Modine Manufacturing Company (MOD) Gains from Growing Data Centre Cooling Exposure

In its first-quarter 2026 capitalist letter, Carillon Eagle Small Cap Growth Fund highlighted Modine Manufacturing Company (NYSE:MOD) arsenic a notable contributor. Modine Manufacturing Company (NYSE:MOD) is an concern institution that focuses connected thermal absorption products and solutions. On June 23, 2026, Modine Manufacturing Company (NYSE:MOD) closed astatine $277.46 per share. One-month instrumentality of Modine Manufacturing Company (NYSE:MOD) was -0.09%, and its shares gained 173.30% implicit the past 52 weeks. Modine Manufacturing Company (NYSE:MOD) has a marketplace capitalization of $14.65 billion.

Carillon Eagle Small Cap Growth Fund stated the pursuing regarding Modine Manufacturing Company (NYSE:MOD) successful its Q1 2026 capitalist letter:

"Modine Manufacturing Company (NYSE:MOD) provides ngo captious thermal absorption solutions. It delivered beardown show driven by its increasing vulnerability to information halfway cooling. The institution is good positioned to payment from accelerating concern successful high-performance computing and artificial quality infrastructure. Management raised expectations during the quarter, indicating they present expect to importantly transcend their precocious issued multi-year information halfway gross targets. The announced merchantability of its Performance Technologies conception – serving lower-growth, lower-margin automotive and proscription markets – transforms the institution into a much focused, higher-growth axenic play connected information centers and commercialized heating, ventilation, and aerial conditioning (HVAC). This enhances its semipermanent maturation profile."

Modine Manufacturing Company (NYSE:MOD) is not connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 61 hedge money portfolios held Modine Manufacturing Company (NYSE:MOD) astatine the extremity of the archetypal quarter, up from 59 successful the erstwhile quarter. In the 4th fourth of fiscal 2026, Modine Manufacturing Company's (NYSE:MOD) revenue accrued 47% driven by maturation successful its Climate Solutions segment. While we admit the imaginable of Modine Manufacturing Company (NYSE:MOD) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.