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

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

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

MasterBrand Price Performance

Shares of NYSE MBC opened at $8.74 on Friday. 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 fifty day moving average price of $8.27 and a 200 day moving average price of $10.15. MasterBrand, Inc. has a 1-year low of $6.61 and a 1-year high of $14.22. The company has a market cap of $1.12 billion, a PE ratio of -436.78 and a beta of 1.54.

MasterBrand (NYSE:MBC) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.10. MasterBrand had a positive return on equity of 7.35% and a negative net margin of 0.07%.The firm had revenue of $618.00 million during the quarter, compared to the consensus estimate of $591.35 million. During the same period last year, the company earned $0.18 earnings per share. The company’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.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on MBC shares. Weiss Ratings downgraded MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a report on Tuesday, February 17th. Wall Street Zen downgraded MasterBrand from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, MasterBrand presently has a consensus rating of “Sell”.

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.