Manitowoc (NYSE:MTW) Announces Quarterly Earnings Results

Manitowoc (NYSE:MTW) released its quarterly earnings data on Tuesday. The industrial products company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.17), Zacks reports. The business had revenue of $494.60 million during the quarter, compared to the consensus estimate of $517.00 million. Manitowoc had a net margin of 0.32% and a return on equity of 1.71%. Manitowoc’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.16) EPS. 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 Stock Performance

Shares of NYSE MTW traded up $0.82 during trading hours on Tuesday, reaching $13.67. 400,400 shares of the stock were exchanged, compared to its average volume of 173,303. The firm has a market capitalization of $490.93 million, a price-to-earnings ratio of 71.96 and a beta of 1.81. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.84 and a current ratio of 2.23. Manitowoc has a 52 week low of $7.58 and a 52 week high of $15.56. The stock’s fifty day simple moving average is $12.91 and its 200 day simple moving average is $12.60.

Hedge Funds Weigh In On Manitowoc

Large investors have recently made changes to their positions in the company. Quantbot Technologies LP bought a new position in shares of Manitowoc during the third quarter worth approximately $47,000. Tower Research Capital LLC TRC increased its stake in shares of Manitowoc by 131.0% during the second quarter. Tower Research Capital LLC TRC now owns 4,541 shares of the industrial products company’s stock worth $55,000 after purchasing an additional 2,575 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in shares of Manitowoc during the second quarter worth approximately $84,000. Caxton Associates LLP bought a new position in shares of Manitowoc during the first quarter worth approximately $112,000. Finally, Squarepoint Ops LLC bought a new position in shares of Manitowoc during the third quarter worth approximately $138,000. Institutional investors own 78.66% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on MTW shares. Wall Street Zen lowered Manitowoc from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 14th. Weiss Ratings lowered Manitowoc from a “hold (c)” rating to a “sell (d+)” rating in a research note on Friday, February 20th. Wells Fargo & Company restated an “underweight” rating and issued a $10.00 price objective (up from $9.00) on shares of Manitowoc in a research note on Friday, January 23rd. Finally, Barclays dropped their price objective on Manitowoc from $13.00 to $11.00 and set an “underweight” rating on the stock in a research note on Wednesday, April 1st. Two investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Strong Sell” and an average price target of $10.50.

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.