Buckland Partners Management Co LLC Purchases Shares of 45,000 Masco Corporation $MAS

Key Points

• Buckland Partners Management bought 45,000 Masco shares worth approximately $3.66 million in the second quarter, making Masco its 17th-largest holding at 1.8% of the portfolio. 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. The company maintained fiscal 2026 EPS guidance of $4.40–$4.60.
• The company declared a quarterly dividend of $0.32 per share, equivalent to a 1.7% yield, and authorized a $300 million share-buyback program. Analysts hold a consensus “Hold” rating with an average price target of $79.87.

Buckland Partners Management Co LLC bought a new stake in Masco Corporation (NYSE:MAS - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 45,000 shares of the construction company's stock, valued at approximately $3,662,000. Masco comprises approximately 1.8% of Buckland Partners Management Co LLC's portfolio, making the stock its 17th largest position.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in Masco in the 2nd quarter worth approximately $1,278,943,000. State Street Corp raised its stake in Masco by 0.6% during the fourth quarter. State Street Corp now owns 10,235,505 shares of the construction company's stock valued at $649,545,000 after buying an additional 60,430 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Masco by 19.2% in the 4th quarter. JPMorgan Chase & Co. now owns 6,063,286 shares of the construction company's stock worth $384,776,000 after purchasing an additional 977,684 shares in the last quarter. Boston Partners raised its holdings in Masco by 1.0% in the 3rd quarter. Boston Partners now owns 5,850,170 shares of the construction company's stock worth $411,832,000 after acquiring an additional 58,609 shares during the last quarter. Finally, Wellington Management Group LLP raised its stake in shares of Masco by 76.1% in the fourth quarter. Wellington Management Group LLP now owns 4,826,584 shares of the construction company's stock worth $306,295,000 after purchasing an additional 2,085,454 shares during the last quarter. 93.91% of the stock is currently owned by hedge funds and other institutional investors.

Masco Price Performance

NYSE MAS opened at $73.79 on Tuesday. The company has a market cap of $14.55 billion, a PE ratio of 16.96, a P/E/G ratio of 1.88 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 52-week low of $58.16 and a 52-week high of $83.64. The firm's 50 day moving average price is $76.72 and its 200-day moving average price is $70.82.

Masco (NYSE:MAS - Get Free Report) last issued its quarterly earnings data 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 return on equity of 2,379.08% and a net margin of 11.61%.The firm had revenue of $1.99 billion during the quarter, compared to analyst estimates of $2.08 billion. During the same quarter in the prior year, the business posted $1.30 EPS. The business's revenue for the quarter was down 2.9% compared to the same quarter last year. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. Sell-side analysts forecast that Masco Corporation will post 4.52 EPS for the current fiscal year.

Masco Announces Dividend

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

Masco announced that its Board of Directors has approved a share buyback program on Thursday, May 7th that permits the company to buyback $300.00 million in shares. This buyback authorization permits the construction company to reacquire up to 2.1% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. The Goldman Sachs Group upped their price objective on Masco from $79.00 to $90.00 and gave the company a "buy" rating in a research report on Thursday, April 23rd. Bank of America dropped their target price on Masco from $69.00 to $61.00 and set an "underperform" rating on the stock in a research report on Monday, April 20th. JPMorgan Chase & Co. boosted their target price on shares of Masco from $74.00 to $78.00 and gave the company a "neutral" rating in a research report on Friday, April 24th. Citigroup reduced their price target on Masco from $79.00 to $77.00 and set a "neutral" rating for the company in a research report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft set a $74.00 target price on shares of Masco in a research note on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price 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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