ManitowocMTW
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 Q3 regulatory filings by fund managers ($100M+ AUM)
10% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 31
2% less funds holding
Funds holding: 151 [Q2] → 148 (-3) [Q3]
2.48% less ownership
Funds ownership: 78.9% [Q2] → 76.42% (-2.48%) [Q3]
20% less capital invested
Capital invested by funds: $323M [Q2] → $258M (-$64.9M) [Q3]
37% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 51
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
80% less call options, than puts
Call options by funds: $135K | Put options by funds: $684K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Baird Mircea Dobre 44% 1-year accuracy 7 / 16 met price target | 39%upside $12 | Neutral Maintained | 1 Nov 2024 |
JP Morgan Tami Zakaria 55% 1-year accuracy 17 / 31 met price target | 39%upside $12 | Neutral Maintained | 14 Oct 2024 |
Financial journalist opinion
Based on 3 articles about MTW published over the past 30 days
