Insider Selling: Modine Manufacturing (NYSE:MOD) Director Sells $4,328,100.00 in Stock

Posted by Geri Gentry on Jun 26th, 2026

Modine Manufacturing Company (NYSE:MOD – Get Free Report) Director Eric Ashleman sold 15,000 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $288.54, for a total value of $4,328,100.00. Following the completion of the sale, the director directly owned 42,350 shares in the company, valued at $12,219,669. This represents a 26.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Modine Manufacturing Stock Performance

Shares of Modine Manufacturing stock opened at $282.91 on Friday. The business has a 50-day simple moving average of $269.92 and a 200-day simple moving average of $213.56. The company has a market cap of $14.94 billion, a PE ratio of 126.30, a P/E/G ratio of 0.89 and a beta of 1.65. Modine Manufacturing Company has a one year low of $86.48 and a one year high of $323.25. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.25 and a current ratio of 1.94.

Modine Manufacturing (NYSE:MOD – Get Free Report) last issued its quarterly earnings results on Tuesday, May 26th. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.51 by $0.20. Modine Manufacturing had a net margin of 3.82% and a return on equity of 24.39%. The company had revenue of $954.40 million during the quarter, compared to the consensus estimate of $920.67 million. During the same quarter in the previous year, the firm earned $1.12 earnings per share. The firm’s quarterly revenue was up 47.5% on a year-over-year basis. On average, equities research analysts forecast that Modine Manufacturing Company will post 7.73 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Perigon Wealth Management LLC boosted its stake in Modine Manufacturing by 583.1% during the 4th quarter. Perigon Wealth Management LLC now owns 15,171 shares of the auto parts company’s stock worth $2,025,000 after purchasing an additional 12,950 shares during the period. Wisconsin Capital Management LLC increased its stake in Modine Manufacturing by 227.9% in the third quarter. Wisconsin Capital Management LLC now owns 23,071 shares of the auto parts company’s stock valued at $3,280,000 after purchasing an additional 16,034 shares during the period. Congress Asset Management Co. increased its stake in Modine Manufacturing by 7.8% in the fourth quarter. Congress Asset Management Co. now owns 568,853 shares of the auto parts company’s stock valued at $75,948,000 after purchasing an additional 41,373 shares during the period. Vanguard Group Inc. raised its holdings in shares of Modine Manufacturing by 1.9% in the third quarter. Vanguard Group Inc. now owns 5,080,874 shares of the auto parts company’s stock valued at $722,297,000 after buying an additional 97,035 shares during the last quarter. Finally, Van Berkom & Associates Inc. raised its holdings in shares of Modine Manufacturing by 3,145.2% in the fourth quarter. Van Berkom & Associates Inc. now owns 436,084 shares of the auto parts company’s stock valued at $58,222,000 after buying an additional 422,646 shares during the last quarter. 95.23% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Wall Street Zen upgraded shares of Modine Manufacturing from a “hold” rating to a “buy” rating in a research note on Saturday, May 30th. DA Davidson reaffirmed a “buy” rating and set a $330.00 price target on shares of Modine Manufacturing in a report on Monday. Zacks Research downgraded Modine Manufacturing from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. KeyCorp increased their price objective on Modine Manufacturing from $250.00 to $370.00 and gave the company an “overweight” rating in a report on Wednesday, May 27th. Finally, Weiss Ratings raised Modine Manufacturing from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, May 28th. Seven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Modine Manufacturing currently has a consensus rating of “Moderate Buy” and an average target price of $327.14.

Get Our Latest Analysis on MOD

About Modine Manufacturing

(Get Free Report)

Modine Manufacturing Company (NYSE:MOD) is a global provider of thermal management solutions serving automotive, commercial transportation, heavy-duty off-highway, industrial, HVAC and refrigeration markets. The company designs, manufactures, tests and markets a broad array of heat-transfer products that manage temperature and energy efficiency for engines, power electronics and building climate control systems.

Its product portfolio includes heat exchangers, condensers, radiators, evaporators, charge air coolers, fan systems and associated controls.