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Modine Manufacturing's earnings surpassed expectations, boosting stakes from major investors.
William Blair Investment Management and Skandinaviska Enskilda Banken AB both increased their stakes in Modine Manufacturing, an auto parts company.
Modine reported earnings of $0.92 per share for the quarter ending February 4th, exceeding analysts' expectations of $0.79.
The company, valued at $4.37 billion, has a P/E ratio of 27.88 and provides thermal management products internationally.
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Las ganancias de Modine Manufacturing superaron las expectativas, aumentando las apuestas de los principales inversores.