Manitowoc (NYSE:MTW) Hits New 12-Month High – Here’s Why

Posted by Francis Steltz on Nov 2nd, 2026

The Manitowoc Company, Inc. (NYSE:MTW – Get Free Report) hit a new 52-week high during mid-day trading on Monday. The stock traded as high as $24.41 and last traded at $24.3290, with a volume of 76,865 shares changing hands. The stock had previously closed at $23.03.

Wall Street Analyst Weigh In

Several research firms have weighed in on MTW. Wells Fargo & Company increased their price target on shares of Manitowoc from $10.00 to $12.00 and gave the stock an “underweight” rating in a research report on Thursday, August 13th. Wall Street Zen downgraded shares of Manitowoc from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 25th. Weiss Ratings upgraded Manitowoc from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. Finally, Barclays reaffirmed an “underweight” rating and issued a $16.00 target price (up from $11.00) on shares of Manitowoc in a report on Monday, August 10th. One equities research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Sell” and an average price target of $14.00.

Check Out Our Latest Stock Report on Manitowoc

Manitowoc Stock Up 4.5%

The company has a market capitalization of $867.78 million, a PE ratio of 43.76 and a beta of 1.78. The company’s 50 day moving average is $21.55 and its two-hundred day moving average is $15.55. The company has a quick ratio of 0.75, a current ratio of 2.11 and a debt-to-equity ratio of 0.66.

Manitowoc (NYSE:MTW – Get Free Report) last posted its earnings results on Thursday, August 6th. The industrial products company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.35. Manitowoc had a return on equity of 3.86% and a net margin of 0.87%. The firm had revenue of $594.90 million during the quarter, compared to the consensus estimate of $564.00 million. During the same period in the prior year, the company earned $0.08 EPS. The company’s quarterly revenue was up 10.3% compared to the same quarter last year. Manitowoc has set its FY 2026 guidance at 0.800-1.200 EPS. On average, analysts anticipate that The Manitowoc Company, Inc. will post 1.00 earnings per share for the current year.

Institutional Trading of Manitowoc

Large investors have recently made changes to their positions in the business. Commonwealth Equity Services LLC purchased a new position in Manitowoc during the third quarter valued at approximately $635,000. Associated Banc Corp purchased a new stake in shares of Manitowoc during the third quarter worth $1,223,000. Vise Technologies Inc. lifted its stake in Manitowoc by 19.0% in the third quarter. Vise Technologies Inc. now owns 35,024 shares of the industrial products company’s stock valued at $752,000 after acquiring an additional 5,583 shares during the last quarter. Signaturefd LLC boosted its holdings in Manitowoc by 583.2% in the third quarter. Signaturefd LLC now owns 1,544 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 1,318 shares in the last quarter. Finally, SummerHaven Investment Management LLC lifted its holdings in Manitowoc by 38.2% in the 3rd quarter. SummerHaven Investment Management LLC now owns 75,200 shares of the industrial products company’s stock worth $1,614,000 after purchasing an additional 20,797 shares during the last quarter. 78.66% of the stock is currently owned by institutional investors.

Manitowoc Company Profile

(Get Free Report)

The Manitowoc Company, Inc (NYSE: MTW) is a global manufacturer of cranes and lifting equipment. Its product portfolio includes crawler cranes, tower cranes, mobile telescopic cranes, boom trucks and industrial cranes used in construction, infrastructure, energy and other heavy-lifting applications.

The company markets its equipment under brands including Manitowoc, Potain, Grove, National Crane and Shuttlelift. In addition to new equipment, Manitowoc provides replacement parts, technical support, maintenance services, operator training and other aftermarket solutions intended to support customers throughout the life of their cranes.

Founded in 1902, Manitowoc has historical roots in shipbuilding and marine engineering and later expanded into crane manufacturing and other industrial businesses.