Equities Analysts Issue Forecasts for MOD Q1 Earnings

Modine Manufacturing (NYSE:MOD - Free Report) - Investment analysts at DA Davidson issued their Q1 2026 earnings per share estimates for shares of Modine Manufacturing in a research note issued on Friday, May 23rd. DA Davidson analyst M. Summerville expects 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.

Separately, Oppenheimer upped 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

MOD traded up $0.65 on Monday, reaching $91.46. The stock had a trading volume of 528,104 shares, compared to its average volume of 948,951. Modine Manufacturing has a fifty-two week low of $64.79 and a fifty-two week high of $146.84. The firm has a 50-day moving average of $85.42 and a 200-day moving average of $102.87. The company has a current ratio of 1.87, a quick ratio of 1.18 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $4.79 billion, a price-to-earnings ratio of 30.69, a price-to-earnings-growth ratio of 0.71 and a beta of 2.08.

Modine Manufacturing (NYSE:MOD - Get Free Report) last posted its quarterly earnings results on Tuesday, May 20th. The auto parts company reported $1.12 EPS for the quarter, topping 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 company had revenue of $647.20 million during the quarter, compared to analysts' expectations of $633.13 million. During the same quarter in the previous year, the firm earned $0.77 EPS. Modine Manufacturing's revenue was up 7.2% on a year-over-year basis.

Institutional Investors Weigh In On Modine Manufacturing

Large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in Modine Manufacturing by 2.5% during the first quarter. Vanguard Group Inc. now owns 5,187,554 shares of the auto parts company's stock valued at $398,145,000 after purchasing an additional 128,587 shares in the last quarter. Wellington Management Group LLP raised its position in Modine Manufacturing by 293.7% during the first quarter. Wellington Management Group LLP now owns 2,468,788 shares of the auto parts company's stock valued at $189,479,000 after purchasing an additional 1,841,640 shares in the last quarter. Invesco Ltd. raised its position in Modine Manufacturing by 1.0% during the fourth quarter. Invesco Ltd. now owns 2,012,533 shares of the auto parts company's stock valued at $233,313,000 after purchasing an additional 20,085 shares in the last quarter. Driehaus Capital Management LLC raised its position in Modine Manufacturing by 2.8% during the fourth quarter. Driehaus Capital Management LLC now owns 1,439,980 shares of the auto parts company's stock valued at $166,937,000 after purchasing an additional 39,193 shares in the last quarter. Finally, Wasatch Advisors LP raised its position in Modine Manufacturing by 108.0% during the fourth quarter. Wasatch Advisors LP now owns 1,428,415 shares of the auto parts company's stock valued at $165,596,000 after purchasing an additional 741,667 shares in the last quarter. 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 business's stock in a transaction dated Monday, March 3rd. The stock was purchased at an average cost of $79.43 per share, with a total value of $200,957.90. Following the completion of the acquisition, the director now directly owns 7,277 shares of the company's stock, valued at approximately $578,012.11. The trade was a 53.30% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 2.40% of the stock is currently owned by company insiders.

Modine Manufacturing announced that its board has authorized a share buyback plan on Friday, March 7th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the auto parts company to reacquire up to 2.4% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership 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.