Modine Manufacturing Company $MOD Stake Boosted by CenterBook Partners LP

CenterBook Partners LP increased its holdings in Modine Manufacturing Company (NYSE:MOD) by 2,128.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 106,992 shares of the auto parts company’s stock after acquiring an additional 102,191 shares during the quarter. Modine Manufacturing accounts for 0.9% of CenterBook Partners LP’s portfolio, making the stock its 13th largest position. CenterBook Partners LP’s holdings in Modine Manufacturing were worth $20,029,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in Modine Manufacturing during the second quarter valued at approximately $765,540,000. Paradigm Capital Management Inc. NY purchased a new position in shares of Modine Manufacturing during the 2nd quarter worth $388,140,000. Reinhart Partners LLC. boosted its stake in shares of Modine Manufacturing by 76.4% during the 3rd 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 during the last quarter. Jupiter Topco LLC purchased a new position in shares of Modine Manufacturing during the 2nd quarter worth $123,873,000. Finally, Blue Whale Capital LLP bought a new stake in shares of Modine Manufacturing during the 2nd quarter valued at $123,747,000. 95.23% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of Modine Manufacturing in a research note on Tuesday, August 25th. DA Davidson reaffirmed a “buy” rating and issued a $330.00 target price on shares of Modine Manufacturing in a report on Tuesday, October 27th. B. Riley Financial lowered their target price on Modine Manufacturing from $305.00 to $285.00 and set a “buy” rating on the stock in a research report on Thursday, October 29th. KeyCorp cut their price target on Modine Manufacturing from $280.00 to $225.00 and set an “overweight” rating for the company in a report on Wednesday. Finally, Cantor Fitzgerald reduced their price target on Modine Manufacturing from $275.00 to $178.00 and set an “overweight” rating for the company in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $264.89.

Modine Manufacturing Stock Performance

NYSE MOD traded up $4.53 on Friday, reaching $95.92. 2,970,915 shares of the stock were exchanged, compared to its average volume of 1,417,418. The company has a current ratio of 2.04, a quick ratio of 1.22 and a debt-to-equity ratio of 0.39. Modine Manufacturing Company has a one year low of $87.84 and a one year high of $323.25. The firm has a market capitalization of $5.09 billion, a PE ratio of 40.13, a PEG ratio of 0.44 and a beta of 1.86. The company’s 50-day simple moving average is $166.23 and its two-hundred day simple moving average is $214.16.

Modine Manufacturing (NYSE:MOD) last posted 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). The firm had revenue of $994.40 million during the quarter, compared to the consensus estimate of $978.31 million. Modine Manufacturing had a return on equity of 25.59% and a net margin of 4.28%. The business’s revenue for the quarter was up 34.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.83 earnings per share. Analysts expect that Modine Manufacturing Company will post 7.02 EPS for the current fiscal year.

Key Headlines Impacting Modine Manufacturing

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.