DA Davidson Rates Modine Manufacturing (MOD) Buy

On October 27, 2026, DA Davidson reiterated its Buy rating on Modine Manufacturing Company (MOD) and maintained its price target at $330. This reaffirms their confidence in the company's prospects, with no change from their previous target set earlier this month.

MOD Modine Manufacturing Company

$137.85 ▼ -2.10% year to date

1M 3M YTD

Daily close · Oct 27, 2026

DA Davidson's Call on Modine Manufacturing

DA Davidson's rating emphasizes their belief in Modine's growth potential. The firm did not change its target, which suggests they see the same value in the stock as before. At the recent price of $137.70, the stock is currently trading well below the target, which may attract investor interest.

Other Institutional Activity in Modine Manufacturing

Recently, Campbell Newman Asset Management added 3,095 shares of Modine, bringing its total holdings to 35,368 shares worth about $6.6 million. Meanwhile, Artisan Partners Limited Partnership grew its stake by 203,997 shares, totaling 1,191,876 shares valued at around $164.1 million. Fuller & Thaler Asset Management also increased its position by 35,047 shares, ending with 1,116,729 shares worth about $153.8 million. Conversely, Paradigm Capital Management slightly reduced its stake by 2,038 shares, totaling 1,453,598 shares valued at approximately $200.2 million.

Modine Manufacturing Company Stock Up 5.7%

Modine shares recently traded at $137.70, which is about equal to the closing price on the same day. However, this price is significantly below its 50-day moving average of $179.66 and its 200-day moving average of $215.92. It also sits 57.4% below its 52-week high of $323.25, although it remains 23.9% above its 52-week low of $111.18. The stock is currently trading below the mean price target of $299.11 set by analysts, indicating potential upside.

Recent Earnings

In its most recent earnings report, Modine Manufacturing reported a trailing twelve-month revenue of approximately $3.37 billion and an EPS of $2.66. The company has shown a revenue growth of 28.0% year-over-year, with a net margin of 4.3% and a return on equity of 13.1%. Modine is scheduled to report its next earnings on November 3, 2026.

Insider Buying and Selling at Modine Manufacturing Company

Since June, several insiders have sold shares of Modine. Director Eric D. Ashleman sold 15,000 shares on June 16, while Officer Brian Jon Agen sold 38,282 shares on June 18. Another officer, Eric S. Mcginnis, sold 1,020 shares on the same day, and Agen sold an additional 4,306 shares on September 10.

Analysts Set New Price Targets

On October 27, DA Davidson maintained its Buy rating on Modine with a price target of $330. Earlier, Oppenheimer also maintained its rating of Outperform but lowered its target from $300 to $260. Baird initiated coverage with an Outperform rating and a $300 target, while Cantor Fitzgerald initiated with an Overweight rating and a $275 target. The consensus among nine analysts gives Modine a mean price target of $299.11, suggesting a strong outlook.

About Modine Manufacturing Company

Modine Manufacturing Company designs and produces thermal management solutions for various industries, including automotive and commercial applications. Headquartered in Racine, Wisconsin, Modine operates globally, providing critical systems that improve energy efficiency and performance in vehicles and industrial equipment.

Bottom Line

Investors should keep an eye on Modine Manufacturing's upcoming earnings report on November 3, 2026, as it may provide further insights into the company's performance. With DA Davidson's reaffirmed Buy rating and a target of $330, there may be significant interest in how the stock performs in the coming weeks.