Modine Manufacturing (NYSE:MOD) Posts Quarterly Earnings Results, Beats Estimates By $0.20 EPS

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

Modine Manufacturing Price Performance

NYSE MOD traded up $36.87 during mid-day trading on Tuesday, hitting $297.39. The stock had a trading volume of 3,563,700 shares, compared to its average volume of 1,278,433. The firm’s 50 day moving average is $239.54 and its 200 day moving average is $191.78. Modine Manufacturing has a twelve month low of $86.48 and a twelve month high of $323.25. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.19 and a quick ratio of 1.28. The stock has a market capitalization of $15.68 billion, a price-to-earnings ratio of 165.22, a PEG ratio of 1.06 and a beta of 1.66.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Visionary Wealth Advisors raised its stake in Modine Manufacturing by 13.4% in the 4th quarter. Visionary Wealth Advisors now owns 1,688 shares of the auto parts company’s stock valued at $225,000 after purchasing an additional 200 shares during the last quarter. United Capital Financial Advisors LLC purchased a new stake in Modine Manufacturing in the 3rd quarter valued at $223,000. Williams Jones Wealth Management LLC. purchased a new stake in Modine Manufacturing in the 3rd quarter valued at $213,000. American Trust purchased a new stake in Modine Manufacturing in the 3rd quarter valued at $209,000. Finally, Captrust Financial Advisors purchased a new stake in Modine Manufacturing in the 2nd quarter valued at $206,000. 95.23% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting 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

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Modine Manufacturing in a research note on Wednesday, May 6th. Wall Street Zen downgraded Modine Manufacturing from a “buy” rating to a “hold” rating in a research note on Sunday, February 22nd. DA Davidson reaffirmed a “buy” rating and set a $265.00 target price on shares of Modine Manufacturing in a research note on Tuesday, March 31st. Roth Mkm assumed coverage on Modine Manufacturing in a research note on Wednesday, February 18th. They set a “buy” rating and a $263.00 target price for the company. Finally, Oppenheimer upped their target price on Modine Manufacturing from $220.00 to $240.00 and gave the stock an “outperform” rating in a research note on Friday, February 6th. Seven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $238.57.

Modine Manufacturing Company Profile

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.