Modine Manufacturing (NYSE:MOD – Free Report) – Equities research analysts at KeyCorp issued their Q1 2026 EPS estimates for Modine Manufacturing in a note issued to investors on Thursday, June 12th. KeyCorp analyst D. Tarantino anticipates that the auto parts company will post earnings per share of $0.95 for the quarter. KeyCorp currently has a “Overweight” rating and a $125.00 price target on the stock. The consensus estimate for Modine Manufacturing’s current full-year earnings is $3.88 per share. KeyCorp also issued estimates for Modine Manufacturing’s Q2 2026 earnings at $1.14 EPS, Q3 2026 earnings at $1.15 EPS, Q4 2026 earnings at $1.31 EPS, FY2026 earnings at $4.55 EPS and FY2027 earnings at $5.55 EPS.
Several other equities analysts have also weighed in on the stock. Wall Street Zen raised shares of Modine Manufacturing from a “hold” rating to a “buy” rating in a research report on Saturday, June 7th. DA Davidson reaffirmed a “buy” rating and set a $155.00 price objective on shares of Modine Manufacturing in a research report on Monday, March 17th. Finally, Oppenheimer raised their price objective on shares of Modine Manufacturing from $114.00 to $121.00 and gave the company an “outperform” rating in a research report on Thursday, May 22nd. Six analysts have rated the stock with a buy rating, According to MarketBeat, Modine Manufacturing currently has a consensus rating of “Buy” and an average price target of $135.25.
Modine Manufacturing Price Performance
Shares of MOD opened at $93.81 on Monday. The firm has a market cap of $4.91 billion, a PE ratio of 31.48, a PEG ratio of 0.71 and a beta of 2.06. The firm’s 50 day moving average price is $88.38 and its 200 day moving average price is $99.13. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.18 and a current ratio of 1.87. Modine Manufacturing has a twelve month low of $64.79 and a twelve month high of $146.84.
Modine Manufacturing (NYSE:MOD – Get Free Report) last posted its quarterly earnings results on Tuesday, May 20th. The auto parts company reported $1.12 EPS for the quarter, topping the consensus estimate of $0.96 by $0.16. The business had revenue of $647.20 million during the quarter, compared to analysts’ expectations of $633.13 million. Modine Manufacturing had a net margin of 6.31% and a return on equity of 24.25%. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period last year, the company posted $0.77 earnings per share.
Hedge Funds Weigh In On Modine Manufacturing
Institutional investors have recently modified their holdings of the company. Skandinaviska Enskilda Banken AB publ raised its position in shares of Modine Manufacturing by 567.6% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 227 shares of the auto parts company’s stock valued at $27,000 after purchasing an additional 193 shares during the period. GAMMA Investing LLC increased its position in Modine Manufacturing by 63.1% during the first quarter. GAMMA Investing LLC now owns 367 shares of the auto parts company’s stock worth $28,000 after acquiring an additional 142 shares during the period. Versant Capital Management Inc increased its position in Modine Manufacturing by 245.9% during the first quarter. Versant Capital Management Inc now owns 422 shares of the auto parts company’s stock worth $32,000 after acquiring an additional 300 shares during the period. Central Pacific Bank Trust Division bought a new position in Modine Manufacturing during the first quarter worth $46,000. Finally, First Horizon Advisors Inc. increased its position in Modine Manufacturing by 442.4% during the first quarter. First Horizon Advisors Inc. now owns 640 shares of the auto parts company’s stock worth $49,000 after acquiring an additional 522 shares during the period. Institutional investors own 95.23% of the company’s stock.
Modine Manufacturing declared that its Board of Directors has initiated a share buyback program on Friday, March 7th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the auto parts company to buy up to 2.4% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s management believes its stock is undervalued.
About Modine Manufacturing
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.
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