methode electronics, inc. (nyse: mei) is an international engineering company headquartered in chicago, il. methode was founded in 1946 as a single-product manufacturer and has since expanded its business into industrial design, distribution and professional services. here at methode, we utilize technical capabilities to develop custom-engineered application-specific products and solutions for a variety of markets and customers. this includes the industries of automotive, big data, white goods, aerospace & defense, consumer electronics and healthcare. for additional information, visit methode.com.
![Methode Electronics logo](/files/LOGO/65270-MEI.png)
Company profile
Ticker
MEI
Exchange
Website
CEO
Donald Duda
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Advanced Molding and Decoration S.A. de C.V. • Alsentis LLC • BMAC Limited • Dabir Surfaces, Inc. • Grakon Parent, Inc. • Grakon Intermediate Holdings, LLC • Grakon, LLC • Grakon Holdings, LLC • Grakon Europe B.V. • Grakon International ...
IRS number
362090085
MEI stock data
Latest filings (excl ownership)
10-K
2024 FY
Annual report
11 Jul 24
8-K
Methode Electronics, Inc. Reports Fiscal 2024 Fourth Quarter
11 Jul 24
8-K
Methode Electronics Appoints Jon DeGaynor as President and CEO
25 Jun 24
SD
Conflict minerals disclosure
30 May 24
8-K
Methode Electronics Announces CEO Transition
6 May 24
8-K
Methode Electronics Announces CFO Transition Plan
8 Apr 24
8-K
Methode Electronics, Inc. Reports Fiscal 2024 Third Quarter Financial Results
7 Mar 24
10-Q
2024 Q3
Quarterly report
7 Mar 24
8-K
Methode Electronics Appoints Avi Avula as New CEO
19 Dec 23
10-Q
2024 Q2
Quarterly report
7 Dec 23
Transcripts
MEI
Earnings call transcript
2024 Q4
11 Jul 24
MEI
Earnings call transcript
2024 Q3
7 Mar 24
MEI
Earnings call transcript
2024 Q2
7 Dec 23
MEI
Earnings call transcript
2024 Q1
7 Sep 23
MEI
Earnings call transcript
2024 Q1
7 Sep 23
MEI
Earnings call transcript
2023 Q4
22 Jun 23
MEI
Earnings call transcript
2023 Q4
22 Jun 23
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
Latest ownership filings
3
David A Rawden
25 Jul 24
4
Jonathan B DeGaynor
16 Jul 24
3
Jonathan B DeGaynor
15 Jul 24
SC 13G/A
BlackRock Inc.
8 Jul 24
11-K
Annual report of employee stock purchases
28 Jun 24
4
Angelo V Pantaleo
17 Jun 24
4
Brian J Cadwallader
17 Jun 24
4
Janie Goddard
17 Jun 24
4
MARK D SCHWABERO
17 Jun 24
4
Darren Dawson
17 Jun 24
Financial summary
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Diluted EPS |
Annual (USD) | Apr 24 | Apr 23 | Apr 22 | May 21 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 161.50 mm | 161.50 mm | 161.50 mm | 161.50 mm | 161.50 mm | 161.50 mm |
Cash burn (monthly) | (no burn) | (no burn) | 21.03 mm | 10.44 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 63.09 mm | 31.32 mm | n/a | n/a |
Cash remaining | n/a | n/a | 98.41 mm | 130.18 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | 4.7 | 12.5 | n/a | n/a |
Institutional ownership, Q1 2024
7.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 59 |
Opened positions | 45 |
Closed positions | 7 |
Increased positions | 7 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 28.71 bn |
Total shares | 2.58 mm |
Total puts | 35.00 k |
Total calls | 25.10 k |
Total put/call ratio | 1.4 |
Largest owners | Shares | Value |
---|---|---|
BK Bank Of New York Mellon | 483.18 k | $5.89 bn |
Bridge City Capital | 245.64 k | $2.99 bn |
Nordea Investment Management Ab | 224.60 k | $2.70 bn |
BNP Paribas Arbitrage | 220.93 k | $2.69 bn |
PFG Principal Financial Group Inc - Registered Shares | 184.65 k | $2.25 bn |
LSV Asset Management | 104.64 k | $1.27 mm |
Empowered Funds | 98.62 k | $1.20 bn |
Gsa Capital Partners | 80.02 k | $975.00 k |
New York State Common Retirement Fund | 77.91 k | $949.00 k |
New York State Teachers Retirement System | 70.16 k | $855.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Jul 24 | Jonathan B DeGaynor | Common Stock | Grant | Acquire A | No | No | 0 | 36,630 | 0.00 | 129,136 |
15 Jul 24 | Jonathan B DeGaynor | Common Stock | Grant | Acquire A | No | No | 0 | 92,506 | 0.00 | 92,506 |
13 Jun 24 | Dawson Darren | Phantom Stock | Grant | Acquire A | Yes | No | 9.88 | 14,170 | 140.00 k | 25,661.3 |
13 Jun 24 | Therese M Bobek | Phantom Stock | Grant | Acquire A | Yes | No | 9.88 | 14,170 | 140.00 k | 25,661.3 |
News
Wall Street's Most Accurate Analysts Give Their Take On 3 Tech Stocks With Over 3% Dividend Yields
17 Jul 24
Russell 2000 Index Notches Strongest Week Of Year, Hits 31-Month Highs: Outlook Is 'Clouded By Fed's Concerns Over Labor Market,' Analyst Warns
12 Jul 24
Gold Rises Sharply; Methode Electronics Shares Spike Higher
11 Jul 24
Why ConAgra Brands Shares Are Trading Lower? Here Are Other Stocks Moving In Thursday's Mid-Day Session
11 Jul 24
Methode Electronics Posts Strong Sales, Joins QuantumScape, Ribbon Communications And Other Big Stocks Moving Higher On Thursday
11 Jul 24
Press releases
METHODE ALERT: Bragar Eagel & Squire, P.C. is Investigating Methode Electronics, Inc. on Behalf of Methode Stockholders and Encourages Investors to Contact the Firm
19 Jul 24
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation of Methode Electronics, Inc. (MEI) on Behalf of Investors
18 Jul 24
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Methode Electronics, Inc. (MEI) on Behalf of Investors
18 Jul 24
The Law Offices of Frank R. Cruz Continues Investigation of Methode Electronics, Inc. (MEI) on Behalf of Investors
17 Jul 24
Methode Electronics Names John T. Erwin as Chief Procurement Officer
17 Jul 24