Masco Corporation $MAS Stock: VIRGINIA RETIREMENT SYSTEMS ET Al Increases Position

Key Points

• Virginia Retirement Systems increased its Masco stake by 47.9% in the third quarter, adding 293,005 shares to own 904,596 shares worth approximately $61 million. Institutional investors and hedge funds collectively own 93.91% of MAS.
• Masco reported stronger-than-expected third-quarter results, with EPS of $1.19 versus the $1.02 consensus and revenue of $1.97 billion. Revenue rose 2.6% year over year, while management also provided fourth-quarter earnings guidance.
• Analyst sentiment remains mixed but includes several bullish target increases: UBS raised its target to $98 and Wells Fargo to $85, while the overall consensus rating is Hold with an $80.94 price target. Masco also declared a quarterly dividend of $0.32 per share, yielding about 1.6%.

VIRGINIA RETIREMENT SYSTEMS ET Al increased its holdings in shares of Masco Corporation (NYSE:MAS - Free Report) by 47.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 904,596 shares of the construction company's stock after buying an additional 293,005 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al owned 0.46% of Masco worth $60,970,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in Masco in the second quarter worth about $1,278,943,000. Bank of America Corp DE purchased a new stake in shares of Masco during the second quarter worth about $178,424,000. Bank of New York Mellon Corp acquired a new position in shares of Masco during the second quarter valued at about $156,668,000. Deutsche Bank AG acquired a new position in shares of Masco during the second quarter valued at about $149,673,000. Finally, Amundi increased its holdings in shares of Masco by 17.5% during the first quarter. Amundi now owns 2,152,818 shares of the construction company's stock valued at $129,977,000 after acquiring an additional 320,230 shares in the last quarter. 93.91% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently commented on MAS shares. Wells Fargo & Company lifted their target price on shares of Masco from $82.00 to $85.00 and gave the stock an "overweight" rating in a research note on Thursday. Bank of America reaffirmed an "underperform" rating on shares of Masco in a report on Thursday. Zacks Research cut shares of Masco from a "strong-buy" rating to a "hold" rating in a report on Friday, August 14th. UBS Group lifted their price objective on shares of Masco from $94.00 to $98.00 and gave the stock a "buy" rating in a research note on Thursday. Finally, The Goldman Sachs Group reissued a "buy" rating and set a $95.00 price objective on shares of Masco in a report on Wednesday. Seven analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $80.94.

Masco News Summary

Here are the key news stories impacting Masco this week:

• Positive Sentiment: Masco reported third-quarter earnings of $1.19 per share, exceeding the $1.02 consensus estimate, while revenue of $1.97 billion also topped expectations. Earnings increased from $0.97 per share a year earlier, helping drive the stock’s gap higher. Masco Shares Gap Up After Better-Than-Expected Earnings
• Positive Sentiment: Management provided fourth-quarter 2026 earnings guidance, giving investors additional visibility into the company’s outlook. Masco Provides Fourth-Quarter Earnings Guidance
• Positive Sentiment: UBS raised its price target to $98 from $94 and maintained a Buy rating. Truist also raised its target to $90 from $85 and upgraded its stance to Buy, adding to bullish analyst sentiment.
• Positive Sentiment: One valuation analysis estimates that Masco may be approximately 18% undervalued based on its third-quarter results, suggesting potential upside if earnings remain durable. Masco May Be 18% Undervalued on Third-Quarter Results

Masco Trading Up 0.7%

Masco stock opened at $80.71 on Friday. The company has a quick ratio of 1.22, a current ratio of 1.83 and a debt-to-equity ratio of 109.07. Masco Corporation has a 52 week low of $58.16 and a 52 week high of $83.64. The company has a market capitalization of $15.56 billion, a price-to-earnings ratio of 17.47, a price-to-earnings-growth ratio of 1.89 and a beta of 1.30. The stock has a 50-day moving average price of $71.26 and a 200 day moving average price of $70.88.

Masco (NYSE:MAS - Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The construction company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.17. Masco had a net margin of 12.07% and a negative return on equity of 1,807.69%. The company had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter in the prior year, the company earned $0.97 EPS. Masco's quarterly revenue was up 2.6% on a year-over-year basis. Sell-side analysts anticipate that Masco Corporation will post 4.71 EPS for the current year.

Masco Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 23rd. Stockholders of record on Friday, November 6th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, November 6th. Masco's dividend payout ratio is 27.71%.

Masco Profile

Masco Corporation NYSE: MAS is a manufacturer of branded home improvement and building products. The company's portfolio includes faucets, showering and bathing products, architectural coatings, decorative hardware and related products sold to residential and commercial customers.

Masco operates through two principal areas: Plumbing Products and Decorative Architectural Products. Its brands include Delta Faucet, Brizo, Hansgrohe, Behr Paint and Kichler Lighting, among others. These products are distributed through home improvement retailers, specialty dealers, distributors and other channels.

Founded in 1929 by Alex Manoogian, Masco is headquartered in Livonia, Michigan, and serves customers primarily in North America and Europe, with products sold in additional international markets.

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