Corient Private Wealth LP Takes $21.87 Million Position in Masco Corporation $MAS

Key Points

• Corient Private Wealth initiated a $21.87 million position in Masco, purchasing 268,722 shares, while institutional investors collectively own 93.91% of the company.
• Masco beat quarterly EPS expectations with $1.64 versus the $1.32 consensus, though revenue fell 2.9% year over year to $1.99 billion. The company reaffirmed fiscal 2026 EPS guidance of $4.40–$4.60.
• Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $79.88 versus the stock’s $73.28 price. Masco also pays a $0.32 quarterly dividend and has authorized a $300 million share-repurchase program.

Corient Private Wealth LP bought a new position in shares of Masco Corporation (NYSE:MAS - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 268,722 shares of the construction company's stock, valued at approximately $21,866,000. Corient Private Wealth LP owned about 0.14% of Masco as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of MAS. BlackRock Inc. bought a new stake in shares of Masco during the second quarter worth approximately $1,278,943,000. State Street Corp grew its position in shares of Masco by 0.6% in the fourth quarter. State Street Corp now owns 10,235,505 shares of the construction company's stock valued at $649,545,000 after purchasing an additional 60,430 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Masco by 19.2% during the fourth 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 during the period. Boston Partners lifted its holdings in Masco by 1.0% during the 3rd quarter. Boston Partners now owns 5,850,170 shares of the construction company's stock worth $411,832,000 after purchasing an additional 58,609 shares during the last quarter. Finally, Wellington Management Group LLP lifted its holdings in Masco by 76.1% during the 4th 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. Institutional investors own 93.91% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Deutsche Bank Aktiengesellschaft set a $74.00 price objective on Masco in a report on Monday, August 3rd. Wells Fargo & Company boosted their target price on shares of Masco from $85.00 to $87.00 and gave the company an "overweight" rating in a research report on Tuesday, July 14th. Truist Financial decreased their price target on shares of Masco from $90.00 to $85.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Barclays lowered their price target on shares of Masco from $82.00 to $79.00 and set an "equal weight" rating on the stock in a research report on Thursday, July 30th. Finally, Evercore downgraded shares of 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. Seven analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $79.88.

Masco Price Performance

Shares of NYSE MAS opened at $73.28 on Friday. The business has a fifty day moving average price of $76.70 and a two-hundred day moving average price of $71.11. The stock has a market capitalization of $14.45 billion, a PE ratio of 16.85, a P/E/G ratio of 1.84 and a beta of 1.30. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.86 and a quick ratio of 1.22. Masco Corporation has a fifty-two week low of $58.16 and a fifty-two week high of $83.64.

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, topping 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 company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $2.08 billion. During the same period in the prior year, the firm posted $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, equities analysts predict that Masco Corporation will post 4.52 earnings per share for the current fiscal year.

Masco Dividend Announcement

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

Masco declared that its Board of Directors has approved a stock repurchase plan on Thursday, May 7th that permits the company to repurchase $300.00 million in shares. This repurchase authorization permits the construction company to purchase up to 2.1% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its shares are undervalued.

Masco Company 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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