M&G Shaved 2.4% of Methanex After a Near-Doubling

8 hours ago 4

Seena Hassouna, The Motley Fool

Sun, May 17, 2026 astatine 2:18 PM CDT 4 min read

On May 13, 2026, M&G PLC disclosed it sold 303,555 shares of Methanex (NASDAQ:MEOH) successful the archetypal quarter, an estimated $15.27 cardinal commercialized based connected quarterly mean pricing.

M&G PLC sold 303,555 shares of Methanex; estimated transaction worth is $15.27 cardinal based connected quarterly mean pricing.
The quarter-end worth of the Methanex presumption roseate by $236.93 million, reflecting some trading enactment and stock terms appreciation.
This transaction represented 0.08% of M&G PLC’s reportable U.S. equity assets nether management.
After the trade, the money held 12,453,376 Methanex shares valued astatine $747.20 million.
The presumption present accounts for 4% of AUM, placing it arsenic the 4th largest holding for the fund.

What happened

According to an SEC filing dated May 13, 2026, M&G PLC reduced its holdings successful Methanex (NASDAQ:MEOH) by 303,555 shares during the archetypal quarter. The estimated worth of the shares sold is $15.27 million, calculated utilizing the mean unadjusted closing terms for the period. The quarter-end worth of the presumption accrued by $236.93 million, a alteration reflecting some income enactment and stock terms appreciation.

What other to cognize

The merchantability brought the Methanex presumption to 4% of M&G PLC’s 13F reportable assets nether absorption arsenic of March 31, 2026.
Top holdings aft the filing:
- NASDAQ: MSFT: $1.06 cardinal (5.6% of AUM)
- NYSE: AMCR: $1.01 cardinal (5.3% of AUM)
- NASDAQ: AZN: $816.77 cardinal (4.3% of AUM)
- NASDAQ: MEOH: $747.20 cardinal (4.0% of AUM)
- NASDAQ: META: $532.53 cardinal (2.8% of AUM)
As of May 15, 2026, shares of Methanex were priced astatine $63.38, up 89.5% implicit the past year, outperforming the S&P 500 by 64 percent points.

Company overview

Metric

Value

Price (as of marketplace adjacent May 15, 2026)	$63.38
Market capitalization	$4.90 billion
Revenue (TTM)	$3.67 billion
Net income (TTM)	$16.39 million

Company snapshot

MEOH produces and supplies methanol globally, with further gross from storage, terminal facilities, and ocean-going vas operations.
The institution operates a vertically integrated concern model, generating income done methanol production, offtake contracts, and spot marketplace purchases to conscionable lawsuit demand.
It serves chemic and petrochemical producers successful North America, Asia Pacific, Europe, and South America.

Methanex is simply a starring planetary supplier of methanol, leveraging vertically integrated operations and a dedicated shipping fleet to service concern clients worldwide. The company’s scale, planetary logistics capabilities, and diversified sourcing supply resilience and flexibility successful gathering lawsuit needs. Methanex’s strategical absorption connected planetary organisation and operational ratio positions it competitively wrong the chemicals sector.

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