Nykredit A S Acquires Shares of 31,151 Masco Corporation $MAS

Key Points

• Nykredit A/S purchased 31,151 Masco shares in the second quarter, valued at approximately $2.54 million. Institutional investors collectively own 93.91% of Masco’s outstanding stock.
• Analyst sentiment remains mixed: seven analysts rate Masco a Buy, 11 recommend Hold, and one recommends Sell, resulting in a consensus Hold rating and an average price target of $79.88.
• Masco reported quarterly EPS of $1.64, exceeding estimates of $1.32, while revenue declined 2.9% year over year to $1.99 billion. The company also declared a quarterly dividend of $0.32 per share, representing a 1.8% yield.

Nykredit A S bought a new stake in shares of Masco Corporation (NYSE:MAS - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 31,151 shares of the construction company's stock, valued at approximately $2,535,000.

A number of other hedge funds also recently made changes to their positions in the business. Sunbelt Securities Inc. purchased a new position in shares of Masco in the 3rd quarter worth about $26,000. Bard Associates Inc. bought a new position in Masco during the fourth quarter valued at about $25,000. Bell Investment Advisors Inc purchased a new stake in Masco during the second quarter worth about $32,000. Headlands Technologies LLC increased its holdings in Masco by 114.5% during the second quarter. Headlands Technologies LLC now owns 549 shares of the construction company's stock worth $35,000 after buying an additional 293 shares during the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new stake in Masco during the second quarter worth about $37,000. 93.91% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on MAS shares. Weiss Ratings upgraded shares of Masco from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, June 23rd. Wells Fargo & Company raised their price target on shares of Masco from $85.00 to $87.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 14th. Barclays decreased their price target on shares of Masco from $82.00 to $79.00 and set an "equal weight" rating for the company in a research note on Thursday, July 30th. Truist Financial dropped their price objective on Masco from $90.00 to $85.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft set a $74.00 price objective on Masco in a research note on Monday, August 3rd. Seven equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $79.88.

Masco Trading Up 0.1%

Shares of Masco stock opened at $72.74 on Tuesday. Masco Corporation has a 52-week low of $58.16 and a 52-week high of $83.64. The stock's 50-day simple moving average is $76.01 and its 200 day simple moving average is $70.89. The stock has a market capitalization of $14.34 billion, a P/E ratio of 16.72, a P/E/G ratio of 1.78 and a beta of 1.30. The company has a debt-to-equity ratio of 109.07, a quick ratio of 1.22 and a current ratio of 1.86.

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

Masco Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Monday, August 24th. Masco's dividend payout ratio is presently 29.43%.

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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