Modine Manufacturing Company (MOD) Stock Price & Analysis
Modine Manufacturing Company (MOD) closed at USD 135.17 on Thursday, October 22, 2026, down 9.75% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 135.17; the Oct 22, 2026 session ranged USD 133.98–145 on volume of 2,167,888 shares. Market capitalization is —, with a 52-week range of USD 111.18–323.25 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:21 UTC.
Also available as compact Markdown for AI agents: nexqual.com/MOD.md
Key facts (MOD)
- Last four reported quarters (through Jun 30, 2026): revenue $3.37B, net income $144M (4.3% margin), free cash flow $100M (SEC filings).
- 1 of 80 tracked superinvestors hold MOD (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 6 Form 4 filings, $27.8M; 5 not under a Rule 10b5-1 plan ($16.5M); 2 by opportunistic insiders (1 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Total return with dividends: 1Y -11.3% vs S&P 500 +14.9%; 5Y +1059.3% vs S&P 500 +80.3%.
- Next earnings: 2026-11-03, EPS estimate USD 1.46, revenue estimate $944M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (MOD)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $2.05B | $2.30B | $2.41B | $2.58B | $3.18B | $3.37B |
| Gross profit | $309M | $389M | $526M | $644M | $731M | — |
| Operating income | $119M | $150M | $241M | $284M | $342M | $342M |
| Net income | $85.2M | $153M | $162M | $184M | $122M | $144M |
| EPS (diluted) | $1.62 | $2.90 | $3.03 | $3.42 | $2.26 | — |
| Free cash flow | -$28.8M | $56.8M | $127M | $129M | $105M | $100M |
| Gross margin | 15.1% | 16.9% | 21.8% | 24.9% | 23.0% | — |
| Operating margin | 5.8% | 6.5% | 10.0% | 11.0% | 10.8% | 10.1% |
| Net margin | 4.2% | 6.7% | 6.7% | 7.1% | 3.8% | 4.3% |
| Revenue growth | +13.4% | +12.1% | +4.8% | +7.3% | +23.1% | — |
| Cash + short-term investments | $48.9M | $70.6M | $60.1M | — | — | — |
| Total debt | $374M | $352M | $422M | $343M | $431M | — |
Fiscal years end Mar. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (MOD)
P/E at fiscal year-ends: Mar 2026 96.0x, Mar 2025 22.5x, Mar 2024 31.5x.
Superinvestors (SEC 13F-HR, Q2 2026) (MOD)
1 of 80 tracked investors hold MOD. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Polen Capital | Polen Capital Management | 0.07% | $7.8M | Added +1.0% |
Insider sales (SEC Form 4, open-market, last ~7 months) (MOD)
1 of 6 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-10 | Agen Brian Jon | VP, CHRO | 4,306 | $776K | 6% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-18 | Agen Brian Jon | VP, CHRO | 38,282 | $11.3M | 36.6% | Yes (adopted March 19, 2026) | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-18 | McGinnis Eric S | President, Commercial HVAC | 1,020 | $301K | 3.5% | No | Too little history (no open-market trades in 2023) |
| 2026-06-16 | Ashleman Eric D | Director | 15,000 | $4.3M | 26.2% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-29…2026-06-01 | McGinnis Eric S | President, Commercial HVAC | 38,082 | $10.9M | 56.4% | No | Too little history (no open-market trades in 2023) |
| 2026-06-01 | Laszlo Arthur Jr. | President, Data Centers | 900 | $266K | 6.7% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (MOD)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-20 | Cantor Fitzgerald | Initiated | Overweight | $275 |
| 2026-10-06 | Baird | Initiated | Outperform | $300 |
| 2026-10-02 | Oppenheimer | Target lowered | Outperform | $300 → $260 |
| 2026-09-29 | DA Davidson | Maintained | Buy | $330 |
| 2026-09-02 | Keybanc | Reiterated | Overweight | $280 |
| 2026-07-30 | B. Riley Securities | Target lowered | Buy | $340 → $305 |
| 2026-07-30 | Keybanc | Target lowered | Overweight | $370 → $280 |
Total return (dividends reinvested) (MOD)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -11.3% | +1059.3% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -11.3% | +63.0% |
| Volatility (annualized) | 71.8% | 58.4% |
| Max drawdown | -56.0% (Jun 2026→Oct 2026) | -54.5% (Jun 2026→Oct 2026) |
MOD revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Data Center | $348.6M | 39.9% | +89.8% |
| Performance Technologies | $277.8M | 31.8% | -2.7% |
| Commercial Heating Ventilation & Air Conditioning | $261.6M | 29.9% | +22.1% |
| Total revenue | $874.1M | 100% | — |
MOD revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Data Center Cooling Solutions | $348.4M | 39.9% | +89.8% |
| Heat Transfer Solutions | $172.5M | 19.7% | +6.6% |
| Liquid Cooled | $170.2M | 19.5% | -5.0% |
| Air Cooled | $107.6M | 12.3% | +1.2% |
| Hvac Technologies | $75.4M | 8.6% | +45.3% |
| Total revenue | $874.1M | 100% | — |
MOD revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Americas | $614.1M | 70.3% | +42.9% |
| Europe | $213.7M | 24.4% | +7.5% |
| Asia | $60.2M | 6.9% | +9.5% |
| Total revenue | $874.1M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
MOD suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Gentherm Inc (THRM) | “Uncertainties regarding the impacts of the pending Reverse Morris Trust transaction with Gentherm on our employees, customers, and suppliers could adversely affect our business and results of operations.” |
| Customer | TMGcore | “In addition, we paid $12 million during fiscal 2024 to purchase intellectual property and related assets from TMGcore, Inc. These investments support our growth strategy by expanding our product portfolio and broadening our customer base in our Climate Solutions segment.” |
Quoted from the company's 10-K filed May 27, 2026.
