Q1 Earnings Forecast for MOD Issued By DA Davidson

Modine Manufacturing (NYSE:MOD - Free Report) - Stock analysts at DA Davidson issued their Q1 2026 earnings per share estimates for shares of Modine Manufacturing in a research report issued to clients and investors on Friday, May 23rd. DA Davidson analyst M. Summerville anticipates that the auto parts company will earn $0.99 per share for the quarter. DA Davidson currently has a "Buy" rating and a $155.00 target price on the stock. The consensus estimate for Modine Manufacturing's current full-year earnings is $3.88 per share. DA Davidson also issued estimates for Modine Manufacturing's FY2027 earnings at $5.78 EPS.

Modine Manufacturing (NYSE:MOD - Get Free Report) last posted its earnings results 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. The firm had revenue of $647.20 million during the quarter, compared to the consensus estimate of $633.13 million. Modine Manufacturing had a return on equity of 24.25% and a net margin of 6.31%. The company's quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.77 EPS.

Separately, Oppenheimer increased their target price on Modine Manufacturing from $114.00 to $121.00 and gave the company an "outperform" rating in a research report on Thursday, May 22nd.

Modine Manufacturing Price Performance

Shares of NYSE MOD traded down $1.49 during midday trading on Monday, reaching $90.96. 705,738 shares of the stock traded hands, compared to its average volume of 951,822. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.87 and a quick ratio of 1.18. The stock has a market capitalization of $4.77 billion, a PE ratio of 30.52, a P/E/G ratio of 0.71 and a beta of 2.08. Modine Manufacturing has a one year low of $64.79 and a one year high of $146.84. The company's 50 day moving average is $85.37 and its 200 day moving average is $102.95.

Institutional Trading of Modine Manufacturing

Several hedge funds and other institutional investors have recently bought and sold shares of MOD. Skandinaviska Enskilda Banken AB publ raised its holdings in Modine Manufacturing by 567.6% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 227 shares of the auto parts company's stock valued at $27,000 after buying an additional 193 shares during the period. GAMMA Investing LLC raised its holdings 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 buying an additional 142 shares during the period. Versant Capital Management Inc raised its holdings in Modine Manufacturing by 245.9% during the 1st 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 during the period. Central Pacific Bank Trust Division purchased a new stake in Modine Manufacturing in the first quarter worth $46,000. Finally, First Horizon Advisors Inc. increased its stake in Modine Manufacturing by 442.4% in the first quarter. First Horizon Advisors Inc. now owns 640 shares of the auto parts company's stock worth $49,000 after purchasing an additional 522 shares during the period. Hedge funds and other institutional investors 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 firm's stock in a transaction that occurred on Monday, March 3rd. The shares were bought at an average price of $79.43 per share, for a total transaction of $200,957.90. Following the acquisition, the director now owns 7,277 shares of the company's stock, valued at approximately $578,012.11. This represents a 53.30% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 2.40% of the stock is currently owned by insiders.

Modine Manufacturing announced that its board has authorized a share repurchase program on Friday, March 7th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the auto parts company to buy up to 2.4% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

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.