Chou Associates Management Inc. Makes New $924,000 Investment in Methanex Corporation $MEOH

Chou Associates Management Inc. bought a new stake in shares of Methanex Corporation (NASDAQ:MEOH) (TSE:MX) during the second quarter, HoldingsChannel reports. The institutional investor bought 20,000 shares of the specialty chemicals company’s stock, valued at approximately $924,000. Methanex accounts for 0.4% of Chou Associates Management Inc.’s portfolio, making the stock its 22nd biggest position.

Several other hedge funds also recently modified their holdings of MEOH. Amundi raised its stake in shares of Methanex by 3.9% during the first quarter. Amundi now owns 22,791 shares of the specialty chemicals company’s stock worth $800,000 after buying an additional 848 shares during the last quarter. Hsbc Holdings PLC bought a new position in Methanex in the second quarter valued at approximately $419,000. Invesco Ltd. boosted its stake in Methanex by 15.7% in the second quarter. Invesco Ltd. now owns 249,231 shares of the specialty chemicals company’s stock valued at $8,250,000 after acquiring an additional 33,827 shares during the last quarter. AXA S.A. bought a new position in Methanex in the second quarter valued at approximately $166,000. Finally, Qube Research & Technologies Ltd grew its holdings in Methanex by 327.0% during the 2nd quarter. Qube Research & Technologies Ltd now owns 47,284 shares of the specialty chemicals company’s stock worth $1,565,000 after acquiring an additional 36,211 shares during the period. Institutional investors own 73.49% of the company’s stock.

Methanex Stock Up 2.4%

Methanex stock opened at $60.10 on Friday. The firm has a market capitalization of $4.65 billion, a price-to-earnings ratio of 58.35 and a beta of 0.58. The company’s 50 day simple moving average is $52.79 and its 200 day simple moving average is $55.32. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.07 and a quick ratio of 1.35. Methanex Corporation has a fifty-two week low of $32.00 and a fifty-two week high of $66.75.

Methanex (NASDAQ:MEOH) (TSE:MX) last issued its earnings results on Tuesday, July 28th. The specialty chemicals company reported $3.87 EPS for the quarter, missing the consensus estimate of $4.00 by ($0.13). The firm had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.43 billion. Methanex had a net margin of 2.07% and a return on equity of 11.35%. The firm’s revenue for the quarter was up 75.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.97 EPS. As a group, sell-side analysts anticipate that Methanex Corporation will post 8.6 EPS for the current year.

Methanex Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be paid a $0.185 dividend. This represents a $0.74 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, September 16th. Methanex’s payout ratio is presently 71.84%.

Analyst Upgrades and Downgrades

Several analysts have commented on MEOH shares. UBS Group upped their target price on shares of Methanex from $70.00 to $71.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Canadian Imperial Bank of Commerce upgraded Methanex from a “neutral” rating to a “sector outperform” rating and raised their price target for the stock from $69.00 to $71.00 in a research report on Monday, July 20th. National Bank Financial set a $70.00 price objective on Methanex and gave the stock an “outperform” rating in a research note on Monday, July 13th. Weiss Ratings upgraded Methanex from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, July 29th. Finally, Scotiabank increased their target price on Methanex from $70.00 to $80.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Methanex has a consensus rating of “Moderate Buy” and a consensus price target of $68.56.

More Methanex News

Here are the key news stories impacting Methanex this week:

• Positive Sentiment: Zacks raised its FY2026 EPS forecast to $8.53 from $6.77 and its FY2027 forecast to $5.83 from $4.85. The firm also increased its Q3 2026 estimate to $3.10 from $1.92, Q4 2026 to $1.74 from $1.28, Q1 2027 to $2.22 from $0.58, and Q2 2027 to $2.06 from $1.59. These revisions suggest stronger near-term earnings momentum than previously expected.
• Positive Sentiment: Longer-term expectations also improved: Zacks lifted Q1 2028 EPS to $0.98 from $0.48, Q2 2028 to $2.02 from $1.34, and FY2028 to $4.35 from $3.65. The revisions provide a positive catalyst for MEOH by implying better profitability over several forecast periods.
• Positive Sentiment: Methanex refinanced its Natgasoline bonds, deferring mandatory amortization payments and improving cash-flow flexibility. That could help the company manage liquidity during a softer operating period. MEOH Refinances Natgasoline Bonds to Improve Financial Flexibility
• Neutral Sentiment: The estimate changes are not uniformly positive. Zacks cut Q3 2027 EPS to $0.73 from $1.45 and Q4 2027 EPS to $0.82 from $1.24, indicating potential earnings volatility beyond 2027.
• Neutral Sentiment: The refinancing announcement noted that third-quarter EBITDA is expected to decline, which could weigh on results even as improved debt terms provide additional financial flexibility.

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).