Modine Manufacturing (NYSE:MOD) Given New $178.00 Price Target at Cantor Fitzgerald

Modine Manufacturing (NYSE:MOD) had its price objective reduced by stock analysts at Cantor Fitzgerald from $275.00 to $178.00 in a report released on Thursday, Benzinga reports. The brokerage currently has an “overweight” rating on the auto parts company’s stock. Cantor Fitzgerald‘s price objective would indicate a potential upside of 84.13% from the stock’s current price.

A number of other brokerages also recently commented on MOD. DA Davidson reissued a “buy” rating and issued a $330.00 target price on shares of Modine Manufacturing in a research note on Tuesday, October 27th. KeyCorp cut their price objective on Modine Manufacturing from $280.00 to $225.00 and set an “overweight” rating on the stock in a research report on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of Modine Manufacturing in a research note on Tuesday, August 25th. Wall Street Zen downgraded Modine Manufacturing from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, Robert W. Baird assumed coverage on Modine Manufacturing in a research report on Tuesday, October 6th. They issued an “outperform” rating and a $300.00 target price for the company. One equities research 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 company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $286.56.

Modine Manufacturing Stock Down 22.9%

Shares of NYSE:MOD opened at $96.67 on Thursday. The stock has a 50-day simple moving average of $169.98 and a 200-day simple moving average of $214.59. The stock has a market capitalization of $5.13 billion, a P/E ratio of 21.70, a PEG ratio of 0.45 and a beta of 1.86. Modine Manufacturing has a 1 year low of $91.42 and a 1 year high of $323.25. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.22 and a current ratio of 2.04.

Modine Manufacturing (NYSE:MOD) last announced its quarterly earnings results on Tuesday, November 3rd. The auto parts company reported $1.35 earnings per share for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.12). Modine Manufacturing had a net margin of 3.58% and a return on equity of 26.28%. The business had revenue of $994.40 million for the quarter, compared to analyst estimates of $978.31 million. During the same period last year, the firm earned $0.83 earnings per share. The company’s quarterly revenue was up 34.6% on a year-over-year basis. Equities analysts forecast that Modine Manufacturing will post 7.02 earnings per share for the current year.

Institutional Investors Weigh In On Modine Manufacturing

A number of large investors have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of Modine Manufacturing during the second quarter worth about $765,540,000. Paradigm Capital Management Inc. NY acquired a new position in shares of Modine Manufacturing in the second quarter worth about $388,140,000. Reinhart Partners LLC. lifted its stake in shares of Modine Manufacturing by 76.4% in the third quarter. Reinhart Partners LLC. now owns 980,220 shares of the auto parts company’s stock worth $183,497,000 after acquiring an additional 424,534 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in Modine Manufacturing by 2,249.9% in the first quarter. Janus Henderson Group PLC now owns 523,507 shares of the auto parts company’s stock valued at $113,459,000 after purchasing an additional 501,229 shares during the last quarter. Finally, Jupiter Topco LLC purchased a new position in Modine Manufacturing in the second quarter valued at about $123,873,000. 95.23% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Modine Manufacturing

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

• Positive Sentiment: Modine reported record quarterly order intake of about $1 billion, with AI data-center demand a key driver. Management expects fiscal 2027 sales of $3.1 billion–$3.2 billion and adjusted EBITDA of $470 million–$500 million; data-center segment growth is projected at 80%–90%. Modine posts record $1B quarterly order intake on AI data center demand Modine fiscal 2027 outlook
• Neutral Sentiment: Second-quarter revenue rose 34.6% year over year to $994.4 million, exceeding analysts’ estimates, and the company raised its full-year revenue outlook for its core business. However, the results were mixed because earnings missed expectations. Modine Reports Second Quarter Fiscal 2027 Results
• Negative Sentiment: Adjusted quarterly EPS of $1.35 came in below the $1.47 consensus estimate. That shortfall, alongside reports of lower quarterly profit, likely overshadowed the revenue beat and upbeat demand outlook. Modine misses Q2 earnings estimates
• Negative Sentiment: KeyCorp lowered its price target to $225 from $280, although it maintained an Overweight rating. The reduction may add to near-term caution amid the earnings miss and steep share-price decline. KeyCorp price-target change

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.