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Monro (MNRO) 8.33% stake disclosed by Gabelli investor group

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Monro, Inc. received an amended Schedule 13D from a group of Mario Gabelli–affiliated investment entities reporting a significant ownership position. The filing states they beneficially own 2,500,557 common shares, representing 8.33% of the 30,019,660 shares outstanding as reported in Monro’s Form 10-Q for the quarter ended December 27, 2025.

The largest holder is GAMCO Asset Management Inc. with 2,007,857 shares, or 6.69% of the company. Gabelli Funds LLC holds 321,500 shares (1.07%), Gabelli Foundation 90,000 (0.30%), MJG Associates 30,400 (0.10%), Mario Gabelli 800, and Teton Advisors 50,000 (0.17%).

The group reports using approximately $9,084,115 to purchase additional shares since the prior filing, mainly through client accounts. Detailed trade data show multiple purchases between late January and late February 2026 at prices generally around the high teens to low twenties per share. The filers chose the long-form Schedule 13D to support ongoing communications with Monro’s management while aligning with disclosure obligations.

Positive

  • None.

Negative

  • None.





If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


GAMCO INVESTORS, INC. ET AL
Signature:PETER D. GOLDSTEIN
Name/Title:CHIEF LEGAL OFFICER
Date:02/24/2026
GABELLI FUNDS LLC
Signature:DAVID GOLDMAN
Name/Title:GENERAL COUNSEL
Date:02/24/2026
GAMCO Asset Management Inc.
Signature:DOUGLAS R. JAMIESON
Name/Title:PRESIDENT
Date:02/24/2026
GABELLI FOUNDATION, INC.
Signature:DAVID GOLDMAN
Name/Title:ATTORNEY-IN-FACT
Date:02/24/2026
MJG ASSOCIATES, INC.
Signature:DAVID GOLDMAN
Name/Title:ATTORNEY-IN-FACT
Date:02/24/2026
Teton Advisors, LLC
Signature:DAVID GOLDMAN
Name/Title:COUNSEL
Date:02/24/2026
GGCP, INC.
Signature:DAVID GOLDMAN
Name/Title:ATTORNEY-IN-FACT
Date:02/24/2026
Associated Capital Group, Inc.
Signature:PETER D. GOLDSTEIN
Name/Title:CHIEF LEGAL OFFICER
Date:02/24/2026
GABELLI MARIO J
Signature:DAVID GOLDMAN
Name/Title:ATTORNEY-IN-FACT
Date:02/24/2026

FAQ

What ownership stake in Monro (MNRO) do the Gabelli-related entities report?

The Gabelli-related entities report beneficial ownership of 2,500,557 Monro shares, equal to 8.33% of the company’s outstanding common stock. This percentage is based on 30,019,660 shares outstanding, as disclosed in Monro’s Form 10-Q for the quarter ended December 27, 2025.

Which Gabelli entity holds the largest position in Monro (MNRO)?

GAMCO Asset Management Inc. holds the largest position, beneficially owning 2,007,857 Monro shares, or 6.69% of the outstanding stock. Other affiliates, including Gabelli Funds, Gabelli Foundation, MJG Associates, Teton Advisors, and Mario Gabelli personally, hold smaller portions of the overall 8.33% stake.

How much did the reporting persons spend acquiring additional Monro (MNRO) shares?

The reporting group states they used approximately $9,084,115 to buy additional Monro shares since the most recent filing. Most of this came from client accounts managed by GAMCO and Gabelli Funds, with smaller amounts from the Gabelli Foundation, MJG Associates, and Mario Gabelli’s personal funds.

Over what period did the recent Monro (MNRO) share transactions occur?

The transaction tables list numerous trades between January 29, 2026 and February 23, 2026. During this period, various Gabelli-affiliated entities bought Monro shares at prices generally in the $18–$23 range, modestly adjusting their overall position.

Why did the Gabelli group file a long-form Schedule 13D for Monro (MNRO)?

The filing states the group chose the long-form Schedule 13D even though a short-form Schedule 13G might be available. They explain this format supports regular communications with Monro’s management while ensuring compliance with Section 13 reporting obligations under the Securities Exchange Act.

How is voting and dispositive power over Monro (MNRO) shares structured among the filers?

The filing explains each reporting entity generally has sole voting and dispositive power over its reported shares, often on behalf of investment clients or funds. It notes exceptions, such as limited voting authority for certain GAMCO-managed shares and fund proxy committees that can assume voting power in specific circumstances.

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