Modine Manufacturing Company $MOD Stake Cut by Fiera Capital Corp
Fiera Capital Corp has reduced its stake in Modine Manufacturing Company (NYSE:MOD) by 1.9%, now holding 242,487 shares valued at $34.47 million. Despite significant insider selling and the stock trading near a 52-week high, analysts maintain a "Buy" rating with a consensus price target of $223.20, following the company's strong quarterly earnings beat of $1.19 EPS and $805 million in revenue.
Is Modine Stock Still Worth Buying After a 63% YTD Rally?
Modine Manufacturing (MOD) stock has rallied 63% year-to-date, fueled by strong demand in data center cooling, driven by AI and cloud infrastructure growth. The company is poised for further expansion with increasing margins and a planned spin-off of its Performance Technologies business to become a pure-play Climate Solutions company. Despite a premium valuation, robust earnings growth, multi-year demand visibility, and upward estimate revisions suggest Modine remains a compelling investment.
How Modine Is Reshaping Its Portfolio Around Climate Solutions
Modine Manufacturing (MOD) is undergoing a significant transformation, shifting its focus towards Climate Solutions driven by increasing demand for data center cooling. The company plans to expand capacity rapidly and separate its more cyclical Performance Technologies business through a Reverse Morris Trust transaction with Gentherm (THRM). This strategic pivot is expected to improve Modine's margin profile and establish it as a pure-play Climate Solutions company by fiscal year 2027.
Gentherm (THRM) proposes deal to combine with Modine’s Performance Technologies; $2.6B scale
Gentherm (THRM) has proposed a business combination with Modine Manufacturing Company’s Performance Technologies business (SpinCo), which would create a combined thermal and flow management entity valued at $2.6 billion. The transaction is intended to be tax-free for Modine and its shareholders and is expected to close by the end of 2026. This merger aims to accelerate Gentherm's strategic progress, expand its capabilities, and generate approximately $25 million in annual cost synergies.
Modine Manufacturing EVP, CFO Lucareli sells $4.3 million in stock
Modine Manufacturing's EVP and CFO, Michael B. Lucareli, sold 19,595 shares of company stock for approximately $4.3 million on February 17, 2026, after exercising options to acquire the same number of shares. Following these transactions, Lucareli directly owns 55,578 shares. Separately, Modine Manufacturing reported strong Q3 2026 financial results with sales of $805 million, driven by data center growth, leading to raised fiscal year guidance and increased price targets from several analysts.
Modine Manufacturing EVP, CFO Lucareli sells $4.3 million in stock By Investing.com
Modine Manufacturing's EVP and CFO, Michael B. Lucareli, sold 19,595 shares of company stock on February 17, 2026, for approximately $4.3 million. Concurrently, Lucareli exercised options to acquire the same number of shares, and now directly owns 55,578 shares. This news follows strong financial results for Modine Manufacturing in fiscal third-quarter 2026, leading to raised price targets from several analyst firms due to growth in its data center business.
Stealth AI Play Up 60% And Just Got A Bullish Initiation
Modine Manufacturing (MOD), a heating and air conditioning company, saw its stock rise after receiving a bullish initiation from Roth Capital analyst Tom Hayes. The company benefits significantly from the AI data center boom, with its data center revenue projected to grow by 64%. Hayes set a price target of 263, indicating a potential 20% upside for the stock.
Modine Manufacturing (NYSE:MOD) Coverage Initiated at Roth Mkm
Roth Mkm initiated coverage on Modine Manufacturing (NYSE:MOD) with a "buy" rating and a $263.00 price target, suggesting a 21.08% upside from its previous close. The company recently surpassed Q4 earnings expectations, reporting $1.19 EPS against an estimated $0.99 and revenues of $805 million, a 30.5% increase year-over-year. Despite a high P/E ratio of 120.68 and a market cap of $11.45 billion, analysts maintain a broadly positive outlook with an average price target of $223.20.
Roth Capital Initiates Coverage on Modine Manufacturing With Buy Rating, $263 Price Target
Roth Capital has initiated coverage on Modine Manufacturing Company with a "Buy" rating and set a price target of $263. This announcement reflects analyst confidence in the company's prospects. The article also provides recent news regarding Modine Manufacturing, including their latest earnings report and an equity buyback plan.
