Vanguard Amends Masco Corp Stake, Files SC 13G/A

TL;DR

**Vanguard just updated its Masco Corp stake, keep an eye on institutional sentiment.**

AI Summary

The Vanguard Group, a major investment firm, filed an amended SC 13G/A on February 13, 2024, indicating a change in its beneficial ownership of Masco Corp (MAS) common stock as of December 29, 2023. This filing, Amendment No. 14, updates their previous disclosures regarding their stake in the heating equipment and plumbing fixtures company. For investors, this matters because Vanguard is a significant institutional holder, and changes in their position can signal shifts in institutional sentiment or investment strategy towards Masco Corp.

Why It Matters

This filing shows an update to a major institutional investor's position in Masco Corp, which can influence market perception and potentially stock price movements.

Risk Assessment

Risk Level: low — This is a routine update from a large institutional investor and does not inherently signal high risk for the company.

Analyst Insight

An investor should note that a major institutional investor like Vanguard is adjusting its position in Masco Corp, but without specific share count changes, it's difficult to infer a strong bullish or bearish signal. Further investigation into Vanguard's updated beneficial ownership percentage would be necessary to gauge the significance of this amendment.

Key Players & Entities

• The Vanguard Group (company) — reporting person and institutional investor
• Masco Corp (company) — issuer of the securities
• Pennsylvania (company) — place of organization for The Vanguard Group
• December 29, 2023 (date) — date of event requiring the filing
• February 13, 2024 (date) — filing date of the SC 13G/A

FAQ

From the Filing

0001104659-24-021421.txt : 20240213 0001104659-24-021421.hdr.sgml : 20240213 20240213170937 ACCESSION NUMBER: 0001104659-24-021421 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MASCO CORP /DE/ CENTRAL INDEX KEY: 0000062996 STANDARD INDUSTRIAL CLASSIFICATION: HEATING EQUIP, EXCEPT ELEC & WARM AIR & PLUMBING FIXTURES [3430] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 381794485 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-10569 FILM NUMBER: 24628947 BUSINESS ADDRESS: STREET 1: 17450 COLLEGE PARKWAY CITY: LIVONIA STATE: MI ZIP: 48152 BUSINESS PHONE: 3132747400 MAIL ADDRESS: STREET 1: 17450 COLLEGE PARKWAY CITY: LIVONIA STATE: MI ZIP: 48152 FORMER COMPANY: FORMER CONFORMED NAME: MASCO SCREW PRODUCTS CO DATE OF NAME CHANGE: 19731025 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD GROUP INC CENTRAL INDEX KEY: 0000102909 ORGANIZATION NAME: IRS NUMBER: 231945930 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 SC 13G/A 1 tv01410-mascocorp.htm SCHEDULE 13G/A mascocorp SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 14)* Name of issuer:  Masco Corp Title of Class of Securities:  Common Stock CUSIP Number:  574599106 Date of Event Which Requires Filing of this Statement: December 29, 2023 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒ Rule 13d-1(b) ☐ Rule 13d-1(c) ☐ Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (Continued on the following page(s))     13G CUSIP No.:  574599106 1.  NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Vanguard Group - 23-1945930 2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP A.  B.  X 3.  SEC USE ONLY 4.  CITIZENSHIP OF PLACE OF ORGANIZATION Pennsylvania (For questions 5-8, report the number of shares beneficially owned by each reporting person with:) 5.  SOLE VOTING POWER 0 6.  SHARED VOTING POWER 285,274 7.  SOLE DISPOSITIVE POWER 24,623,401 8.  SHARED DISPOSITIVE POWER 956,068 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 25,579,469 10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES N/A 11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11.39% 12.  TYPE OF REPORTING PERSON IA     SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Act of 1934 Item 1(a) - Name of Issuer: Masco Corp Item 1(b) - Address of Issuer's Principal Executive Offices: 17450 College Parkway Livonia, MI 48152 Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930 Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355 Item 2(c) – Citizenship: Pennsylvania Item 2(d) - Title of Class of Securitie