Core Viewpoint - Modine Manufacturing Company (NYSE:MOD) is recognized as a promising mid-cap stock by leading investors, with recent price target increases from DA Davidson and KeyBanc Capital Markets reflecting positive sentiment regarding its transformation into a data center-focused company [1][3]. Group 1: Price Target Increases - DA Davidson raised Modine's price target to $255 from $200, maintaining a Buy rating, which is influenced by the company's PT spinoff and enhanced data center revenue targets for fiscal year 2028 [1]. - KeyBanc Capital Markets increased its price objective to $205, highlighting the spin-off of the PT segment as a significant positive step in Modine's transformation [3]. Group 2: Business Transformation - DA Davidson noted that Modine has "considerable further rerate potential" as it transitions into a pure-play data center company, with a high price-to-order rate of conversion and stable pricing premiums across its business [2]. - The spin-off of the PT segment is expected to allow Modine to focus on higher growth and margin opportunities in the Climate sector, particularly in Data Centers, which have a favorable long-term growth trajectory [3]. Group 3: Company Overview - Modine Manufacturing Company operates as a tester, designer, manufacturer, engineer, and seller of mission-critical thermal solutions, functioning through two segments: Performance Technologies and Climate Solutions [4].

Modine (MOD) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individual ...

Brinker said the transaction values Performance Technologies at approximately $1 billion , which he described as 6.8 times trailing twelve-month Adjusted EBITDA as of September 30, 2025. At closing, Modine is expected to receive $210 million in cash (subject to adjustments), and Modine shareholders are expected to receive approximately $790 million of Gentherm stock . Under the proposed terms, Modine shareholders would own 40% of the combined Gentherm/PT company and 100% of Modine’s remaining operations.Pre ...

Analysts on Wall Street project that Modine (MOD) will announce quarterly earnings of $0.99 per share in its forthcoming report, representing an increase of 7.6% year over year. Revenues are projected to reach $763.38 million, increasing 23.8% from the same quarter last year.The consensus EPS estimate for the quarter has been revised 2.6% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this time ...

Company Overview - Modine's shares increased by 20.3% to $176.72 in the last trading session, with a higher-than-average trading volume, compared to a 10% gain over the past four weeks [1] - The company announced a definitive agreement to spin off its Performance Technologies business and merge it with Gentherm through a Reverse Morris Trust transaction, which is structured to be tax-free for U.S. federal income tax purposes [2] Financial Performance - Modine is expected to report quarterly earnings of $0.99 per share, reflecting a year-over-year increase of 7.6%, with revenues projected at $763.38 million, up 23.8% from the same quarter last year [3] - The consensus EPS estimate for the quarter has been revised 2.6% higher over the last 30 days, indicating a positive trend in earnings estimate revisions, which typically correlates with stock price appreciation [4] Industry Context - Modine operates within the Zacks Automotive - Original Equipment industry, which includes other companies like Custom Truck One Source, Inc. [5] - Custom Truck One Source's consensus EPS estimate has remained unchanged at $0.07, representing a year-over-year change of 75%, and it currently holds a Zacks Rank of 4 (Sell) [6]

Core Viewpoint - The conference call is focused on the future of Modine's Performance Technologies segment, highlighting key leadership involvement and the importance of the announcement [1]. Group 1 - The call features Kathy Powers, VP of Investor Relations & Tax and Treasurer, along with Neil Brinker, President and CEO, and Mick Lucareli, Executive Vice President and CFO [1]. - The presentation slides are accessible on the Investor Relations section of Modine's website [1]. - The call includes forward-looking statements as per the company's press release and SEC filings [2].

PresentationGregory BlanchetteSenior Director of Investor Relations Thank you. Hello, everyone, and thank you for joining us to discuss Gentherm and Modine's announcement of our plans for a spin-off and merger of Modine's Performance Technologies business with Gentherm, which is intended to be tax-free for Modine and Modine shareholders. This morning, Gentherm and Modine issued a news release regarding this announcement, and Gentherm has posted a presentation that we will reference during this call. The rel ...

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Summary of Modine Manufacturing Company Conference Call Company Overview - **Company**: Modine Manufacturing Company (NYSE:MOD) - **Industry**: Thermal management solutions, specifically focusing on climate solutions and data center cooling Key Points and Arguments M&A Announcement - Modine announced a strategic transaction involving the spinoff of its Performance Technologies (PT) segment and its combination with Gentherm, aimed at maximizing shareholder value [1][2][4] - The transaction is structured as a reverse Morris trust, allowing it to be tax-free for Modine and its shareholders [8][9] Strategic Transformation - Modine has been on a strategic journey since 2022, focusing on transforming into a high-growth, pure-play climate solutions company [2][4] - The company has executed 6 divestitures and 6 acquisitions over the past 5 years, shifting towards high-growth, high-margin businesses [3][4] Financial Highlights - The PT business is valued at approximately $1 billion, with a trailing twelve-month adjusted EBITDA of 6.8 times as of September 30, 2025 [8] - Modine will receive $210 million in cash and shareholders will receive approximately $790 million in Gentherm stock, resulting in 40% ownership of the combined company [9][8] Growth Projections - Modine's climate solutions segment generated $1.6 billion in revenue over the 12 months ending September 30, 2025, with expected revenue growth of 35%-40% to nearly $2 billion in the upcoming fiscal year [10][11] - The data center business has experienced a 93% CAGR over the last 2 years, with anticipated annual growth of 50%-70% over the next 2 years [12][13] Market Positioning - The new Modine will focus on data centers and commercial HVAC, maintaining leading positions in HVAC and refrigeration markets [11][12] - The company aims to enhance its product development and innovation to support next-generation requirements, particularly in the rapidly growing data center cooling market [9][10] Operational Efficiency - The transaction is expected to streamline Modine's business model, allowing for better capital allocation towards high-growth initiatives [6][12] - The company anticipates maintaining flat corporate costs while absorbing resources from the PT business into the climate solutions segment [20][21] Future Outlook - Modine aims to achieve EBITDA margins in the low to mid-20s range for its climate solutions business, with a focus on high-growth verticals [52][54] - The company is exploring M&A opportunities to broaden its HVAC capabilities and precision cooling technologies [68][69] Additional Important Information - The transaction is expected to close in Q4 of calendar year 2026, pending shareholder and regulatory approvals [9][76] - Modine will report recast financial statements post-transaction, maintaining a diversified revenue stream across end markets [11][76] This summary encapsulates the key points discussed during the conference call, highlighting Modine's strategic direction, financial expectations, and market positioning within the thermal management industry.

Creating a Premier Global Climate Solutions Company January 29, 2026 Forward-Looking Statements and RMT Disclaimer No Offer or Solicitation This communication is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy or exchange any securities or a solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registratio ...