Several analysts have recently updated their ratings and price targets for Methode Electronics (NYSE: MEI):
- 7/4/2026 – Methode Electronics was upgraded by Wall Street Zen from “hold” to “buy”.
- 6/30/2026 – Methode Electronics was downgraded by Zacks Research from “hold” to “strong sell”.
- 6/29/2026 – Methode Electronics was upgraded by Barrington Research from “market perform” to “outperform”. They now have a $25.00 price target on the stock.
- 6/26/2026 – Methode Electronics had its “neutral” rating reaffirmed by Sidoti. They now have a $17.00 price target on the stock.
- 6/26/2026 – Methode Electronics had its price target raised by Robert W. Baird from $8.50 to $16.00. They now have a “neutral” rating on the stock.
Methode Electronics Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, July 17th. Methode Electronics’s payout ratio is -19.80%.
In its automotive segment, Methode develops advanced connector systems, circuit protection devices and thermal management solutions for internal combustion, hybrid and electric vehicles.
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