Mayville Engineering Company, Inc. (MEC)

Over the past six months, MEC's stock has experienced notable events and performance. The stock price increased by 12.36% in the last 12 months but decreased by 3.88% in the past month. As of early February 2026, the stock price was around $20.69, having risen by 2.43% on February 5, 2026, and by 10.81% over the preceding two weeks. Key events include the acquisition of Accu-Fab, which aimed to diversify into high-growth end markets. Following weak second-quarter results, D.A. Davidson lowered its price target for MEC. MEC reported third-quarter 2025 results with a year-over-year increase driven by the Accu-Fab acquisition, but organic net sales declined due to lower customer demand in legacy markets. Mayville Engineering insiders sold $441,300.00 in company stock, while no insider buying was reported during this period.

Mayville Engineering Co., Inc. experiences demand seasonality, particularly in its legacy markets. The company anticipates normal seasonality in the fourth quarter, which typically includes reduced manufacturing days due to holidays. MEC has faced persistent demand challenges across its legacy end markets, with lower customer demand in key sectors like Commercial Vehicle and Agriculture leading to a significant decline in organic net sales. The acquisition of Accu-Fab is aimed at diversifying into high-growth sectors to offset this organic weakness.

Mayville Engineering Co., Inc. (MEC) is a leading U.S.-based, vertically integrated, value-added manufacturing partner operating in the Producer Manufacturing sector, specifically in the Industrial Machinery industry. MEC provides comprehensive manufacturing solutions, including design, prototyping, tooling, fabrication, aluminum extrusion, coating, assembly, and aftermarket components, serving diverse end markets such as commercial vehicles, construction, powersports, agriculture, military, data centers, and critical power segments. MEC has been recognized as the nation's largest fabricator by The Fabricator Magazine for fifteen consecutive years.

MEC maintains an extensive geographic footprint exclusively within the continental United States, operating 20 to 26 facilities across seven states, totaling over 3,100,000 square feet of manufacturing space. Its headquarters are located in Mayville, Wisconsin, with a significant factory in Kerman, California, and an Eastern Hub near Spartanburg, South Carolina, enabling nationwide service and responsive solutions.

Mayville Engineering Co., Inc.'s brand reputation is reflected in its industry standing and internal employee sentiment. The company was named the #1 domestic fabricator by The Fabricator Magazine for the fifteenth consecutive year, highlighting its strong reputation within the manufacturing sector. Employee reviews present a mixed picture, with some praising the work environment while others express concerns about management practices, work-life balance, and job security.

Mayville Engineering Co., Inc. has a mixed ownership structure comprising institutional, retail, and individual investors. Approximately 33.12% to 45.44% of the company's stock is held by institutional investors, with major shareholders including Allspring Global Investments Holdings, LLC, BlackRock, Inc., Vanguard Group Inc, Dimensional Fund Advisors Lp, and Royce & Associates Lp. Insiders hold between 4.13% and 7.20% of the stock. Public companies and individual investors own approximately 62.74% of the stock.