Masco Corporation (MAS)

Over the past six months, Masco's stock price has decreased by 16.17%. Key events impacting the stock price include: Masco reported Q1 2025 earnings per share (EPS) of $0.87, missing estimates, and revenue was $1.80 billion, a 6% year-over-year decrease. Net sales decreased 3% in the fourth quarter of 2024, and 2% for the full year 2024, but adjusted earnings per share for the full year increased by 6% to $4.10. Net sales decreased 2% in Q2 2024, but earnings per share grew 1% to $1.20 per share. Baird downgraded Masco's rating from "Outperform" to "Neutral," maintaining a price target of $70. Masco paid a quarterly dividend of $0.31 per share on June 9, 2025.

The building products industry is seasonal and influenced by economic growth. Demand for Masco's products is tied to residential repair and remodel activity, and new home construction. After a pull forward of activity in 2021 and 2022, the industry experienced a slowdown due to higher interest rates and inflation. Masco anticipates a return to normal seasonality in 2024, with stronger demand in the second and third quarters, and expects continued strong demand in the home improvement market long term.

Masco Corporation manufactures and distributes branded home improvement and building products, focusing on the repair and remodel sector. It operates in the Producer Manufacturing sector, specifically in the Building Products and Industrial Specialties industries, through two segments: Plumbing Products and Decorative Architectural Products. The Plumbing Products segment includes faucets, showerheads, valves, bath hardware, bathing units, sinks, and toilets under brands like Delta, Hansgrohe, and Brizo. The Decorative Architectural Products segment offers architectural coatings, paints, primers, and accessories under brands like Behr and Kilz, along with lighting products (Kichler) and building hardware (Liberty). Masco distributes its products through home center retailers, online retailers, wholesalers, and independent hardware stores.

Masco has a significant global presence, with approximately 80% of its business in North America and about 20% internationally. The company operates manufacturing facilities and operations across North America, Europe, and Asia, including facilities in China, Germany, and the United Kingdom.

Masco maintains a strong brand reputation through its well-recognized brands and focus on customer satisfaction and innovation. Delta Faucet received the J.D. Power Customer Service Excellence Award. Behr earned the number one rating in the exterior paint category and the number two rating in interior paint in a third-party satisfaction study. Hansgrohe launched new products at ISH, and Behr launched Behr DYNASTY Exterior.

Approximately 75.67% to 76.76% of Masco Corporation's stock is owned by institutional investors, 0.28% is held by insiders, and 22.96% by public companies and individual investors. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp.