Sei Investments Co. boosted its position in MasterBrand, Inc. (NYSE:MBC – Free Report) by 20.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 378,361 shares of the company’s stock after purchasing an additional 63,758 shares during the period. Sei Investments Co.’s holdings in MasterBrand were worth $3,144,000 as of its most recent filing with the SEC.
Other institutional investors have also recently bought and sold shares of the company. ProShare Advisors LLC increased its stake in MasterBrand by 3.2% in the fourth quarter. ProShare Advisors LLC now owns 24,702 shares of the company’s stock valued at $273,000 after acquiring an additional 767 shares during the last quarter. Gamco Investors INC. ET AL lifted its stake in MasterBrand by 1.4% during the second quarter. Gamco Investors INC. ET AL now owns 88,754 shares of the company’s stock worth $970,000 after purchasing an additional 1,230 shares during the last quarter. Osaic Holdings Inc. lifted its stake in MasterBrand by 10.0% during the fourth quarter. Osaic Holdings Inc. now owns 15,543 shares of the company’s stock worth $172,000 after purchasing an additional 1,409 shares during the last quarter. Americana Partners LLC boosted its holdings in shares of MasterBrand by 10.3% in the 4th quarter. Americana Partners LLC now owns 17,566 shares of the company’s stock valued at $194,000 after purchasing an additional 1,647 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of MasterBrand by 15.2% in the 2nd quarter. Cetera Investment Advisers now owns 12,953 shares of the company’s stock valued at $142,000 after purchasing an additional 1,705 shares in the last quarter. Institutional investors and hedge funds own 87.32% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on MBC shares. Weiss Ratings reissued a “sell (d)” rating on shares of MasterBrand in a report on Monday, July 13th. Wall Street Zen raised MasterBrand from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 20th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.
MasterBrand Stock Up 4.1%
Shares of NYSE MBC opened at $9.37 on Friday. The company has a 50 day simple moving average of $8.96 and a 200 day simple moving average of $9.36. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.76 and a quick ratio of 1.31. MasterBrand, Inc. has a 1 year low of $6.61 and a 1 year high of $14.22. The firm has a market cap of $1.20 billion, a PE ratio of -13.57 and a beta of 1.44.
MasterBrand (NYSE:MBC – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.05). MasterBrand had a negative net margin of 3.49% and a positive return on equity of 3.65%. The business had revenue of $815.20 million during the quarter, compared to analyst estimates of $743.05 million. During the same quarter last year, the company posted $0.40 earnings per share. The company’s revenue was up 11.5% compared to the same quarter last year. MasterBrand has set its Q3 2026 guidance at -0.050-0.030 EPS.
Insider Buying and Selling
In related news, CEO R David Banyard bought 60,000 shares of the business’s stock in a transaction on Monday, June 1st. The shares were purchased at an average cost of $8.43 per share, with a total value of $505,800.00. Following the acquisition, the chief executive officer owned 1,831,788 shares of the company’s stock, valued at $15,441,972.84. This represents a 3.39% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Andrea Helen Simon purchased 5,000 shares of the firm’s stock in a transaction dated Thursday, June 4th. The stock was bought at an average cost of $8.56 per share, with a total value of $42,800.00. Following the purchase, the chief financial officer owned 497,341 shares of the company’s stock, valued at approximately $4,257,238.96. This trade represents a 1.02% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 81,587 shares of company stock valued at $696,347 over the last quarter. 2.80% of the stock is currently owned by company insiders.
MasterBrand Company 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.
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