MasterBrand, Inc. $MBC Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System cut its position in shares of MasterBrand, Inc. (NYSE:MBC) by 89.1% during the first quarter, Holdings Channel.com reports. The firm owned 17,010 shares of the company’s stock after selling 138,861 shares during the quarter. New York State Teachers Retirement System’s holdings in MasterBrand were worth $141,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of MasterBrand by 696.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,012 shares of the company’s stock valued at $33,000 after buying an additional 2,634 shares during the period. IFP Advisors Inc raised its position in shares of MasterBrand by 124.4% during the 4th quarter. IFP Advisors Inc now owns 3,510 shares of the company’s stock valued at $39,000 after buying an additional 1,946 shares during the period. Clearstead Advisors LLC raised its position in shares of MasterBrand by 165.2% during the 4th quarter. Clearstead Advisors LLC now owns 4,228 shares of the company’s stock valued at $47,000 after buying an additional 2,634 shares during the period. CIBC Private Wealth Group LLC lifted its holdings in MasterBrand by 58.8% in the third quarter. CIBC Private Wealth Group LLC now owns 5,812 shares of the company’s stock valued at $77,000 after acquiring an additional 2,153 shares during the last quarter. Finally, McMillan Office Inc. acquired a new position in MasterBrand in the fourth quarter valued at approximately $85,000. 87.32% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at MasterBrand

In related news, Director David D. Petratis acquired 11,587 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was purchased at an average price of $8.82 per share, with a total value of $102,197.34. Following the transaction, the director owned 69,915 shares of the company’s stock, valued at approximately $616,650.30. This trade represents a 19.87% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Bruce Alan Kendrick sold 26,245 shares of MasterBrand stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $9.02, for a total transaction of $236,729.90. Following the completion of the sale, the executive vice president owned 241,665 shares of the company’s stock, valued at $2,179,818.30. This trade represents a 9.80% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders acquired 81,587 shares of company stock worth $696,347. 2.80% of the stock is owned by company insiders.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded MasterBrand from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 20th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

MasterBrand Trading Up 1.1%

NYSE MBC opened at $8.90 on Wednesday. The firm’s 50-day moving average is $8.57 and its two-hundred day moving average is $9.72. MasterBrand, Inc. has a 12 month low of $6.61 and a 12 month high of $14.22. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.08 and a quick ratio of 1.31. The stock has a market capitalization of $1.14 billion, a P/E ratio of -445.03 and a beta of 1.38.

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

About MasterBrand

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.