Modine Manufacturing VP Sells Shares Worth $11.3 Million

Agen Brian Jon, Vice President and Chief Human Resources Officer at Modine Manufacturing Company, sold 38,282 shares of the company in a planned transaction on June 18, 2026. The shares were sold at an average price of $295.17, for a total value of approximately $11.3 million.

Insider Buying and Selling at Modine Manufacturing Company

In addition to Agen Brian Jon's transaction, other insiders have also been active. Eric McGinnis, President of Commercial HVAC, sold 1,020 shares on the same day without a pre-arranged plan. Earlier, on June 16, Eric Ashleman sold 15,000 shares at an average price of $288.55. Arthur Laszlo Jr., President of Data Centers, sold 900 shares on June 1, and McGinnis also sold 24,002 shares on the same day.

Other Institutional Activity in Modine Manufacturing

Several institutional investors have been adjusting their stakes in Modine Manufacturing. BlackRock, Inc. increased its holdings by 92,131 shares, bringing its total to over 4 million shares valued at approximately $885.3 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, each acquiring over 2.3 million shares valued at about $512.2 million. Price T Rowe Associates reduced its holdings by 609,752 shares, ending with 1.7 million shares worth around $373.5 million. Meanwhile, Capital Research Global Investors boosted its stake by 231,404 shares, totaling 1.7 million shares valued at $370.5 million.

Modine Manufacturing Company Stock Up 66.4%

Shares of NYSE:MOD traded near $297.37 on Monday. Modine Manufacturing has a market capitalization of approximately $15.7 billion and a P/E ratio of 131.6, indicating high investor expectations. The forward P/E is more moderate at 26.2. The company's stock has a 52-week range between $86.48 and $323.25, with a 50-day moving average of $266.47 and a 200-day moving average of $191.72. Modine's beta of 1.66 suggests higher volatility compared to the market.

Recent Earnings

For the recent period, Modine Manufacturing reported revenue of $3.18 billion, reflecting a growth of 47.5%. The company's net margin was 3.8%, with a return on equity of 11.6%. Earnings per share stood at $2.26. The next earnings report is expected on July 28, 2026.

Analysts Set New Price Targets

On June 22, 2026, DA Davidson maintained its buy rating for Modine Manufacturing with a price target of $330. UBS and Oppenheimer also maintained buy ratings with targets of $355 and $325, respectively, on May 28. Keybanc set a higher target of $370 on May 27. The consensus among analysts is a buy, with an average target price of $340.86 based on seven opinions.

About Modine Manufacturing Company

Modine Manufacturing Company, headquartered in Racine, Wisconsin, designs and produces thermal management solutions for a variety of industries. The company operates globally, providing heat transfer products, HVAC systems, and data center cooling solutions. Led by CEO Neil D. Brinker, Modine employs around 13,200 people and is part of the consumer cyclical sector, specifically within the auto parts industry.

Bottom Line

Agen Brian Jon's recent share sale is part of a planned transaction, reflecting insider activity at Modine Manufacturing. With a strong market position and recent institutional interest, Modine remains a company to watch. Investors often track such insider transactions as part of their broader due diligence, although these filings are backward-looking and may not represent current conditions.