Headquartered in Racine, WI Fiscal year ends March NYSE: MOD modine.com
Modine Manufacturing Company is a diversified global thermal management technology and solutions provider operating through three business segments: Data Centers, Commercial HVAC, and Performance Technologies. The Data Centers segment provides cooling solutions for hyperscale and colocation data center customers, primarily in North America and EMEA. The Commercial HVAC segment offers heating, cooling, ventilation, and coil products for commercial and industrial applications, including brands acquired through recent acquisitions such as L.B. White, AbsolutAire, and Climate by Design International. The Performance Technologies segment serves automotive, commercial vehicle, agricultural, and power generation markets with thermal management products. The company employs more than 13,000 people worldwide with operations in North America, South America, Europe, and Asia. Modine is currently pursuing a Reverse Morris Trust transaction to spin off and merge its Performance Technologies segment with Gentherm, expected to close in calendar Q4 2026, which would transform Modine into a pure-play climate solutions company focused on data centers and commercial HVAC. Updated
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Modine Manufacturing Company is a diversified global thermal management technology and solutions provider operating through three business segments: Data Centers, Commercial HVAC, and Performance Technologies.
24/7 Wall St.'s 12-month price target for MOD is $260.68, rated Buy. The Wall Street consensus target is $302.43. MOD price prediction →
