Equities Analysts Issue Forecasts for MOD Q1 Earnings

Modine Manufacturing (NYSE:MOD - Free Report) - Equities researchers at William Blair lowered their Q1 2026 EPS estimates for Modine Manufacturing in a report issued on Thursday, May 22nd. William Blair analyst B. Drab now anticipates that the auto parts company will post earnings per share of $1.03 for the quarter, down from their prior estimate of $1.16. 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 Q2 2026 earnings at $1.12 EPS, Q3 2026 earnings at $1.07 EPS, FY2026 earnings at $4.61 EPS and FY2027 earnings at $5.51 EPS.

Modine Manufacturing (NYSE:MOD - Get Free Report) last announced its quarterly earnings data on Tuesday, May 20th. The auto parts company reported $1.12 EPS for the quarter, beating analysts' consensus estimates of $0.96 by $0.16. Modine Manufacturing had a return on equity of 24.25% and a net margin of 6.31%. The business had revenue of $647.20 million during the quarter, compared to the consensus estimate of $633.13 million. During the same quarter in the previous year, the business earned $0.77 earnings per share. The business's revenue for the quarter was up 7.2% on a year-over-year basis.

MOD has been the topic of a number of other research reports. DA Davidson reiterated a "buy" rating and issued a $155.00 price target on shares of Modine Manufacturing in a report on Monday, March 17th. Oppenheimer lifted their target price on Modine Manufacturing from $114.00 to $121.00 and gave the company an "outperform" rating in a report on Thursday, May 22nd.

Modine Manufacturing Trading Down 0.6%

Modine Manufacturing stock traded down $0.54 during trading on Monday, reaching $90.96. The company had a trading volume of 77,774 shares, compared to its average volume of 947,567. Modine Manufacturing has a 12-month low of $64.79 and a 12-month high of $146.84. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.18 and a current ratio of 1.87. The stock's 50 day moving average price is $85.40 and its two-hundred day moving average price is $102.59. The firm has a market capitalization of $4.77 billion, a price-to-earnings ratio of 30.65, a PEG ratio of 0.71 and a beta of 2.08.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Nisa Investment Advisors LLC increased its holdings in Modine Manufacturing by 6.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,353 shares of the auto parts company's stock worth $157,000 after purchasing an additional 82 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Modine Manufacturing by 5.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,006 shares of the auto parts company's stock worth $154,000 after buying an additional 105 shares in the last quarter. IFP Advisors Inc grew its position in shares of Modine Manufacturing by 14.2% during the first quarter. IFP Advisors Inc now owns 911 shares of the auto parts company's stock worth $70,000 after buying an additional 113 shares in the last quarter. Arizona State Retirement System increased its stake in shares of Modine Manufacturing by 0.8% in the fourth quarter. Arizona State Retirement System now owns 14,451 shares of the auto parts company's stock worth $1,675,000 after buying an additional 118 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in Modine Manufacturing by 8.2% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,791 shares of the auto parts company's stock valued at $208,000 after acquiring an additional 136 shares in the last quarter. Institutional investors and hedge funds own 95.23% of the company's stock.

Insider Activity at Modine Manufacturing

In related news, Director William A. Wulfsohn purchased 2,530 shares of the stock in a transaction that occurred on Monday, March 3rd. The stock was purchased 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 in the company, valued at approximately $578,012.11. This trade represents a 53.30% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.40% of the stock is currently owned by insiders.

Modine Manufacturing declared that its board has approved a share buyback plan 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 purchase up to 2.4% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is 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.