Weiss Asset Management LP Has $1.08 Million Stock Holdings in MasterBrand, Inc. $MBC

Weiss Asset Management LP trimmed its holdings in shares of MasterBrand, Inc. (NYSE:MBC) by 70.2% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 130,517 shares of the company’s stock after selling 307,502 shares during the period. Weiss Asset Management LP’s holdings in MasterBrand were worth $1,085,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. SG Americas Securities LLC boosted its position in shares of MasterBrand by 6,255.0% during the 4th quarter. SG Americas Securities LLC now owns 737,874 shares of the company’s stock worth $8,146,000 after purchasing an additional 726,263 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of MasterBrand by 353.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 695,128 shares of the company’s stock valued at $9,155,000 after buying an additional 541,748 shares during the period. Paradigm Capital Management Inc. NY increased its position in MasterBrand by 85.9% in the 1st quarter. Paradigm Capital Management Inc. NY now owns 1,082,091 shares of the company’s stock valued at $8,992,000 after buying an additional 500,091 shares in the last quarter. UBS Group AG increased its position in MasterBrand by 156.1% in the 4th quarter. UBS Group AG now owns 1,388,884 shares of the company’s stock valued at $15,333,000 after buying an additional 846,519 shares in the last quarter. Finally, Nixon Capital LLC raised its stake in MasterBrand by 15.2% during the 4th quarter. Nixon Capital LLC now owns 1,418,163 shares of the company’s stock worth $15,657,000 after buying an additional 187,567 shares during the period. 87.32% of the stock is owned by institutional investors.

Insider Activity at MasterBrand

In related news, EVP Bruce Alan Kendrick sold 26,245 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $9.02, for a total value of $236,729.90. Following the completion of the sale, the executive vice president directly owned 241,665 shares of the company’s stock, valued at approximately $2,179,818.30. This represents a 9.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Philip D. Fracassa purchased 5,000 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was bought at an average cost of $9.11 per share, with a total value of $45,550.00. Following the completion of the transaction, the director directly owned 45,041 shares in the company, valued at $410,323.51. The trade was a 12.49% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought 81,587 shares of company stock valued at $696,347 over the last 90 days. Corporate insiders own 2.80% of the company’s stock.

MasterBrand Stock Performance

MBC opened at $8.73 on Tuesday. 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 price-to-earnings ratio of -436.53 and a beta of 1.38. The company’s fifty day moving average price is $8.81 and its two-hundred day moving average price is $9.56. The company has a current ratio of 2.08, a quick ratio of 1.31 and a debt-to-equity ratio of 0.82.

MasterBrand (NYSE:MBC) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.10. The firm had revenue of $618.00 million during the quarter, compared to analysts’ expectations of $591.35 million. MasterBrand had a negative net margin of 0.07% and a positive return on equity of 7.35%. The business’s revenue was down 6.4% on a year-over-year basis. During the same period last year, the company earned $0.18 earnings per share. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

Analysts Set New Price Targets

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

MasterBrand 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.