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

Aviance Capital Partners LLC purchased a new stake in shares of Methanex Corporation (NASDAQ:MEOH) (TSE:MX) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 10,900 shares of the specialty chemicals company’s stock, valued at approximately $649,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. AMG National Trust Bank raised its holdings in Methanex by 4.8% during the first quarter. AMG National Trust Bank now owns 8,127 shares of the specialty chemicals company’s stock valued at $484,000 after buying an additional 374 shares in the last quarter. Fifth Third Bancorp boosted its stake in shares of Methanex by 1,087.3% during the 1st quarter. Fifth Third Bancorp now owns 3,823 shares of the specialty chemicals company’s stock worth $228,000 after acquiring an additional 3,501 shares in the last quarter. Burney Co. boosted its stake in shares of Methanex by 30.4% during the 1st quarter. Burney Co. now owns 24,370 shares of the specialty chemicals company’s stock worth $1,451,000 after acquiring an additional 5,675 shares in the last quarter. Pictet Asset Management Holding SA increased its holdings in shares of Methanex by 19.0% during the 1st quarter. Pictet Asset Management Holding SA now owns 11,038 shares of the specialty chemicals company’s stock valued at $656,000 after acquiring an additional 1,760 shares during the last quarter. Finally, Union Bancaire Privee UBP SA acquired a new position in shares of Methanex during the 1st quarter valued at about $2,481,000. Institutional investors and hedge funds own 73.49% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on MEOH shares. National Bank Financial set a $70.00 target price on Methanex and gave the stock an “outperform” rating in a report on Monday, July 13th. Royal Bank Of Canada lowered their price target on Methanex from $70.00 to $65.00 and set a “sector perform” rating on the stock in a report on Wednesday, July 1st. Raymond James Financial lifted their price target on shares of Methanex from $52.00 to $65.00 and gave the company a “market perform” rating in a research report on Thursday, April 16th. UBS Group boosted their price objective on shares of Methanex from $70.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Finally, Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating and set a $69.00 price objective on shares of Methanex in a report on Friday, May 1st. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $68.78.

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 MEOH stock opened at $54.81 on Monday. Methanex Corporation has a 1 year low of $32.00 and a 1 year high of $66.75. The firm’s fifty day simple moving average is $55.44 and its 200 day simple moving average is $53.66. The firm has a market capitalization of $4.24 billion, a P/E ratio of -111.86 and a beta of 0.60. The company has a current ratio of 1.96, a quick ratio of 1.26 and a debt-to-equity ratio of 0.98.

Methanex (NASDAQ:MEOH) (TSE:MX) last issued its quarterly earnings results on Wednesday, April 29th. The specialty chemicals company reported $0.30 earnings per share 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 company had revenue of $957.42 million during the quarter, compared to the consensus estimate of $964.76 million. During the same period last year, the company earned $1.30 earnings per share. Methanex’s revenue for the quarter was up 8.7% on a year-over-year basis. As a group, sell-side analysts predict that Methanex Corporation will post 8.27 EPS for the current year.

Methanex Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 16th will be given 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 is currently -151.02%.

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).