Haverford Trust Co Invests $33.98 Million in Masco Corporation $MAS

Key Points

• Haverford Trust Co. purchased 417,635 Masco shares worth approximately $33.98 million in the second quarter, giving it a 0.21% stake. Institutional investors and hedge funds collectively own 93.91% of MAS.
• Masco reported quarterly EPS of $1.64, surpassing the $1.32 analyst consensus, though revenue fell 2.9% year over year to $1.99 billion. The company also authorized a $300 million share-repurchase program and maintains a $0.32 quarterly dividend, yielding about 1.7%.
• Analyst sentiment remains mixed: the stock has a consensus “Hold” rating with a $79.87 price target, while recent estimates raised some annual forecasts but lowered several quarterly and FY2028 projections.

Haverford Trust Co purchased a new position in Masco Corporation (NYSE:MAS - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 417,635 shares of the construction company's stock, valued at approximately $33,983,000. Haverford Trust Co owned 0.21% of Masco at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MAS. Covestor Ltd increased its position in shares of Masco by 20.7% in the fourth quarter. Covestor Ltd now owns 829 shares of the construction company's stock valued at $53,000 after buying an additional 142 shares in the last quarter. Ritholtz Wealth Management boosted its position in shares of Masco by 3.9% in the 1st quarter. Ritholtz Wealth Management now owns 4,017 shares of the construction company's stock worth $242,000 after buying an additional 150 shares in the last quarter. Andina Capital Management LLC boosted its position in shares of Masco by 2.4% in the 4th quarter. Andina Capital Management LLC now owns 6,565 shares of the construction company's stock worth $417,000 after buying an additional 154 shares in the last quarter. Dorsey & Whitney Trust CO LLC grew its stake in Masco by 3.5% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 4,945 shares of the construction company's stock valued at $314,000 after acquiring an additional 167 shares during the last quarter. Finally, Fayez Sarofim & Co grew its stake in Masco by 0.7% in the 4th quarter. Fayez Sarofim & Co now owns 26,075 shares of the construction company's stock valued at $1,655,000 after acquiring an additional 180 shares during the last quarter. 93.91% of the stock is owned by institutional investors and hedge funds.

Key Masco News

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 Trading Up 0.1%

Shares of Masco stock opened at $73.39 on Friday. Masco Corporation has a fifty-two week low of $58.16 and a fifty-two week high of $83.64. The business's fifty day moving average is $76.80 and its two-hundred day moving average 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 firm has a market cap of $14.47 billion, a PE 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, beating analysts' consensus estimates of $1.32 by $0.32. The business had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $2.08 billion. Masco had a return on equity of 2,379.08% and a net margin of 11.61%.The business's revenue for the quarter was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.30 earnings per share. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. Analysts anticipate that Masco Corporation will post 4.52 earnings per share for the current year.

Masco announced that its board has initiated a stock buyback program on Thursday, May 7th that authorizes the company to repurchase $300.00 million in outstanding shares. This repurchase authorization authorizes the construction company to repurchase up to 2.1% of its shares through open market purchases. Shares repurchase programs are usually a sign 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. Shareholders of record on Monday, August 24th will be issued a $0.32 dividend. The ex-dividend date is Monday, August 24th. This represents a $1.28 annualized dividend and a yield of 1.7%. Masco's payout ratio is 29.43%.

Analyst Ratings Changes

A number of brokerages have issued reports on MAS. Truist Financial cut their target price on shares of Masco from $90.00 to $85.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. Zacks Research cut shares of Masco from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 14th. Barclays cut their price objective on Masco from $82.00 to $79.00 and set an "equal weight" rating for the company in a research report on Thursday, July 30th. Wells Fargo & Company upped their target price on Masco from $85.00 to $87.00 and gave the company an "overweight" rating in a research note on Tuesday, July 14th. Finally, Deutsche Bank Aktiengesellschaft set a $74.00 target price on Masco in a report on Monday, August 3rd. Seven equities research 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's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $79.87.

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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