MasterBrand, Inc. $MBC Stock Position Raised by Nixon Capital LLC

Nixon Capital LLC increased its position in shares of MasterBrand, Inc. (NYSE:MBC) by 40.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,230,596 shares of the company’s stock after acquiring an additional 352,489 shares during the period. MasterBrand comprises 4.9% of Nixon Capital LLC’s investment portfolio, making the stock its 10th biggest position. Nixon Capital LLC’s holdings in MasterBrand were worth $16,207,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of MBC. Mather Group LLC. purchased a new stake in MasterBrand during the third quarter worth about $28,000. GAMMA Investing LLC grew its holdings in shares of 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 purchasing an additional 1,123 shares in 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 purchasing an additional 1,247 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in MasterBrand by 61.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 4,357 shares of the company’s stock worth $48,000 after buying an additional 1,655 shares during the period. Finally, Allworth Financial LP lifted its holdings in MasterBrand by 1,543.7% during the 2nd quarter. Allworth Financial LP now owns 6,361 shares of the company’s stock worth $70,000 after buying an additional 5,974 shares in the last quarter. 87.32% of the stock is owned by institutional investors and hedge funds.

MasterBrand Trading Up 5.4%

Shares of MasterBrand stock opened at $12.27 on Monday. The company has a current ratio of 1.87, a quick ratio of 1.13 and a debt-to-equity ratio of 0.69. The company has a fifty day simple moving average of $11.08 and a 200-day simple moving average of $11.97. The stock has a market cap of $1.55 billion, a price-to-earnings ratio of 19.16 and a beta of 1.46. MasterBrand, Inc. has a 12-month low of $9.33 and a 12-month high of $18.15.

MasterBrand (NYSE:MBC) last announced its quarterly earnings results on Tuesday, June 13th. The company reported $0.40 earnings per share for the quarter. The firm had revenue of $777.10 million during the quarter. MasterBrand had a net margin of 3.00% and a return on equity of 10.88%. MasterBrand has set its FY 2025 guidance at 1.010-1.130 EPS.

Wall Street Analysts Forecast Growth

Several brokerages have commented on MBC. Wall Street Zen cut shares of MasterBrand from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of MasterBrand in a report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, MasterBrand currently has a consensus rating of “Hold” and a consensus target price of $15.00.

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.