Aviance Capital Partners LLC Takes $649,000 Position in Methanex Corporation $MEOH

Aviance Capital Partners LLC acquired a new position in shares of Methanex Corporation (NASDAQ:MEOHFree Report) (TSE:MX) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 10,900 shares of the specialty chemicals company’s stock, valued at approximately $649,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. NewEdge Advisors LLC acquired a new position in shares of Methanex during the second quarter valued at $50,000. Clearstead Advisors LLC lifted its holdings in Methanex by 336.2% in the fourth quarter. Clearstead Advisors LLC now owns 1,784 shares of the specialty chemicals company’s stock worth $71,000 after purchasing an additional 1,375 shares during the period. Parkside Financial Bank & Trust lifted its holdings in Methanex by 61.0% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,143 shares of the specialty chemicals company’s stock worth $85,000 after purchasing an additional 812 shares during the period. Fifth Third Bancorp grew its position in Methanex by 1,087.3% in the 1st quarter. Fifth Third Bancorp now owns 3,823 shares of the specialty chemicals company’s stock valued at $228,000 after buying an additional 3,501 shares in the last quarter. Finally, Park National Corp OH bought a new position in Methanex in the 1st quarter valued at about $233,000. 73.49% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Royal Bank Of Canada cut their target price on Methanex from $70.00 to $65.00 and set a “sector perform” rating for the company in a research report on Wednesday, July 1st. Scotiabank lifted their target price on shares of Methanex from $70.00 to $80.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Zacks Research lowered shares of Methanex from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. UBS Group upped their price target on shares of Methanex from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Finally, Raymond James Financial raised their price objective on shares of Methanex from $52.00 to $65.00 and gave the stock a “market perform” rating in a research note on Thursday, April 16th. Five equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Methanex currently has an average rating of “Hold” and a consensus price target of $68.78.

View Our Latest Stock Report on MEOH

Key Stories Impacting Methanex

Here are the key news stories impacting Methanex this week:

  • Positive Sentiment: Methanex’s board declared a quarterly dividend of US$0.185 per share, signaling confidence in cash flow and providing income support for shareholders. Methanex Corporation – Notice of Cash Dividend
  • Positive Sentiment: Scotiabank slightly raised its FY2027 EPS estimate for Methanex and maintained an Outperform rating with an $80 price target, reinforcing a constructive view on the company’s earnings outlook. Methanex Corporation stock information
  • Positive Sentiment: Recent analyst coverage from National Bank was also described as positive, adding to the favorable sentiment around the name. Positive Report for Methanex (MEOH) from National Bank
  • Neutral Sentiment: Scotiabank’s Q2 2026 earnings estimate of $3.78 per share is in line with expectations for the upcoming quarter, so it is not a major new catalyst by itself. Methanex Corporation stock information
  • Negative Sentiment: News that Methanex shut down its Titan plant could raise concerns about near-term operating disruptions, which may weigh on sentiment. Methanex shuts down Titan plant

Methanex Stock Performance

Shares of NASDAQ:MEOH opened at $54.81 on Monday. The firm has a fifty day moving average of $55.44 and a two-hundred day moving average of $53.66. The company has a quick ratio of 1.26, a current ratio of 1.96 and a debt-to-equity ratio of 0.98. Methanex Corporation has a 12-month low of $32.00 and a 12-month high of $66.75. The firm has a market capitalization of $4.24 billion, a P/E ratio of -111.86 and a beta of 0.60.

Methanex (NASDAQ:MEOHGet Free Report) (TSE:MX) last announced its quarterly earnings data on Wednesday, April 29th. The specialty chemicals company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.08). Methanex had a positive return on equity of 2.96% and a negative net margin of 1.25%.The firm had revenue of $957.42 million for the quarter, compared to analysts’ expectations of $964.76 million. During the same quarter in the prior year, the business posted $1.30 earnings per share. Methanex’s revenue was up 8.7% on a year-over-year basis. On average, equities analysts expect that Methanex Corporation will post 8.27 EPS for the current fiscal year.

Methanex Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be paid a dividend of $0.185 per share. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 1.4%. Methanex’s dividend payout ratio (DPR) is -151.02%.

About Methanex

(Free Report)

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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Institutional Ownership by Quarter for Methanex (NASDAQ:MEOH)

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