METHODE ELECTRONICS INC (MEI)
NYSE · Semiconductors & Components · Electronic Connectors
- Price
- $14.83
- Day
- +9.69%
- Market cap
- $528.62M
Close 2026-09-23.
The company
Description of Business We are a leading global supplier of custom engineered solutions with sales, engineering, and manufacturing locations in North America, Europe, the Middle East, and Asia. We design, engineer, and manufacture mechatronic products for Original Equipment Manufacturers (“OEMs”) and tiered suppliers across mobility, industrial, and commercial markets. Our capabilities include power distribution, including busbars, smart connect systems, battery disconnect units, and integrated circuit boards; as well as user interface components, specialized light-emitting diode (“LED”) lighting solutions, and sensor applications. Our products are found in the end markets of transportation (including automotive, commercial vehicle, e-bike, aerospace, bus and rail), cloud computing and data center infrastructure, and construction equipment. Operating Segments Our business is managed, and our financial results are reported, based on our Automotive, Industrial and Interface segments. We reported a fourth segment, Medical, through the fiscal year ended April 27, 2024. See Note 15, “Segment Information and Geographic Area Information” to the consolidated financial statements in this Annual Report for further information. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile OEMs and their tiered suppliers across a broad range of vehicle platforms and powertrains.
From Item 1: Description of Business · Operating Segments.
By business segment
- Industrial — 51%
- Automotive — 46%
- Interface — 3%
- Corporate and Intersegment Elimination — 0%
- Medical — 0%
Institutional holders
Largest positions reported on Form 13F for the quarter ended 2026-06-30, by value.
- AMERIPRISE FINANCIAL INC — $35.48M
- VANGUARD CAPITAL MANAGEMENT LLC — $28.56M
- BlackRock, Inc. — $27.45M
- VANGUARD PORTFOLIO MANAGEMENT LLC — $27.17M
- BlackRock, Inc. — $27.08M
- DIMENSIONAL FUND ADVISORS LP — $24.31M
- AIGH Capital Management LLC — $24.08M
- AMERICAN CENTURY COMPANIES INC — $23.73M
Insider trades
Open-market buys and sales filed on Form 4, newest first. Grants, option exercises and tax withholding are left out.
- Ullrich Lars (SVP Global Automotive Business) bought 15,150 shares at $6.69 on 2025-03-14
- DeGaynor Jonathan B (CEO and President) bought 32,733 shares at $6.46 on 2025-03-11
- LINDSEY MARY A (Director) bought 8,800 shares at $11.38 on 2024-09-23
- Blom David P (Director) bought 9,320 shares at $10.81 on 2024-09-18
Recent filings
- 8-K — 2026-09-17
- S-8 — 2026-09-16
- 4 — 2026-09-14
- 4 — 2026-09-03
- 8-K — 2026-09-02
- 10-Q — 2026-09-02
- 4 — 2026-08-10
- 4 — 2026-08-10
- 4 — 2026-08-10
- 4 — 2026-08-10