Modine Manufacturing (MOD) Receives Buy Rating from Roth Capital
Roth Capital has initiated coverage on Modine Manufacturing (MOD) with a Buy rating and a price target of $263.00 USD, indicating a positive outlook for the company's stock. This new rating follows several recent analyst upgrades and maintained Buy/Outperform ratings with increased price targets from firms like DA Davidson and Oppenheimer. Modine Manufacturing provides thermal management solutions and its stock currently has an average target price of $226.92 from 7 analysts, suggesting a 4.65% upside from its current price.
Zacks.com featured highlights include Modine, Gold.com, Flexsteel, Seanergy Maritime and Forum Energy Technologies
This article highlights five stocks—Modine Manufacturing (MOD), Gold.com (GOLD), Flexsteel Industries (FLXS), Seanergy Maritime Holdings (SHIP), and Forum Energy Technologies (FET)—that have shown recent price strength despite volatility in U.S. stock markets, particularly due to concerns about the AI trade. Zacks Equity Research identifies these companies based on their continuous uptrend and other relevant investment parameters, detailing their business operations and strong expected earnings growth. The article presents these stocks as potential winners to consider for investment given their momentum and fundamental strength.
Roth Capital Initiates Coverage of Modine Manufacturing (MOD) with Buy Recommendation
Roth Capital has initiated coverage on Modine Manufacturing (MOD) with a Buy recommendation. Despite the buy rating, analysts project a 6.03% downside from the current price, with an average one-year price target of $203.77. Institutional ownership in Modine Manufacturing has seen a slight decrease in shares owned, though some major holders like Wellington Management Group and Price T Rowe Associates have increased their positions.
Envestnet Asset Management Inc. Has $13.58 Million Stake in Modine Manufacturing Company $MOD
Envestnet Asset Management Inc. increased its stake in Modine Manufacturing Company (NYSE:MOD) by 17.1% in the third quarter, holding 95,520 shares valued at $13.58 million. This move is mirrored by other institutional investors, contributing to 95.23% institutional ownership. Analysts have issued "Buy" ratings and raised price targets for Modine Manufacturing, following a strong earnings report where the company surpassed EPS and revenue estimates, with quarterly revenue increasing by 30.5%.
Modine Refocuses On Climate Solutions As AI Data Center Demand Builds
Modine Manufacturing (NYSE:MOD) is strategically repositioning itself as a pure-play climate solutions business, particularly focusing on cooling technologies for AI data centers, after spinning off its Performance Technologies segment. This shift aims to capitalize on rising demand from hyperscale customers for thermal management. The company is actively pursuing long-term agreements, which is expected to enhance revenue visibility and reshape its market presence and growth profile.
Modine Refocuses On Climate Solutions As AI Data Center Demand Builds
Modine Manufacturing (NYSE:MOD) is strategically shifting its business focus towards higher-margin climate solutions, particularly thermal management for AI data centers, following the spin-off of its Performance Technologies segment. This move is driven by the increasing demand for cooling solutions as AI workloads expand, positioning Modine to pursue long-term agreements with major hyperscale customers. The company is currently trading about 13% below analyst expectations and approximately 15.4% below its estimated fair value, with strong recent momentum.
Is It Worth Investing in Modine (MOD) Based on Wall Street's Bullish Views?
This article examines the reliability of Wall Street analyst recommendations for Modine (MOD), which currently has a "Strong Buy" average brokerage recommendation. It highlights that such recommendations often carry a positive bias due to brokerage firms' vested interests, making them unreliable as a sole investment decision factor. Instead, the article suggests using the Zacks Rank, a proprietary stock rating tool based on earnings estimate revisions, as a more effective indicator of future stock price movements, noting that Modine currently holds a Zacks Rank #1 (Strong Buy).
Modine’s Pure Play Climate Shift Meets Surging AI Data Center Demand
Modine Manufacturing (NYSE:MOD) has completed its transition to a pure-play climate solutions manufacturer after divesting its Performance Technologies segment. The company is experiencing strong growth in AI data center cooling solutions, anticipating long-term agreements with major hyperscalers. While recent financial results show a net loss, management has raised fiscal 2026 net sales guidance, reflecting confidence in the focused portfolio's demand, particularly from the AI sector.
Modine Manufacturing (NYSE:MOD) Upgraded by Wall Street Zen to Buy Rating
Wall Street Zen has upgraded Modine Manufacturing (NYSE:MOD) to a "buy" rating, aligning with other recent upgrades from institutional firms. This upgrade follows Modine's strong quarterly earnings, which surpassed analyst expectations, and contributes to a consensus "Buy" rating for the stock with an average target price of $213.25. While insider selling has been noted, institutional ownership remains high at 95.23%.
Assessing Modine Manufacturing (MOD) Valuation After Strong Recent Share Price Momentum
Modine Manufacturing (MOD) has seen significant share price momentum, with strong returns over the past few months, driven by demand for its data center and HVAC cooling solutions. Despite a high P/E ratio, analysts suggest the stock is undervalued by about 15% based on future growth narratives, particularly in data center revenue. However, its heavy focus on North America and ongoing divestitures pose potential risks.
There May Be Some Bright Spots In Modine Manufacturing's (NYSE:MOD) Earnings
Modine Manufacturing (NYSE:MOD) recently reported earnings that, despite soft profit numbers, show promising signs due to the impact of unusual items. The company's statutory profit was significantly reduced by a US$149m unusual expense, which, if not repeated, suggests a stronger underlying earnings potential. Furthermore, Modine Manufacturing has demonstrated a strong earnings per share growth of 35% per year over the last three years.
There May Be Some Bright Spots In Modine Manufacturing's (NYSE:MOD) Earnings
Modine Manufacturing Company (NYSE:MOD) recently reported earnings that, while soft in statutory profit, showed promising underlying trends. The company's profit was notably impacted by US$149m in unusual items, which are generally non-recurring. Despite this, Modine Manufacturing's underlying earnings potential appears stronger, and its earnings per share have grown by 35% annually over the last three years.
Oppenheimer & Co. Inc. Decreases Stake in Modine Manufacturing Company $MOD
Oppenheimer & Co. Inc. reduced its stake in Modine Manufacturing Company ($MOD) by 22.8% in Q3, now holding 31,810 shares worth approximately $4.52 million. This comes despite Modine reporting strong Q3 earnings, beating EPS estimates and showing significant revenue growth, leading to multiple analyst upgrades and a "Buy" consensus rating. However, insider selling has also been notable, with CEO Neil Brinker selling over $5 million worth of shares recently.
Impax Asset Management Group plc Has $5.69 Million Position in Modine Manufacturing Company $MOD
Impax Asset Management Group plc reduced its stake in Modine Manufacturing Company (NYSE:MOD) by 33.3% during the third quarter, now holding 40,000 shares valued at $5.69 million. Despite this, several other institutional investors increased their positions in MOD. Analysts have assigned Modine Manufacturing a consensus "Buy" rating with an average target price of $213.25, while insider transactions show recent share sales by the CEO and a director.
DA Davidson raises Modine (MOD) PT to $265 following FQ3 beat, exceptional AI data center momentum
DA Davidson has increased its price target for Modine (MOD) to $265, up from $140, following the company's strong fiscal third-quarter results. The upgrade is primarily driven by Modine's exceptional momentum in AI data center liquid cooling, a sector showing significant growth potential. The firm cited Modine's consistent execution and robust demand in this specialized market as key factors for the revised outlook.
DA Davidson Raises Modine (MOD) PT to $265 Following FQ3 Beat, Exceptional AI Data Center Momentum
DA Davidson analyst Matt Summerville increased Modine Manufacturing Company's price target to $265 from $255, maintaining a Buy rating, after the company's FQ3 2026 earnings beat, citing exceptional data center momentum. B. Riley also raised its price target for Modine to $250 from $190, noting the company's transformation into a high-volume, pure-play climate solutions manufacturer with higher-margin products through data center capacity expansion and the spin-off of its Performance Technologies segment. The article highlights Modine as an under-the-radar AI stock to buy, with analysts emphasizing its strong position in providing thermal solutions for AI data centers.
Modine Manufacturing Company $MOD Shares Bought by Oppenheimer Asset Management Inc.
Oppenheimer Asset Management Inc. increased its stake in Modine Manufacturing Company (NYSE:MOD) by 12.4% to 48,189 shares, valued at approximately $6.85 million. Despite this institutional buying, company insiders have been net sellers, offloading shares worth about $5.48 million in the last 90 days. Modine recently exceeded earnings estimates, which has led to multiple price target increases and a consensus "Buy" rating from analysts with an average target price of $213.25.
Modine Manufacturing Co (NYSE:MOD) Fits Minervini's Trend Template with High Growth Momentum
Modine Manufacturing Co (NYSE:MOD) currently aligns with Mark Minervini's Trend Template, indicating strong technical performance with its stock trading above key moving averages, approaching 52-week highs, and demonstrating high relative strength. This technical strength is supported by robust fundamental momentum, including significant year-over-year EPS and sales growth, consistent earnings beats, and increasing profitability. While the stock's technical condition is excellent, its Setup Quality Rating suggests that a period of consolidation is advised before a low-risk entry point can be clearly identified.
DA Davidson Forecasts Strong Price Appreciation for Modine Manufacturing (NYSE:MOD) Stock
DA Davidson has increased its price target for Modine Manufacturing (NYSE: MOD) stock from $255 to $265, maintaining a "buy" rating and implying a potential 20.7% upside. This comes after Modine beat quarterly earnings expectations with $1.19 EPS and $805 million in revenue. Despite recent insider selling, institutional investors and hedge funds hold a significant majority of the company's shares.
DA Davidson reiterates Buy rating on Modine Manufacturing stock at $265 By Investing.com
DA Davidson has reiterated its Buy rating on Modine Manufacturing (NYSE:MOD), setting a price target of $265.00, suggesting a potential upside from its current price of $215.72. The firm highlighted significant upward revisions to its data center-related revenue growth projects and increased adjusted EBITDA forecasts for fiscal years 2026, 2027, and 2028, citing Modine's "exceptional" data center funnel and capacity expansion. This positive outlook is supported by Modine's strong Q3 FY 2026 results, which surpassed earnings and revenue forecasts, leading to lifted fiscal year guidance and similar positive revisions from other analysts like KeyBanc, Oppenheimer, and UBS.
DA Davidson reiterates Buy rating on Modine Manufacturing stock at $265
DA Davidson has reiterated its Buy rating on Modine Manufacturing (NYSE:MOD) and raised its price target to $265.00, citing exceptional data center performance and significant upside potential. The firm increased its adjusted EBITDA forecasts for fiscal years 2026, 2027, and 2028, driven by revised data center-related revenue growth projections. This positive outlook is supported by Modine's strong revenue growth, high order bookings, ongoing capacity expansion, and tangible margin improvements within its Climate Solutions segment, aligning with a bullish broader analyst consensus.
Modine Gentherm Deal Refocuses Thermal Growth On Data Center Demand
Modine Manufacturing (NYSE:MOD) is spinning off its Performance Technologies segment to combine it with Gentherm, aiming to create more focused businesses in thermal management. This move allows Modine to concentrate on high-growth areas like data center cooling, which has seen significant revenue increases. Investors should monitor how this separation impacts Modine's risk profile, growth options, and its ability to execute on restructuring and integration while leveraging the growing demand for data center solutions.
Modine Spins Off Aftermarket Business to Transpro
Modine Manufacturing Co. has agreed to spin off its aftermarket business to Transpro, Inc., creating a new publicly traded company focused on aftermarket sales with annual revenues over $400 million. This new entity will supply replacement parts for various applications primarily in North America and Europe. In exchange, Modine will acquire Transpro's heavy-duty original equipment business for $17 million, integrating it into Modine's existing operations.
Modine Gentherm Deal Refocuses Thermal Growth On Data Center Demand
Modine Manufacturing is spinning off its Performance Technologies segment to combine with Gentherm, creating two focused businesses. This strategic move aims to capitalize on high-growth thermal solutions, particularly in data centers, which have seen significant revenue increases. The separation clarifies Modine's focus on data center and HVAC themes, while the new combined entity with Gentherm will pursue growth in temperature control, though execution on restructuring and integration will be crucial.
