Modine Manufacturing (NYSE:MOD) Trading 4% Higher – Should You Buy?

Modine Manufacturing Company (NYSE:MOD)’s stock price rose 4% on Friday . The stock traded as high as $188.08 and last traded at $183.77. Approximately 181,147 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 1,554,880 shares. The stock had previously closed at $176.72.

Key Stories Impacting Modine Manufacturing

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

• Positive Sentiment: Modine and Gentherm announced a deal to combine Modine’s Performance Technologies unit with Gentherm in a reverse Morris Trust transaction (~$1.0B value) that creates a scaled thermal-management leader and accelerates Modine’s transformation to a higher-margin climate solutions business. This is the primary strategic catalyst lifting the stock. Gentherm and Modine Combine – GlobeNewswire
• Positive Sentiment: DA Davidson reaffirmed a Buy on MOD with a $200 price target, providing a near-term analyst endorsement and visible upside from current levels that likely supports additional buying interest. DA Davidson Buy Rating – American Banking News
• Positive Sentiment: Unusual options activity: traders purchased ~5,600 MOD calls (≈254% above typical call volume), signaling bullish speculative interest that can amplify intraday moves. (No article link)
• Positive Sentiment: Market commentary and momentum pieces note a recent strong rally and upward estimate revisions, suggesting momentum traders and upgraded forecasts are contributing to the price run. Modine Soars 20.3% – Zacks
• Positive Sentiment: News outlets covered the share jump tied to the Gentherm merger details, increasing visibility among investors and likely driving higher volume. Modine Shares Jump on $1B Merger – MSN
• Neutral Sentiment: Analyst/deep-dive pieces are updating estimates and looking beyond revenue/EPS to metrics that will matter for the quarter; these are informative but not immediate price drivers. Exploring Analyst Estimates – Zacks
• Neutral Sentiment: Transcripts/slides from recent Modine investor/M&A calls provide detail on the spin-off and combination mechanics; useful for assessing deal execution and timing but incremental to headline-driven moves. M&A Call Transcript – Seeking Alpha

Wall Street Analysts Forecast Growth

MOD has been the subject of several recent analyst reports. DA Davidson restated a “buy” rating and issued a $200.00 target price on shares of Modine Manufacturing in a research report on Thursday. UBS Group started coverage on Modine Manufacturing in a report on Thursday, November 20th. They issued a “buy” rating and a $173.00 price objective for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Modine Manufacturing in a research note on Monday, December 29th. KeyCorp boosted their price target on Modine Manufacturing from $160.00 to $175.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 14th. Finally, Oppenheimer raised their price target on Modine Manufacturing from $185.00 to $220.00 and gave the company an “outperform” rating in a report on Friday. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $192.00.

Modine Manufacturing Trading Up 4.9%

The company has a debt-to-equity ratio of 0.50, a current ratio of 2.00 and a quick ratio of 1.16. The business has a fifty day moving average of $144.10 and a 200-day moving average of $141.39. The stock has a market capitalization of $9.76 billion, a price-to-earnings ratio of 53.56, a price-to-earnings-growth ratio of 1.12 and a beta of 1.70.

Insider Buying and Selling

In related news, CEO Neil David Brinker sold 31,871 shares of the stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $160.56, for a total transaction of $5,117,207.76. Following the completion of the sale, the chief executive officer directly owned 238,312 shares of the company’s stock, valued at $38,263,374.72. This represents a 11.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Suresh V. Garimella sold 1,100 shares of Modine Manufacturing stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $150.00, for a total transaction of $165,000.00. Following the completion of the transaction, the director owned 80,956 shares in the company, valued at approximately $12,143,400. This trade represents a 1.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.48% of the stock is owned by insiders.

Institutional Investors Weigh In On Modine Manufacturing

Institutional investors and hedge funds have recently modified their holdings of the stock. Parkside Financial Bank & Trust boosted its position in shares of Modine Manufacturing by 17.6% in the 3rd quarter. Parkside Financial Bank & Trust now owns 500 shares of the auto parts company’s stock valued at $71,000 after purchasing an additional 75 shares during the period. Handelsbanken Fonder AB lifted its stake in Modine Manufacturing by 0.8% during the second quarter. Handelsbanken Fonder AB now owns 13,100 shares of the auto parts company’s stock valued at $1,290,000 after buying an additional 100 shares in the last quarter. State of Alaska Department of Revenue boosted its holdings in shares of Modine Manufacturing by 3.4% in the fourth quarter. State of Alaska Department of Revenue now owns 3,156 shares of the auto parts company’s stock worth $421,000 after buying an additional 103 shares during the period. Intrust Bank NA boosted its holdings in shares of Modine Manufacturing by 2.3% in the third quarter. Intrust Bank NA now owns 4,919 shares of the auto parts company’s stock worth $699,000 after buying an additional 109 shares during the period. Finally, BCS Private Wealth Management Inc. increased its position in shares of Modine Manufacturing by 2.8% in the third quarter. BCS Private Wealth Management Inc. now owns 4,525 shares of the auto parts company’s stock worth $643,000 after acquiring an additional 125 shares in the last quarter. 95.23% of the stock is owned by institutional investors and hedge funds.

Modine Manufacturing Company Profile

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.