Manitowoc (NYSE:MTW) Posts Earnings Results

Manitowoc (NYSE:MTW) issued its quarterly earnings data on Tuesday. The industrial products company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.17), Zacks reports. Manitowoc had a return on equity of 1.71% and a net margin of 0.32%.The business had revenue of $494.60 million during the quarter, compared to analysts’ expectations of $517.00 million. During the same period in the previous year, the business earned ($0.16) earnings per share. The business’s quarterly revenue was up 5.0% on a year-over-year basis. Manitowoc updated its FY 2026 guidance to 0.450-0.900 EPS.

Here are the key takeaways from Manitowoc’s conference call:

• All nine director nominees were elected to one-year terms, maintaining board continuity and governance stability.
• Shareholders approved the 2025 Omnibus Incentive Plan (amended and restated), allowing the company to grant equity and other incentive awards to support executive retention and alignment.
• The appointment of Deloitte & Touche LLP as the company’s independent registered public accounting firm for 2026 was ratified by shareholders.
• The advisory “say-on-pay” vote for the compensation of named executive officers passed, indicating shareholder support for the company’s executive pay practices.
• The company announced its Q1 2026 earnings conference call for tomorrow at 9:00 AM Central Time, available via webcast on the company’s website.

Manitowoc Trading Down 4.5%

Shares of MTW traded down $0.61 during trading hours on Wednesday, reaching $13.06. 194,840 shares of the company traded hands, compared to its average volume of 253,639. The firm has a market cap of $468.98 million, a price-to-earnings ratio of 68.90 and a beta of 1.81. Manitowoc has a 12-month low of $7.58 and a 12-month high of $15.56. The company has a current ratio of 2.23, a quick ratio of 0.84 and a debt-to-equity ratio of 0.64. The stock’s fifty day moving average price is $12.91 and its 200 day moving average price is $12.60.

Wall Street Analyst Weigh In

A number of research firms have weighed in on MTW. Wall Street Zen cut shares of Manitowoc from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 14th. Wells Fargo & Company reiterated an “underweight” rating and set a $10.00 price objective (up from $9.00) on shares of Manitowoc in a research report on Friday, January 23rd. Barclays cut their price objective on shares of Manitowoc from $13.00 to $11.00 and set an “underweight” rating on the stock in a research report on Wednesday, April 1st. Finally, Weiss Ratings cut shares of Manitowoc from a “hold (c)” rating to a “sell (d+)” rating in a research report on Friday, February 20th. Two analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Manitowoc presently has a consensus rating of “Strong Sell” and a consensus price target of $10.50.

Institutional Trading of Manitowoc

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Manitowoc by 0.3% during the third quarter. Vanguard Group Inc. now owns 2,139,051 shares of the industrial products company’s stock valued at $21,412,000 after purchasing an additional 6,043 shares during the period. IES Holdings Inc. purchased a new stake in shares of Manitowoc during the fourth quarter valued at $14,688,000. Charles Schwab Investment Management Inc. boosted its stake in shares of Manitowoc by 28.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 998,723 shares of the industrial products company’s stock valued at $11,975,000 after purchasing an additional 222,858 shares during the period. Jacobs Levy Equity Management Inc. boosted its stake in shares of Manitowoc by 1.2% during the third quarter. Jacobs Levy Equity Management Inc. now owns 397,798 shares of the industrial products company’s stock valued at $3,982,000 after purchasing an additional 4,743 shares during the period. Finally, AQR Capital Management LLC boosted its stake in shares of Manitowoc by 35.7% during the second quarter. AQR Capital Management LLC now owns 394,281 shares of the industrial products company’s stock valued at $4,739,000 after purchasing an additional 103,829 shares during the period. 78.66% of the stock is owned by hedge funds and other institutional investors.

Manitowoc Company Profile

The Manitowoc Company, Inc (NYSE: MTW) is a global manufacturer of heavy-lift cranes and lifting equipment. The company’s product portfolio includes tower cranes marketed under the Potain brand, mobile hydraulic cranes sold under the Grove, Manitowoc and National Crane names, and engineered lifting solutions such as mast climbers and platform hoists. Manitowoc serves a wide range of industries, including construction, infrastructure, energy and industrial markets.

Headquartered in Milwaukee, Wisconsin, Manitowoc operates manufacturing facilities, sales offices and rental centers across North America, Europe, Asia, Latin America and the Middle East.