Capital Fund Management S.A. Has $6.40 Million Stock Position in Masco Corporation $MAS

Key Points

• Capital Fund Management S.A. reduced its holdings in Masco Corporation by 13.7% during the first quarter, resulting in a total of 92,091 shares valued at approximately $6.40 million.
• Masco recently reported earnings of $1.30 per share, exceeding estimates, along with quarterly revenue of $2.05 billion, despite a 1.9% decline compared to the previous year.
• The company announced a quarterly dividend of $0.31 per share, with a dividend yield of 1.6%, to be paid on August 25th.

Capital Fund Management S.A. reduced its position in Masco Corporation (NYSE:MAS - Free Report) by 13.7% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 92,091 shares of the construction company's stock after selling 14,628 shares during the period. Capital Fund Management S.A.'s holdings in Masco were worth $6,404,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Global X Japan Co. Ltd. grew its stake in shares of Masco by 120.2% during the first quarter. Global X Japan Co. Ltd. now owns 381 shares of the construction company's stock worth $26,000 after purchasing an additional 208 shares during the period. Alpine Bank Wealth Management acquired a new stake in shares of Masco during the first quarter worth $29,000. Costello Asset Management INC acquired a new stake in shares of Masco during the first quarter worth $31,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Masco during the first quarter worth $33,000. Finally, GeoWealth Management LLC grew its stake in shares of Masco by 89.0% during the fourth quarter. GeoWealth Management LLC now owns 684 shares of the construction company's stock worth $50,000 after purchasing an additional 322 shares during the period. 93.91% of the stock is owned by institutional investors and hedge funds.

Masco Stock Up 4.5%

NYSE:MAS opened at $75.57 on Friday. The company has a current ratio of 1.82, a quick ratio of 1.14 and a debt-to-equity ratio of 19.63. The stock has a market cap of $15.82 billion, a price-to-earnings ratio of 20.05, a PEG ratio of 2.64 and a beta of 1.16. The stock has a 50-day moving average price of $67.29 and a two-hundred day moving average price of $67.36. Masco Corporation has a 1 year low of $56.55 and a 1 year high of $86.70.

Masco (NYSE:MAS - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The construction company reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.22. The company had revenue of $2.05 billion during the quarter, compared to analysts' expectations of $2 billion. Masco had a return on equity of 1,519.31% and a net margin of 10.51%.Masco's revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.20 earnings per share. Masco has set its FY 2025 guidance at 3.900-4.100 EPS. As a group, equities analysts expect that Masco Corporation will post 4.34 earnings per share for the current year.

Masco Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 25th. Stockholders of record on Friday, August 8th will be given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, August 8th. Masco's dividend payout ratio is currently 32.89%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Robert W. Baird cut Masco from an "outperform" rating to a "neutral" rating and set a $70.00 price objective for the company. in a research note on Tuesday, July 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Masco in a research note on Wednesday, May 28th. Wells Fargo & Company lifted their price objective on Masco from $65.00 to $73.00 and gave the stock an "equal weight" rating in a research note on Wednesday, May 14th. Oppenheimer set a $79.00 target price on Masco and gave the company an "outperform" rating in a research note on Monday, August 4th. Finally, Barclays boosted their target price on Masco from $77.00 to $78.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $74.13.

Insider Buying and Selling at Masco

In other news, CAO Heath M. Eisman sold 2,431 shares of the company's stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $74.62, for a total transaction of $181,401.22. Following the completion of the transaction, the chief accounting officer directly owned 12,036 shares of the company's stock, valued at $898,126.32. This represents a 16.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.50% of the stock is owned by corporate insiders.

About Masco

Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; connected water products; thermoplastic solutions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products.

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