Cerity Partners LLC Has $169,000 Holdings in MasterBrand, Inc. (NYSE:MBC) (2025)

Posted by Defense World Staff on Apr 26th, 2025

Cerity Partners LLC decreased its position in MasterBrand, Inc. (NYSE:MBC – Free Report) by 23.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,565 shares of the company’s stock after selling 3,547 shares during the quarter. Cerity Partners LLC’s holdings in MasterBrand were worth $169,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in MBC. Barclays PLC boosted its position in shares of MasterBrand by 262.4% in the third quarter. Barclays PLC now owns 234,160 shares of the company’s stock valued at $4,341,000 after acquiring an additional 169,550 shares during the period. Sanctuary Advisors LLC bought a new stake in MasterBrand in the 3rd quarter valued at about $458,000. Franklin Resources Inc. grew its position in shares of MasterBrand by 2.3% during the 3rd quarter. Franklin Resources Inc. now owns 82,457 shares of the company’s stock worth $1,491,000 after purchasing an additional 1,865 shares in the last quarter. Hennessy Advisors Inc. increased its holdings in shares of MasterBrand by 6.8% during the fourth quarter. Hennessy Advisors Inc. now owns 549,900 shares of the company’s stock worth $8,034,000 after purchasing an additional 35,100 shares during the period. Finally, Wedge Capital Management L L P NC raised its position in shares of MasterBrand by 10.7% in the fourth quarter. Wedge Capital Management L L P NC now owns 77,896 shares of the company’s stock valued at $1,138,000 after buying an additional 7,515 shares in the last quarter. Institutional investors own 87.32% of the company’s stock.

Insiders Place Their Bets

In related news, Director Robert Crisci purchased 20,000 shares of the firm’s stock in a transaction dated Friday, February 28th. The shares were purchased at an average cost of $14.08 per share, for a total transaction of $281,600.00. Following the completion of the transaction, the director now directly owns 66,435 shares in the company, valued at approximately $935,404.80. This represents a 43.07 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Juliana L. Chugg bought 6,989 shares of the firm’s stock in a transaction on Monday, February 24th. The stock was acquired at an average price of $14.17 per share, for a total transaction of $99,034.13. Following the completion of the purchase, the director now directly owns 33,424 shares in the company, valued at approximately $473,618.08. The trade was a 26.44 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.38% of the stock is currently owned by corporate insiders.

MasterBrand Stock Performance

Shares of MBC opened at $11.85 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.02 and a current ratio of 1.65. MasterBrand, Inc. has a 52-week low of $10.84 and a 52-week high of $20.67. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 12.22 and a beta of 1.70. The business’s fifty day moving average is $12.97 and its 200-day moving average is $15.46.

MasterBrand (NYSE:MBC – Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.17). MasterBrand had a return on equity of 13.89% and a net margin of 4.66%. The company had revenue of $667.70 million for the quarter, compared to analyst estimates of $722.85 million.

MasterBrand announced that its board has authorized a share buyback program on Monday, March 17th that permits the company to buyback $50.00 million in shares. This buyback authorization permits the company to purchase up to 2.9% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on MBC. Zelman & Associates reiterated an “underperform” rating on shares of MasterBrand in a research report on Monday, April 14th. Loop Capital reduced their price objective on shares of MasterBrand from $21.00 to $19.00 and set a “buy” rating on the stock in a research note on Wednesday, February 19th.

MasterBrand Profile

(Free Report)

MasterBrand, Inc engages in the manufacture and sale of residential cabinets in the United States and Canada. The company offers a range of residential cabinetry products for the kitchen, bathroom, and other parts of the home. It sells its products to remodeling and new construction markets through dealers, retailers, and builders.