tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Modine Announces Retirement of Climate Solutions President

Story Highlights
  • Eric S. McGinnis plans to retire from Modine Manufacturing on June 30, 2026.
  • McGinnis will receive equity vesting and payouts contingent on continued employment and conditions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Modine Announces Retirement of Climate Solutions President

Claim 50% Off TipRanks Premium and Invest with Confidence

Modine ( (MOD) ) has provided an update.

On December 4, 2025, Modine Manufacturing Company announced the planned retirement of Eric S. McGinnis, President of Climate Solutions, effective June 30, 2026. During the transition period, McGinnis will continue in his role to ensure a smooth transition and will receive his regular compensation and benefits. The agreement includes provisions for the vesting of equity awards and pro rata payouts of performance stock awards, contingent on McGinnis’s continued employment and fulfillment of certain conditions.

The most recent analyst rating on (MOD) stock is a Buy with a $200.00 price target. To see the full list of analyst forecasts on Modine stock, see the MOD Stock Forecast page.

Spark’s Take on MOD Stock

According to Spark, TipRanks’ AI Analyst, MOD is a Outperform.

Modine’s overall stock score reflects strong financial performance and promising growth prospects, particularly in the Climate Solutions segment. However, concerns about valuation, temporary margin erosion, and negative free cash flow weigh on the score. Technical indicators suggest a cautious approach due to mixed signals.

To see Spark’s full report on MOD stock, click here.

More about Modine

Average Trading Volume: 1,007,807

Technical Sentiment Signal: Buy

Current Market Cap: $8.57B

See more data about MOD stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1