The Manitowoc Company, Inc. $MTW Stock: Goldstein Advisors LLC Raises Holdings

Key Points

• Goldstein Advisors sharply increased its Manitowoc stake by 3,280.8% in the third quarter, acquiring 633,193 additional shares for a total of 652,493 shares worth approximately $14 million. Institutional investors collectively own 78.66% of MTW.
• Despite some analysts raising price targets, Manitowoc has a consensus “Sell” rating from analysts, with an average target of $14—below the stock’s reported $22.41 opening price.
• Manitowoc exceeded quarterly expectations, reporting $0.46 EPS versus $0.11 expected and $594.9 million in revenue, up 10.3% year over year. The company issued fiscal 2026 EPS guidance of $0.80 to $1.20.

Goldstein Advisors LLC lifted its stake in The Manitowoc Company, Inc. (NYSE:MTW - Free Report) by 3,280.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 652,493 shares of the industrial products company's stock after purchasing an additional 633,193 shares during the quarter. Manitowoc accounts for 1.2% of Goldstein Advisors LLC's portfolio, making the stock its 20th largest position. Goldstein Advisors LLC owned about 1.81% of Manitowoc worth $14,002,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in MTW. State of Wyoming acquired a new stake in shares of Manitowoc during the first quarter worth approximately $62,000. Integrated Wealth Concepts LLC acquired a new position in Manitowoc in the 2nd quarter valued at approximately $102,000. 9823 Capital L.P. acquired a new position in Manitowoc in the 4th quarter valued at approximately $179,000. Squarepoint Ops LLC increased its stake in Manitowoc by 4.1% in the 2nd quarter. Squarepoint Ops LLC now owns 27,603 shares of the industrial products company's stock valued at $383,000 after buying an additional 1,088 shares during the period. Finally, Public Employees Retirement System of Ohio lifted its position in Manitowoc by 5.2% in the 1st quarter. Public Employees Retirement System of Ohio now owns 32,187 shares of the industrial products company's stock worth $375,000 after buying an additional 1,594 shares in the last quarter. 78.66% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on MTW. Barclays reissued an "underweight" rating and set a $16.00 target price (up from $11.00) on shares of Manitowoc in a research note on Monday, August 10th. Weiss Ratings raised shares of Manitowoc from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, October 8th. Wall Street Zen raised shares of Manitowoc from a "buy" rating to a "strong-buy" rating in a research note on Sunday, August 16th. Finally, Wells Fargo & Company increased their price objective on Manitowoc from $10.00 to $12.00 and gave the stock an "underweight" rating in a report on Thursday, August 13th. One equities research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, Manitowoc has a consensus rating of "Sell" and an average price target of $14.00.

Manitowoc Stock Performance

MTW opened at $22.41 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.75 and a current ratio of 2.11. The company has a market cap of $808.01 million, a PE ratio of 40.74 and a beta of 1.74. The stock has a 50-day moving average of $20.97 and a 200-day moving average of $15.71. The Manitowoc Company, Inc. has a 52-week low of $9.93 and a 52-week high of $24.00.

Manitowoc (NYSE:MTW - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The industrial products company reported $0.46 earnings per share 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 business had revenue of $594.90 million for the quarter, compared to the consensus estimate of $564.00 million. During the same period last year, the business earned $0.08 EPS. The firm's 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. As a group, equities research analysts forecast that The Manitowoc Company, Inc. will post 1.00 earnings per share for the current fiscal year.

Manitowoc Profile

The Manitowoc Company, Inc NYSE: MTW is a global manufacturer of lifting equipment used in construction, infrastructure development, energy, and industrial applications. The company designs and produces a broad range of cranes, including mobile hydraulic cranes, crawler cranes, tower cranes, boom trucks, and related lifting solutions.

Manitowoc markets its products under well-known brands such as Manitowoc, Grove, Potain, National Crane, and Shuttlelift. Its offerings include cranes for assembling and servicing buildings, bridges, power facilities, industrial plants, and other large-scale projects.

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