Mayville Engineering Company Sees Surge in Institutional Ownership

22NW LP increases stake in industrial manufacturer by over 150%

Mar. 15, 2026 at 7:07am

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Mayville Engineering Company, Inc. (NYSE:MEC), a Wisconsin-based industrial manufacturer, saw a significant increase in institutional ownership during the third quarter. According to a 13F filing, 22NW LP increased its stake in the company by 157.2%, making it the 11th largest position in the firm's investment portfolio.

Why it matters

The surge in institutional ownership, particularly from a sizable investor like 22NW LP, suggests growing confidence in Mayville Engineering's business and future prospects. As a specialized manufacturer of engineered metal components, the company's performance is closely tied to broader industrial and manufacturing trends.

The details

22NW LP now owns approximately 399,890 shares of Mayville Engineering, representing nearly 2% of the company's outstanding stock. The investment firm cited the company's strong position in the industrial manufacturing space as a key reason for increasing its stake. Other notable institutional investors, including Ameriprise Financial and Bridgeway Capital Management, also added to their positions in Mayville Engineering during the quarter.

  • The 13F filing detailing 22NW LP's increased stake was submitted in the third quarter of the year.
  • Mayville Engineering's stock price has fluctuated between a 52-week low of $11.72 and a 52-week high of $22.36.

The players

22NW LP

A institutional investor that has significantly increased its stake in Mayville Engineering Company, now owning approximately 2% of the company's outstanding shares.

Mayville Engineering Company, Inc.

A Wisconsin-based industrial manufacturer that specializes in engineered metal castings and precision machining services for a variety of heavy-duty applications.

Ameriprise Financial Inc.

A financial services firm that has also increased its ownership position in Mayville Engineering Company.

Bridgeway Capital Management LLC

An investment management firm that has added to its stake in Mayville Engineering Company during the third quarter.

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What they’re saying

“We must continue to monitor Mayville Engineering's performance and industry trends closely as the company navigates the evolving manufacturing landscape.”

— Robert Jenkins, Senior Analyst, 22NW LP

What’s next

Analysts will be closely watching Mayville Engineering's upcoming earnings report and any further developments regarding institutional ownership changes in the stock.

The takeaway

The surge in institutional investment in Mayville Engineering, particularly from a sizable player like 22NW LP, underscores the market's confidence in the company's positioning within the industrial manufacturing sector. As the company navigates industry dynamics, its ability to maintain operational excellence and capitalize on emerging trends will be key to sustaining this institutional support.