Brokers Set Expectations for Modine Manufacturing’s FY2026 Earnings (NYSE:MOD)

Modine Manufacturing (NYSE:MOD) – Equities research analysts at B. Riley upped their FY2026 earnings per share estimates for Modine Manufacturing in a report released on Thursday, June 27th. B. Riley analyst J. Van. Sinderen now expects that the auto parts company will post earnings of $4.40 per share for the year, up from their prior estimate of $4.39. B. Riley has a “Buy” rating and a $125.00 price objective on the stock. The consensus estimate for Modine Manufacturing’s current full-year earnings is $3.70 per share.

MOD has been the topic of several other reports. Oppenheimer boosted their target price on Modine Manufacturing from $105.00 to $110.00 and gave the stock an “outperform” rating in a report on Thursday, May 23rd. DA Davidson boosted their target price on Modine Manufacturing from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, May 24th.

Modine Manufacturing Stock Up 2.5 %

Shares of MOD opened at $102.68 on Monday. The company has a market capitalization of $5.37 billion, a P/E ratio of 33.89, a PEG ratio of 0.80 and a beta of 2.27. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.64 and a quick ratio of 0.98. Modine Manufacturing has a one year low of $32.17 and a one year high of $109.53. The business’s 50 day simple moving average is $97.53 and its 200-day simple moving average is $84.28.

Modine Manufacturing (NYSE:MOD) last released its quarterly earnings data on Tuesday, May 21st. The auto parts company reported $0.77 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.02). The company had revenue of $603.50 million for the quarter, compared to analyst estimates of $605.44 million. Modine Manufacturing had a net margin of 6.71% and a return on equity of 24.69%. The firm’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.67 earnings per share.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of MOD. HighTower Advisors LLC acquired a new position in Modine Manufacturing during the 3rd quarter worth $288,000. Rhumbline Advisers lifted its holdings in Modine Manufacturing by 4.9% during the 3rd quarter. Rhumbline Advisers now owns 81,185 shares of the auto parts company’s stock worth $3,714,000 after buying an additional 3,794 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in Modine Manufacturing by 49.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 2,206 shares of the auto parts company’s stock worth $101,000 after buying an additional 734 shares in the last quarter. Northern Trust Corp raised its position in shares of Modine Manufacturing by 1.2% during the 3rd quarter. Northern Trust Corp now owns 556,001 shares of the auto parts company’s stock valued at $25,437,000 after acquiring an additional 6,836 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC raised its position in shares of Modine Manufacturing by 30.7% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 35,301 shares of the auto parts company’s stock valued at $1,615,000 after acquiring an additional 8,284 shares during the last quarter. Institutional investors and hedge funds own 95.23% of the company’s stock.

About Modine Manufacturing

Modine Manufacturing Company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications. It operates through Climate Solutions and Performance Technologies segments. The company offers gas-fired, hydronic, electric, and oil-fired unit heaters; indoor and outdoor duct furnaces; infrared units; perimeter heating products, such as commercial fin-tube radiation, cabinet unit heaters, and convectors; roof-mounted direct- and indirect-fired makeup air units; unit ventilators; single packaged vertical units; precision air conditioning units for data center applications; air handler units; fan walls; chillers; ceiling cassettes; hybrid fan coils; and condensers and condensing units.