JPMorgan Chase & Co. Has $9.16 Million Holdings in MasterBrand, Inc. $MBC

JPMorgan Chase & Co. boosted its stake in MasterBrand, Inc. (NYSE:MBC) by 353.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 695,128 shares of the company’s stock after buying an additional 541,748 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.55% of MasterBrand worth $9,155,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of MBC. Royal Bank of Canada boosted its stake in shares of MasterBrand by 12.8% in the 1st quarter. Royal Bank of Canada now owns 55,615 shares of the company’s stock valued at $726,000 after purchasing an additional 6,298 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of MasterBrand by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 75,362 shares of the company’s stock worth $984,000 after purchasing an additional 3,292 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in MasterBrand by 4.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,517,294 shares of the company’s stock valued at $19,816,000 after purchasing an additional 59,879 shares during the last quarter. Jane Street Group LLC lifted its holdings in MasterBrand by 10.7% during the 1st quarter. Jane Street Group LLC now owns 357,305 shares of the company’s stock valued at $4,666,000 after purchasing an additional 34,422 shares during the last quarter. Finally, Intech Investment Management LLC boosted its position in MasterBrand by 71.1% in the first quarter. Intech Investment Management LLC now owns 119,325 shares of the company’s stock valued at $1,558,000 after buying an additional 49,578 shares in the last quarter. 87.32% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently issued reports on MBC shares. Weiss Ratings cut shares of MasterBrand from a “hold (c)” rating to a “sell (d+)” rating in a research note on Tuesday, February 17th. Wall Street Zen downgraded MasterBrand from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. One research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $15.00.

MasterBrand Trading Down 3.3%

Shares of NYSE MBC opened at $9.00 on Friday. MasterBrand, Inc. has a 1-year low of $8.73 and a 1-year high of $14.23. The company has a 50-day moving average of $11.77 and a two-hundred day moving average of $12.03. The company has a market cap of $1.15 billion, a PE ratio of 45.00 and a beta of 1.54. The company has a current ratio of 1.67, a quick ratio of 1.03 and a debt-to-equity ratio of 0.72.

MasterBrand (NYSE:MBC) last announced its earnings results on Tuesday, February 10th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.16). MasterBrand had a return on equity of 8.54% and a net margin of 0.98%.The company had revenue of $644.60 million for the quarter, compared to analyst estimates of $607.60 million. During the same quarter in the previous year, the company posted $0.22 earnings per share. MasterBrand’s revenue for the quarter was down 3.5% on a year-over-year basis. MasterBrand has set its FY 2026 guidance at -0.060-0.000 EPS.

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.