Modine Manufacturing shares rise 7.5% as data-center cooling optimism stays in focus

Modine Manufacturing Company (MOD) is up 7.5% today. Here is some analysis on what might have caused this price movement.

Analysis: No single, company-specific headline clearly explains today’s move, so the rally looks like a continuation of momentum tied to Modine’s data-center cooling growth narrative. Recent results and a higher fiscal 2026 outlook have kept investors focused on accelerating demand from data center customers, while analyst price-target increases may also be supporting the stock.

Details:

The company’s fiscal Q3 2026 results showed net sales rising 31% year-over-year to $805.0 million, with sales growth driven by higher Climate Solutions demand from data center customers and acquired businesses.

Within Climate Solutions, the company said data center sales increased 78% from the prior year, alongside ongoing capacity expansion efforts that temporarily pressured segment gross margin.

Management increased its fiscal 2026 outlook, guiding to net sales growth of 20%–25% and adjusted EBITDA of $455 million to $475 million.

Separate analyst roundups and notes in recent months reflected higher published price targets and an increasingly bullish stance tied to data-center growth expectations, which can fuel incremental buying on strong tape action.

Sources:

Modine Investor Relations, Nasdaq, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$MOD Insider Trading Activity

$MOD insiders have traded $MOD stock on the open market 11 times in the past 6 months. Of those trades, 0 have been purchases and 11 have been sales.

Here’s a breakdown of recent trading of $MOD stock by insiders over the last 6 months:

NEIL DAVID BRINKER (President and CEO) has made 0 purchases and 2 sales selling 31,871 shares for an estimated $5,117,337.
MICHAEL B LUCARELI (EVP, CFO) has made 0 purchases and 6 sales selling 19,595 shares for an estimated $4,293,671.
MARSHA C WILLIAMS sold 12,000 shares for an estimated $2,816,520
SURESH V GARIMELLA has made 0 purchases and 2 sales selling 2,200 shares for an estimated $367,477.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

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$MOD Hedge Fund Activity

We have seen 224 institutional investors add shares of $MOD stock to their portfolio, and 248 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

MACQUARIE GROUP LTD removed 949,022 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $126,703,927
INVESCO LTD. added 720,389 shares (+120.4%) to their portfolio in Q4 2025, for an estimated $96,179,135
PRICE T ROWE ASSOCIATES INC /MD/ added 560,131 shares (+31.6%) to their portfolio in Q4 2025, for an estimated $74,783,089
WT ASSET MANAGEMENT LTD added 518,727 shares (+inf%) to their portfolio in Q4 2025, for an estimated $69,255,241
VAN BERKOM & ASSOCIATES INC. added 422,646 shares (+3145.2%) to their portfolio in Q4 2025, for an estimated $56,427,467
AVENTAIL CAPITAL GROUP, LP added 402,378 shares (+inf%) to their portfolio in Q4 2025, for an estimated $53,721,486
BALYASNY ASSET MANAGEMENT L.P. added 400,081 shares (+709.4%) to their portfolio in Q4 2025, for an estimated $53,414,814

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$MOD Analyst Ratings

Wall Street analysts have issued reports on $MOD in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Roth Capital issued a "Buy" rating on 02/18/2026
DA Davidson issued a "Buy" rating on 01/29/2026
UBS issued a "Buy" rating on 11/20/2025

To track analyst ratings and price targets for $MOD, check out Quiver Quantitative's $MOD forecast page.

$MOD Price Targets

Multiple analysts have issued price targets for $MOD recently. We have seen 5 analysts offer price targets for $MOD in the last 6 months, with a median target of $263.0.

Here are some recent targets:

Matt Summerville from DA Davidson set a target price of $265.0 on 03/31/2026
Austin Wang from GLJ Research set a target price of $290.0 on 03/30/2026
Tom Hayes from Roth Capital set a target price of $263.0 on 02/18/2026
Noah Kaye from Oppenheimer set a target price of $240.0 on 02/06/2026
Neal Burk from UBS set a target price of $173.0 on 11/20/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.