470,545 Shares in Masco Corporation $MAS Purchased by Northwestern Mutual Wealth Management Co.

Key Points

• Northwestern Mutual Wealth Management purchased 470,545 Masco shares worth approximately $38.3 million in the second quarter, giving it a 0.24% stake. Institutional investors collectively own 93.91% of Masco.
• Masco reported quarterly EPS of $1.64, beating estimates of $1.32, although revenue fell 2.9% year over year to $1.99 billion. Analysts expect approximately $4.52 in current-year EPS.
• Masco declared a quarterly dividend of $0.32 per share and authorized a $300 million share-buyback program, while analysts maintain a consensus “Hold” rating with an average price target of $79.87.

Northwestern Mutual Wealth Management Co. purchased a new stake in Masco Corporation (NYSE:MAS - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 470,545 shares of the construction company's stock, valued at approximately $38,288,000. Northwestern Mutual Wealth Management Co. owned approximately 0.24% of Masco at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Quantbot Technologies LP acquired a new position in shares of Masco in the 2nd quarter valued at approximately $1,208,000. Evolve Private Wealth LLC bought a new position in shares of Masco in the 2nd quarter valued at $381,000. Landscape Capital Management L.L.C. acquired a new stake in shares of Masco during the second quarter valued at about $643,000. Korea Investment CORP acquired a new stake in Masco during the 2nd quarter worth approximately $7,640,000. Finally, EP Wealth Advisors LLC acquired a new position in shares of Masco during the second quarter worth $1,368,000. Institutional investors and hedge funds own 93.91% of the company's stock.

Key Headlines Impacting 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 Price Performance

Masco stock opened at $73.39 on Friday. Masco Corporation has a 52 week low of $58.16 and a 52 week high of $83.64. The company's 50 day moving average price is $76.80 and its two-hundred day moving average price is $71.00. The company has a quick ratio of 1.22, a current ratio of 1.86 and a debt-to-equity ratio of 109.07. The stock has a market cap of $14.47 billion, a P/E ratio of 16.87, a P/E/G ratio of 1.86 and a beta of 1.30.

Masco (NYSE:MAS - Get Free Report) last released its earnings results on Wednesday, July 29th. The construction company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.32. The company had revenue of $1.99 billion during 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%.Masco's quarterly revenue was down 2.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.30 earnings per share. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. On average, equities analysts predict that Masco Corporation will post 4.52 earnings per share for the current year.

Masco Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Monday, August 24th will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Monday, August 24th. Masco's dividend payout ratio is 29.43%.

Masco announced that its board has approved a share buyback program on Thursday, May 7th that allows the company to buyback $300.00 million in outstanding shares. This buyback authorization allows the construction company to purchase up to 2.1% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of research firms recently commented on MAS. Truist Financial cut their price objective on Masco from $90.00 to $85.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Weiss Ratings upgraded Masco from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, June 23rd. Wells Fargo & Company boosted their price objective on Masco from $85.00 to $87.00 and gave the company an "overweight" rating in a report on Tuesday, July 14th. Citigroup lowered their target price on Masco from $79.00 to $77.00 and set a "neutral" rating on the stock in a research report on Friday, July 31st. Finally, UBS Group cut their target price on Masco from $97.00 to $94.00 and set a "buy" rating on the stock in a report on Thursday, July 30th. Seven investment 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. Based on data from MarketBeat.com, Masco has an average rating of "Hold" and an average price target of $79.87.

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.

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