Pictet Asset Management Holding SA Trims Stock Holdings in MasterBrand, Inc. $MBC

Pictet Asset Management Holding SA reduced its holdings in shares of MasterBrand, Inc. (NYSE:MBC) by 17.3% in the first quarter, according to its most recent filing with the SEC. The fund owned 451,584 shares of the company’s stock after selling 94,218 shares during the period. Pictet Asset Management Holding SA owned about 0.35% of MasterBrand worth $3,753,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. EMG Holdings L.P. bought a new position in shares of MasterBrand in the third quarter worth about $2,174,000. SG Americas Securities LLC lifted its holdings in MasterBrand by 6,255.0% during the 4th quarter. SG Americas Securities LLC now owns 737,874 shares of the company’s stock valued at $8,146,000 after buying an additional 726,263 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in MasterBrand by 353.2% during 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 in the last quarter. UBS Group AG boosted 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 during the period. Finally, Nixon Capital LLC boosted its position in MasterBrand by 15.2% in the 4th quarter. Nixon Capital LLC now owns 1,418,163 shares of the company’s stock valued at $15,657,000 after buying an additional 187,567 shares during the period. Hedge funds and other institutional investors own 87.32% of the company’s stock.

MasterBrand Price Performance

Shares of MBC stock opened at $9.87 on Friday. MasterBrand, Inc. has a twelve month low of $6.61 and a twelve month high of $14.22. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of -493.45 and a beta of 1.38. The stock has a fifty day simple moving average of $8.59 and a two-hundred day simple moving average of $9.85. 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 announced 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 firm had revenue of $618.00 million for 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 business’s revenue for the quarter was down 6.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.18 earnings per share. MasterBrand has set its Q2 2026 guidance at 0.030-0.13 EPS.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of MasterBrand from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 20th. One analyst has rated the stock with a Sell rating, According to MarketBeat, MasterBrand currently has an average rating of “Sell”.

Insider Activity at MasterBrand

In other MasterBrand news, Director Philip D. Fracassa bought 5,000 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were acquired at an average price of $9.11 per share, with a total value of $45,550.00. Following the transaction, the director owned 45,041 shares of the company’s stock, valued at approximately $410,323.51. This trade represents a 12.49% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Bruce Alan Kendrick sold 26,245 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $9.02, for a total transaction 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 $2,179,818.30. The trade was a 9.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders purchased 81,587 shares of company stock worth $696,347 over the last quarter. Corporate insiders own 2.04% of the company’s stock.

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.