Methode Electronics (NYSE:MEI) Stock Jumps 4.7% – Here’s Why

08 Oct 2026, 16:04 by Mitch Edgeman · The Markets Daily

Shares of Methode Electronics, Inc. (NYSE:MEI – Get Free Report) rose 4.7% during mid-day trading on Thursday. The company traded as high as $15.64 and last traded at $15.8210. Approximately 128,993 shares were traded during mid-day trading, a decline of 81% from the average session volume of 672,385 shares. The stock had previously closed at $15.11.

Analyst Upgrades and Downgrades

MEI has been the topic of a number of analyst reports. Robert W. Baird increased their price target on Methode Electronics from $8.50 to $16.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. Craig Hallum assumed coverage on Methode Electronics in a research note on Tuesday, August 25th. They set a “buy” rating and a $30.00 price objective for the company. Wall Street Zen downgraded Methode Electronics from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. Sidoti reissued a “neutral” rating and issued a $17.00 target price on shares of Methode Electronics in a research note on Friday, June 26th. Finally, Zacks Research upgraded Methode Electronics from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $22.00.

Read Our Latest Research Report on MEI

Methode Electronics Price Performance

The stock has a market cap of $549.87 million, a price-to-earnings ratio of -14.88 and a beta of 1.57. The company has a 50 day simple moving average of $15.30 and a 200-day simple moving average of $12.63. The company has a current ratio of 2.41, a quick ratio of 1.65 and a debt-to-equity ratio of 0.47.

Methode Electronics (NYSE:MEI – Get Free Report) last released its quarterly earnings results on Wednesday, September 2nd. The electronics maker reported ($0.22) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.27) by $0.05. The firm had revenue of $265.40 million during the quarter, compared to the consensus estimate of $238.31 million. Methode Electronics had a negative return on equity of 5.63% and a negative net margin of 3.52%. Research analysts expect that Methode Electronics, Inc. will post -0.81 EPS for the current year.

Methode Electronics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Friday, October 16th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, October 16th. Methode Electronics’s dividend payout ratio is -19.23%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of MEI. BlackRock Inc. bought a new stake in shares of Methode Electronics during the 2nd quarter valued at $65,727,000. AIGH Capital Management LLC acquired a new stake in shares of Methode Electronics during the 2nd quarter worth $31,839,000. Dimensional Fund Advisors LP increased its position in shares of Methode Electronics by 4.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,351,962 shares of the electronics maker’s stock worth $7,463,000 after purchasing an additional 52,821 shares during the period. Empowered Funds LLC increased its position in shares of Methode Electronics by 51.2% in the first quarter. Empowered Funds LLC now owns 632,346 shares of the electronics maker’s stock worth $3,491,000 after purchasing an additional 214,224 shares during the period. Finally, 4D Advisors LLC acquired a new position in Methode Electronics in the fourth quarter valued at about $3,320,000. 95.49% of the stock is owned by institutional investors.

Methode Electronics Company Profile

(Get Free Report)

Methode Electronics, Inc is a global designer and manufacturer of custom-engineered electrical and electronic products. The company develops solutions that connect, control, sense and illuminate systems for original equipment manufacturers and other industrial customers.