Geneva Partners LLC Invests $11.26 Million in Modine Manufacturing Company $MOD

Posted by George Bondi on Aug 20th, 2026

Geneva Partners LLC purchased a new stake in shares of Modine Manufacturing Company (NYSE:MOD – Free Report) during the second quarter, Holdings Channel reports. The fund purchased 42,163 shares of the auto parts company’s stock, valued at approximately $11,258,000. Modine Manufacturing accounts for approximately 3.0% of Geneva Partners LLC’s investment portfolio, making the stock its 14th largest position.

Several other institutional investors and hedge funds have also modified their holdings of the business. BlackRock Inc. bought a new stake in Modine Manufacturing in the second quarter worth $765,540,000. Invesco Ltd. raised its holdings in Modine Manufacturing by 120.4% during the fourth quarter. Invesco Ltd. now owns 1,318,529 shares of the auto parts company’s stock valued at $176,037,000 after buying an additional 720,389 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Modine Manufacturing by 31.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,333,174 shares of the auto parts company’s stock worth $311,503,000 after buying an additional 560,131 shares during the last quarter. WT Asset Management Ltd acquired a new stake in shares of Modine Manufacturing in the fourth quarter worth about $69,255,000. Finally, Janus Henderson Group PLC lifted its position in shares of Modine Manufacturing by 2,249.9% in the first quarter. Janus Henderson Group PLC now owns 523,507 shares of the auto parts company’s stock worth $113,459,000 after buying an additional 501,229 shares during the last quarter. Institutional investors and hedge funds own 95.23% of the company’s stock.

Insider Transactions at Modine Manufacturing

In related news, VP Brian Jon Agen sold 38,282 shares of the stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $295.17, for a total value of $11,299,697.94. Following the completion of the sale, the vice president owned 66,343 shares in the company, valued at approximately $19,582,463.31. This trade represents a 36.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Eric S. Mcginnis sold 1,020 shares of Modine Manufacturing stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $295.06, for a total value of $300,961.20. Following the sale, the insider directly owned 28,364 shares in the company, valued at approximately $8,369,081.84. This trade represents a 3.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 54,302 shares of company stock worth $15,928,759. 1.92% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

MOD has been the topic of a number of analyst reports. Glj Research reissued a “buy” rating and set a $428.00 price objective on shares of Modine Manufacturing in a report on Monday, June 1st. Oppenheimer boosted their target price on Modine Manufacturing from $271.00 to $325.00 and gave the stock an “outperform” rating in a report on Thursday, May 28th. DA Davidson reaffirmed a “buy” rating and set a $330.00 target price on shares of Modine Manufacturing in a research report on Monday, June 22nd. Weiss Ratings upgraded Modine Manufacturing from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, May 28th. Finally, KeyCorp dropped their price target on shares of Modine Manufacturing from $370.00 to $280.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Seven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $320.14.

Check Out Our Latest Report on Modine Manufacturing

Modine Manufacturing Trading Down 3.0%

Shares of MOD stock opened at $194.59 on Thursday. Modine Manufacturing Company has a 1 year low of $111.18 and a 1 year high of $323.25. The firm’s fifty day simple moving average is $235.59 and its 200 day simple moving average is $236.26. The firm has a market capitalization of $10.33 billion, a P/E ratio of 73.16, a price-to-earnings-growth ratio of 0.66 and a beta of 1.71. The company has a current ratio of 2.04, a quick ratio of 1.22 and a debt-to-equity ratio of 0.39.

Modine Manufacturing (NYSE:MOD – Get Free Report) last released its earnings results on Tuesday, July 28th. The auto parts company reported $1.53 EPS for the quarter, beating the consensus estimate of $1.27 by $0.26. Modine Manufacturing had a net margin of 4.28% and a return on equity of 25.59%. The firm had revenue of $874.10 million during the quarter, compared to analysts’ expectations of $878.69 million. During the same period in the prior year, the company earned $0.95 EPS. The business’s quarterly revenue was up 28.0% compared to the same quarter last year. As a group, sell-side analysts predict that Modine Manufacturing Company will post 7.65 EPS for the current year.

Modine Manufacturing Company Profile

(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.