Universal Beteiligungs und Servicegesellschaft mbH Has $5.57 Million Stake in Modine Manufacturing Company $MOD

Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in shares of Modine Manufacturing Company (NYSE:MOD) by 59.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 56,505 shares of the auto parts company’s stock after purchasing an additional 21,064 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of Modine Manufacturing worth $5,566,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Modine Manufacturing by 2.5% in the first quarter. Vanguard Group Inc. now owns 5,187,554 shares of the auto parts company’s stock valued at $398,145,000 after buying an additional 128,587 shares during the period. Wellington Management Group LLP lifted its position in shares of Modine Manufacturing by 293.7% during the 1st quarter. Wellington Management Group LLP now owns 2,468,788 shares of the auto parts company’s stock valued at $189,479,000 after acquiring an additional 1,841,640 shares during the period. Geode Capital Management LLC lifted its position in shares of Modine Manufacturing by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 1,214,976 shares of the auto parts company’s stock valued at $119,690,000 after acquiring an additional 14,096 shares during the period. Reinhart Partners LLC. grew its holdings in shares of Modine Manufacturing by 24.6% during the 2nd quarter. Reinhart Partners LLC. now owns 1,091,561 shares of the auto parts company’s stock worth $107,520,000 after purchasing an additional 215,727 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. increased its position in shares of Modine Manufacturing by 27.3% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 842,379 shares of the auto parts company’s stock worth $64,653,000 after purchasing an additional 180,539 shares during the period. 95.23% of the stock is currently owned by institutional investors and hedge funds.

Modine Manufacturing Price Performance

MOD stock opened at $142.64 on Friday. The stock has a market cap of $7.51 billion, a price-to-earnings ratio of 41.23, a P/E/G ratio of 0.98 and a beta of 2.07. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.06 and a quick ratio of 1.28. The company has a 50 day simple moving average of $149.34 and a 200 day simple moving average of $124.45. Modine Manufacturing Company has a 1 year low of $64.79 and a 1 year high of $166.94.

Modine Manufacturing (NYSE:MOD) last issued its earnings results on Tuesday, October 28th. The auto parts company reported $1.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.09. The firm had revenue of $738.90 million for the quarter, compared to analyst estimates of $699.91 million. Modine Manufacturing had a net margin of 6.93% and a return on equity of 23.99%. The company’s quarterly revenue was up 12.3% on a year-over-year basis. During the same quarter last year, the business posted $0.97 earnings per share. Modine Manufacturing has set its FY 2026 guidance at EPS. Research analysts anticipate that Modine Manufacturing Company will post 3.88 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on MOD shares. UBS Group began coverage on shares of Modine Manufacturing in a research report on Thursday. They set a “buy” rating and a $173.00 price objective for the company. KeyCorp boosted their target price on shares of Modine Manufacturing from $160.00 to $175.00 and gave the company an “overweight” rating in a research report on Tuesday, October 14th. DA Davidson reiterated a “buy” rating and set a $200.00 price target on shares of Modine Manufacturing in a research report on Wednesday. Zacks Research cut shares of Modine Manufacturing from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Finally, Oppenheimer upped their target price on Modine Manufacturing from $145.00 to $180.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 14th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $182.00.

Modine Manufacturing Company Profile

Modine Manufacturing Company provides thermal management products and solutions in the United States, Italy, Hungary, China, the United Kingdom, and internationally. It operates through Climate Solutions and Performance Technologies segments. The company offers heat transfer coils, including heat recovery and round tube plate fin coils; gas-fired, hydronic, electric and oilfired unit heaters; roof-mounted direct- and indirect-fired makeup air units; duct furnaces; infrared units; perimeter heating products; single packaged unit ventilators; modular chillers; air handler and condensing units; ceiling cassettes; evaporator unit coolers, remote condensers, fluid coolers, gas coolers, and dry and brine coolers; and motor and generator cooling coils, transformer oil coolers, radiators, dryers, and industrial heat exchangers.