Methode Electronics, Inc. is a global developer of custom engineered and application specific products and solutions with manufacturing, design and testing facilities in Belgium, Canada, China, Egypt, Germany, India, Italy, Lebanon, Malta, Mexico, the Netherlands, Singapore, Switzerland, the United Kingdom and the United States. The company designs, manufactures and markets devices employing electrical, electronic, LED lighting, sensor, and radio remote control technologies. Its business is managed on a segment basis, with those segments being Automotive, Industrial, Interface and Medical.
Company profile
Ticker
MEI
Exchange
Website
CEO
Donald Duda
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
ABAS, Inc. • Active Energy • Advanced Molding and Decoration S.A. de C.V. • Alsentis LLC • BMAC Limited • Dabir Surfaces, Inc. • Floduval S.A. • Grakon Parent, Inc. • Grakon Intermediate Holdings, LLC • Grakon, LLC ...
IRS number
362090085
MEI stock data
Latest filings (excl ownership)
SD
Conflict minerals disclosure
26 May 23
8-K
Departure of Directors or Certain Officers
29 Mar 23
10-Q
2023 Q3
Quarterly report
9 Mar 23
8-K
Methode Electronics, Inc. Reports Fiscal Third Quarter 2023 Financial Results
9 Mar 23
8-K
Departure of Directors or Certain Officers
19 Dec 22
10-Q
2023 Q2
Quarterly report
1 Dec 22
8-K
Methode Electronics, Inc. Reports Fiscal Second Quarter 2023 Financial Results
1 Dec 22
8-K
Entry into a Material Definitive Agreement
1 Nov 22
S-8
Registration of securities for employees
16 Sep 22
8-K
Departure of Directors or Certain Officers
14 Sep 22
Transcripts
MEI
Earnings call transcript
2023 Q3
9 Mar 23
MEI
Earnings call transcript
2023 Q2
1 Dec 22
MEI
Earnings call transcript
2023 Q1
1 Sep 22
MEI
Earnings call transcript
2022 Q4
23 Jun 22
MEI
Earnings call transcript
2022 Q3
3 Mar 22
MEI
Earnings call transcript
2022 Q2
2 Dec 21
MEI
Earnings call transcript
2022 Q1
2 Sep 21
MEI
Earnings call transcript
2021 Q4
24 Jun 21
MEI
Earnings call transcript
2021 Q3
4 Mar 21
MEI
Earnings call transcript
2021 Q2
3 Dec 20
Financial summary
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| Annual (USD) | Apr 22 | May 21 | May 20 | Apr 19 | |
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Institutional ownership, Q1 2023
95.4% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 191 |
| Opened positions | 20 |
| Closed positions | 24 |
| Increased positions | 64 |
| Reduced positions | 72 |
| 13F shares | Current |
|---|---|
| Total value | 1.46 tn |
| Total shares | 34.34 mm |
| Total puts | 32.80 k |
| Total calls | 15.50 k |
| Total put/call ratio | 2.1 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 5.85 mm | $256.87 bn |
| Vanguard | 4.13 mm | $181.33 bn |
| FMR | 3.31 mm | $145.33 bn |
| Dimensional Fund Advisors | 2.28 mm | $100.13 bn |
| Earnest Partners | 2.09 mm | $91.50 bn |
| Massachusetts Financial Services | 2.04 mm | $89.47 bn |
| STT State Street | 1.38 mm | $60.47 bn |
| William Blair Investment Management | 1.03 mm | $45.18 bn |
| WHG Westwood | 725.31 k | $31.90 bn |
| Geode Capital Management | 685.11 k | $30.06 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 29 Apr 23 | Kerry A. Vyverberg | Common Stock | Payment of exercise | Dispose F | No | No | 40.99 | 363 | 14.88 k | 26,673 |
| 29 Apr 23 | Duda Donald W | Common Stock | Payment of exercise | Dispose F | No | No | 40.99 | 49,649 | 2.04 mm | 1,115,406 |
| 29 Apr 23 | Amit N Patel | Common Stock | Payment of exercise | Dispose F | No | No | 40.99 | 1,140 | 46.73 k | 12,778 |
| 29 Apr 23 | Shetty Anil | Common Stock | Payment of exercise | Dispose F | No | No | 40.99 | 2,045 | 83.82 k | 88,955 |
| 29 Apr 23 | Tsoumas Ronald L.G. | Common Stock | Payment of exercise | Dispose F | No | No | 40.99 | 6,629 | 271.72 k | 190,423 |
News
Barrington Research Reiterates Market Perform on Methode Electronicsto Market Perform
25 May 23
Looking Into Methode Electronics's Return On Capital Employed
13 Mar 23
12 Information Technology Stocks Moving In Thursday's Pre-Market Session
9 Mar 23
Methode Electronics Q3 EPS $0.54 Misses $0.70 Estimate, Sales $280.10M Miss $292.81M Estimate
9 Mar 23
Earnings Scheduled For March 9, 2023
9 Mar 23
Press releases
Methode Announces Preliminary Results of Subsequent Offer for Shares of Nordic Lights Group Corporation
9 May 23
Methode Electronics to Present at the Oppenheimer 18th Annual Industrial Growth Conference
2 May 23
Methode Announces Preliminary Results of Tender Offer for Shares of Nordic Lights Group Corporation
17 Apr 23
Methode Electronics' Board Approves Dividend
16 Mar 23
Methode Electronics to Present at the Sidoti Small-Cap Conference
15 Mar 23