KeyBanc Reaffirms Their Buy Rating on Modine (MOD)

KeyBanc analyst Jeffrey Hammond maintained a Buy rating on Modine today and set a price target of $175.00. The company’s shares closed yesterday at $149.65.

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Hammond covers the Industrials sector, focusing on stocks such as Eaton, Parker Hannifin, and Enpro. According to TipRanks, Hammond has an average return of 11.9% and a 64.03% success rate on recommended stocks.

Currently, the analyst consensus on Modine is a Strong Buy with an average price target of $162.50, representing an 8.59% upside. In a report released on September 29, D.A. Davidson also reiterated a Buy rating on the stock with a $185.00 price target.

Based on Modine’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $682.8 million and a net profit of $51.2 million. In comparison, last year the company earned a revenue of $661.5 million and had a net profit of $47.3 million

Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MOD in relation to earlier this year. Most recently, in August 2025, Eric S McGinnis, the President of MOD sold 25,932.00 shares for a total of $3,650,753.73.