Modine Manufacturing (NYSE:MOD) Hits New 1-Year High Following Better-Than-Expected Earnings

Modine Manufacturing Company (NYSE:MOD) hit a new 52-week high during mid-day trading on Tuesday following a stronger than expected earnings report. The stock traded as high as $314.87 and last traded at $314.09, with a volume of 514541 shares. The stock had previously closed at $260.52.

The auto parts company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.51 by $0.20. The company had revenue of $954.40 million for the quarter, compared to the consensus estimate of $920.67 million. Modine Manufacturing had a return on equity of 25.15% and a net margin of 3.82%.The firm’s revenue was up 47.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.12 EPS.

Key Headlines Impacting Modine Manufacturing

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

• Positive Sentiment: Modine reported fiscal Q4 results that beat Wall Street expectations, with EPS of $1.71 versus $1.51 expected and revenue of $954.4 million versus $920.7 million expected. Management also highlighted record full-year performance, driven by strong demand for data-center cooling. Modine Reports Fourth Quarter Fiscal 2026 Results
• Positive Sentiment: The company announced a long-term agreement to supply more than $4 billion of data-center cooling products through 2029, including a $165 million upfront customer payment to help fund capacity expansion. Investors are viewing the deal as a major validation of Modine’s position in AI infrastructure. MarketWatch article on $4B deal
• Positive Sentiment: KeyCorp raised its price target on Modine to $370 from $250 and reiterated an overweight rating, signaling higher confidence in the company’s growth outlook after the earnings and contract news. Modine Manufacturing Co (MOD) Q4 2026 Earnings Call Highlights
• Neutral Sentiment: DA Davidson reaffirmed a buy rating but kept a $265 price target, which is below the stock’s recent trading level and may suggest some analyst caution despite strong fundamentals. Benzinga analyst update
• Neutral Sentiment: Modine also updated FY2027 revenue guidance to a range of $3.1 billion to $3.9 billion, roughly in line with consensus near $3.8 billion, keeping investor focus on whether data-center demand can sustain the current growth rate.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on MOD shares. DA Davidson reaffirmed a “buy” rating and set a $265.00 price target on shares of Modine Manufacturing in a research note on Wednesday. UBS Group reaffirmed a “buy” rating and set a $310.00 price target on shares of Modine Manufacturing in a research note on Wednesday. Roth Mkm started coverage on Modine Manufacturing in a research note on Wednesday, February 18th. They set a “buy” rating and a $263.00 price target on the stock. Wall Street Zen downgraded Modine Manufacturing from a “buy” rating to a “hold” rating in a research note on Sunday, February 22nd. Finally, B. Riley Financial upped their price target on Modine Manufacturing from $250.00 to $264.00 and gave the stock a “buy” rating in a research note on Tuesday. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $286.00.

Institutional Trading of Modine Manufacturing

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. V Square Quantitative Management LLC bought a new stake in Modine Manufacturing during the 1st quarter worth approximately $25,000. Kemnay Advisory Services Inc. bought a new stake in Modine Manufacturing during the 4th quarter worth approximately $25,000. Spire Wealth Management bought a new stake in Modine Manufacturing during the 4th quarter worth approximately $27,000. Sunbelt Securities Inc. bought a new stake in Modine Manufacturing during the 3rd quarter worth approximately $39,000. Finally, Danske Bank A S bought a new stake in Modine Manufacturing during the 3rd quarter worth approximately $43,000. 95.23% of the stock is owned by institutional investors.

Modine Manufacturing Price Performance

The company has a current ratio of 2.19, a quick ratio of 1.28 and a debt-to-equity ratio of 0.51. The business has a fifty day simple moving average of $243.35 and a 200 day simple moving average of $193.73. The stock has a market capitalization of $14.77 billion, a P/E ratio of 125.01, a price-to-earnings-growth ratio of 1.20 and a beta of 1.66.

About Modine Manufacturing

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.