Oppenheimer Forecasts Strong Price Appreciation for Modine Manufacturing (NYSE:MOD) Stock

Modine Manufacturing (NYSE:MOD) had its price target raised by equities researchers at Oppenheimer from $271.00 to $325.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “outperform” rating on the auto parts company’s stock. Oppenheimer’s target price indicates a potential upside of 19.24% from the stock’s current price.

Other analysts also recently issued research reports about the stock. B. Riley Financial lifted their target price on shares of Modine Manufacturing from $250.00 to $264.00 and gave the company a “buy” rating in a report on Tuesday. Wall Street Zen downgraded shares of Modine Manufacturing from a “buy” rating to a “hold” rating in a report on Sunday, February 22nd. Roth Mkm started coverage on shares of Modine Manufacturing in a report on Wednesday, February 18th. They issued a “buy” rating and a $263.00 target price for the company. Glj Research assumed coverage on shares of Modine Manufacturing in a report on Monday, March 30th. They issued a “buy” rating and a $290.00 target price for the company. Finally, KeyCorp boosted their price target on shares of Modine Manufacturing from $250.00 to $370.00 and gave the stock an “overweight” rating in a research note on Wednesday. Seven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Modine Manufacturing currently has an average rating of “Moderate Buy” and a consensus target price of $298.14.

Modine Manufacturing Trading Down 2.6%

Modine Manufacturing stock traded down $7.37 during trading on Thursday, hitting $272.56. The company had a trading volume of 581,924 shares, compared to its average volume of 1,289,867. Modine Manufacturing has a 1-year low of $86.48 and a 1-year high of $323.25. 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 company’s 50 day simple moving average is $243.35 and its 200-day simple moving average is $193.73. The stock has a market cap of $14.37 billion, a price-to-earnings ratio of 121.58, a price-to-earnings-growth ratio of 1.20 and a beta of 1.66.

Modine Manufacturing (NYSE:MOD) last posted its earnings results on Tuesday, May 26th. The auto parts company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.51 by $0.20. Modine Manufacturing had a net margin of 3.82% and a return on equity of 25.15%. The firm had revenue of $954.40 million during the quarter, compared to the consensus estimate of $920.67 million. During the same quarter last year, the firm earned $1.12 EPS. The firm’s revenue for the quarter was up 47.5% on a year-over-year basis. As a group, analysts expect that Modine Manufacturing will post 7.23 EPS for the current fiscal year.

Hedge Funds Weigh In On Modine Manufacturing

Institutional investors have recently modified their holdings of the business. V Square Quantitative Management LLC acquired a new position in shares of Modine Manufacturing in the first quarter worth $25,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Modine Manufacturing during the 4th quarter worth $25,000. Spire Wealth Management purchased a new stake in shares of Modine Manufacturing during the 4th quarter worth $27,000. Sunbelt Securities Inc. purchased a new stake in shares of Modine Manufacturing during the 3rd quarter worth $39,000. Finally, Danske Bank A S purchased a new stake in shares of Modine Manufacturing during the 3rd quarter worth $43,000. Institutional investors and hedge funds own 95.23% of the company’s stock.

Modine Manufacturing News Roundup

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

• Positive Sentiment: Modine announced a long-term agreement to supply more than $4 billion of cooling products for a strategic data center customer, including a $165 million upfront cash payment to help fund capacity expansion. Modine Reports Fourth Quarter Fiscal 2026 Results
• Positive Sentiment: Modine beat fiscal Q4 earnings and revenue estimates, reporting EPS of $1.71 versus $1.51 expected and revenue of $954.4 million versus $920.7 million expected, with revenue up 47.5% year over year. Modine (MOD) Beats Q4 Earnings and Revenue Estimates
• Positive Sentiment: KeyCorp raised its price target on Modine to $370 and kept an overweight rating, signaling further upside expectations after the strong results. Read More: Read More.
• Neutral Sentiment: Modine updated fiscal 2027 guidance and projected revenue of $3.1 billion to $3.9 billion, which is broadly in line with expectations and suggests continued growth, but the details provided were incomplete.
• Negative Sentiment: DA Davidson reiterated a buy rating but lowered its price target to $265, below the current share price, which could signal valuation caution after the recent surge. Read More: Read More.

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.