Modine Manufacturing (NYSE:MOD) Stock Gets Price Target Reduction from KeyCorp

Modine Manufacturing (NYSE:MOD) had its target price lowered by KeyCorp from $280.00 to $225.00 in a report released on Wednesday,Benzinga reports. The firm currently has an overweight rating on the auto parts company’s stock.

A number of other research analysts have also recently issued reports on the stock. Robert W. Baird initiated coverage on shares of Modine Manufacturing in a report on Tuesday, October 6th. They issued an “outperform” rating and a $300.00 target price for the company. Cantor Fitzgerald assumed coverage on Modine Manufacturing in a research note on Tuesday, October 20th. They set an “overweight” rating and a $275.00 price target on the stock. DA Davidson restated a “buy” rating and issued a $330.00 price target on shares of Modine Manufacturing in a report on Tuesday, October 27th. Wall Street Zen downgraded Modine Manufacturing from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Finally, B. Riley Financial reduced their price objective on Modine Manufacturing from $305.00 to $285.00 and set a “buy” rating for the company in a report on Thursday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Modine Manufacturing presently has a consensus rating of “Moderate Buy” and an average price target of $264.89.

Modine Manufacturing Price Performance

Shares of NYSE MOD traded up $4.53 during trading on Wednesday, hitting $95.92. 2,970,915 shares of the company were exchanged, compared to its average volume of 1,417,418. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.04 and a quick ratio of 1.22. Modine Manufacturing has a 1 year low of $87.84 and a 1 year high of $323.25. The company has a market cap of $5.09 billion, a price-to-earnings ratio of 40.13, a PEG ratio of 0.44 and a beta of 1.86. The firm’s fifty day moving average price is $166.23 and its 200 day moving average price is $214.16.

Modine Manufacturing (NYSE:MOD) last announced its quarterly earnings results on Tuesday, November 3rd. The auto parts company reported $1.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.12). Modine Manufacturing had a net margin of 4.28% and a return on equity of 25.59%. The company had revenue of $994.40 million during the quarter, compared to analysts’ expectations of $978.31 million. During the same quarter in the prior year, the business earned $0.83 EPS. The business’s revenue for the quarter was up 34.6% compared to the same quarter last year. On average, sell-side analysts expect that Modine Manufacturing will post 7.02 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Modine Manufacturing

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MOD. BlackRock Inc. purchased a new stake in shares of Modine Manufacturing in the second quarter valued at about $765,540,000. Paradigm Capital Management Inc. NY purchased a new position in shares of Modine Manufacturing during the 2nd quarter worth approximately $388,140,000. Janus Henderson Group PLC increased its stake in shares of Modine Manufacturing by 2,249.9% during the 1st quarter. Janus Henderson Group PLC now owns 523,507 shares of the auto parts company’s stock worth $113,459,000 after purchasing an additional 501,229 shares in the last quarter. Jupiter Topco LLC purchased a new position in shares of Modine Manufacturing during the 2nd quarter worth approximately $123,873,000. Finally, Blue Whale Capital LLP acquired a new position in shares of Modine Manufacturing during the 2nd quarter worth approximately $123,747,000. Institutional investors and hedge funds own 95.23% of the company’s stock.

More Modine Manufacturing News

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

• Positive Sentiment: Management raised its fiscal 2027 outlook, with reported expectations of 52.5% revenue growth and more than 50% adjusted EBITDA growth. The company cited accelerating data-center demand and plans to expand production capacity. Article: Modine Freefalls: AI Apocalypse Fears Meet Multi-Year Growth Tailwinds
• Positive Sentiment: Modine recorded a quarterly order intake of about $1 billion, highlighting potential for continued growth from AI-related data-center infrastructure demand. Article: Modine posts record $1B quarterly order intake on AI data center demand
• Neutral Sentiment: Analysts cut price targets—including UBS to $160 from $355—but retained positive ratings, including “buy.” The revisions reflect a more cautious valuation view even as analysts see substantial potential from current levels. Article: UBS Adjusts Modine Manufacturing Price Target
• Negative Sentiment: Fiscal second-quarter earnings missed analyst estimates; reports also cited weaker margins and faster cash burn. Negative free cash flow and rising net debt add to concerns about execution and the sustainability of AI-related spending. Article: Modine Q2 Earnings Miss: Is the Stock a Buy, Hold or Sell?

About Modine Manufacturing

Modine Manufacturing Company (NYSE: MOD) is a diversified thermal management company that develops and manufactures solutions for managing heat in vehicles, equipment, buildings and industrial systems. Its products are designed to improve efficiency, reliability and performance across a range of applications.

The company serves the automotive, commercial vehicle, off-highway, power generation, data center, heating, ventilation, air conditioning and refrigeration markets. Its offerings include heat exchangers, radiators, charge air coolers, battery and power electronics cooling systems, liquid-cooling equipment, coils and other thermal management components and systems.

Founded in 1916 by Arthur B.