Modine Manufacturing (NYSE:MOD) Shares Gap Up – Here’s Why

Modine Manufacturing Company (NYSE:MOD) shares gapped up prior to trading on Friday. The stock had previously closed at $106.10, but opened at $142.00. Modine Manufacturing shares last traded at $138.4370, with a volume of 2,364,245 shares.

Modine Manufacturing News Roundup

Here’s some of the latest news about MOD:

• Positive Sentiment: Samsung is reportedly discussing a potential acquisition of Modine, which could put a takeover premium in play. The reports describe talks, not a completed agreement, and provide no confirmed deal terms. Samsung Said in Talks to Acquire Data Center Cooling Firm Modine
• Neutral Sentiment: Modine plans to present an update on its multiyear growth strategy and new financial targets at its November 18 Analyst and Investor Day. The details could give investors a clearer view of its growth and capacity plans. Modine to Host Analyst and Investor Day on November 18, 2026
• Negative Sentiment: Execution and profitability remain risks: a recent quarterly report showed EPS below analyst expectations, while coverage cited supply-chain bottlenecks and weak margins. These pressures may weigh on results even as revenue and data-center demand grow. Supply Chain Bottlenecks and Weak Margin Dragged Modine Manufacturing Company in Q3

Analyst Ratings Changes

MOD has been the topic of a number of research analyst reports. Cantor Fitzgerald reduced 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, November 5th. B. Riley Financial dropped their price target on Modine Manufacturing from $305.00 to $285.00 and set a “buy” rating for the company in a research note on Thursday, October 29th. UBS Group cut their price objective on Modine Manufacturing from $355.00 to $160.00 and set a “buy” rating on the stock in a report on Thursday, November 5th. Robert W. Baird assumed coverage on Modine Manufacturing in a research note on Tuesday, October 6th. They issued an “outperform” rating and a $300.00 price objective on the stock. Finally, Oppenheimer decreased their target price on Modine Manufacturing from $260.00 to $215.00 and set an “outperform” rating for the company in a report on Thursday, November 5th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $264.89.

Modine Manufacturing Stock Up 26.9%

The firm’s 50-day moving average price is $160.34 and its 200-day moving average price is $213.34. The company has a market cap of $7.16 billion, a price-to-earnings ratio of 56.23, a price-to-earnings-growth ratio of 0.43 and a beta of 1.86. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.17 and a quick ratio of 1.34.

Modine Manufacturing (NYSE:MOD) last issued its 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 during the quarter, compared to analysts’ expectations of $978.31 million. Modine Manufacturing had a net margin of 3.58% and a return on equity of 25.96%. The business’s revenue was up 34.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.83 EPS. Sell-side analysts forecast that Modine Manufacturing Company will post 6.25 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in MOD. Rakuten Securities Inc. acquired a new position in shares of Modine Manufacturing during the second quarter worth about $40,000. PenderFund Capital Management Ltd. purchased a new stake in shares of Modine Manufacturing in the second quarter worth about $42,000. Vega Investment Solutions acquired a new stake in shares of Modine Manufacturing in the second quarter valued at about $52,000. TD Waterhouse Canada Inc. acquired a new stake in shares of Modine Manufacturing in the second quarter valued at about $55,000. Finally, Optiver Holding B.V. grew its stake in shares of Modine Manufacturing by 19.7% in the first quarter. Optiver Holding B.V. now owns 237 shares of the auto parts company’s stock valued at $51,000 after buying an additional 39 shares in the last quarter. 95.23% of the stock is owned by hedge funds and other institutional investors.

Modine Manufacturing Company Profile

Modine Manufacturing Company is a global provider of thermal management solutions, serving markets that need to control heating, cooling and temperature-related performance. Founded in 1916 by Arthur B. Modine, the company is headquartered in Racine, Wisconsin. Through its Climate Solutions business, Modine supplies heating, ventilation and air conditioning equipment for commercial and industrial buildings, as well as cooling systems for data centers. Its offerings include chillers, heat exchangers and other equipment designed to manage indoor environments and remove heat from technology infrastructure.