Equities Analysts Issue Forecasts for MOD Q2 Earnings

Key Points

• William Blair has revised Modine Manufacturing's Q2 2026 earnings per share (EPS) estimate down to $0.99, compared to a previous forecast of $1.12.
• Wall Street Zen downgraded Modine from a "buy" to a "hold," while KeyCorp increased its price target from $125 to $150 and maintained an "overweight" rating.
• Modine reported a quarterly EPS of $1.06, exceeding analysts' expectations of $0.93, with revenue rising 3.2% year-over-year to $682.8 million.

Modine Manufacturing Company (NYSE:MOD - Free Report) - Equities research analysts at William Blair decreased their Q2 2026 earnings per share (EPS) estimates for Modine Manufacturing in a note issued to investors on Thursday, July 31st. William Blair analyst B. Drab now forecasts that the auto parts company will post earnings per share of $0.99 for the quarter, down from their previous forecast of $1.12. 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 Q3 2026 earnings at $1.20 EPS and FY2026 earnings at $4.90 EPS.

Several other analysts also recently issued reports on MOD. Wall Street Zen downgraded Modine Manufacturing from a "buy" rating to a "hold" rating in a report on Saturday. KeyCorp raised their target price on Modine Manufacturing from $125.00 to $150.00 and gave the company an "overweight" rating in a research note on Thursday. Finally, Oppenheimer upped their price target on shares of Modine Manufacturing from $121.00 to $122.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 1st.

Modine Manufacturing Stock Performance

Shares of MOD stock opened at $133.24 on Monday. The company has a market cap of $6.99 billion, a P/E ratio of 38.18, a PEG ratio of 0.86 and a beta of 2.12. The business has a 50 day moving average of $98.25 and a two-hundred day moving average of $93.08. Modine Manufacturing has a 52 week low of $64.79 and a 52 week high of $146.84. The company has a quick ratio of 1.28, a current ratio of 2.06 and a debt-to-equity ratio of 0.47.

Modine Manufacturing (NYSE:MOD - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The auto parts company reported $1.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.13. Modine Manufacturing had a net margin of 7.21% and a return on equity of 23.90%. The company had revenue of $682.80 million for the quarter, compared to the consensus estimate of $653.80 million. During the same period last year, the firm posted $1.04 EPS. The company's revenue for the quarter was up 3.2% on a year-over-year basis.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in MOD. GAMMA Investing LLC boosted its stake in Modine Manufacturing by 63.1% during the 1st quarter. GAMMA Investing LLC now owns 367 shares of the auto parts company's stock valued at $28,000 after purchasing an additional 142 shares in the last quarter. Versant Capital Management Inc boosted its stake 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 valued at $32,000 after buying an additional 300 shares in the last quarter. Central Pacific Bank Trust Division acquired a new position in Modine Manufacturing during the first quarter worth about $46,000. First Horizon Advisors Inc. grew its holdings 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. Finally, Maseco LLP bought a new stake in Modine Manufacturing in the second quarter worth about $51,000. Institutional investors and hedge funds own 95.23% of the company's stock.

Insiders Place Their Bets

In related news, VP Brian Jon Agen sold 47,939 shares of the stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $110.50, for a total value of $5,297,259.50. Following the completion of the transaction, the vice president owned 90,015 shares in the company, valued at $9,946,657.50. This represents a 34.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Michael B. Lucareli sold 5,778 shares of the business's stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $115.00, for a total transaction of $664,470.00. Following the sale, the executive vice president owned 121,142 shares in the company, valued at $13,931,330. This trade represents a 4.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.48% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.