MOD company outlook (results filed Jul 29, 2026)
- “Outlook "Our financial outlook for Fiscal 2027 remains unchanged, and we remain confident in our ability to deliver another year of record-breaking results," said Modine President and Chief Executive Officer, Neil D.”
- “Our planned spin-off and merger of the Performance Technologies business with Gentherm remains firmly on schedule to close in the fourth calendar quarter of this year, having cleared several major milestones this past quarter." The current full-year guidance remains unchanged and continues to reflect the Performance Technologies business for the entirety of fiscal 2027.”
Quoted word-for-word from the SEC 8-K results press release.
MOD analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.46 | $1.75 | -16.7% | $943.7M | 10 |
| Next quarter (ends Dec 2026) | $1.60 | $2.13 | -24.9% | $792.1M | 4 |
| Current fiscal year (ends Mar 2027) | $6.55 | $7.80 | -16.0% | $3.47B | 4 |
| Next fiscal year (ends Mar 2028) | $10.30 | $11.33 | -9.1% | $4.13B | 5 |
Key Statistics (as of October 23, 2026 at 09:21 UTC)
| Price | USD 135.17 |
|---|---|
| Change | ▼ 9.75% (down) |
| Previous Close | USD 135.17 |
| Open | USD 135.17 |
| Day Range | USD 133.98 – 145 |
| 52-Week Range | USD 111.18 – 323.25 |
| Volume | 2,167,888 shares |
| Market Cap | — |
| Exchange | NYQ |
Technical Analysis (MOD)
Nexqual's technical model rates MOD "SELL" based on 3 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:21 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 25.75 (oversold) |
| vs SMA50 | Below (USD 182.64) |
| MACD | -12.21 (negative) |
Earnings (MOD)
| Next Earnings Date | 2026-11-03 |
|---|---|
| EPS Estimate | USD 1.46 |
| Revenue Estimate | $943.68M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.53 vs est 1.27 ▲ beat |
| 2026-03-31 | USD 1.71 vs est 1.55 ▲ beat |
| 2025-12-31 | USD 1.19 vs est 0.99 ▲ beat |
| 2025-09-30 | USD 1.06 vs est 1.01 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
Financials & Fundamentals (MOD)
| Total Revenue | $3.37B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +28.00% |
| Gross Margin | +22.21% |
| Operating Margin | +9.00% |
| Profit Margin | +4.28% |
| ROE | +13.09% |
| Debt / Equity | 0.55 |
| Current Ratio | 2.04 |
| Total Cash | $95.30M |
| Total Debt | $671.40M |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
Ownership (MOD)
| Insider Ownership | +1.94% |
|---|---|
| Institutional Ownership | +101.20% |
| Shares Outstanding | 53.20M |
| Float | 52.03M |
| Short % of Float | +5.95% |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
From Modine Manufacturing Company's Latest SEC 10-K Filing (filed 2026-05-27)
Key Strengths & Strategy (as disclosed to the SEC)
- Through our integrated and process-oriented Global Modine Management System, the majority of our manufacturing facilities and administrative offices are registered to ISO 9001:2015 or IATF 16949:2016 standards, helping to ensure that our customers receive high quality products and services.
- Our heritage provides a depth and breadth of expertise in thermal management, which, when combined with our global manufacturing presence, standardized processes, and state-of-the-art technical resources, enables us to rapidly bring highly-valued, customized solutions to our customers.
- We believe that managing these businesses independently will allow us to better deploy our 80/20 strategy focused on capitalizing on growth opportunities, particularly in our Data Centers business, and optimizing profit margins and cash flow.
- Our heritage includes a depth and breadth of expertise in thermal management that, combined with our global manufacturing presence, standardized processes, and state-of-the-art technical resources, enables us to rapidly bring customized solutions to our customers.
Legal & Regulatory Risks (Item 1A, quoted)
- We could be adversely impacted by the costs of environmental, health and safety regulations.
- We may incur material losses and costs as a result of warranty and product liability claims and litigation or other legal proceedings.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:21 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt