icon
0%

Masco Corporation MAS - News Analyzed: 5,187 - Last Week: 100 - Last Month: 385

↑ Masco Corporation MAS: A mix of Performance amid Dividend Affirmation and Business Reshuffling

Masco Corporation MAS: A mix of Performance amid Dividend Affirmation and Business Reshuffling
Masco Co. (NYSE:MAS) has been experiencing varying performance, with some instances outperforming competitors, and others underperforming. Foster Victor Wealth Advisors LLC and KBC Group NV have increased their stock holdings, despite SG Americas Securities LLC and Manning & Napier Advisors LLC decreasing theirs. There is continuous interest in the company's earnings, with investors looking forward to its Q4 2024 Earnings release and call on February 11, led by CEO Keith Allman. The expectations on the earnings are mixed, with some predicting strong margins amid market challenges, while others foresee an earnings miss. Masco has entered into a definitive agreement to sell Kichler Lighting, and the sale has been completed. The company has affirmed its dividend of $0.29. The stock has shown resilience amid market shifts, despite a mix of price target adjustments from different securities. Jefferies described Masco stock as 'fairly valued' as growth slows. The company recently completed the acquisition of Sauna360 Group Oy, and President and CEO Keith Allman sold over 1.2 million shares. In a significant move, Masco seeks buyers for its cabinetry and windows divisions.

Masco Corporation MAS News Analytics from Tue, 10 Sep 2013 07:00:00 GMT to Sat, 01 Feb 2025 12:04:00 GMT - Rating 6 - Innovation 2 - Information 7 - Rumor 4

The email address you have entered is invalid.