20,080 Shares in Modine Manufacturing Company $MOD Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new position in Modine Manufacturing Company (NYSE:MOD) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 20,080 shares of the auto parts company’s stock, valued at approximately $3,461,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. The Manufacturers Life Insurance Company purchased a new stake in Modine Manufacturing during the second quarter valued at approximately $4,478,000. Lazard Asset Management LLC bought a new stake in shares of Modine Manufacturing during the 1st quarter valued at $1,722,000. Robinhood Asset Management LLC bought a new stake in shares of Modine Manufacturing during the 2nd quarter valued at $8,848,000. Reinhart Partners LLC. increased its stake in shares of Modine Manufacturing by 76.4% in the 3rd quarter. Reinhart Partners LLC. now owns 980,220 shares of the auto parts company’s stock worth $183,497,000 after purchasing an additional 424,534 shares in the last quarter. Finally, Ranger Investment Management L.P. purchased a new stake in shares of Modine Manufacturing in the 1st quarter worth $15,557,000. 95.23% of the stock is currently owned by hedge funds and other institutional investors.

Modine Manufacturing Price Performance

Shares of MOD traded up $4.53 during trading hours on Friday, reaching $95.92. 2,970,915 shares of the stock traded hands, compared to its average volume of 1,417,418. The company has a market cap of $5.09 billion, a P/E ratio of 40.13, a price-to-earnings-growth ratio of 0.44 and a beta of 1.86. The company has a current ratio of 2.04, a quick ratio of 1.22 and a debt-to-equity ratio of 0.39. The company’s 50-day moving average price is $166.23 and its two-hundred day moving average price is $214.16. Modine Manufacturing Company has a 52-week low of $87.84 and a 52-week high of $323.25.

Modine Manufacturing (NYSE:MOD) last posted its quarterly earnings results on Tuesday, November 3rd. The auto parts company reported $1.35 EPS for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.12). The business had revenue of $994.40 million for the quarter, compared to the consensus estimate of $978.31 million. Modine Manufacturing had a net margin of 4.28% and a return on equity of 25.59%. Modine Manufacturing’s revenue was up 34.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.83 earnings per share. On average, analysts anticipate that Modine Manufacturing Company will post 7.02 earnings per share for the current year.

Wall Street Analysts Forecast Growth

MOD has been the topic of a number of recent research reports. Cantor Fitzgerald decreased their target price on Modine Manufacturing from $275.00 to $178.00 and set an “overweight” rating on the stock in a report on Thursday. B. Riley Financial reduced their price target on Modine Manufacturing from $305.00 to $285.00 and set a “buy” rating for the company in a research report on Thursday, October 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Modine Manufacturing in a research note on Tuesday, August 25th. Zacks Research cut Modine Manufacturing from a “hold” rating to a “strong sell” rating in a research report on Friday, October 16th. Finally, Oppenheimer cut their price objective on Modine Manufacturing from $260.00 to $215.00 and set an “outperform” rating for the company in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Modine Manufacturing currently has a consensus rating of “Moderate Buy” and an average price target of $264.89.

Modine Manufacturing News Summary

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

• Positive Sentiment: Management raised its fiscal 2027 outlook, with reported expectations of 52.5% revenue growth and more than 50% adjusted EBITDA growth. The company cited accelerating data-center demand and plans to expand production capacity. Article: Modine Freefalls: AI Apocalypse Fears Meet Multi-Year Growth Tailwinds
• Positive Sentiment: Modine recorded a quarterly order intake of about $1 billion, highlighting potential for continued growth from AI-related data-center infrastructure demand. Article: Modine posts record $1B quarterly order intake on AI data center demand
• Neutral Sentiment: Analysts cut price targets—including UBS to $160 from $355—but retained positive ratings, including “buy.” The revisions reflect a more cautious valuation view even as analysts see substantial potential from current levels. Article: UBS Adjusts Modine Manufacturing Price Target
• Negative Sentiment: Fiscal second-quarter earnings missed analyst estimates; reports also cited weaker margins and faster cash burn. Negative free cash flow and rising net debt add to concerns about execution and the sustainability of AI-related spending. Article: Modine Q2 Earnings Miss: Is the Stock a Buy, Hold or Sell?

Modine Manufacturing Company Profile

Modine Manufacturing Company (NYSE: MOD) is a diversified thermal management company that develops and manufactures solutions for managing heat in vehicles, equipment, buildings and industrial systems. Its products are designed to improve efficiency, reliability and performance across a range of applications.

The company serves the automotive, commercial vehicle, off-highway, power generation, data center, heating, ventilation, air conditioning and refrigeration markets. Its offerings include heat exchangers, radiators, charge air coolers, battery and power electronics cooling systems, liquid-cooling equipment, coils and other thermal management components and systems.

Founded in 1916 by Arthur B.