Masco Corporation (MAS) has been experiencing significant growth with a new all-time high stock price of $82.36. Investment Management firms including Intech, Edgestream Partners L.P., Federated Hermes Inc., Envestnet Asset Management Inc, and Mercer Global Advisors Inc. ADV have increased their stock holdings in MAS. Masco’s sale of Kichler Lighting to Kingswood Capital Management has been successfully completed, which has led to unlocking further value causing the stock to gain. Masco Corporation has outperformed competitive entities on strong trading days and is noted as a strong value stock. Despite experiencing mixed results in Q1 2024 due to market challenges, the company's growth is accelerating with potential for medium-term upside. However, the company's insiders have sold over $8.7 million of stock which might indicate caution. Masco Corporation's Q2 earnings have surpassed estimates and the stock demonstrates robust technical strength. It recently also sold its window and door division for $725 million and is seeking buyers for its cabinetry and windows divisions to streamline focus.
Masco Corporation MAS News Analytics from Wed, 01 Jul 2015 07:00:00 GMT to Sun, 22 Sep 2024 10:33:29 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor -3
