold in additional international markets.