653,038 MasterBrand, Inc. $MBC Shares Sold by Cooke & Bieler LP

Cooke & Bieler LP lessened its holdings in shares of MasterBrand, Inc. (NYSE:MBC) by 25.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,898,489 shares of the company’s stock after selling 653,038 shares during the period. Cooke & Bieler LP owned 0.93% of MasterBrand worth $13,289,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the stock. Axiom Investment Management LLC acquired a new stake in shares of MasterBrand in the first quarter valued at about $29,000. Integrated Wealth Concepts LLC bought a new position in MasterBrand during the 2nd quarter worth approximately $38,000. Nykredit A S bought a new position in MasterBrand during the 2nd quarter worth approximately $40,000. Trust Co. of Vermont acquired a new position in shares of MasterBrand in the 2nd quarter worth approximately $64,000. Finally, Kinetic Wealth Investment Advisors LLC acquired a new position in shares of MasterBrand in the 2nd quarter worth approximately $107,000. Institutional investors own 87.32% of the company’s stock.

MasterBrand Stock Up 1.0%

Shares of NYSE:MBC opened at $6.75 on Thursday. The business’s 50-day moving average is $7.62 and its 200-day moving average is $8.31. MasterBrand, Inc. has a 1 year low of $6.17 and a 1 year high of $13.95. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of -9.79 and a beta of 1.48. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.76 and a quick ratio of 1.04.

MasterBrand (NYSE:MBC) last issued 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). MasterBrand had a positive return on equity of 3.65% and a negative net margin of 3.49%. The business had revenue of $815.20 million during the quarter, compared to the consensus estimate of $743.05 million. During the same quarter in the previous year, the firm posted $0.40 earnings per share. The company’s revenue for the quarter 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 Activity

In other news, EVP Kurt Wanninger sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $9.22, for a total transaction of $461,000.00. Following the completion of the sale, the executive vice president owned 201,199 shares of the company’s stock, valued at $1,855,054.78. This trade represents a 19.90% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 2.80% of the company’s stock.

Analyst Ratings Changes

MBC has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of MasterBrand in a research note on Friday, October 9th. DA Davidson initiated coverage on shares of MasterBrand in a research note on Monday, August 24th. They set a “neutral” rating and a $10.00 target price for the company. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $10.00.

MasterBrand Profile

MasterBrand, Inc (NYSE:MBC) is a manufacturer of residential cabinetry and related products. The company designs and produces cabinets for kitchens, bathrooms, home offices, living areas and other spaces, serving both new construction and remodeling markets.

MasterBrand offers a range of cabinet styles, materials, finishes and price points through a portfolio of brands that includes Aristokraft, Cabinetry by Karman, Decora, Diamond, Homecrest, Kemper, Mantra, Omega and Schrock. Its products are sold through home improvement and specialty retailers, independent dealers, builders and other trade customers.

The company is based in Jasper, Indiana, and serves customers primarily in the United States and Canada.