Nippon Life Global Investors Americas Inc. Sells 105,790 Shares of Modine Manufacturing Company $MOD

Posted by Stanley Muller on Nov 2nd, 2026

Nippon Life Global Investors Americas Inc. lowered its position in shares of Modine Manufacturing Company (NYSE:MOD – Free Report) by 98.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,530 shares of the auto parts company’s stock after selling 105,790 shares during the quarter. Nippon Life Global Investors Americas Inc.’s holdings in Modine Manufacturing were worth $286,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in Modine Manufacturing in the 2nd quarter valued at about $765,540,000. Paradigm Capital Management Inc. NY bought a new position in shares of Modine Manufacturing during the 2nd quarter valued at about $388,140,000. Reinhart Partners LLC. grew its stake in shares of Modine Manufacturing by 76.4% in the 3rd quarter. Reinhart Partners LLC. now owns 980,220 shares of the auto parts company’s stock worth $183,497,000 after purchasing an additional 424,534 shares during the last quarter. Jupiter Topco LLC acquired a new position in shares of Modine Manufacturing in the 2nd quarter worth approximately $123,873,000. Finally, Blue Whale Capital LLP bought a new stake in shares of Modine Manufacturing in the 2nd quarter worth approximately $123,747,000. 95.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on MOD. B. Riley Financial reduced their target price on shares of Modine Manufacturing from $305.00 to $285.00 and set a “buy” rating for the company in a report on Thursday. Wall Street Zen cut Modine Manufacturing from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. DA Davidson reiterated a “buy” rating and set a $330.00 price objective on shares of Modine Manufacturing in a research report on Tuesday, October 27th. Cantor Fitzgerald began coverage on Modine Manufacturing in a research note on Tuesday, October 20th. They set an “overweight” rating and a $275.00 price objective for the company. Finally, Robert W. Baird started coverage on Modine Manufacturing in a report on Tuesday, October 6th. They issued an “outperform” rating and a $300.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $303.44.

Get Our Latest Research Report on MOD

Modine Manufacturing Stock Performance

Shares of MOD opened at $129.62 on Monday. Modine Manufacturing Company has a one year low of $111.18 and a one year high of $323.25. The company has a 50-day moving average of $174.55 and a two-hundred day moving average of $214.78. The stock has a market cap of $6.88 billion, a price-to-earnings ratio of 48.73, a PEG ratio of 0.46 and a beta of 1.86. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.04 and a quick ratio of 1.22.

Modine Manufacturing Profile

(Free Report)

Modine Manufacturing Company (NYSE: MOD) is a diversified thermal management company that develops and manufactures solutions for managing heat in vehicles, equipment, buildings and industrial systems. Its products are designed to improve efficiency, reliability and performance across a range of applications.

The company serves the automotive, commercial vehicle, off-highway, power generation, data center, heating, ventilation, air conditioning and refrigeration markets. Its offerings include heat exchangers, radiators, charge air coolers, battery and power electronics cooling systems, liquid-cooling equipment, coils and other thermal management components and systems.

Founded in 1916 by Arthur B.