What is William Blair’s Forecast for MOD Q4 Earnings?

Modine Manufacturing (NYSE:MOD) – Equities research analysts at William Blair lifted their Q4 2026 EPS estimates for Modine Manufacturing in a research note issued to investors on Thursday, May 22nd. William Blair analyst B. Drab now forecasts that the auto parts company will post earnings of $1.40 per share for the quarter, up from their prior estimate of $1.28. The consensus estimate for Modine Manufacturing’s current full-year earnings is $3.88 per share.

Modine Manufacturing (NYSE:MOD) last released its quarterly earnings data on Tuesday, May 20th. The auto parts company reported $1.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.16. The company had revenue of $647.20 million for the quarter, compared to analyst estimates of $633.13 million. Modine Manufacturing had a return on equity of 24.25% and a net margin of 6.31%. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.77 earnings per share.

A number of other research firms also recently commented on MOD. Oppenheimer lifted their target price on Modine Manufacturing from $114.00 to $121.00 and gave the company an “outperform” rating in a research report on Thursday. DA Davidson reaffirmed a “buy” rating and issued a $155.00 price objective on shares of Modine Manufacturing in a research note on Monday, March 17th.

Modine Manufacturing Stock Performance

NYSE:MOD opened at $90.13 on Friday. The firm has a market capitalization of $4.74 billion, a price-to-earnings ratio of 30.24, a PEG ratio of 0.71 and a beta of 2.08. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.87 and a quick ratio of 1.18. The company’s 50-day moving average is $85.23 and its two-hundred day moving average is $103.60. Modine Manufacturing has a 1-year low of $64.79 and a 1-year high of $146.84.

Hedge Funds Weigh In On Modine Manufacturing

Several large investors have recently bought and sold shares of MOD. Skandinaviska Enskilda Banken AB publ raised its position in shares of Modine Manufacturing by 567.6% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 227 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 193 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Modine Manufacturing by 63.1% during the 1st quarter. GAMMA Investing LLC now owns 367 shares of the auto parts company’s stock worth $28,000 after buying an additional 142 shares during the last quarter. Versant Capital Management Inc boosted its holdings in shares of Modine Manufacturing by 245.9% in the 1st quarter. Versant Capital Management Inc now owns 422 shares of the auto parts company’s stock valued at $32,000 after buying an additional 300 shares in the last quarter. Principal Securities Inc. lifted its position in Modine Manufacturing by 97.8% in the fourth quarter. Principal Securities Inc. now owns 544 shares of the auto parts company’s stock valued at $63,000 after acquiring an additional 269 shares during the last quarter. Finally, Central Pacific Bank Trust Division acquired a new position in Modine Manufacturing in the first quarter valued at $46,000. Hedge funds and other institutional investors own 95.23% of the company’s stock.

Insider Buying and Selling

In other news, Director William A. Wulfsohn acquired 2,530 shares of Modine Manufacturing stock in a transaction dated Monday, March 3rd. The shares were acquired at an average cost of $79.43 per share, for a total transaction of $200,957.90. Following the acquisition, the director now owns 7,277 shares of the company’s stock, valued at $578,012.11. This trade represents a 53.30% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.40% of the stock is currently owned by insiders.

Modine Manufacturing announced that its board has approved a share buyback program on Friday, March 7th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the auto parts company to reacquire up to 2.4% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Modine Manufacturing Company Profile

Modine Manufacturing Company provides thermal management products and solutions in the United States, Italy, Hungary, China, the United Kingdom, and internationally. It operates through Climate Solutions and Performance Technologies segments. The company offers heat transfer coils, including heat recovery and round tube plate fin coils; gas-fired, hydronic, electric and oilfired unit heaters; roof-mounted direct- and indirect-fired makeup air units; duct furnaces; infrared units; perimeter heating products; single packaged unit ventilators; modular chillers; air handler and condensing units; ceiling cassettes; evaporator unit coolers, remote condensers, fluid coolers, gas coolers, and dry and brine coolers; and motor and generator cooling coils, transformer oil coolers, radiators, dryers, and industrial heat exchangers.