EVR Research LP Makes New $11.33 Million Investment in Mayville Engineering Company, Inc. $MEC

Posted by Brenda Bartman on Jun 18th, 2026

EVR Research LP purchased a new position in shares of Mayville Engineering Company, Inc. (NYSE:MEC – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 605,000 shares of the company’s stock, valued at approximately $11,326,000. Mayville Engineering accounts for approximately 6.1% of EVR Research LP’s investment portfolio, making the stock its 5th biggest holding.

Other large investors also recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its stake in shares of Mayville Engineering by 109.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,751 shares of the company’s stock worth $38,000 after purchasing an additional 1,435 shares during the period. Clearstead Advisors LLC lifted its stake in shares of Mayville Engineering by 194.9% during the 4th quarter. Clearstead Advisors LLC now owns 2,094 shares of the company’s stock worth $39,000 after purchasing an additional 1,384 shares during the period. State of Alaska Department of Revenue purchased a new position in shares of Mayville Engineering during the 4th quarter worth $73,000. Picton Mahoney Asset Management purchased a new position in shares of Mayville Engineering during the 4th quarter worth $109,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of Mayville Engineering by 20.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,936 shares of the company’s stock worth $127,000 after purchasing an additional 1,359 shares during the period. Hedge funds and other institutional investors own 45.44% of the company’s stock.

Mayville Engineering Trading Down 5.2%

Shares of MEC opened at $33.31 on Thursday. The company has a current ratio of 1.64, a quick ratio of 0.91 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $682.50 million, a P/E ratio of -41.64 and a beta of 1.29. The stock’s fifty day simple moving average is $25.92 and its 200 day simple moving average is $21.37. Mayville Engineering Company, Inc. has a twelve month low of $12.10 and a twelve month high of $36.50.

Mayville Engineering (NYSE:MEC – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The company reported ($0.15) EPS for the quarter, beating the consensus estimate of ($0.28) by $0.13. Mayville Engineering had a negative return on equity of 5.77% and a negative net margin of 2.93%.The company had revenue of $144.78 million for the quarter, compared to analyst estimates of $139.18 million. On average, equities research analysts forecast that Mayville Engineering Company, Inc. will post -0.14 earnings per share for the current year.

Insider Buying and Selling at Mayville Engineering

In other Mayville Engineering news, SVP Craig D. Nichols sold 4,000 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $23.24, for a total value of $92,960.00. Following the transaction, the senior vice president directly owned 146 shares of the company’s stock, valued at $3,393.04. This trade represents a 96.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Ryan F. Raber sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $26.00, for a total value of $520,000.00. Following the completion of the transaction, the executive vice president directly owned 86,970 shares in the company, valued at $2,261,220. This trade represents a 18.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 80,726 shares of company stock valued at $2,311,768 over the last three months. 5.60% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on MEC. Weiss Ratings lowered Mayville Engineering from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, March 5th. Zacks Research raised Mayville Engineering from a “strong sell” rating to a “hold” rating in a research report on Friday, March 6th. Northland Securities set a $30.00 target price on Mayville Engineering in a research report on Thursday, May 7th. DA Davidson increased their target price on Mayville Engineering from $23.00 to $32.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Finally, Citigroup increased their target price on Mayville Engineering from $25.00 to $33.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $29.75.

Get Our Latest Analysis on MEC

Mayville Engineering Company Profile

(Free Report)

Mayville Engineering Company, Inc (NYSE:MEC) is a U.S.-based industrial manufacturer specializing in engineered metal castings and precision machining services. Headquartered in Mayville, Wisconsin, the company leverages over a century of casting experience to design, produce and finish complex metal components for a broad range of heavy-duty applications.

The company operates two principal business segments: iron castings and steel castings. Its iron segment utilizes green sand and lost-foam molding processes to produce gray and ductile iron components, while the steel segment employs electric-arc furnace technology to manufacture high-strength steel castings.