First Trust Advisors LP Buys 126,902 Shares of MasterBrand, Inc. $MBC

First Trust Advisors LP increased its stake in MasterBrand, Inc. (NYSE:MBC) by 49.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 382,812 shares of the company’s stock after purchasing an additional 126,902 shares during the period. First Trust Advisors LP’s holdings in MasterBrand were worth $3,181,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of MBC. Northwestern Mutual Wealth Management Co. increased its holdings in 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 lifted its holdings in shares of MasterBrand by 124.4% during the 4th 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 period. Clearstead Advisors LLC lifted its holdings in shares of MasterBrand by 165.2% during the 4th 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 period. CIBC Private Wealth Group LLC boosted its position in shares of MasterBrand by 58.8% during the 3rd 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 in the last quarter. Finally, McMillan Office Inc. acquired a new stake in shares of MasterBrand during the 4th quarter worth approximately $85,000. Institutional investors and hedge funds own 87.32% of the company’s stock.

MasterBrand Price Performance

MBC stock opened at $9.02 on Friday. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of -13.07 and a beta of 1.44. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.76 and a quick ratio of 1.31. The company has a 50 day simple moving average of $8.94 and a 200 day simple moving average of $9.36. MasterBrand, Inc. has a 1 year low of $6.61 and a 1 year high of $14.22.

MasterBrand (NYSE:MBC) last posted its earnings results on Tuesday, August 4th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.05). The company had revenue of $815.20 million for the quarter, compared to the consensus estimate of $743.05 million. MasterBrand had a positive return on equity of 3.65% and a negative net margin of 3.49%.The business’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.40 EPS. MasterBrand has set its Q3 2026 guidance at -0.050-0.030 EPS.

Insider Activity at MasterBrand

In other news, CFO Andrea Helen Simon bought 5,000 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was purchased at an average cost of $8.56 per share, for a total transaction of $42,800.00. Following the completion of the transaction, the chief financial officer owned 497,341 shares of the company’s stock, valued at $4,257,238.96. This trade represents a 1.02% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Bruce Alan Kendrick sold 26,245 shares of the stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $9.02, for a total value of $236,729.90. Following the completion of the transaction, the executive vice president owned 241,665 shares of the company’s stock, valued at $2,179,818.30. This represents a 9.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have acquired a total of 81,587 shares of company stock worth $696,347 over the last 90 days. 2.80% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on MBC. Weiss Ratings restated a “sell (d)” rating on shares of MasterBrand in a research report on Monday, July 13th. Wall Street Zen raised MasterBrand from a “strong sell” rating to a “sell” rating in a report on Saturday, June 20th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average 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.