Manitowoc (NYSE:MTW) Sets New 1-Year High Following Analyst Upgrade

Posted by George Bondi on Aug 15th, 2026

The Manitowoc Company, Inc. (NYSE:MTW – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Thursday after Wells Fargo & Company raised their price target on the stock from $10.00 to $12.00. Wells Fargo & Company currently has an underweight rating on the stock. Manitowoc traded as high as $20.27 and last traded at $20.25, with a volume of 464862 shares traded. The stock had previously closed at $19.46.

Other equities analysts have also recently issued research reports about the company. Wall Street Zen upgraded Manitowoc from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Barclays restated an “underweight” rating and set a $16.00 target price (up from $11.00) on shares of Manitowoc in a report on Monday. Finally, Weiss Ratings raised shares of Manitowoc from a “sell (d+)” rating to a “hold (c)” rating in a research note on Tuesday. One investment analyst has 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, Manitowoc currently has an average rating of “Sell” and an average price target of $14.00.

Check Out Our Latest Analysis on Manitowoc

Insider Buying and Selling at Manitowoc

In other news, Director Kenneth W. Krueger sold 9,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $11.80, for a total transaction of $106,200.00. Following the completion of the transaction, the director directly owned 162,672 shares of the company’s stock, valued at $1,919,529.60. This trade represents a 5.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.96% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership lifted its position in Manitowoc by 37.0% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 401,100 shares of the industrial products company’s stock worth $4,673,000 after buying an additional 108,347 shares in the last quarter. Hsbc Holdings PLC boosted its stake in shares of Manitowoc by 170.6% during the 4th quarter. Hsbc Holdings PLC now owns 69,393 shares of the industrial products company’s stock worth $836,000 after buying an additional 43,753 shares during the last quarter. Front Street Capital Management Inc. grew its holdings in shares of Manitowoc by 1.8% in the 1st quarter. Front Street Capital Management Inc. now owns 3,321,784 shares of the industrial products company’s stock valued at $38,699,000 after acquiring an additional 57,761 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of Manitowoc by 100.2% in the 2nd quarter. Assenagon Asset Management S.A. now owns 126,284 shares of the industrial products company’s stock valued at $1,754,000 after acquiring an additional 63,215 shares in the last quarter. Finally, Kennedy Capital Management LLC increased its position in shares of Manitowoc by 40.2% in the fourth quarter. Kennedy Capital Management LLC now owns 818,618 shares of the industrial products company’s stock valued at $9,815,000 after acquiring an additional 234,840 shares during the last quarter. Institutional investors and hedge funds own 78.66% of the company’s stock.

Manitowoc Trading Down 0.8%

The firm has a market cap of $746.48 million, a price-to-earnings ratio of 37.64 and a beta of 1.72. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.11 and a quick ratio of 0.72. The business has a 50-day moving average of $14.04 and a 200-day moving average of $13.36.

Manitowoc (NYSE:MTW – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The industrial products company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.35. The company had revenue of $594.90 million for the quarter, compared to analyst estimates of $564.00 million. Manitowoc had a net margin of 0.87% and a return on equity of 3.86%. Manitowoc’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.08 EPS. Manitowoc has set its FY 2026 guidance at 0.800-1.200 EPS. Research analysts anticipate that The Manitowoc Company, Inc. will post 0.68 EPS for the current year.

Manitowoc Company Profile

(Get Free Report)

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.