Masco Corporation $MAS Shares Sold by Korea Investment CORP

Key Points

• Korea Investment CORP cut its stake in Masco by 29.8% in Q3, selling 65,774 shares and now holds 154,971 shares (about 0.07% of the company) valued at $10.9 million.
• Masco's board authorized a $2.0 billion share buyback (up to 13.5% of outstanding shares) and raised the quarterly dividend to $0.32 (annualized $1.28, ~2.0% yield).
• Masco reported Q EPS of $0.82 (beating $0.78 estimates) with revenue slightly below expectations, issued FY2026 guidance of $4.10–$4.30 EPS, and carries an average analyst rating of "Hold" with a consensus target around $76.94.

Korea Investment CORP lessened its stake in shares of Masco Corporation (NYSE:MAS - Free Report) by 29.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 154,971 shares of the construction company's stock after selling 65,774 shares during the quarter. Korea Investment CORP owned 0.07% of Masco worth $10,908,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. First Trust Advisors LP lifted its holdings in shares of Masco by 6.4% in the 3rd quarter. First Trust Advisors LP now owns 1,171,037 shares of the construction company's stock worth $82,429,000 after acquiring an additional 70,043 shares during the last quarter. HUB Investment Partners LLC increased its holdings in Masco by 60.6% in the 3rd quarter. HUB Investment Partners LLC now owns 5,313 shares of the construction company's stock valued at $374,000 after purchasing an additional 2,005 shares during the last quarter. One Wealth Map LLC acquired a new stake in Masco in the 3rd quarter valued at approximately $434,000. Aptus Capital Advisors LLC purchased a new stake in Masco in the third quarter valued at approximately $215,000. Finally, Orion Porfolio Solutions LLC raised its position in Masco by 80.9% in the third quarter. Orion Porfolio Solutions LLC now owns 41,008 shares of the construction company's stock valued at $2,887,000 after purchasing an additional 18,335 shares during the period. 93.91% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Masco

In other news, CAO Heath M. Eisman sold 747 shares of Masco stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $71.92, for a total value of $53,724.24. Following the completion of the transaction, the chief accounting officer owned 12,510 shares in the company, valued at approximately $899,719.20. This trade represents a 5.63% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.50% of the stock is owned by corporate insiders.

Masco Stock Performance

NYSE:MAS opened at $62.49 on Thursday. The company has a fifty day simple moving average of $69.79 and a two-hundred day simple moving average of $68.12. The company has a market cap of $12.72 billion, a price-to-earnings ratio of 16.23, a price-to-earnings-growth ratio of 1.80 and a beta of 1.27. The company has a quick ratio of 1.14, a current ratio of 1.81 and a debt-to-equity ratio of 38.75. Masco Corporation has a 52 week low of $56.55 and a 52 week high of $79.19.

Masco (NYSE:MAS - Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The construction company reported $0.82 earnings per share for the quarter, topping analysts' consensus estimates of $0.78 by $0.04. The business had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.82 billion. Masco had a return on equity of 856.70% and a net margin of 10.71%.The company's revenue was down 1.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.89 earnings per share. Masco has set its FY 2026 guidance at 4.100-4.300 EPS. As a group, equities analysts anticipate that Masco Corporation will post 4.34 earnings per share for the current fiscal year.

Masco announced that its Board of Directors has authorized a stock buyback plan on Tuesday, February 10th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the construction company to reacquire up to 13.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.

Masco Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 9th. Shareholders of record on Friday, February 20th were given a $0.32 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a $1.28 dividend on an annualized basis and a yield of 2.0%. This is an increase from Masco's previous quarterly dividend of $0.31. Masco's dividend payout ratio is 33.25%.

Analysts Set New Price Targets

Several research analysts have recently commented on MAS shares. Citigroup raised their price target on Masco from $71.00 to $84.00 and gave the stock a "neutral" rating in a research report on Thursday, February 12th. Weiss Ratings downgraded Masco from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday. Royal Bank Of Canada raised their target price on Masco from $67.00 to $74.00 and gave the company a "sector perform" rating in a report on Wednesday, February 11th. Robert W. Baird set a $82.00 target price on Masco in a research report on Wednesday, February 11th. Finally, Evercore set a $78.00 price target on shares of Masco in a research note on Wednesday, February 11th. Six analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat, Masco has an average rating of "Hold" and an average target price of $76.94.

Masco 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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