Investors Buy Large Volume of Modine Manufacturing Call Options (NYSE:MOD)

Modine Manufacturing Company (NYSE:MOD) saw unusually large options trading activity on Friday. Stock investors purchased 5,600 call options on the stock. This represents an increase of approximately 254% compared to the typical daily volume of 1,580 call options.

Modine Manufacturing Price Performance

MOD opened at $185.31 on Friday. The firm has a market capitalization of $9.76 billion, a PE ratio of 53.56, a price-to-earnings-growth ratio of 1.12 and a beta of 1.70. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.00 and a quick ratio of 1.16. The business’s 50-day moving average is $144.10 and its two-hundred day moving average is $141.39. Modine Manufacturing has a 1 year low of $64.79 and a 1 year high of $190.22.

Insider Buying and Selling

In other Modine Manufacturing news, Director Suresh V. Garimella sold 1,100 shares of the company’s stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $150.00, for a total value of $165,000.00. Following the completion of the transaction, the director directly owned 80,956 shares in the company, valued at $12,143,400. This represents a 1.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Neil David Brinker sold 31,871 shares of the company’s stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $160.56, for a total value of $5,117,207.76. Following the completion of the transaction, the chief executive officer directly owned 238,312 shares of the company’s stock, valued at approximately $38,263,374.72. This trade represents a 11.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 2.48% of the company’s stock.

Institutional Trading of Modine Manufacturing

Several large investors have recently made changes to their positions in the business. Spire Wealth Management acquired a new stake in shares of Modine Manufacturing during the 4th quarter valued at about $27,000. First Horizon Corp purchased a new position in Modine Manufacturing during the third quarter worth approximately $38,000. Sunbelt Securities Inc. acquired a new stake in Modine Manufacturing in the third quarter valued at approximately $39,000. Parkside Financial Bank & Trust grew its holdings in Modine Manufacturing by 2,025.0% in the second quarter. Parkside Financial Bank & Trust now owns 425 shares of the auto parts company’s stock valued at $42,000 after purchasing an additional 405 shares during the period. Finally, Danske Bank A S purchased a new stake in shares of Modine Manufacturing in the third quarter valued at approximately $43,000. 95.23% of the stock is owned by hedge funds and other institutional investors.

More Modine Manufacturing News

Here are the key news stories impacting Modine Manufacturing this week:

• Positive Sentiment: Modine and Gentherm announced a deal to combine Modine’s Performance Technologies unit with Gentherm in a reverse Morris Trust transaction (~$1.0B value) that creates a scaled thermal-management leader and accelerates Modine’s transformation to a higher-margin climate solutions business. This is the primary strategic catalyst lifting the stock. Gentherm and Modine Combine – GlobeNewswire
• Positive Sentiment: DA Davidson reaffirmed a Buy on MOD with a $200 price target, providing a near-term analyst endorsement and visible upside from current levels that likely supports additional buying interest. DA Davidson Buy Rating – American Banking News
• Positive Sentiment: Unusual options activity: traders purchased ~5,600 MOD calls (≈254% above typical call volume), signaling bullish speculative interest that can amplify intraday moves. (No article link)
• Positive Sentiment: Market commentary and momentum pieces note a recent strong rally and upward estimate revisions, suggesting momentum traders and upgraded forecasts are contributing to the price run. Modine Soars 20.3% – Zacks
• Positive Sentiment: News outlets covered the share jump tied to the Gentherm merger details, increasing visibility among investors and likely driving higher volume. Modine Shares Jump on $1B Merger – MSN
• Neutral Sentiment: Analyst/deep-dive pieces are updating estimates and looking beyond revenue/EPS to metrics that will matter for the quarter; these are informative but not immediate price drivers. Exploring Analyst Estimates – Zacks
• Neutral Sentiment: Transcripts/slides from recent Modine investor/M&A calls provide detail on the spin-off and combination mechanics; useful for assessing deal execution and timing but incremental to headline-driven moves. M&A Call Transcript – Seeking Alpha

Wall Street Analyst Weigh In

Several brokerages have weighed in on MOD. Oppenheimer boosted their price objective on Modine Manufacturing from $185.00 to $220.00 and gave the stock an “outperform” rating in a research note on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of Modine Manufacturing in a research report on Monday, December 29th. KeyCorp increased their price target on Modine Manufacturing from $160.00 to $175.00 and gave the company an “overweight” rating in a report on Tuesday, October 14th. DA Davidson reaffirmed a “buy” rating and set a $200.00 price objective on shares of Modine Manufacturing in a research note on Thursday. Finally, UBS Group assumed coverage on shares of Modine Manufacturing in a research report on Thursday, November 20th. They set a “buy” rating and a $173.00 price objective on the stock. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $192.00.

Modine Manufacturing Company Profile

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.