Modine Manufacturing
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 Q3 regulatory filings by fund managers ($100M+ AUM)
130% more call options, than puts
Call options by funds: $54.8M | Put options by funds: $23.8M
97% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 38
29% more capital invested
Capital invested by funds: $5.53B [Q2] → $7.15B (+$1.62B) [Q3]
11% more funds holding in top 10
Funds holding in top 10: 9 [Q2] → 10 (+1) [Q3]
11% more funds holding
Funds holding: 352 [Q2] → 389 (+37) [Q3]
2% less repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 139
2.75% less ownership
Funds ownership: 105.63% [Q2] → 102.87% (-2.75%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Oppenheimer Noah Kaye 65% 1-year accuracy 39 / 60 met price target | 22%upside $145 | Outperform Maintained | 31 Oct 2024 |
DA Davidson Matt Summerville 53% 1-year accuracy 17 / 32 met price target | 30%upside $155 | Buy Maintained | 24 Sept 2024 |
Financial journalist opinion
Based on 8 articles about MOD published over the past 30 days
