Modine Manufacturing Company $MOD Stock Position Decreased by Massachusetts Financial Services Co. MA

Key Points

• Massachusetts Financial Services cut its stake in Modine by 20.9%, selling 69,276 shares and leaving 262,637 shares valued at about $35.07 million.
• Modine beat quarterly estimates (EPS $1.19 vs. $0.99; revenue $805M, +30.5% YoY) and is accelerating its push into data‑center cooling, highlighted by GLJ Research initiating coverage with a Buy rating and a $290 target.
• Institutional investors own roughly 95.23% of the stock while insiders hold 2.48% (a director recently sold 1,100 shares); the shares trade near a 1‑year high with a market cap of $12.55B and a P/E of 132.22.

Massachusetts Financial Services Co. MA cut its stake in shares of Modine Manufacturing Company (NYSE:MOD - Free Report) by 20.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 262,637 shares of the auto parts company's stock after selling 69,276 shares during the quarter. Massachusetts Financial Services Co. MA owned 0.50% of Modine Manufacturing worth $35,065,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of MOD. Spire Wealth Management acquired a new stake in shares of Modine Manufacturing in the fourth quarter worth $27,000. First Horizon Corp acquired a new stake in shares of Modine Manufacturing in the third quarter worth $38,000. Sunbelt Securities Inc. acquired a new stake in shares of Modine Manufacturing in the third quarter worth $39,000. Danske Bank A S acquired a new stake in shares of Modine Manufacturing in the third quarter worth $43,000. Finally, Toth Financial Advisory Corp acquired a new stake in shares of Modine Manufacturing in the third quarter worth $57,000. Institutional investors and hedge funds own 95.23% of the company's stock.

Insiders Place Their Bets

In other Modine Manufacturing news, Director Suresh V. Garimella sold 1,100 shares of the firm's stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $184.07, for a total transaction of $202,477.00. Following the transaction, the director directly owned 79,856 shares in the company, valued at $14,699,093.92. This trade represents a 1.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 2.48% of the stock is currently owned by company insiders.

Modine Manufacturing News Roundup

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

• Positive Sentiment: GLJ Research initiated coverage with a Buy rating and a "street‑high" $290 price target, signaling analyst confidence in Modine's growth opportunities (notably data‑center and AI cooling demand). Read More.
• Positive Sentiment: Modine promoted Art Laszlo to President, Data Centers — a move that formalizes a dedicated leadership focus on the fast‑growing data‑center cooling segment and may accelerate execution on long‑term supply deals. Read More.
• Positive Sentiment: Company reached milestones in the NYSE Composite, which can raise visibility and investor awareness as Modine scales its non‑automotive businesses. Read More.
• Neutral Sentiment: Zacks compared Modine to Trane (TT), noting Modine's data‑center cooling is scaling quickly with long‑term supply deals — a constructive operational signal but presented in a competitive context. Read More.
• Neutral Sentiment: A Zacks piece on analyst recommendations reminds investors to consider the broader brokerage landscape when interpreting rating moves — informational rather than a direct catalyst. Read More.
• Neutral Sentiment: Recent coverage noted a modest intraday slide in the stock versus the market close; a factual snapshot of price action rather than a new fundamental development. Read More.
• Negative Sentiment: Zacks Research downgraded Modine from "strong‑buy" to "hold," which is a negative rating change that can weigh on sentiment and selling pressure in the near term. Read More.

Modine Manufacturing Price Performance

Shares of NYSE:MOD opened at $238.00 on Thursday. The company has a current ratio of 2.19, a quick ratio of 1.28 and a debt-to-equity ratio of 0.51. Modine Manufacturing Company has a 1 year low of $67.80 and a 1 year high of $260.01. The business has a fifty day simple moving average of $217.12 and a 200 day simple moving average of $172.29. The firm has a market cap of $12.55 billion, a price-to-earnings ratio of 132.22, a P/E/G ratio of 1.03 and a beta of 1.68.

Modine Manufacturing (NYSE:MOD - Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The auto parts company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.20. Modine Manufacturing had a return on equity of 22.99% and a net margin of 3.40%.The business had revenue of $805.00 million during the quarter, compared to analyst estimates of $763.54 million. During the same period last year, the company earned $0.92 earnings per share. Modine Manufacturing's quarterly revenue was up 30.5% compared to the same quarter last year. As a group, sell-side analysts predict that Modine Manufacturing Company will post 3.88 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on MOD. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Modine Manufacturing in a research report on Monday, December 29th. Zacks Research cut Modine Manufacturing from a "strong-buy" rating to a "hold" rating in a research report on Monday. DA Davidson reaffirmed a "buy" rating and issued a $265.00 target price on shares of Modine Manufacturing in a research report on Tuesday, March 31st. Roth Mkm began coverage on Modine Manufacturing in a research report on Wednesday, February 18th. They issued a "buy" rating and a $263.00 target price for the company. Finally, Wall Street Zen cut Modine Manufacturing from a "buy" rating to a "hold" rating in a research report on Sunday, February 22nd. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $234.33.

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.

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