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Gabelli funds now own 16.9% of Nobility Homes (NOBH) stock

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

Rhea-AI Filing Summary

Gabelli-affiliated investment entities have disclosed a larger stake in Nobility Homes Inc. common stock. They report beneficial ownership of 533,783 shares, or 16.93% of the 3,153,665 shares outstanding as noted in the company’s most recent Form 10‑K for the year ended November 1, 2025.

The increase reflects additional purchases and a reduction in Nobility Homes’ shares outstanding. Key holders include GAMCO Asset Management with 276,550 shares (8.77%), Gabelli Funds with 160,283 shares (5.08%), Teton Advisors with 94,950 shares (3.01%), and smaller positions at Gabelli Foundation and MJG Associates. The reporting group used approximately $651,127 to buy additional shares since their prior ownership report.

Positive

  • None.

Negative

  • None.

Insights

Gabelli entities now control about 16.9% of Nobility Homes, reflecting steady institutional accumulation.

The disclosure shows Gabelli Funds, GAMCO, Teton Advisors and related entities collectively beneficially own 533,783 Nobility Homes shares, or 16.93% of the 3,153,665 shares outstanding cited in the latest Form 10‑K. Purchases since the prior report totaled about $651,127, spread across multiple Gabelli-managed funds and accounts.

The largest single holder in the group is GAMCO Asset Management with 276,550 shares (8.77%), followed by Gabelli Funds with 160,283 shares (5.08%) and Teton Advisors with 94,950 shares (3.01%). The filing notes that part of the percentage increase stems from a decrease in Nobility Homes’ shares outstanding reported in the Form 10‑K dated January 30, 2026, in addition to new share purchases at prices around $28.70–$30.25.

Because this is an ownership disclosure rather than an operational or financial update, its direct impact is structural rather than earnings‑driven. It confirms continued institutional interest from Gabelli‑affiliated investors and clarifies voting and dispositive power arrangements across entities and funds; future company communications and ownership reports will show how this stake evolves over time.






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).






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SCHEDULE 13D


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

FAQ

How much of Nobility Homes (NOBH) do Gabelli-affiliated entities now own?

Gabelli-affiliated entities report beneficial ownership of 533,783 Nobility Homes shares, equal to 16.93% of the 3,153,665 shares outstanding cited in the latest Form 10‑K. This stake reflects both additional purchases and a reduction in the company’s shares outstanding.

Which Gabelli entities hold the largest Nobility Homes (NOBH) positions?

The largest holder is GAMCO Asset Management with 276,550 shares, or 8.77% of Nobility Homes’ outstanding stock. Gabelli Funds holds 160,283 shares (5.08%), while Teton Advisors holds 94,950 shares (3.01%), with smaller positions at Gabelli Foundation and MJG Associates.

How much did the reporting group spend to increase its NOBH stake?

The reporting group used approximately $651,127 to purchase additional Nobility Homes shares since its most recent prior ownership report. GAMCO deployed about $255,394 and Gabelli Funds about $395,733, using funds from client accounts and, in some cases, margin borrowings.

Why did the Gabelli group’s percentage ownership in Nobility Homes (NOBH) rise?

Their percentage ownership rose due to both new share purchases and a decrease in Nobility Homes’ shares outstanding reported in its Form 10‑K for the year ended November 1, 2025. This combination lifted the aggregate stake to 16.93% of the outstanding shares.

Do Gabelli-affiliated entities have sole voting power over their Nobility Homes shares?

The entities generally report sole voting and dispositive power over the Nobility Homes shares they manage, subject to specific exceptions. For example, GAMCO does not have authority to vote 1,500 shares, and certain fund proxy voting committees may exercise voting power under particular circumstances.

What role does Mario Gabelli have in the entities holding Nobility Homes (NOBH) stock?

Mario Gabelli is described as the controlling stockholder or senior executive of several reporting entities, including GGCP, GAMCO Investors, Associated Capital Group, LICT, and CIBL, and is involved with advisory and foundation entities whose managed accounts collectively hold Nobility Homes shares.
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