Stock events for Methode Electronics, Inc. (MEI)
Methode Electronics' stock experienced a 26.44% decline between October 4, 2024, and October 3, 2025, but rose by 6.16% in the two weeks leading up to October 24, 2025, reaching $7.24. In September 2025, the stock jumped 8.8% after surpassing analyst expectations in the second-quarter fiscal 2025 results and reaffirming its full-year financial guidance. The stock had previously dropped 11.4% due to the postponement of the first-quarter fiscal 2026 results. The Board approved a quarterly cash dividend of $0.05 per share. A stockholder rights law firm initiated an investigation into board members and executive officers for potential breaches of fiduciary duties and violations of federal securities laws.
Demand Seasonality affecting Methode Electronics, Inc.’s stock price
Demand seasonality for Methode Electronics is influenced by the cyclical nature of its end markets. The Automotive segment has seen increasing revenue but weaker sales in North America, while the Industrial segment has shown stable revenue, Interface Solutions revenue has been decreasing, and the Medical segment has experienced increasing revenue. Investment needs can be seasonal, leading to temporary swings in free cash flow. The company likely experiences some level of demand seasonality, particularly tied to automotive production cycles and the evolving EV market.
Overview of Methode Electronics, Inc.’s business
Methode Electronics, Inc. is a global supplier of custom-engineered mechatronic solutions for OEMs, operating in the Technology sector, specifically in the Electronic Equipment & Parts and Electronic Components industries. The company's product portfolio includes user interface, LED lighting systems, power distribution, and sensor applications, serving markets such as transportation, cloud computing infrastructure, construction equipment, and consumer appliances. The business is segmented into Automotive, Industrial, Interface, and Medical.
MEI’s Geographic footprint
Methode Electronics has a global presence with sales, engineering, and manufacturing locations across North America, Europe, the Middle East, and Asia. The company's manufacturing facilities are located in the US, China, Belgium, Egypt, Malta, Canada, and Mexico, with headquarters in Chicago, Illinois, USA.
MEI Corporate Image Assessment
Methode Electronics' brand reputation presents a mixed picture. The company has received "Positive" media sentiment, outperforming a competitor in recent media coverage. However, a stockholder rights law firm initiated an investigation into Methode Electronics' board members and executive officers for potential breaches of fiduciary duties and violations of federal securities laws, stemming from allegations of operational and strategic execution issues.
Ownership
Institutional investors hold approximately 78.8% of Methode Electronics, Inc. shares, with major holders including Fmr Llc, BlackRock, Inc., and Vanguard Group Inc. Individual investors hold about 4.65% of the shares. Insider sentiment for MEI is positive, with high-impact open-market purchases from insiders.
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$6.77