Modine Manufacturing (NYSE:MOD) Issues Quarterly Earnings Results

Modine Manufacturing (NYSE:MOD) issued its earnings results on Tuesday. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.51 by $0.20, FiscalAI reports. The company had revenue of $954.40 million during the quarter, compared to analysts’ expectations of $920.68 million. Modine Manufacturing had a return on equity of 22.99% and a net margin of 3.40%.

Modine Manufacturing Stock Up 14.2%

Shares of NYSE MOD traded up $36.87 during midday trading on Tuesday, hitting $297.39. 3,563,700 shares of the company’s stock were exchanged, compared to its average volume of 1,278,433. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.19 and a quick ratio of 1.28. Modine Manufacturing has a twelve month low of $86.48 and a twelve month high of $323.25. The company has a market cap of $15.68 billion, a PE ratio of 165.22, a P/E/G ratio of 1.06 and a beta of 1.66. The firm’s fifty day simple moving average is $239.54 and its 200-day simple moving average is $191.78.

Trending Headlines about Modine Manufacturing

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

• Positive Sentiment: Modine announced a landmark $4 billion long-term capacity agreement through 2029 with a strategic data center customer, boosting revenue visibility and signaling strong demand for its cooling products. Article Title
• Positive Sentiment: The agreement includes a $165 million upfront payment from the customer, which should help Modine expand capacity and reduces near-term funding risk. Article Title
• Positive Sentiment: Analysts and market commentators said the deal strengthens the case for Modine’s growth in AI infrastructure and helps explain the stock’s sharp move higher. Article Title
• Neutral Sentiment: B. Riley raised its price target on Modine and kept a buy rating, but the new target was still below the market price, suggesting valuation is becoming more stretched. Article Title
• Neutral Sentiment: Modine reported its fiscal fourth-quarter and full-year 2026 results today, with investors watching for confirmation that the data center growth story is translating into strong earnings and guidance. Article Title

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Wellington Management Group LLP grew its stake in Modine Manufacturing by 4.7% during the 4th quarter. Wellington Management Group LLP now owns 2,879,299 shares of the auto parts company’s stock worth $384,415,000 after buying an additional 130,511 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in Modine Manufacturing by 31.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,333,174 shares of the auto parts company’s stock worth $311,503,000 after buying an additional 560,131 shares during the last quarter. Wasatch Advisors LP grew its stake in Modine Manufacturing by 1.4% during the 2nd quarter. Wasatch Advisors LP now owns 1,792,413 shares of the auto parts company’s stock worth $176,553,000 after buying an additional 23,955 shares during the last quarter. Invesco Ltd. grew its stake in Modine Manufacturing by 120.4% during the 4th quarter. Invesco Ltd. now owns 1,318,529 shares of the auto parts company’s stock worth $176,037,000 after buying an additional 720,389 shares during the last quarter. Finally, State Street Corp grew its stake in Modine Manufacturing by 4.2% during the 2nd quarter. State Street Corp now owns 1,309,488 shares of the auto parts company’s stock worth $128,985,000 after buying an additional 53,351 shares during the last quarter. Hedge funds and other institutional investors own 95.23% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Oppenheimer increased their price target on Modine Manufacturing from $220.00 to $240.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. Wall Street Zen lowered Modine Manufacturing from a “buy” rating to a “hold” rating in a research report on Sunday, February 22nd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Modine Manufacturing in a research report on Wednesday, May 6th. Glj Research assumed coverage on Modine Manufacturing in a research report on Monday, March 30th. They set a “buy” rating and a $290.00 target price on the stock. Finally, Zacks Research lowered Modine Manufacturing from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $238.57.

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.