Tudor Investment Corp ET AL Buys 81,864 Shares of The Manitowoc Company, Inc. $MTW

Key Points

• Tudor Investment Corp ET AL increased its stake in The Manitowoc Company by 67.2% in Q3, acquiring 81,864 shares to hold 203,758 shares (about 0.57% of the company) worth roughly $2.04 million.
• Analyst sentiment is largely negative—MarketBeat shows an average rating of "Strong Sell" with a $10.50 average price target after downgrades and underweight calls from firms including Weiss, Wells Fargo and Barclays.
• Manitowoc reported revenue of $677.1M (beat estimates) but missed EPS by $0.01 at $0.26, set FY2026 EPS guidance of 0.45–0.90, and its shares trade near $13.11 with a market cap of about $471M.

Tudor Investment Corp ET AL boosted its stake in shares of The Manitowoc Company, Inc. (NYSE:MTW - Free Report) by 67.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 203,758 shares of the industrial products company's stock after acquiring an additional 81,864 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.57% of Manitowoc worth $2,040,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Intech Investment Management LLC grew its holdings 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 worth $138,000 after acquiring an additional 2,376 shares during the last quarter. Associated Banc Corp boosted its stake in shares of Manitowoc by 13.6% in the 3rd quarter. Associated Banc Corp now owns 20,302 shares of the industrial products company's stock valued at $203,000 after purchasing an additional 2,435 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Manitowoc by 131.0% in the 2nd 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 during the last quarter. R Squared Ltd boosted its stake in shares of Manitowoc by 22.2% in the 3rd quarter. R Squared Ltd now owns 17,164 shares of the industrial products company's stock valued at $172,000 after purchasing an additional 3,120 shares during the last quarter. Finally, PDT Partners LLC boosted its stake in shares of Manitowoc by 6.3% in the 2nd quarter. PDT Partners LLC now owns 55,284 shares of the industrial products company's stock valued at $665,000 after purchasing an additional 3,277 shares during the last quarter. Institutional investors own 78.66% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on MTW shares. Weiss Ratings lowered shares of Manitowoc from a "hold (c)" rating to a "sell (d+)" rating in a research note on Friday, February 20th. Wells Fargo & Company reaffirmed an "underweight" rating and issued a $10.00 target price (up from $9.00) on shares of Manitowoc in a research note on Friday, January 23rd. Barclays reduced their target price on shares of Manitowoc from $13.00 to $11.00 and set an "underweight" rating on the stock in a research note on Wednesday, April 1st. Finally, Wall Street Zen lowered 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 MarketBeat.com, the company has an average rating of "Strong Sell" and an average price target of $10.50.

Manitowoc Stock Performance

Shares of NYSE:MTW opened at $13.11 on Monday. The company has a market capitalization of $470.75 million, a price-to-earnings ratio of 69.00 and a beta of 1.82. The firm's 50 day simple moving average is $13.29 and its 200 day simple moving average is $12.31. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.23 and a quick ratio of 0.84. The Manitowoc Company, Inc. has a fifty-two week low of $7.26 and a fifty-two week high of $15.56.

Manitowoc (NYSE:MTW - Get Free Report) last announced its quarterly earnings results on Monday, February 9th. The industrial products company reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.27 by ($0.01). The firm had revenue of $677.10 million during the quarter, compared to analyst estimates of $637.00 million. Manitowoc had a net margin of 0.32% and a return on equity of 1.71%. The business's revenue was up 13.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.10 earnings per share. Manitowoc has set its FY 2026 guidance at 0.450-0.900 EPS. As a group, sell-side analysts forecast that The Manitowoc Company, Inc. will post 0.5 earnings per share for the current year.

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.

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