Ieq Capital LLC Acquires New Holdings in Masco Corporation $MAS

Key Points

• Ieq Capital acquired 126,866 Masco shares worth approximately $10.3 million, joining other institutional investors; institutions now own 93.91% of MAS.
• Analyst sentiment is mixed, with a consensus “Hold” rating and average price target of $79.87. Several firms recently lowered targets or downgraded the stock, although Truist maintained a “Buy” rating.
• Masco exceeded quarterly EPS expectations ($1.64 versus $1.32) but missed revenue forecasts, while analysts project $4.52 in current-year EPS. The company also authorized a $300 million share buyback and declared a quarterly dividend of $0.32 per share.

Ieq Capital LLC bought a new position in shares of Masco Corporation (NYSE:MAS - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 126,866 shares of the construction company's stock, valued at approximately $10,323,000. Ieq Capital LLC owned 0.06% of Masco at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Bard Associates Inc. purchased a new stake in shares of Masco in the fourth quarter worth $25,000. Sunbelt Securities Inc. bought a new stake in Masco during the third quarter valued at $26,000. Bogart Wealth LLC grew its position in Masco by 2,550.0% during the fourth quarter. Bogart Wealth LLC now owns 424 shares of the construction company's stock worth $27,000 after buying an additional 408 shares in the last quarter. Bell Investment Advisors Inc purchased a new position in Masco during the second quarter worth about $32,000. Finally, Headlands Technologies LLC increased its stake in Masco by 114.5% in the 2nd quarter. Headlands Technologies LLC now owns 549 shares of the construction company's stock worth $35,000 after acquiring an additional 293 shares during the last quarter. Institutional investors own 93.91% of the company's stock.

Analyst Ratings Changes

MAS has been the topic of several recent analyst reports. Citigroup lowered their price target on Masco from $79.00 to $77.00 and set a "neutral" rating on the stock in a report on Friday, July 31st. Evercore lowered 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. Deutsche Bank Aktiengesellschaft set a $74.00 price objective on shares of Masco in a research report on Monday, August 3rd. Zacks Research downgraded shares of Masco from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 14th. Finally, Truist Financial dropped 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. 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 data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $79.87.

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 Price Performance

MAS opened at $73.39 on Friday. The company has a current ratio of 1.86, a quick ratio of 1.22 and a debt-to-equity ratio of 109.07. The stock has a market capitalization of $14.47 billion, a P/E ratio of 16.87, a PEG ratio of 1.86 and a beta of 1.30. The stock has a 50-day moving average price of $76.80 and a 200-day moving average price of $71.00. Masco Corporation has a 12-month low of $58.16 and a 12-month high of $83.64.

Masco (NYSE:MAS - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.64 earnings per share for the quarter, beating analysts' consensus estimates of $1.32 by $0.32. The company had revenue of $1.99 billion for the quarter, compared to analysts' expectations of $2.08 billion. Masco had a return on equity of 2,379.08% and a net margin of 11.61%.Masco's revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period last year, the firm posted $1.30 EPS. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. Equities analysts predict that Masco Corporation will post 4.52 earnings per share for the current fiscal year.

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

Masco Announces Dividend

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 given 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 is Monday, August 24th. Masco's dividend payout ratio (DPR) is presently 29.43%.

About Masco

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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