Manitowoc (NYSE:MTW) Issues Earnings Results, Misses Estimates By $0.17 EPS

Manitowoc (NYSE:MTW) released 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 1.85% and a net margin of 0.33%.The firm had revenue of $494.60 million during the quarter, compared to analyst estimates of $517.00 million. During the same quarter in the prior year, the company posted ($0.16) EPS. The company’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 Stock Performance

Shares of NYSE:MTW traded up $0.33 during trading on Thursday, hitting $13.61. 214,727 shares of the stock were exchanged, compared to its average volume of 256,385. Manitowoc has a 1-year low of $8.73 and a 1-year high of $15.56. The company has a market capitalization of $488.71 million, a price-to-earnings ratio of 68.05 and a beta of 1.81. The company’s fifty day simple moving average is $12.89 and its 200-day simple moving average is $12.62. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.84 and a current ratio of 2.23.

Hedge Funds Weigh In On Manitowoc

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Franklin Resources Inc. raised its position in Manitowoc by 3.1% in the 4th quarter. Franklin Resources Inc. now owns 23,090 shares of the industrial products company’s stock valued at $277,000 after purchasing an additional 696 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of Manitowoc by 6.4% during the fourth quarter. Deutsche Bank AG now owns 33,847 shares of the industrial products company’s stock worth $406,000 after purchasing an additional 2,025 shares during the last quarter. Intech Investment Management LLC grew its holdings in shares of Manitowoc by 20.9% during the third quarter. Intech Investment Management LLC now owns 13,752 shares of the industrial products company’s stock worth $138,000 after purchasing an additional 2,376 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings 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 last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in shares of Manitowoc by 6.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 48,179 shares of the industrial products company’s stock worth $578,000 after purchasing an additional 2,741 shares during the last quarter. Institutional investors own 78.66% of the company’s stock.

Analyst Ratings Changes

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