VIRGINIA RETIREMENT SYSTEMS ET Al Purchases New Shares in Masco Corporation $MAS

Key Points

• Virginia Retirement Systems purchased 611,591 Masco shares worth approximately $49.8 million, representing about 0.31% of the company. Institutional investors collectively own 93.91% of Masco.
• Masco reported quarterly EPS of $1.64, beating analyst expectations of $1.32, while revenue of $1.99 billion fell short of estimates and declined 2.9% year over year. The company reaffirmed fiscal 2026 EPS guidance of $4.40–$4.60.
• Masco pays a quarterly dividend of $0.32, or $1.28 annually, yielding approximately 1.8%. Analysts maintain a consensus “Hold” rating with an average price target of $79.88, above the stock’s reported $72.74 price.

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Masco Corporation (NYSE:MAS - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 611,591 shares of the construction company's stock, valued at approximately $49,765,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned about 0.31% of Masco as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. California State Teachers Retirement System lifted its holdings in Masco by 6,291.8% during the second quarter. California State Teachers Retirement System now owns 28,615,795 shares of the construction company's stock worth $2,328,467,000 after acquiring an additional 28,168,099 shares during the period. BlackRock Inc. purchased a new position in Masco in the second quarter worth $1,278,943,000. Norges Bank bought a new position in Masco in the 4th quarter valued at $194,818,000. Wellington Management Group LLP purchased a new stake in shares of Masco during the 3rd quarter valued at $192,948,000. Finally, Bank of America Corp DE purchased a new stake in shares of Masco during the 2nd quarter valued at $178,424,000. Hedge funds and other institutional investors own 93.91% of the company's stock.

Masco Stock Up 0.1%

MAS stock opened at $72.74 on Monday. The stock has a fifty day moving average of $76.17 and a 200-day moving average of $70.92. Masco Corporation has a fifty-two week low of $58.16 and a fifty-two week high of $83.64. The company has a market capitalization of $14.34 billion, a price-to-earnings ratio of 16.72, a PEG 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 announced its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.32 by $0.32. The business 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%.The firm's quarterly revenue was down 2.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.30 EPS. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, equities research analysts predict that Masco Corporation will post 4.52 earnings per share for the current year.

Masco Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Barclays cut their price target on shares of Masco from $82.00 to $79.00 and set an "equal weight" rating on the stock in a report on Thursday, July 30th. UBS Group decreased their price objective on shares of Masco from $97.00 to $94.00 and set a "buy" rating for the company in a report on Thursday, July 30th. Citigroup lowered their price objective on shares of Masco from $79.00 to $77.00 and set a "neutral" rating on the stock in a research report on Friday, July 31st. DA Davidson assumed coverage on shares of Masco in a research report on Monday, August 24th. They set a "neutral" rating and a $80.00 target price for the company. Finally, Evercore lowered shares of Masco from an "outperform" rating to an "in-line" rating and set a $78.00 price target for the company. in a research note on Thursday, July 30th. Seven research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $79.88.

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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