Modine Manufacturing (NYSE:MOD) Sets New 12-Month High Following Better-Than-Expected Earnings

Shares of Modine Manufacturing Company (NYSE:MOD) reached a new 52-week high on Tuesday following a stronger than expected earnings report. The stock traded as high as $314.87 and last traded at $314.09, with a volume of 514541 shares. The stock had previously closed at $260.52.

The auto parts company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.51 by $0.20. The firm had revenue of $954.40 million for the quarter, compared to analyst estimates of $920.67 million. Modine Manufacturing had a return on equity of 25.15% and a net margin of 3.82%.The business’s quarterly revenue was up 47.5% compared to the same quarter last year. During the same period last year, the company earned $1.12 EPS.

Trending Headlines about Modine Manufacturing

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

• Positive Sentiment: Modine reported fiscal Q4 results that beat Wall Street expectations, with EPS of $1.71 versus $1.51 expected and revenue of $954.4 million versus $920.7 million expected. Management also highlighted record full-year performance, driven by strong demand for data-center cooling. Modine Reports Fourth Quarter Fiscal 2026 Results
• Positive Sentiment: The company announced a long-term agreement to supply more than $4 billion of data-center cooling products through 2029, including a $165 million upfront customer payment to help fund capacity expansion. Investors are viewing the deal as a major validation of Modine’s position in AI infrastructure. MarketWatch article on $4B deal
• Positive Sentiment: KeyCorp raised its price target on Modine to $370 from $250 and reiterated an overweight rating, signaling higher confidence in the company’s growth outlook after the earnings and contract news. Modine Manufacturing Co (MOD) Q4 2026 Earnings Call Highlights
• Neutral Sentiment: DA Davidson reaffirmed a buy rating but kept a $265 price target, which is below the stock’s recent trading level and may suggest some analyst caution despite strong fundamentals. Benzinga analyst update
• Neutral Sentiment: Modine also updated FY2027 revenue guidance to a range of $3.1 billion to $3.9 billion, roughly in line with consensus near $3.8 billion, keeping investor focus on whether data-center demand can sustain the current growth rate.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on MOD. UBS Group restated a “buy” rating and issued a $310.00 price target on shares of Modine Manufacturing in a research report on Wednesday. Weiss Ratings restated a “hold (c-)” rating on shares of Modine Manufacturing in a research report on Wednesday, May 6th. Zacks Research lowered Modine Manufacturing from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. KeyCorp raised their price target on Modine Manufacturing from $250.00 to $370.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, Roth Mkm began coverage on Modine Manufacturing in a research report on Wednesday, February 18th. They issued a “buy” rating and a $263.00 price target on the stock. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Modine Manufacturing currently has an average rating of “Moderate Buy” and a consensus price target of $286.00.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in MOD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Modine Manufacturing by 26.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 37,223 shares of the auto parts company’s stock worth $2,857,000 after purchasing an additional 7,831 shares during the last quarter. California Public Employees Retirement System raised its stake in Modine Manufacturing by 8.3% during the 2nd quarter. California Public Employees Retirement System now owns 68,702 shares of the auto parts company’s stock worth $6,767,000 after buying an additional 5,244 shares during the period. State Street Corp raised its stake in Modine Manufacturing by 4.2% during the 2nd quarter. State Street Corp now owns 1,309,488 shares of the auto parts company’s stock worth $128,985,000 after buying an additional 53,351 shares during the period. Qube Research & Technologies Ltd raised its stake in Modine Manufacturing by 106.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 161,319 shares of the auto parts company’s stock worth $15,890,000 after buying an additional 83,105 shares during the period. Finally, Sei Investments Co. raised its stake in Modine Manufacturing by 70.8% during the 2nd quarter. Sei Investments Co. now owns 309,653 shares of the auto parts company’s stock worth $30,501,000 after buying an additional 128,348 shares during the period. 95.23% of the stock is currently owned by institutional investors.

Modine Manufacturing Price Performance

The firm has a market cap of $14.77 billion, a price-to-earnings ratio of 125.01, a P/E/G ratio of 1.20 and a beta of 1.66. The company has a current ratio of 2.19, a quick ratio of 1.28 and a debt-to-equity ratio of 0.51. The company has a 50 day moving average of $243.35 and a 200 day moving average of $193.73.

About Modine Manufacturing

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.