GSA Capital Partners LLP Has $1.08 Million Holdings in The Manitowoc Company, Inc. $MTW

GSA Capital Partners LLP cut its holdings in shares of The Manitowoc Company, Inc. (NYSE:MTW) by 43.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 107,804 shares of the industrial products company’s stock after selling 84,487 shares during the period. GSA Capital Partners LLP owned about 0.30% of Manitowoc worth $1,079,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC grew its holdings in shares of Manitowoc by 19.0% during the first quarter. AQR Capital Management LLC now owns 290,452 shares of the industrial products company’s stock worth $2,495,000 after purchasing an additional 46,324 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Manitowoc by 26.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 273,121 shares of the industrial products company’s stock worth $2,346,000 after buying an additional 56,336 shares in the last quarter. Caxton Associates LLP acquired a new position in Manitowoc during the 1st quarter worth about $112,000. Empowered Funds LLC grew its holdings in Manitowoc by 7.3% during the 1st quarter. Empowered Funds LLC now owns 190,140 shares of the industrial products company’s stock worth $1,633,000 after acquiring an additional 13,001 shares during the last quarter. Finally, CWM LLC increased its position in Manitowoc by 669.9% in the 2nd quarter. CWM LLC now owns 7,329 shares of the industrial products company’s stock valued at $88,000 after acquiring an additional 6,377 shares in the last quarter. Institutional investors own 78.66% of the company’s stock.

Analyst Ratings Changes

MTW has been the topic of several research analyst reports. Wall Street Zen cut shares of Manitowoc from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 14th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Manitowoc in a research report on Monday, December 22nd. Barclays lifted their target price on Manitowoc from $10.00 to $13.00 and gave the company an “underweight” rating in a research note on Wednesday, February 11th. Finally, Wells Fargo & Company reaffirmed an “underweight” rating and set a $10.00 price target (up previously from $9.00) on shares of Manitowoc in a research note on Friday, January 23rd. Three research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $11.00.

Manitowoc Stock Performance

Shares of Manitowoc stock opened at $14.14 on Friday. The firm has a fifty day moving average of $13.42 and a two-hundred day moving average of $11.61. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.66 and a current ratio of 2.14. The stock has a market capitalization of $501.55 million, a price-to-earnings ratio of 74.42 and a beta of 1.88. The Manitowoc Company, Inc. has a 52 week low of $7.06 and a 52 week high of $15.56.

Manitowoc (NYSE:MTW) last announced its quarterly earnings data on Monday, February 9th. The industrial products company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). Manitowoc had a return on equity of 1.73% and a net margin of 0.32%.The company had revenue of $677.10 million for the quarter, compared to analyst estimates of $637.00 million. During the same period last year, the firm earned $0.10 earnings per share. The firm’s revenue for the quarter was up 13.6% on a year-over-year basis. Manitowoc has set its FY 2026 guidance at 0.450-0.900 EPS. As a group, equities research analysts predict that The Manitowoc Company, Inc. will post 0.5 EPS for the current year.

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.