William Blair Issues Negative Estimate for MOD Earnings

Modine Manufacturing Company (NYSE:MOD) – Equities research analysts at William Blair cut their Q3 2026 earnings per share (EPS) estimates for Modine Manufacturing in a note issued to investors on Thursday, October 30th. William Blair analyst B. Drab now anticipates that the auto parts company will earn $1.10 per share for the quarter, down from their previous estimate of $1.20. The consensus estimate for Modine Manufacturing’s current full-year earnings is $3.88 per share. William Blair also issued estimates for Modine Manufacturing’s Q4 2026 earnings at $1.48 EPS, FY2026 earnings at $4.73 EPS and FY2027 earnings at $6.65 EPS.

Modine Manufacturing (NYSE:MOD) last posted its quarterly earnings results on Tuesday, October 28th. The auto parts company reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.09. The company had revenue of $738.90 million for the quarter, compared to analysts’ expectations of $699.91 million. Modine Manufacturing had a return on equity of 23.99% and a net margin of 6.93%.The firm’s revenue was up 12.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.97 earnings per share. Modine Manufacturing has set its FY 2026 guidance at EPS.

MOD has been the topic of several other reports. Oppenheimer lifted their price objective on shares of Modine Manufacturing from $145.00 to $180.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 14th. KeyCorp lifted their price objective on shares of Modine Manufacturing from $160.00 to $175.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 14th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Modine Manufacturing in a research report on Wednesday, October 8th. Zacks Research cut shares of Modine Manufacturing from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 29th. Finally, Wall Street Zen cut shares of Modine Manufacturing from a “buy” rating to a “hold” rating in a research report on Saturday, August 2nd. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $185.00.

Modine Manufacturing Trading Up 0.4%

NYSE MOD opened at $153.85 on Friday. Modine Manufacturing has a twelve month low of $64.79 and a twelve month high of $166.94. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.28 and a current ratio of 2.06. The stock has a market cap of $8.08 billion, a price-to-earnings ratio of 44.46, a PEG ratio of 0.98 and a beta of 2.06. The firm’s 50 day moving average price is $148.22 and its two-hundred day moving average price is $118.06.

Institutional Investors Weigh In On Modine Manufacturing

A number of large investors have recently bought and sold shares of MOD. GAMMA Investing LLC boosted its holdings in Modine Manufacturing by 63.1% in the first quarter. GAMMA Investing LLC now owns 367 shares of the auto parts company’s stock worth $28,000 after purchasing an additional 142 shares in the last quarter. Bessemer Group Inc. boosted its holdings in Modine Manufacturing by 9,728.6% in the first quarter. Bessemer Group Inc. now owns 3,440 shares of the auto parts company’s stock worth $264,000 after purchasing an additional 3,405 shares in the last quarter. KBC Group NV boosted its holdings in Modine Manufacturing by 16.0% in the first quarter. KBC Group NV now owns 2,411 shares of the auto parts company’s stock worth $185,000 after purchasing an additional 333 shares in the last quarter. Cannon Global Investment Management LLC boosted its holdings in Modine Manufacturing by 25.0% in the first quarter. Cannon Global Investment Management LLC now owns 6,000 shares of the auto parts company’s stock worth $460,000 after purchasing an additional 1,200 shares in the last quarter. Finally, First Horizon Advisors Inc. boosted its holdings in Modine Manufacturing by 442.4% in the first quarter. First Horizon Advisors Inc. now owns 640 shares of the auto parts company’s stock worth $49,000 after purchasing an additional 522 shares in the last quarter. 95.23% of the stock is currently owned by institutional investors.

Insider Activity at Modine Manufacturing

In other news, Director Suresh V. Garimella sold 14,204 shares of the business’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $140.29, for a total transaction of $1,992,679.16. Following the transaction, the director directly owned 82,056 shares in the company, valued at $11,511,636.24. The trade was a 14.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Eric S. Mcginnis sold 25,173 shares of the business’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $140.86, for a total transaction of $3,545,868.78. Following the transaction, the insider owned 19,966 shares in the company, valued at approximately $2,812,410.76. This represents a 55.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 105,560 shares of company stock valued at $14,688,436. Insiders own 2.48% of the company’s stock.

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.