Manitowoc (NYSE:MTW) Releases FY 2026 Earnings Guidance

Manitowoc (NYSE:MTW) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.800-1.200 for the period, compared to the consensus earnings per share estimate of 0.590. The company issued revenue guidance of $2.3 billion-$2.4 billion, compared to the consensus revenue estimate of $2.2 billion.

Manitowoc Trading Up 0.1%

Shares of MTW traded up $0.01 during mid-day trading on Thursday, reaching $14.26. 277,831 shares of the company were exchanged, compared to its average volume of 216,001. The business has a 50 day simple moving average of $13.10 and a two-hundred day simple moving average of $13.09. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.72 and a current ratio of 2.10. The stock has a market capitalization of $512.18 million, a PE ratio of 71.32 and a beta of 1.72. Manitowoc has a 52 week low of $9.09 and a 52 week high of $15.56.

Manitowoc (NYSE:MTW) last announced its quarterly earnings data on Thursday, August 6th. The industrial products company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.35. Manitowoc had a return on equity of 1.85% and a net margin of 0.33%.Manitowoc’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.08 EPS. Manitowoc has set its FY 2026 guidance at 0.800-1.200 EPS. On average, analysts predict that Manitowoc will post 0.68 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on MTW shares. Wall Street Zen downgraded shares of Manitowoc from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings restated a “sell (d+)” rating on shares of Manitowoc in a report on Wednesday, May 20th. One research analyst has 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, the company presently has a consensus rating of “Strong Sell” and a consensus target price of $10.33.

Insider Activity at Manitowoc

In other Manitowoc news, Director Kenneth W. Krueger sold 9,000 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $11.80, for a total value of $106,200.00. Following the completion of the transaction, the director owned 162,672 shares in the company, valued at $1,919,529.60. This trade represents a 5.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.96% of the company’s stock.

Institutional Trading of Manitowoc

A number of hedge funds have recently made changes to their positions in MTW. Franklin Resources Inc. boosted its position in shares of Manitowoc by 3.1% during the 4th quarter. Franklin Resources Inc. now owns 23,090 shares of the industrial products company’s stock worth $277,000 after purchasing an additional 696 shares in 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 valued at $406,000 after buying an additional 2,025 shares during the last quarter. Intech Investment Management LLC boosted its stake in Manitowoc by 20.9% during the 3rd quarter. Intech Investment Management LLC now owns 13,752 shares of the industrial products company’s stock valued at $138,000 after purchasing an additional 2,376 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Manitowoc by 131.0% in the second quarter. Tower Research Capital LLC TRC now owns 4,541 shares of the industrial products company’s stock valued at $55,000 after purchasing an additional 2,575 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its position in Manitowoc by 6.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 48,179 shares of the industrial products company’s stock valued at $578,000 after buying an additional 2,741 shares during the last quarter. 78.66% of the stock is owned by institutional investors.

About Manitowoc

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.