ManitowocMTW
Market Cap: $321M
About: Manitowoc Co Inc provides engineered lifting solutions. It designs and manufactures mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks. It offers products under brand names such as Grove, Manitowoc, National Crane, Potain, Shuttlelift, and Manitowoc Crane Care. Its crane products serve dealers, rental companies, contractors, and government entities in diverse markets, including energy production/distribution and utility, petrochemical and industrial, infrastructure, and commercial/residential construction. Manitowoc has three reportable segments: the Americas, Europe and Africa, and the Middle East and Asia-Pacific. The Americas segment generates the majority of the revenue for the company.
Employees: 4,800
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
11% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 46
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
2.56% less ownership
Funds ownership: 80.23% [Q1] → 77.68% (-2.56%) [Q2]
10% less funds holding
Funds holding: 168 [Q1] → 151 (-17) [Q2]
20% less capital invested
Capital invested by funds: $398M [Q1] → $318M (-$79.6M) [Q2]
44% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 39
51% less call options, than puts
Call options by funds: $705K | Put options by funds: $1.43M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Goldman Sachs Jerry Revich 50% 1-year accuracy 16 / 32 met price target | 24%upside $11.30 | Sell Maintained | 9 Aug 2024 |
Barclays Adam Seiden 80% 1-year accuracy 8 / 10 met price target | 1%downside $9 | Underweight Maintained | 9 Aug 2024 |
Goldman Sachs Jerry Revich 50% 1-year accuracy 16 / 32 met price target | 42%upside $13 | Sell Maintained | 11 Jul 2024 |
JP Morgan Tami Zakaria 33% 1-year accuracy 6 / 18 met price target | 37%upside $12.50 | Neutral Maintained | 10 Jul 2024 |
UBS Steven Fisher 57% 1-year accuracy 8 / 14 met price target | 59%upside $14.50 | Neutral Maintained | 12 Jun 2024 |
Financial journalist opinion
Based on 5 articles about MTW published over the past 30 days