Modine ManufacturingMOD
Market Cap: $5.1B
About: Modine Manufacturing Co provides thermal management solutions to diversified markets and customers. The company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications in the United States. It offers powertrain cooling products, such as engine cooling assemblies, radiators, condensers, and charge air coolers; auxiliary cooling products, including power steering and transmission oil coolers.
Employees: 11,400
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
71% more call options, than puts
Call options by funds: $59.8M | Put options by funds: $35M
10% more capital invested
Capital invested by funds: $4.91B [Q1] → $5.39B (+$481M) [Q2]
3.76% more ownership
Funds ownership: 99.26% [Q1] → 103.02% (+3.76%) [Q2]
4% less funds holding
Funds holding: 362 [Q1] → 349 (-13) [Q2]
10% less funds holding in top 10
Funds holding in top 10: 10 [Q1] → 9 (-1) [Q2]
19% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 67
23% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 149
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
B. Riley Securities Jeff Van Sinderen 36% 1-year accuracy 8 / 22 met price target | 44%upside $140 | Buy Reiterated | 1 Aug 2024 |
Oppenheimer Noah Kaye 69% 1-year accuracy 36 / 52 met price target | 39%upside $135 | Outperform Maintained | 1 Aug 2024 |
DA Davidson Matt Summerville 41% 1-year accuracy 11 / 27 met price target | 44%upside $140 | Buy Maintained | 1 Aug 2024 |
B. Riley Securities Jeff Van Sinderen 36% 1-year accuracy 8 / 22 met price target | 28%upside $125 | Buy Reiterated | 27 Jun 2024 |
Financial journalist opinion
Based on 5 articles about MOD published over the past 30 days