Modine Manufacturing Company (NYSE:MOD) Q3 2026 Earnings Call Transcript
Modine Manufacturing (NYSE:MOD) reported Q3 fiscal 2026 results, highlighting a strategic decision to spin off its Performance Technologies segment and combine it with Gentherm, valuing the segment at $1 billion. This move allows Modine to focus on its high-growth Climate Solutions segment, which saw a 51% revenue increase, driven by a 78% surge in data center sales. The company raised its fiscal 2026 revenue and adjusted EBITDA outlook, anticipating record sales and earnings, with significant investments in data center capacity expansion to meet soaring demand.
Oppenheimer Issues Positive Forecast for Modine Manufacturing (NYSE:MOD) Stock Price
Oppenheimer has increased its price target for Modine Manufacturing (NYSE:MOD) to $240 from $220, maintaining an "outperform" rating, following stronger-than-expected quarterly earnings and revenue. Despite recent insider selling, institutional investors hold a significant majority of the stock. Other analysts also issued positive ratings, contributing to a consensus "Buy" rating for Modine.
Modine Manufacturing stock rating reiterated at Buy by UBS on data center growth
UBS has reiterated a Buy rating for Modine Manufacturing (NYSE:MOD) with a $210 price target, driven by increasing data center sales and strong margin improvement. The company reported sales of $805 million, surpassing estimates, and a 37% year-over-year increase in EBITDA, demonstrating robust financial performance. Modine's shares have risen 110.2% over the past year, reflecting market confidence in its growth trajectory.
Modine Manufacturing (MOD) Quarterly Loss Challenges High Growth And Premium Valuation Narratives
Modine Manufacturing (MOD) reported a mixed Q3 2026 with an EPS loss of US$0.90 despite strong revenue, challenging its high growth and premium valuation narratives. The company's net margin dropped from 6.3% to 3.4%, and its high P/E of 110.5x, combined with concerns over debt coverage by operating cash flow, presents risks for investors. While future growth is projected, recent quarterly losses and a thinner net margin suggest caution.
MODINE MANUFACTURING CO SEC 10-Q Report
Modine Manufacturing Co. has released its Q3 fiscal 2025 Form 10-Q report, detailing significant financial growth, especially in its Climate Solutions segment, despite some temporary inefficiencies. The company reported net sales of $805.0 million and an increase in operating income. A major strategic move includes the planned spin-off of its Performance Technologies segment by the end of 2026, creating a pure-play climate solutions company.
Earnings call transcript: Modine Manufacturing beats Q3 2026 forecasts
Modine Manufacturing reported strong Q3 2026 results, exceeding EPS and revenue forecasts with $1.19 and $805 million, respectively. The data center segment showed significant growth, leading the company to raise its fiscal 2026 sales and EBITDA outlook. Despite a slight premarket stock decline, Modine plans to spin off its Performance Technologies segment to focus on its high-growth Climate Solutions division.
Modine Manufacturing stock hits all-time high at 206.78 USD
Modine Manufacturing (MOD) stock reached an all-time high of $206.78, surpassing its 52-week high, with an 89.78% increase over the past year. Despite an overbought RSI and a P/E ratio suggesting overvaluation, analysts maintain a strong buy consensus with a target price of $255. Recent analyst adjustments and price target increases follow Modine's strategic moves, including the spinoff of its Performance Technologies division.
Almost At All Time High, Is Modine Manufacturing Stock Still A Good Buy Right Now?
Modine Manufacturing Company (MOD) is undergoing a significant transformation, driven by the booming data center cooling market, especially for AI infrastructure. The company is aggressively expanding production capacity and integrating strategic acquisitions, projecting data center revenues to exceed $2 billion by fiscal 2028. Despite the stock trading near its peak at $199, a valuation model suggests a potential upside to $226 by March 2028, implying a 13% total return due to anticipated revenue growth of 22.1% and normalizing operating margins after initial expansion costs.
Modine Manufacturing Co (NYSE:MOD) Surpasses Q3 Estimates and Raises Outlook on Data Center Strength
Modine Manufacturing Co (NYSE:MOD) reported strong fiscal Q3 2026 earnings, exceeding analyst expectations for both revenue and EPS, driven by significant growth in its data center business. The company's Climate Solutions segment saw a 51% year-over-year revenue surge, leading management to raise its full-year fiscal 2026 outlook. The positive results and upgraded guidance resulted in a favorable after-hours market reaction and extended the stock's recent rally.
