JPMorgan Chase & Co. Purchases 541,748 Shares of MasterBrand, Inc. $MBC

JPMorgan Chase & Co. boosted its position in MasterBrand, Inc. (NYSE:MBC) by 353.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 695,128 shares of the company’s stock after buying an additional 541,748 shares during the quarter. JPMorgan Chase & Co.’s holdings in MasterBrand were worth $9,155,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust boosted its stake in shares of MasterBrand by 18.8% in the 3rd quarter. Parkside Financial Bank & Trust now owns 5,178 shares of the company’s stock valued at $68,000 after purchasing an additional 821 shares during the last quarter. GAMMA Investing LLC boosted its stake in MasterBrand by 52.4% in the third quarter. GAMMA Investing LLC now owns 3,268 shares of the company’s stock valued at $43,000 after acquiring an additional 1,123 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in MasterBrand by 26.7% in the third quarter. Jones Financial Companies Lllp now owns 5,579 shares of the company’s stock valued at $76,000 after acquiring an additional 1,177 shares during the last quarter. Gamco Investors INC. ET AL grew its holdings in MasterBrand by 1.4% during the 2nd quarter. Gamco Investors INC. ET AL now owns 88,754 shares of the company’s stock worth $970,000 after acquiring an additional 1,230 shares during the period. Finally, CWM LLC grew its holdings in MasterBrand by 57.5% during the 3rd quarter. CWM LLC now owns 3,414 shares of the company’s stock worth $45,000 after acquiring an additional 1,247 shares during the period. 87.32% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on MBC shares. Weiss Ratings downgraded MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a research note on Tuesday, February 17th. Wall Street Zen cut MasterBrand from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. One analyst has rated the stock with a Buy rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $15.00.

MasterBrand Stock Performance

Shares of NYSE:MBC opened at $9.00 on Friday. The firm’s 50 day simple moving average is $11.77 and its 200 day simple moving average is $12.03. MasterBrand, Inc. has a fifty-two week low of $8.73 and a fifty-two week high of $14.23. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of 45.00 and a beta of 1.54. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.67 and a quick ratio of 1.03.

MasterBrand (NYSE:MBC) last issued its quarterly earnings data on Tuesday, February 10th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.16). The firm had revenue of $644.60 million for the quarter, compared to analyst estimates of $607.60 million. MasterBrand had a net margin of 0.98% and a return on equity of 8.54%. The firm’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.22 EPS. MasterBrand has set its FY 2026 guidance at -0.060-0.000 EPS.

MasterBrand Profile

MasterBrand Inc is one of the largest manufacturers of cabinetry and home storage solutions in North America. The company specializes in designing, producing and distributing kitchen and bath cabinetry for both new construction and the remodeling markets. Its offerings span a broad spectrum of styles and price points, serving homebuilders, home improvement retailers and independent dealers.

MasterBrand’s product portfolio includes framed and frameless cabinet lines, bath vanities, closet systems and other organizational accessories.