Royce & Associates LP Cuts Stock Holdings in MasterBrand, Inc. $MBC

Royce & Associates LP lowered its position in MasterBrand, Inc. (NYSE:MBC) by 36.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 428,454 shares of the company’s stock after selling 247,316 shares during the period. Royce & Associates LP owned about 0.34% of MasterBrand worth $5,643,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in MBC. Mather Group LLC. bought a new stake in MasterBrand in the 3rd quarter worth about $28,000. Quent Capital LLC purchased a new position in shares of MasterBrand in the 3rd quarter worth approximately $37,000. GAMMA Investing LLC boosted its stake in shares of MasterBrand by 52.4% in the 3rd quarter. GAMMA Investing LLC now owns 3,268 shares of the company’s stock worth $43,000 after buying an additional 1,123 shares during the last quarter. CWM LLC grew its holdings in shares of MasterBrand by 57.5% in the third quarter. CWM LLC now owns 3,414 shares of the company’s stock valued at $45,000 after acquiring an additional 1,247 shares in the last quarter. Finally, Parkside Financial Bank & Trust increased its position in shares of MasterBrand by 61.3% during the second quarter. Parkside Financial Bank & Trust now owns 4,357 shares of the company’s stock valued at $48,000 after acquiring an additional 1,655 shares during the last quarter. 87.32% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on MBC. Wall Street Zen cut MasterBrand from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Weiss Ratings cut MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a research note on Tuesday, February 17th. One equities research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $15.00.

MasterBrand Price Performance

MasterBrand stock opened at $9.59 on Thursday. The business’s 50 day simple moving average is $11.85 and its 200 day simple moving average is $12.07. MasterBrand, Inc. has a 12 month low of $9.31 and a 12 month high of $14.23. The company has a market cap of $1.22 billion, a price-to-earnings ratio of 47.95 and a beta of 1.54. The company has a current ratio of 1.67, a quick ratio of 1.03 and a debt-to-equity ratio of 0.72.

MasterBrand (NYSE:MBC) last issued its earnings results on Tuesday, February 10th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.16). The firm had revenue of $644.60 million during the quarter, compared to the consensus estimate of $607.60 million. MasterBrand had a net margin of 0.98% and a return on equity of 8.54%. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.22 earnings per share. 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.