$MOD

Wall Street analysts released research calls on various companies. Upgrades include Akamai (AKAM) to Strong Buy, BlackRock (BLK) to Buy, and Venture Global (VG) to Overweight. Downgrades include Apple (AAPL) to Hold, Elanco (ELAN) to Hold, and Zoetis (ZTS) to Hold. Initiations include Ford (F) with Overweight and Sunoco (SUN) with Overweight. Markets were mixed, with Nasdaq futures lower and Treasury yields higher.

Cantor Fitzgerald initiated coverage of Modine Manufacturing with an Overweight rating and a $275 price target, implying 83.8% upside from the Oct 19 close of $149.59. The firm cites strong growth in Data Center sales and operational focus on core businesses as key drivers.

Modine Manufacturing (NYSE:MOD), a data center cooling stock, is part of billionaire Mario Gabelli's portfolio. Gabelli's fund holds 489,969 shares, worth $131 million, but has been reducing its stake. Modine's revenue grew 28% year-over-year in Q1 2027, with data centers contributing 35% of sales. The stock has a forward P/E of 29.13 and is rated a Strong Buy by analysts, despite risks tied to AI spending and execution challenges.

Modine Manufacturing Co. announced Jeremy M. Patten stepped down as President, Performance Technologies, effective immediately, to transition to Gentherm. The company did not disclose a replacement or further details.

Modine Manufacturing completed the spin-off of its Performance Technologies business to Gentherm, signing agreements on tax, employee, and IP matters. Agreements include tax allocation, workforce transition, operational support, and cross-licensing of IP. Modine retains royalty-free use of the 'Modine' brand for HVAC&R and transitional purposes. The agreements are effective from October 1, 2026.

Gentherm (THRM) completed its combination with Modine’s Performance Technologies business, creating a global leader in thermal and precision flow management technologies. Modine shareholders received 0.44619 shares of Gentherm stock per Modine share, with Gentherm declaring a special dividend of $2.07 per share. Paul Mascarenas joined Gentherm’s board, expanding it to 10 members.

Modine Manufacturing Co (MOD) shares fell 11.6% to $175.04. GuruFocus values the stock at $159.11, suggesting a 10.0% overvaluation. The company has a GF Score of 85/100, indicating strong financial health but concerns arise from insider selling of $36.1M over the past year.

MODINE MANUFACTURING CO (MOD) filed an SEC Form 8-K — Regulation FD Disclosure. Exhibit 99.1 Gentherm and Modine Manufacturing Company Announce Additional Information in Connection with Proposed Combination of Gentherm and Modine’s Performance Technologies Business Modine sets record date for spin-off of Performance Technologies Gentherm declares special cas

Modine Manufacturing (MOD) is hosting an Analyst and Investor Day on 18 November 2026, following a planned spin-off of its Performance Technologies segment. The company's share price has seen a 30-day return of -14.62% and a 90-day return of -36.99%, despite a year-to-date return of 27.03% and a three-year total shareholder return of over 3x. Management forecasts data center revenues could double from $1 billion in fiscal 2026 to $2 billion by fiscal 2028, driven by demand for next-generation co

Agen Brian Jon (VP, CHRO) sold 4,306 shares of MODINE MANUFACTURING CO (MOD) at $180.30 ($0.78M total) on 2026-09-10.