Cullen Capital Management LLC Buys Shares of 65,046 MasterBrand, Inc. $MBC

Cullen Capital Management LLC bought a new stake in MasterBrand, Inc. (NYSE:MBC) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 65,046 shares of the company’s stock, valued at approximately $669,000. Cullen Capital Management LLC owned approximately 0.05% of MasterBrand at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in MBC. Pertento Partners LLP bought a new position in shares of MasterBrand in the 4th quarter valued at $42,835,000. Coliseum Capital Management LLC raised its holdings in shares of MasterBrand by 42.4% during the 4th quarter. Coliseum Capital Management LLC now owns 10,772,614 shares of the company’s stock worth $118,930,000 after buying an additional 3,209,323 shares in the last quarter. Cooke & Bieler LP bought a new stake in shares of MasterBrand during the 4th quarter worth $31,255,000. Monarch Alternative Capital LP bought a new stake in shares of MasterBrand during the 1st quarter worth $16,620,000. Finally, Stonehill Capital Management LLC boosted its stake in MasterBrand by 311.5% in the third quarter. Stonehill Capital Management LLC now owns 1,954,780 shares of the company’s stock valued at $25,744,000 after buying an additional 1,479,780 shares in the last quarter. Institutional investors own 87.32% of the company’s stock.

MasterBrand Stock Down 3.0%

Shares of NYSE:MBC opened at $9.04 on Wednesday. The company has a fifty day moving average of $9.06 and a 200-day moving average of $9.06. The company has a market capitalization of $1.84 billion, a PE ratio of -13.11 and a beta of 1.44. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.04 and a current ratio of 1.76. MasterBrand, Inc. has a 52-week low of $6.61 and a 52-week high of $14.22.

MasterBrand (NYSE:MBC) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.05). MasterBrand had a negative net margin of 3.49% and a positive return on equity of 3.65%. The firm had revenue of $815.20 million during the quarter, compared to the consensus estimate of $743.05 million. During the same quarter in the previous year, the company posted $0.40 earnings per share. The firm’s revenue was up 11.5% on a year-over-year basis. MasterBrand has set its Q3 2026 guidance at -0.050-0.030 EPS.

Insiders Place Their Bets

In other news, Director David D. Petratis purchased 11,587 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were purchased at an average cost of $8.82 per share, with a total value of $102,197.34. Following the completion of the purchase, the director owned 69,915 shares of the company’s stock, valued at $616,650.30. This trade represents a 19.87% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, CEO R David Banyard purchased 60,000 shares of MasterBrand stock in a transaction dated Monday, June 1st. The shares were purchased at an average price of $8.43 per share, for a total transaction of $505,800.00. Following the completion of the acquisition, the chief executive officer owned 1,831,788 shares of the company’s stock, valued at approximately $15,441,972.84. The trade was a 3.39% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have acquired 81,587 shares of company stock worth $696,347. Company insiders own 2.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on MBC shares. Weiss Ratings reiterated a “sell (d)” rating on shares of MasterBrand in a research report on Monday, July 13th. DA Davidson began coverage on shares of MasterBrand in a report on Monday. They issued a “neutral” rating and a $10.00 target price for the company. Finally, 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 investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $10.00.

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.