Intact Investment Management Inc. Purchases 99,210 Shares of Methanex Corporation $MEOH

Intact Investment Management Inc. grew its position in shares of Methanex Corporation (NASDAQ:MEOH) (TSE:MX) by 17.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 677,610 shares of the specialty chemicals company’s stock after buying an additional 99,210 shares during the quarter. Intact Investment Management Inc.’s holdings in Methanex were worth $26,875,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Methanex by 14.0% during the 4th quarter. Vanguard Group Inc. now owns 2,746,051 shares of the specialty chemicals company’s stock worth $108,917,000 after buying an additional 336,316 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Methanex by 249.8% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,432,483 shares of the specialty chemicals company’s stock worth $56,939,000 after buying an additional 1,022,987 shares in the last quarter. Millennium Management LLC lifted its position in shares of Methanex by 116.8% during the 3rd quarter. Millennium Management LLC now owns 1,157,233 shares of the specialty chemicals company’s stock worth $46,011,000 after buying an additional 623,502 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Methanex by 0.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,091,093 shares of the specialty chemicals company’s stock worth $43,383,000 after buying an additional 7,031 shares in the last quarter. Finally, Alberta Investment Management Corp lifted its position in shares of Methanex by 29.5% during the 3rd quarter. Alberta Investment Management Corp now owns 992,000 shares of the specialty chemicals company’s stock worth $39,442,000 after buying an additional 226,000 shares in the last quarter. Institutional investors own 73.49% of the company’s stock.

Key Headlines Impacting Methanex

Here are the key news stories impacting Methanex this week:

• Positive Sentiment: RBC raised its price target on Methanex to $70 (from $65) and kept a “sector perform” rating — the new target implies roughly a mid‑single-digit to high‑single-digit upside and helps underpin the near‑term bullish case. BayStreet.CA
• Positive Sentiment: Zacks reports that earnings estimate revisions for Methanex have been moving higher, suggesting analysts expect improving profitability — this upward revision momentum can support further share gains if guidance/industry conditions confirm it. Zacks: Surging Earnings Estimates Signal Upside
• Positive Sentiment: The board declared a quarterly cash dividend of US$0.185 per share (payable June 30), a steady income signal that can attract yield‑seeking investors even though the yield is modest (~1.1%). GlobeNewswire: Notice of Cash Dividend
• Neutral Sentiment: Methanex reported AGM voting results showing shareholders backed the board, auditor and executive pay — a standard governance outcome that reduces proxy risk but is unlikely to move the stock materially. GlobeNewswire: AGM Results
• Neutral Sentiment: Q1 earnings call and prepared remarks/transcripts were posted (useful for detail on operations, mark‑to‑market items and outlook). Market reaction will depend on management commentary on margins, feedstock/energy costs and utilization. Fool: Q1 2026 Earnings Transcript
• Negative Sentiment: Methanex reported Q1 EPS of $0.30, missing consensus (~$0.42) and recording a small net loss attributable to mark‑to‑market share‑based compensation — the earnings miss and negative net margin weigh on sentiment. MarketBeat: Q1 Earnings Snapshot
• Negative Sentiment: JPMorgan downgraded Methanex from “overweight” to “neutral” while raising its target to $65 — the rating cut signals less conviction from a major bank and likely pressured the stock despite the modestly higher target. BayStreet.CA

Methanex Stock Performance

NASDAQ:MEOH opened at $64.25 on Monday. The company has a current ratio of 1.96, a quick ratio of 1.26 and a debt-to-equity ratio of 0.98. The stock has a market capitalization of $4.97 billion, a PE ratio of -131.12 and a beta of 0.60. The firm’s 50 day moving average is $56.48 and its 200 day moving average is $46.42. Methanex Corporation has a 12 month low of $31.57 and a 12 month high of $66.75.

Methanex (NASDAQ:MEOH) (TSE:MX) last issued its earnings results on Wednesday, April 29th. The specialty chemicals company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.08). Methanex had a negative net margin of 1.25% and a positive return on equity of 2.96%. The business had revenue of $957.42 million for the quarter, compared to the consensus estimate of $964.76 million. During the same period in the previous year, the firm earned $1.30 EPS. The company’s revenue was up 8.7% compared to the same quarter last year. Sell-side analysts expect that Methanex Corporation will post 5.96 earnings per share for the current year.

Methanex Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be issued a dividend of $0.185 per share. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $0.74 dividend on an annualized basis and a yield of 1.2%. Methanex’s payout ratio is presently -151.02%.

Wall Street Analyst Weigh In

Several equities analysts have commented on MEOH shares. Jefferies Financial Group lifted their target price on shares of Methanex from $50.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, March 11th. JPMorgan Chase & Co. cut shares of Methanex from an “overweight” rating to a “neutral” rating and lifted their target price for the stock from $56.00 to $65.00 in a research report on Friday. Scotiabank lifted their target price on shares of Methanex from $60.00 to $70.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, April 22nd. Raymond James Financial lifted their target price on shares of Methanex from $52.00 to $65.00 and gave the stock a “market perform” rating in a research report on Thursday, April 16th. Finally, Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating and issued a $69.00 price target on shares of Methanex in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $63.90.

About Methanex

Methanex Corporation is a Vancouver, Canada–based company and one of the world’s largest producers and suppliers of methanol. The company manufactures methanol, a key feedstock for a wide range of chemical products and industrial applications. Methanex markets its product to customers in energy, plastics, paints and coatings, and various chemical sectors, positioning the company as a critical link in the global supply chain for basic chemicals.

The company’s core product, methanol, serves as a building block for downstream chemicals such as formaldehyde, acetic acid and methyl tertiary butyl ether (MTBE).