Modine Reports Third Quarter Fiscal 2026 Results
Modine reported strong third-quarter fiscal 2026 results, with net sales increasing 31% to $805.0 million, primarily driven by a 51% sales increase in its Climate Solutions segment due to robust data center product performance. Despite a net loss caused by a non-cash charge from pension plan termination, adjusted EBITDA rose by 37%. The company also announced the spin-off of its Performance Technologies business and raised its fiscal 2026 outlook.
Modine Manufacturing (NYSE:MOD) Releases Quarterly Earnings Results, Beats Expectations By $0.17 EPS
Modine Manufacturing (NYSE:MOD) reported strong Q3 earnings, beating analyst estimates with an EPS of $1.19 and revenue of $805 million, driven by its data center and climate solutions business. The company raised its FY-2026 revenue guidance to $3.1–$3.2 billion, leading to analyst upgrades and increased price targets. Despite positive sentiment and stock performance, concerns remain regarding a GAAP net loss, weaker operating cash flow, and recent insider selling.
Van Berkom & Associates Inc. Invests $1.91 Million in Modine Manufacturing Company $MOD
Van Berkom & Associates Inc. recently acquired 13,438 shares of Modine Manufacturing Company (NYSE:MOD), valued at approximately $1.91 million, significantly increasing institutional ownership to 95.23%. While analysts maintain a "Buy" rating with an average price target of $192, including an Oppenheimer upgrade to $220, company insiders have sold a notable amount of shares, including a large transaction by the CEO. Modine's shares are trading near their 52-week high, with a market cap of $10.47 billion and a high P/E ratio, suggesting elevated valuation expectations.
Modine earnings on deck as data center pivot faces margin test
Modine Manufacturing (NYSE: MOD) is scheduled to report its third-quarter fiscal 2026 earnings, with analysts focused on its data center cooling business after a $1 billion spinoff announcement. The company's aggressive pivot to data centers faces scrutiny over its ability to sustain rapid growth, maintain pricing power, and expand profit margins amidst significant capacity expansion. Investors are closely watching for signs of strong order backlogs and clarity on profitability given rising operational costs and questions around next-generation AI chip cooling technologies.
Modine Manufacturing (MOD) Price Target Increased by 16.88% to 203.77
The average one-year price target for Modine Manufacturing (NYSE: MOD) has been raised by 16.88% to $203.77 per share. This target, an average from various analysts, indicates a 2.15% increase from the latest closing price of $199.48. The article also details institutional ownership data, showing that 819 funds hold positions in Modine, with a slight decrease in the number of owners and total shares held by institutions over the last quarter.
Modine Manufacturing (NYSE:MOD) Reaches New 52-Week High - Should You Buy?
Modine Manufacturing (NYSE: MOD) recently hit a new 52-week high of $205.74, driven by positive analyst ratings and price target increases from firms like Oppenheimer and DA Davidson. While institutional ownership is high at 95.23%, insiders have sold shares totaling approximately $5.48 million in the last three months, including a significant sale by the CEO. The company trades at a P/E of 57.48 with a market capitalization of $10.47 billion, and analysts have a consensus "Buy" rating with an average price target of $192.00, suggesting some mixed signals for potential investors despite the stock's strong performance.
Is Modine (MOD) Quietly Recasting Its Moat Around Data Center Climate Solutions?
Modine Manufacturing (MOD) is strategically shifting its focus towards data center climate solutions, evidenced by a proposed divestiture and the launch of the TurboChill 3+MW chiller for high-density data centers. This move aims to align the company more closely with the growing demands of thermal management in power- and heat-intensive applications. While this pivot presents new investment opportunities, investors should consider the company's elevated debt levels and current premium valuation.
Modine Manufacturing (NYSE:MOD) Director Suresh Garimella Sells 1,100 Shares
Modine Manufacturing (NYSE:MOD) Director Suresh Garimella sold 1,100 shares of the company's stock on February 2nd for a total value of $202,477, reducing his stake by 1.36% to 79,856 shares. The transaction, disclosed in a SEC filing, comes as Modine Manufacturing shares traded near a one-year high and analysts maintain a positive outlook with a consensus "Buy" rating and an average target of $192. Several firms, including Oppenheimer, have recently increased their price targets for the stock.
