Savant Capital LLC Sells 1,087 Shares of Modine Manufacturing Company $MOD

Savant Capital LLC trimmed its position in shares of Modine Manufacturing Company (NYSE:MOD) by 21.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,976 shares of the auto parts company’s stock after selling 1,087 shares during the quarter. Savant Capital LLC’s holdings in Modine Manufacturing were worth $392,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of MOD. Envestnet Asset Management Inc. grew its position in Modine Manufacturing by 28.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 65,498 shares of the auto parts company’s stock worth $5,027,000 after acquiring an additional 14,664 shares during the last quarter. IFP Advisors Inc raised its position in Modine Manufacturing by 14.2% in the 1st quarter. IFP Advisors Inc now owns 911 shares of the auto parts company’s stock valued at $70,000 after purchasing an additional 113 shares during the last quarter. GW&K Investment Management LLC boosted its stake in Modine Manufacturing by 2.2% in the first quarter. GW&K Investment Management LLC now owns 147,677 shares of the auto parts company’s stock worth $11,334,000 after purchasing an additional 3,187 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of Modine Manufacturing during the first quarter worth $1,292,000. Finally, Royce & Associates LP grew its holdings in shares of Modine Manufacturing by 47.7% during the first quarter. Royce & Associates LP now owns 262,699 shares of the auto parts company’s stock worth $20,162,000 after purchasing an additional 84,847 shares during the last quarter. Institutional investors and hedge funds own 95.23% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on MOD. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Modine Manufacturing in a report on Thursday. Zacks Research downgraded shares of Modine Manufacturing from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Wall Street Zen lowered shares of Modine Manufacturing from a “buy” rating to a “hold” rating in a research report on Saturday, August 2nd. Oppenheimer upped their price objective on Modine Manufacturing from $145.00 to $180.00 and gave the stock an “outperform” rating in a report on Tuesday, October 14th. Finally, DA Davidson increased their price objective on Modine Manufacturing from $185.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Three 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, Modine Manufacturing currently has a consensus rating of “Moderate Buy” and a consensus price target of $185.00.

Modine Manufacturing Stock Up 2.8%

Shares of NYSE:MOD opened at $132.30 on Monday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.06 and a quick ratio of 1.28. The stock has a market cap of $6.97 billion, a price-to-earnings ratio of 38.24, a P/E/G ratio of 0.98 and a beta of 2.07. The company has a 50 day moving average of $150.20 and a 200-day moving average of $123.28. Modine Manufacturing Company has a one year low of $64.79 and a one year high of $166.94.

Modine Manufacturing (NYSE:MOD) last announced its quarterly earnings data on Tuesday, October 28th. The auto parts company reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.09. The firm had revenue of $738.90 million for the quarter, compared to analysts’ expectations of $699.91 million. Modine Manufacturing had a net margin of 6.93% and a return on equity of 23.99%. The business’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same period last year, the firm earned $0.97 earnings per share. Modine Manufacturing has set its FY 2026 guidance at EPS. On average, sell-side analysts forecast that Modine Manufacturing Company will post 3.88 earnings per share for the current year.

Insider Buying and Selling at Modine Manufacturing

In other Modine Manufacturing news, Director Suresh V. Garimella sold 14,204 shares of the firm’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $140.29, for a total transaction of $1,992,679.16. Following the transaction, the director owned 82,056 shares in the company, valued at approximately $11,511,636.24. This trade represents a 14.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Eric S. Mcginnis sold 25,173 shares of the business’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $140.86, for a total value of $3,545,868.78. Following the transaction, the insider owned 19,966 shares of the company’s stock, valued at $2,812,410.76. The trade was a 55.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.48% of the stock is owned by company insiders.

Modine Manufacturing Company Profile

Modine Manufacturing Company provides thermal management products and solutions in the United States, Italy, Hungary, China, the United Kingdom, and internationally. It operates through Climate Solutions and Performance Technologies segments. The company offers heat transfer coils, including heat recovery and round tube plate fin coils; gas-fired, hydronic, electric and oilfired unit heaters; roof-mounted direct- and indirect-fired makeup air units; duct furnaces; infrared units; perimeter heating products; single packaged unit ventilators; modular chillers; air handler and condensing units; ceiling cassettes; evaporator unit coolers, remote condensers, fluid coolers, gas coolers, and dry and brine coolers; and motor and generator cooling coils, transformer oil coolers, radiators, dryers, and industrial heat exchangers.