Manitowoc (NYSE:MTW) Updates FY 2026 Earnings Guidance

Manitowoc (NYSE:MTW) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share guidance of 0.450-0.900 for the period, compared to the consensus earnings per share estimate of 0.900. The company issued revenue guidance of $2.3 billion-$2.4 billion, compared to the consensus revenue estimate of $2.4 billion.

Manitowoc Stock Performance

Shares of MTW stock traded down $0.17 on Monday, hitting $14.86. The company had a trading volume of 382,143 shares, compared to its average volume of 242,767. Manitowoc has a twelve month low of $7.06 and a twelve month high of $15.20. The company has a quick ratio of 0.66, a current ratio of 2.14 and a debt-to-equity ratio of 0.70. The firm has a market cap of $527.08 million, a P/E ratio of 9.35 and a beta of 1.88. The company has a 50-day moving average price of $12.99 and a 200-day moving average price of $11.49.

Manitowoc (NYSE:MTW) last announced its quarterly earnings results on Monday, February 9th. The industrial products company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.27 by ($0.01). Manitowoc had a net margin of 2.63% and a return on equity of 0.87%. Manitowoc has set its FY 2026 guidance at 0.450-0.900 EPS. As a group, equities research analysts predict that Manitowoc will post 0.5 earnings per share for the current fiscal year.

Analyst Ratings Changes

MTW has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Manitowoc in a report on Monday, December 22nd. Wall Street Zen upgraded shares of Manitowoc from a “buy” rating to a “strong-buy” rating in a research report on Monday, December 22nd. Finally, Wells Fargo & Company restated an “underweight” rating and set a $10.00 target price (up from $9.00) on shares of Manitowoc in a research report on Friday, January 23rd. Three investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $10.50.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. AQR Capital Management LLC lifted its stake in Manitowoc by 19.0% in the 1st quarter. AQR Capital Management LLC now owns 290,452 shares of the industrial products company’s stock valued at $2,495,000 after buying an additional 46,324 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Manitowoc by 26.0% during the first quarter. Goldman Sachs Group Inc. now owns 273,121 shares of the industrial products company’s stock valued at $2,346,000 after acquiring an additional 56,336 shares during the last quarter. Caxton Associates LLP acquired a new position in shares of Manitowoc during the first quarter valued at approximately $112,000. Empowered Funds LLC lifted its position in shares of Manitowoc by 7.3% in the first quarter. Empowered Funds LLC now owns 190,140 shares of the industrial products company’s stock valued at $1,633,000 after acquiring an additional 13,001 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Manitowoc by 49.4% in the second quarter. JPMorgan Chase & Co. now owns 364,915 shares of the industrial products company’s stock worth $4,386,000 after acquiring an additional 120,658 shares during the last quarter. Institutional investors and hedge funds own 78.66% of the company’s stock.

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.