Masco Corporation $MAS Shares Sold by Massachusetts Financial Services Co. MA

Key Points

• Massachusetts Financial Services trimmed its stake in Masco by 6.3%, selling 303,570 shares and leaving it with 4,482,089 shares (about 2.16% of the company) valued at roughly $284.4 million.
• Masco's board authorized a $2.00 billion share buyback (up to 13.5% of outstanding shares) and raised the quarterly dividend to $0.32, implying a $1.28 annual payout and about a 2.0% yield.
• Masco reported quarterly EPS of $0.82 (beating estimates by $0.04) while revenue fell 1.9% year-over-year, and management set FY2026 guidance of $4.10–$4.30 per share versus a sell-side consensus near $4.34.

Massachusetts Financial Services Co. MA trimmed its holdings in shares of Masco Corporation (NYSE:MAS - Free Report) by 6.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,482,089 shares of the construction company's stock after selling 303,570 shares during the period. Massachusetts Financial Services Co. MA owned approximately 2.16% of Masco worth $284,433,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Rossby Financial LCC increased its holdings in shares of Masco by 134.2% during the third quarter. Rossby Financial LCC now owns 370 shares of the construction company's stock valued at $26,000 after purchasing an additional 212 shares during the period. Sunbelt Securities Inc. bought a new position in Masco during the third quarter valued at about $26,000. Community Bank N.A. bought a new position in Masco during the third quarter valued at about $34,000. Headlands Technologies LLC boosted its stake in Masco by 114.5% during the second quarter. Headlands Technologies LLC now owns 549 shares of the construction company's stock valued at $35,000 after buying an additional 293 shares in the last quarter. Finally, Caldwell Trust Co bought a new position in Masco during the second quarter valued at about $37,000. 93.91% of the stock is owned by institutional investors and hedge funds.

Masco Trading Down 0.7%

NYSE:MAS opened at $62.97 on Friday. 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 1-year low of $56.55 and a 1-year high of $79.19. The firm has a market capitalization of $12.78 billion, a price-to-earnings ratio of 16.36, a price-to-earnings-growth ratio of 1.79 and a beta of 1.29. The stock has a fifty day simple moving average of $66.58 and a 200 day simple moving average of $66.12.

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

Masco declared that its board has authorized a share buyback plan on Tuesday, February 10th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the construction company to buy up to 13.5% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

Masco Increases Dividend

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

Insider Buying and Selling at Masco

In related news, CAO Heath M. Eisman sold 747 shares of the stock in a transaction on 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 $899,719.20. This trade represents a 5.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.50% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages recently weighed in on MAS. Robert W. Baird set a $82.00 target price on Masco in a research note on Wednesday, February 11th. Weiss Ratings cut Masco from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Monday, March 9th. Wells Fargo & Company decreased their target price on Masco from $85.00 to $70.00 and set an "overweight" rating for the company in a research note on Wednesday. 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 research note on Wednesday, February 11th. Finally, Citigroup raised their target price on Masco from $71.00 to $84.00 and gave the company a "neutral" rating in a research note on Thursday, February 12th. Six equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $75.93.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.