---
title: "Modine Shareholders Back Board, Compensation and Auditor Choices"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296631281.md"
description: "Modine shareholders approved board re-elections, executive compensation, and KPMG ratification. Analysts rate the stock a Buy with a $330 target, while TipRanks' AI tool labels it Neutral due to strong fundamentals offset by weak technicals and high valuation."
datetime: "2026-08-21T13:57:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296631281.md)
  - [en](https://longbridge.com/en/news/296631281.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296631281.md)
generator: "portal-rs"
---

# Modine Shareholders Back Board, Compensation and Auditor Choices

An announcement from Modine ( (MOD) ) is now available.

On August 20, 2026, Modine shareholders elected Eric D. Ashleman, Alan S. Lowe, and Marsha C. Williams to the board of directors, each to serve until the 2029 annual meeting, reflecting continued support for the company’s existing governance structure. Shareholders also approved the advisory vote on named executive officer compensation and ratified KPMG as Modine’s independent registered public accounting firm, reinforcing management’s remuneration policies and affirming confidence in the company’s financial reporting oversight.

The most recent analyst rating on (MOD) stock is a Buy  
 with a $330.00 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 Neutral.

The score is supported primarily by solid underlying financial progress and a constructive, reaffirmed growth-and-margin outlook from the latest earnings call. Offsetting these positives are a clearly weak technical setup (price below major moving averages) and a stretched valuation (P/E ~92) with no dividend yield support.

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

**More about Modine**

Modine Manufacturing Company operates in the industrial and automotive sectors, providing thermal management and heat transfer solutions for vehicles, buildings, and various industrial applications. The company focuses on engineered products that support efficiency and performance for OEMs and other commercial and industrial customers in global markets.

**Average Trading Volume:** 1,605,430

**Technical Sentiment Signal:** Buy

**Current Market Cap:** $10.36B

### Related Stocks

- [MOD.US](https://longbridge.com/en/quote/MOD.US.md)

## Related News & Research

- [What Is Behind Modine Manufacturing (MOD) Stock's Latest Move?](https://longbridge.com/en/news/296034955.md)
- [Modine shareholders elect Ashleman, Lowe, Williams as directors through 2029](https://longbridge.com/en/news/296624408.md)
- [3 arguments for and against AI watermarks](https://longbridge.com/en/news/296205500.md)
- [Originalis AI Founding Engineer Ujjwal Jain Unveils AI System Processing Over 645,000 VC Email Threads](https://longbridge.com/en/news/296065185.md)
- [The push for AI watermarks is spawning a new wave of tools to remove them](https://longbridge.com/en/news/296262434.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**