T. Rowe Price Investment Management Reports 5.9% Stake in Methode Electronics Inc

On May 15, 2026, T. Rowe Price Investment Management, Inc. filed a Schedule 13G with the SEC, disclosing a new significant ownership stake in Methode Electronics Inc (MEI). As of the event date on March 31, 2026, the investment firm reported beneficial ownership of 2,088,968 shares of common stock, representing a 5.9% stake in the company. This filing marks an increase from a previous ownership level of 0.0%. The filing indicates that T. Rowe Price Investment Management, Inc. holds sole voting and dispositive power over all 2,088,968 shares. The securities were acquired in the ordinary course of business and are not held for the purpose of changing or influencing control of the issuer. T. Rowe Price Investment Management, Inc. is a Maryland-based investment adviser. The total value of the position is estimated at approximately $21,996,833 based on the reported data. This move establishes T. Rowe Price as a major institutional shareholder in the electronics manufacturer.