Mayville Engineering (NYSE:MEC) Cut to “Hold” at Northland Capmk

Northland Capmk cut shares of Mayville Engineering (NYSE:MEC) from a strong-buy rating to a hold rating in a research note issued to investors on Monday,Zacks.com reports. Northland Capmk also issued estimates for Mayville Engineering’s Q4 2025 earnings at ($0.23) EPS, FY2025 earnings at ($0.41) EPS, FY2026 earnings at ($0.45) EPS, FY2027 earnings at ($0.14) EPS, FY2028 earnings at $0.13 EPS and FY2029 earnings at $0.32 EPS.

Other equities analysts have also issued research reports about the company. Northland Securities lowered Mayville Engineering from an “outperform” rating to a “market perform” rating and set a $20.00 price target on the stock. in a research note on Monday. Craig Hallum set a $24.00 target price on Mayville Engineering and gave the company a “buy” rating in a research report on Tuesday, October 21st. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Mayville Engineering in a research note on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Mayville Engineering has an average rating of “Moderate Buy” and an average price target of $22.00.

Mayville Engineering Stock Down 0.4%

MEC stock opened at $17.71 on Monday. Mayville Engineering has a 52 week low of $11.72 and a 52 week high of $19.77. The business has a 50-day simple moving average of $17.39 and a 200 day simple moving average of $15.81. The company has a quick ratio of 1.04, a current ratio of 1.82 and a debt-to-equity ratio of 0.87. The company has a market cap of $359.87 million, a PE ratio of 30.54 and a beta of 1.08.

Mayville Engineering (NYSE:MEC) last issued its earnings results on Tuesday, November 4th. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.05 by $0.05. The company had revenue of $144.31 million during the quarter, compared to analysts’ expectations of $141.36 million. Mayville Engineering had a net margin of 2.29% and a return on equity of 5.88%. Sell-side analysts anticipate that Mayville Engineering will post 0.31 EPS for the current fiscal year.

Insider Activity at Mayville Engineering

In other Mayville Engineering news, EVP Ryan F. Raber sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $16.68, for a total transaction of $250,200.00. Following the sale, the executive vice president directly owned 91,018 shares of the company’s stock, valued at $1,518,180.24. The trade was a 14.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Steven L. Fisher sold 10,000 shares of the firm’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $19.11, for a total value of $191,100.00. Following the transaction, the director owned 30,482 shares of the company’s stock, valued at $582,511.02. This trade represents a 24.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 7.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On Mayville Engineering

Hedge funds have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. lifted its stake in Mayville Engineering by 894.2% in the third quarter. Ameriprise Financial Inc. now owns 394,161 shares of the company’s stock valued at $5,424,000 after buying an additional 354,514 shares during the period. Blair William & Co. IL lifted its position in shares of Mayville Engineering by 304.8% during the 2nd quarter. Blair William & Co. IL now owns 373,448 shares of the company’s stock valued at $5,960,000 after acquiring an additional 281,198 shares during the period. 22NW LP lifted its position in shares of Mayville Engineering by 157.2% during the 3rd quarter. 22NW LP now owns 399,890 shares of the company’s stock valued at $5,502,000 after acquiring an additional 244,440 shares during the period. Boston Partners bought a new position in Mayville Engineering during the third quarter worth $2,727,000. Finally, Roubaix Capital LLC grew its holdings in Mayville Engineering by 110.3% in the third quarter. Roubaix Capital LLC now owns 212,688 shares of the company’s stock worth $2,927,000 after purchasing an additional 111,550 shares during the period. 45.44% of the stock is currently owned by institutional investors.

Trending Headlines about Mayville Engineering

Here are the key news stories impacting Mayville Engineering this week:

• Neutral Sentiment: Consensus context: sell-side consensus still projects ~ $0.31 EPS for the current full year, which contrasts with Northland’s much lower multi-year outlook and helps explain investor caution.
• Negative Sentiment: Northland cut Mayville’s Q4 2025 estimate to ($0.23) from ($0.15) and pushed down FY2025–FY2026 estimates (FY2025 to ($0.41) from ($0.33); FY2026 to ($0.45) from ($0.21)), signaling a weaker near-term profit profile. Northland Securities Downgrades Mayville Engineering (NYSE:MEC) to Market Perform
• Negative Sentiment: Northland also cut medium- and long-term forecasts (FY2027 to ($0.14) from $0.23; FY2028 to $0.13 from $0.36; FY2029 to $0.32 from $0.47), reducing expectations for the company’s recovery and upside over the next several years. Research note (summary)
• Negative Sentiment: Rating change: Northland moved Mayville from a prior “strong-buy” to “hold” / “market perform,” removing a favorable endorsement that could reduce demand from recommended-buy investors and funds. Zacks coverage of the downgrade TickerReport coverage

Mayville Engineering Company Profile

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.