Modine Manufacturing (NYSE:MOD) Stock Price Up 4% – Here’s Why

Modine Manufacturing Company (NYSE:MOD)’s share price traded up 4% on Friday . The company traded as high as $188.08 and last traded at $183.77. 181,147 shares changed hands during trading, a decline of 88% from the average session volume of 1,554,880 shares. The stock had previously closed at $176.72.

Modine Manufacturing News Summary

Here are the key news stories impacting Modine Manufacturing this week:

• Positive Sentiment: Modine and Gentherm announced a planned combination of Modine’s Performance Technologies business in a Reverse Morris Trust transaction (~$1.0B valuation post-synergy). The deal is presented as transformational — creating a scaled thermal-management leader, delivering synergies, a more balanced portfolio and accelerating Modine’s shift toward higher-margin climate solutions. Management hosted investor calls this morning. Gentherm and Modine’s Performance Technologies Business to Combine
• Positive Sentiment: DA Davidson reiterated a “buy” rating and set a $200 price target on MOD, signaling analyst conviction that shares have further upside versus recent levels. This upgrade/affirmation helped validate the deal thesis for investors. Modine Manufacturing Receives “Buy” Rating from DA Davidson
• Positive Sentiment: Unusual options activity: traders bought ~5,600 call contracts (≈254% above typical call volume), a clear near-term bullish signal that likely amplified the stock move as speculators and hedged investors positioned for upside.
• Positive Sentiment: Momentum and sentiment pieces note a sizable intraday surge and upward revisions to earnings estimates, suggesting continued analyst and investor enthusiasm could sustain gains in the near term. Modine (MOD) Soars 20.3%: Is Further Upside Left in the Stock?
• Neutral Sentiment: Zacks published a deeper look at analyst estimates for Modine’s fiscal Q3 (beyond revenue and EPS), providing data investors can use to judge whether the quarter and the M&A plan support the higher valuation. Useful for modeling but not new catalyst. Exploring Analyst Estimates for Modine (MOD) Q3 Earnings
• Neutral Sentiment: Transcripts and slides from Modine’s investor/M&A calls (and coverage pieces) are available for investors who want detail on transaction mechanics, pro forma ownership (expected ~40% Modine / 60% Gentherm) and synergy assumptions — useful for due diligence but not an immediate price driver beyond initial announcement. Modine Discusses Spin-Off and Combination of Performance Technologies Segment with Gentherm Transcript

Wall Street Analyst Weigh In

A number of analysts have weighed in on MOD shares. UBS Group started coverage on Modine Manufacturing in a research report on Thursday, November 20th. They issued a “buy” rating and a $173.00 price target for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Modine Manufacturing in a report on Monday, December 29th. KeyCorp raised their target price on shares of Modine Manufacturing from $160.00 to $175.00 and gave the company an “overweight” rating in a research note on Tuesday, October 14th. Oppenheimer upped their price target on shares of Modine Manufacturing from $185.00 to $220.00 and gave the company an “outperform” rating in a report on Friday. Finally, DA Davidson reiterated a “buy” rating and issued a $200.00 price objective on shares of Modine Manufacturing in a research note on Thursday. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $192.00.

Modine Manufacturing Trading Up 6.1%

The stock has a market cap of $9.87 billion, a P/E ratio of 54.17, a PEG ratio of 0.93 and a beta of 1.70. The business’s 50 day simple moving average is $143.25 and its 200 day simple moving average is $140.38. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.00 and a quick ratio of 1.16.

Modine Manufacturing (NYSE:MOD) last announced its quarterly earnings results on Tuesday, October 28th. The auto parts company reported $1.06 EPS for the quarter, beating the consensus estimate of $0.97 by $0.09. The business had revenue of $738.90 million for the quarter, compared to analyst estimates of $699.91 million. Modine Manufacturing had a return on equity of 23.19% and a net margin of 6.93%.Modine Manufacturing’s quarterly revenue was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.97 EPS. On average, analysts expect that Modine Manufacturing Company will post 3.88 earnings per share for the current fiscal year.

Insider Buying and Selling at Modine Manufacturing

In other news, CEO Neil David Brinker sold 31,871 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $160.56, for a total value of $5,117,207.76. Following the completion of the sale, the chief executive officer directly owned 238,312 shares in the company, valued at approximately $38,263,374.72. This trade represents a 11.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Suresh V. Garimella sold 1,100 shares of the firm’s stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $150.00, for a total transaction of $165,000.00. Following the completion of the sale, the director owned 80,956 shares of the company’s stock, valued at $12,143,400. The trade was a 1.34% decrease in their position. The SEC filing for this sale provides additional information. 2.48% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Spire Wealth Management acquired a new position in shares of Modine Manufacturing during the fourth quarter valued at $27,000. First Horizon Corp bought a new stake in Modine Manufacturing during the 3rd quarter worth about $38,000. Sunbelt Securities Inc. acquired a new position in Modine Manufacturing during the 3rd quarter valued at about $39,000. Danske Bank A S acquired a new position in Modine Manufacturing during the 3rd quarter valued at about $43,000. Finally, Toth Financial Advisory Corp bought a new position in shares of Modine Manufacturing in the 3rd quarter valued at about $57,000. Institutional investors and hedge funds own 95.23% of the company’s stock.

About Modine Manufacturing

Modine Manufacturing Company (NYSE:MOD) is a global provider of thermal management solutions serving automotive, commercial transportation, heavy-duty off-highway, industrial, HVAC and refrigeration markets. The company designs, manufactures, tests and markets a broad array of heat-transfer products that manage temperature and energy efficiency for engines, power electronics and building climate control systems.

Its product portfolio includes heat exchangers, condensers, radiators, evaporators, charge air coolers, fan systems and associated controls.