Jefferies initiated coverage on Methode Electronics with a new price target

$MEI
Electrical Products
Technology
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Recent Analyst Ratings for
$MEI

DatePrice TargetRatingAnalyst
2/25/2025Neutral → Buy
Sidoti
4/9/2024$12.00Hold
Jefferies
3/7/2024$17.00Buy → Neutral
Sidoti
11/22/2022$52.00Buy
Jefferies
1/20/2022Mkt Perform
Barrington Research
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$MEI
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  • Methode Electronics' Board Approves Dividend

    CHICAGO, March 20, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced today that its board of directors has declared a quarterly dividend of $0.14 per share to be paid on May 2, 2025, to common stockholders of record at the close of business on April 18, 2025. About Methode Electronics, Inc.Methode Electronics, Inc. (NYSE:MEI) is a leading global supplier of custom-engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle East and Asia. We design, engineer, and produce mechatronic products for OEMs

    $MEI
    Electrical Products
    Technology
  • Methode Electronics' Grakon Business Unit Recognized as a Top Supplier by PACCAR

    CHICAGO, March 20, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI) announced today that its Grakon business unit, a global leader in advanced lighting systems, has been recognized by PACCAR, maker of Kenworth and Peterbilt trucks, as a top-performing supplier. Each year, PACCAR honors its highest-performing suppliers through its Supplier Performance Management (SPM) Program, which measures achievements in product development, operations, aftermarket support, and alignment with PACCAR's key business objectives. The SPM program fosters collaboration and continuous improvement, driving innovation and performance enhancements across the supply chain. Over the years, Grakon has

    $MEI
    Electrical Products
    Technology
  • Methode Electronics Appoints Brad Corrodi as Chief Strategy Officer

    CHICAGO, March 05, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced today that Brad Corrodi has been appointed as Chief Strategy Officer (CSO) effective March 10, 2025. Mr. Corrodi joins Methode with more than 30 years of experience serving in strategic, investment, and operating roles. He will be based at the company's headquarters in Chicago, Illinois. "Brad's blend of strategy and operational experience will be a key differentiator, as we continue to reshape Methode's future," said Jon DeGaynor, President and Chief Executive Officer. "With

    $MEI
    Electrical Products
    Technology

$MEI
Analyst Ratings

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$MEI
Insider Purchases

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$MEI
Leadership Updates

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  • Methode Electronics Appoints Brad Corrodi as Chief Strategy Officer

    CHICAGO, March 05, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced today that Brad Corrodi has been appointed as Chief Strategy Officer (CSO) effective March 10, 2025. Mr. Corrodi joins Methode with more than 30 years of experience serving in strategic, investment, and operating roles. He will be based at the company's headquarters in Chicago, Illinois. "Brad's blend of strategy and operational experience will be a key differentiator, as we continue to reshape Methode's future," said Jon DeGaynor, President and Chief Executive Officer. "With

    $MEI
    Electrical Products
    Technology
  • Methode Electronics Appoints Karen Keegans as Chief Human Resources Officer

    CHICAGO, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced today that Karen Keegans has been appointed as Chief Human Resources Officer (CHRO) effective February 3, 2025. Ms. Keegans succeeds Andrea Barry, who has served as CHRO since 2017. Ms. Keegans joins Methode with more than 30 years of leadership experience, serving in the capacity of CHRO for several global industrial organizations, including Fortune 500 companies, such as Rockwell Automation, Pentair, and Praxair. She will be based at the company's headquarters in Chicago, Ill

    $MEI
    Electrical Products
    Technology
  • Methode Electronics Appoints Lars Ullrich as Senior Vice President, Global Automotive Business

    CHICAGO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution applications, announced today that Lars Ullrich has been appointed as Senior Vice President, Global Automotive Business, effective December 2, 2024. The newly created position will oversee all global strategic, launch, and commercial activities for the company's automotive business. Mr. Ullrich most recently held the position of Head of Region Americas and Chief Business Officer for Larsen and Toubro Semiconductor Technologies, a semiconductor start-up company. He has over 20 years of busine

    $MEI
    Electrical Products
    Technology

$MEI
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  • Methode Electronics' Board Approves Dividend

    CHICAGO, March 20, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced today that its board of directors has declared a quarterly dividend of $0.14 per share to be paid on May 2, 2025, to common stockholders of record at the close of business on April 18, 2025. About Methode Electronics, Inc.Methode Electronics, Inc. (NYSE:MEI) is a leading global supplier of custom-engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle East and Asia. We design, engineer, and produce mechatronic products for OEMs

    $MEI
    Electrical Products
    Technology
  • Methode Electronics to Release Third Quarter Fiscal 2025 Results on Wednesday, March 5, 2025

    CHICAGO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, lighting system and power distribution applications, announced it will release its third quarter fiscal 2025 results for the period ended February 1, 2025, on Wednesday, March 5, 2025, after market close. The company will conduct a conference call and webcast the following day, Thursday, March 6, 2025, at 10:00 a.m. CST to review financial and operational highlights led by its President and Chief Executive Officer, Jon DeGaynor, and Chief Financial Officer, Laura Kowalchik. To participate in the conference call, please dial 888-506-

    $MEI
    Electrical Products
    Technology
  • Methode Electronics' Board Approves Dividend

    CHICAGO, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE:MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, announced today that its board of directors has declared a quarterly dividend of $0.14 per share to be paid on January 31, 2025, to common stockholders of record at the close of business on January 17, 2025. About Methode Electronics, Inc.Methode Electronics, Inc. (NYSE:MEI) is a leading global supplier of custom-engineered solutions with sales, engineering and manufacturing locations in North America, Europe, Middle East and Asia. We design, engineer, and produce mechatronic products fo

    $MEI
    Electrical Products
    Technology

$MEI
Large Ownership Changes

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