EP Wealth Advisors LLC Buys New Shares in Masco Corporation $MAS

Key Points

• EP Wealth Advisors purchased 16,814 Masco shares worth approximately $1.37 million in the second quarter. Institutional investors collectively own 93.91% of MAS.
• Analyst sentiment is mixed: Masco has a consensus “Hold” rating and an average price target of $79.87, while recent targets range from $78 to $87.
• Masco exceeded quarterly EPS expectations, reporting $1.64 versus $1.32 estimated, but revenue fell 2.9% year over year. The company also authorized $300 million in share repurchases and declared a quarterly dividend of $0.32 per share.

EP Wealth Advisors LLC purchased a new stake in Masco Corporation (NYSE:MAS - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 16,814 shares of the construction company's stock, valued at approximately $1,368,000.

Several other hedge funds have also made changes to their positions in MAS. Focus Partners Wealth raised its holdings in Masco by 2.6% in the 1st quarter. Focus Partners Wealth now owns 10,414 shares of the construction company's stock valued at $724,000 after acquiring an additional 265 shares in the last quarter. CW Advisors LLC bought a new stake in shares of Masco during the second quarter valued at approximately $238,000. Bank of Nova Scotia raised its stake in shares of Masco by 14.8% in the second quarter. Bank of Nova Scotia now owns 25,555 shares of the construction company's stock valued at $1,645,000 after purchasing an additional 3,294 shares in the last quarter. WINTON GROUP Ltd bought a new position in Masco in the second quarter worth $415,000. Finally, Daiwa Securities Group Inc. boosted its stake in Masco by 4.6% during the second quarter. Daiwa Securities Group Inc. now owns 31,832 shares of the construction company's stock worth $2,049,000 after buying an additional 1,413 shares in the last quarter. Institutional investors own 93.91% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on MAS shares. Wells Fargo & Company raised their price objective on shares of Masco from $85.00 to $87.00 and gave the stock an "overweight" rating in a report on Tuesday, July 14th. Evercore cut shares of Masco from an "outperform" rating to an "in-line" rating and set a $78.00 price target for the company. in a research note on Thursday, July 30th. Barclays lowered their price objective on Masco from $82.00 to $79.00 and set an "equal weight" 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 report on Tuesday, June 23rd. Finally, Truist Financial decreased their price target on Masco from $90.00 to $85.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Seven analysts have rated the stock with a Buy rating, ten have issued 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 $79.87.

Masco Stock Performance

Shares of Masco stock opened at $73.39 on Monday. The company has a debt-to-equity ratio of 109.07, a current ratio of 1.86 and a quick ratio of 1.22. The firm has a 50 day simple moving average of $76.80 and a 200 day simple moving average of $71.03. Masco Corporation has a fifty-two week low of $58.16 and a fifty-two week high of $83.64. The firm 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 announced its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.64 EPS for the quarter, topping analysts' consensus estimates 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 period last year, the company earned $1.30 earnings per share. The company's revenue was down 2.9% on a year-over-year basis. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. Sell-side analysts predict that Masco Corporation will post 4.52 earnings per share for the current fiscal year.

Masco declared that its Board of Directors has initiated a share repurchase plan on Thursday, May 7th that allows the company to repurchase $300.00 million in outstanding shares. This repurchase authorization allows the construction company to purchase up to 2.1% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.

Masco Dividend Announcement

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

Key Stories 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 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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