Royce & Associates LP Sells 164,669 Shares of MasterBrand, Inc. $MBC

Royce & Associates LP trimmed its position in shares of MasterBrand, Inc. (NYSE:MBCFree Report) by 38.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 263,785 shares of the company’s stock after selling 164,669 shares during the period. Royce & Associates LP owned about 0.21% of MasterBrand worth $2,912,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. IFP Advisors Inc grew its holdings in MasterBrand by 124.4% during the 4th quarter. IFP Advisors Inc now owns 3,510 shares of the company’s stock worth $39,000 after acquiring an additional 1,946 shares in the last quarter. Clearstead Advisors LLC grew its position in shares of MasterBrand by 165.2% in the 4th quarter. Clearstead Advisors LLC now owns 4,228 shares of the company’s stock worth $47,000 after buying an additional 2,634 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of MasterBrand by 26.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 5,579 shares of the company’s stock worth $76,000 after buying an additional 1,177 shares during the last quarter. CIBC Private Wealth Group LLC boosted its stake in MasterBrand by 58.8% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 5,812 shares of the company’s stock worth $77,000 after purchasing an additional 2,153 shares in the last quarter. Finally, Xponance Inc. acquired a new stake in MasterBrand in the 3rd quarter worth approximately $132,000. Hedge funds and other institutional investors own 87.32% of the company’s stock.

MasterBrand Price Performance

MasterBrand stock opened at $8.74 on Friday. MasterBrand, Inc. has a 52-week low of $6.61 and a 52-week high of $14.22. The firm has a market capitalization of $1.12 billion, a price-to-earnings ratio of -436.78 and a beta of 1.54. The company has a fifty day simple moving average of $8.27 and a 200-day simple moving average of $10.15. The company has a quick ratio of 1.31, a current ratio of 2.08 and a debt-to-equity ratio of 0.82.

MasterBrand (NYSE:MBCGet Free Report) last released its earnings results on Tuesday, May 5th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.10. The business had revenue of $618.00 million during the quarter, compared to analyst estimates of $591.35 million. MasterBrand had a negative net margin of 0.07% and a positive return on equity of 7.35%. The company’s revenue for the quarter was down 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.18 earnings per share. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on MBC. Wall Street Zen cut shares of MasterBrand from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Weiss Ratings lowered shares of MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a report on Tuesday, February 17th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

View Our Latest Analysis on MBC

About MasterBrand

(Free Report)

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.

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Institutional Ownership by Quarter for MasterBrand (NYSE:MBC)

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