Pzena Investment Management LLC reduced its position in shares of MasterBrand, Inc. (NYSE:MBC – Free Report) by 8.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 3,785,921 shares of the company’s stock after selling 337,133 shares during the period. Pzena Investment Management LLC’s holdings in MasterBrand were worth $41,797,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MBC. IFP Advisors Inc boosted its stake in 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 purchasing an additional 1,946 shares in the last quarter. Parkside Financial Bank & Trust boosted its stake in MasterBrand by 18.8% during the 3rd quarter. Parkside Financial Bank & Trust now owns 5,178 shares of the company’s stock valued at $68,000 after purchasing an additional 821 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in MasterBrand by 26.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 5,579 shares of the company’s stock valued at $76,000 after purchasing an additional 1,177 shares in the last quarter. CIBC Private Wealth Group LLC boosted its stake in MasterBrand by 58.8% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 5,812 shares of the company’s stock valued at $77,000 after purchasing an additional 2,153 shares in the last quarter. Finally, Xponance Inc. bought a new stake in shares of MasterBrand during the 3rd quarter worth $132,000. 87.32% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on the company. Wall Street Zen lowered MasterBrand from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Weiss Ratings lowered MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a research note on Tuesday, February 17th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, MasterBrand currently has a consensus rating of “Sell”.
MasterBrand Stock Performance
MBC opened at $7.63 on Friday. The firm has a market cap of $975.89 million, a PE ratio of -381.06 and a beta of 1.54. The company has a quick ratio of 1.31, a current ratio of 2.08 and a debt-to-equity ratio of 0.82. The business has a fifty day simple moving average of $8.23 and a 200-day simple moving average of $10.27. MasterBrand, Inc. has a fifty-two week low of $6.61 and a fifty-two week high of $14.22.
MasterBrand (NYSE:MBC – Get Free Report) last released its quarterly earnings data 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. The business had revenue of $618.00 million during the quarter, compared to analyst estimates of $591.35 million. MasterBrand had a positive return on equity of 7.35% and a negative net margin of 0.07%.The company’s revenue was down 6.4% compared to the same quarter last year. During the same period last year, the company posted $0.18 EPS. 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.
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