Insider Selling: Modine Manufacturing (NYSE:MOD) Director Sells $202,477.00 in Stock

Modine Manufacturing Company (NYSE:MOD) Director Suresh Garimella sold 1,100 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $184.07, for a total value of $202,477.00. Following the completion of the transaction, the director directly owned 79,856 shares of the company’s stock, valued at $14,699,093.92. The trade was a 1.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Modine Manufacturing Stock Up 2.5%

Shares of MOD opened at $204.48 on Friday. The firm has a market cap of $10.77 billion, a P/E ratio of 113.60, a PEG ratio of 1.27 and a beta of 1.71. Modine Manufacturing Company has a 12 month low of $64.79 and a 12 month high of $208.00. The stock’s 50 day moving average is $147.57 and its two-hundred day moving average is $143.96. The company has a current ratio of 2.00, a quick ratio of 1.16 and a debt-to-equity ratio of 0.50.

Modine Manufacturing (NYSE:MOD) last announced its earnings results on Wednesday, February 4th. The auto parts company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.20. Modine Manufacturing had a return on equity of 23.74% and a net margin of 3.40%.The business had revenue of $805.00 million during the quarter, compared to the consensus estimate of $763.54 million. During the same period in the prior year, the company posted $0.92 EPS. The business’s quarterly revenue was up 30.5% on a year-over-year basis. Analysts predict that Modine Manufacturing Company will post 3.88 earnings per share for the current fiscal year.

More Modine Manufacturing News

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

• Positive Sentiment: Q3 results: revenue $805M (+30.5% YoY) and adjusted EPS of $1.19 beat consensus; management cited strong execution including a production ramp for data‑center products that grew the Climate Solutions segment ~51%, supporting upside to top line. Modine Reports Third Quarter Fiscal 2026 Results
• Positive Sentiment: Raised FY‑2026 revenue guidance to about $3.1–$3.2B (above prior consensus), and lifted earnings outlook — a direct catalyst for the rerating and analyst target increases. Company release and materials
• Positive Sentiment: Analyst support: multiple firms (DA Davidson, Oppenheimer, Zacks, UBS, KeyBanc) have upgraded coverage or raised targets recently — DA Davidson and others boosted price targets, lending momentum to the stock. DA Davidson Raises Modine Price Target
• Neutral Sentiment: Earnings call transcript: the company’s Q3 call (transcript) provides detail on data‑center product margins, ramp timing and working capital assumptions — useful for assessing sustainability of growth and margin trajectory. Q3 2026 Earnings Call Transcript
• Negative Sentiment: Mixed accounting/cash signals: a third‑party summary flagged a GAAP net loss and weaker operating cash flow alongside higher capex and rising liabilities — these items could pressure near‑term fundamentals if GAAP results or cash trends persist. Quiver Quant: revenue beats but EPS misses / net loss
• Negative Sentiment: Minor insider selling: a company director sold ~1,100 shares recently; small in size but sometimes watched by traders. SEC Form 4 — insider sale

Analysts Set New Price Targets

A number of analysts have recently commented on MOD shares. UBS Group began coverage on shares of Modine Manufacturing in a research note on Thursday, November 20th. They set a “buy” rating and a $173.00 target price for the company. Oppenheimer boosted their price objective on Modine Manufacturing from $185.00 to $220.00 and gave the stock an “outperform” rating in a research note on Friday, January 30th. DA Davidson reissued a “buy” rating and set a $200.00 target price on shares of Modine Manufacturing in a report on Thursday, January 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Modine Manufacturing in a research note on Monday, December 29th. Finally, Zacks Research raised Modine Manufacturing from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Modine Manufacturing currently has a consensus rating of “Buy” and an average target price of $192.00.

Institutional Investors Weigh In On Modine Manufacturing

A number of large investors have recently made changes to their positions in MOD. Abacus Wealth Partners LLC acquired a new stake in shares of Modine Manufacturing in the fourth quarter valued at approximately $387,000. Bessemer Group Inc. increased its stake in shares of Modine Manufacturing by 1,117.1% in the 4th quarter. Bessemer Group Inc. now owns 135,719 shares of the auto parts company’s stock worth $18,119,000 after acquiring an additional 124,568 shares during the last quarter. New York Life Investment Management LLC acquired a new stake in shares of Modine Manufacturing in the 4th quarter worth $564,000. Cascades Capital Asset Management LLC purchased a new position in shares of Modine Manufacturing during the 4th quarter worth $147,000. Finally, Versor Investments LP acquired a new position in shares of Modine Manufacturing during the 4th quarter valued at about $427,000. 95.23% of the stock is currently owned by hedge funds and other institutional investors.

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.