MasterBrand (NYSE:MBC) Director Purchases $102,197.34 in Stock

MasterBrand, Inc. (NYSE:MBC) Director David Petratis acquired 11,587 shares of the firm’s stock in a transaction on Monday, June 8th. The shares were bought at an average cost of $8.82 per share, with a total value of $102,197.34. Following the completion of the transaction, the director directly owned 69,915 shares in the company, valued at $616,650.30. This trade represents a 19.87% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

MasterBrand Stock Up 4.3%

MasterBrand stock opened at $9.18 on Friday. The company has a current ratio of 2.08, a quick ratio of 1.31 and a debt-to-equity ratio of 0.82. The stock has a 50 day moving average of $8.35 and a two-hundred day moving average of $10.05. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of -458.87 and a beta of 1.48. MasterBrand, Inc. has a twelve month low of $6.61 and a twelve month high of $14.22.

MasterBrand (NYSE:MBC) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.10. The business had revenue of $618.00 million during the quarter, compared to analysts’ expectations 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 quarterly revenue was down 6.4% compared to the same quarter last year. During the same period last year, the firm earned $0.18 EPS. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

Analysts Set New Price Targets

Several research firms have recently commented on MBC. Weiss Ratings cut MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a report on Tuesday, February 17th. Wall Street Zen cut MasterBrand from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, MasterBrand currently has an average rating of “Sell”.

Hedge Funds Weigh In On MasterBrand

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Axiom Investment Management LLC acquired a new position in MasterBrand during the first quarter worth $29,000. Bank of America Corp DE raised its holdings in MasterBrand by 37.8% during the first quarter. Bank of America Corp DE now owns 506,110 shares of the company’s stock worth $4,206,000 after purchasing an additional 138,792 shares during the last quarter. Amundi raised its holdings in MasterBrand by 24.6% during the first quarter. Amundi now owns 17,972 shares of the company’s stock worth $149,000 after purchasing an additional 3,544 shares during the last quarter. California State Teachers Retirement System raised its holdings in MasterBrand by 34.5% during the first quarter. California State Teachers Retirement System now owns 165,489 shares of the company’s stock worth $1,375,000 after purchasing an additional 42,456 shares during the last quarter. Finally, Empowered Funds LLC raised its holdings in MasterBrand by 3.1% during the first quarter. Empowered Funds LLC now owns 476,219 shares of the company’s stock worth $3,957,000 after purchasing an additional 14,367 shares during the last quarter. 87.32% of the stock is owned by institutional investors and hedge funds.

MasterBrand Company 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.