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

Key Points

• Intact Investment Management raised its stake in Methanex by 17.2%, buying 99,210 shares to hold 677,610 shares (about 0.88%) worth roughly $26.9 million, as institutional ownership of the stock sits at 73.49% after several large funds added positions.
• Methanex missed Q1 estimates with EPS of $0.30 (vs. consensus ~ $0.38–$0.42) and slightly below‑consensus revenue, producing a small net loss and a negative net margin despite revenue rising 8.7% year‑over‑year.
• The board declared a quarterly dividend of $0.185 per share (payable June 30, ~1.2% yield), while analyst sentiment is mixed-to-positive — a consensus "Moderate Buy" with a $63.90 average target and several firms lifting targets into the mid‑$60s to $70.00.

Intact Investment Management Inc. raised its position in shares of Methanex Corporation (NASDAQ:MEOH - Free Report) TSE: MX by 17.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 677,610 shares of the specialty chemicals company's stock after acquiring an additional 99,210 shares during the quarter. Intact Investment Management Inc. owned about 0.88% of Methanex worth $26,875,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in MEOH. Connor Clark & Lunn Investment Management Ltd. boosted 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 purchasing an additional 1,022,987 shares in the last quarter. Boston Partners boosted its position in shares of Methanex by 686.0% during the 3rd quarter. Boston Partners now owns 963,408 shares of the specialty chemicals company's stock worth $38,277,000 after purchasing an additional 840,831 shares in the last quarter. Millennium Management LLC boosted 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 purchasing an additional 623,502 shares in the last quarter. Vanguard Group Inc. boosted 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 purchasing an additional 336,316 shares in the last quarter. Finally, TD Asset Management Inc boosted its position in shares of Methanex by 87.1% during the 3rd quarter. TD Asset Management Inc now owns 689,461 shares of the specialty chemicals company's stock worth $27,417,000 after purchasing an additional 320,964 shares in the last quarter. Institutional investors own 73.49% of the company's stock.

Methanex Price Performance

Shares of NASDAQ MEOH opened at $64.25 on Monday. Methanex Corporation has a fifty-two week low of $31.57 and a fifty-two week high of $66.75. The stock has a market cap of $4.97 billion, a price-to-earnings ratio of -131.12 and a beta of 0.60. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.26 and a current ratio of 1.96. The firm's 50-day simple moving average is $56.48 and its 200 day simple moving average is $46.42.

Methanex (NASDAQ:MEOH - Get Free Report) TSE: MX last issued its quarterly earnings data on Wednesday, April 29th. The specialty chemicals company reported $0.30 earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $957.42 million for the quarter, compared to the consensus estimate of $964.76 million. During the same quarter last year, the business posted $1.30 earnings per share. Methanex's revenue was up 8.7% on a year-over-year basis. As a group, research analysts anticipate that Methanex Corporation will post 5.96 earnings per share for the current fiscal year.

Methanex Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be paid a dividend of $0.185 per share. The ex-dividend date is Tuesday, June 16th. This represents a $0.74 annualized dividend and a yield of 1.2%. Methanex's dividend payout ratio (DPR) is -151.02%.

Key Methanex News

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

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on MEOH. Wall Street Zen raised shares of Methanex from a "hold" rating to a "buy" rating in a research report on Saturday. Zacks Research raised shares of Methanex from a "strong sell" rating to a "hold" rating in a research report on Tuesday, April 14th. Canadian Imperial Bank of Commerce reissued a "neutral" rating and set a $69.00 price objective on shares of Methanex in a research report on Friday. Raymond James Financial increased their price objective 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, BMO Capital Markets increased their price objective on shares of Methanex from $65.00 to $70.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 18th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target 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).

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