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)
4% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 27
2% less funds holding
Funds holding: 151 [Q2] → 148 (-3) [Q3]
2.45% less ownership
Funds ownership: 79.23% [Q2] → 76.77% (-2.45%) [Q3]
20% less capital invested
Capital invested by funds: $325M [Q2] → $260M (-$65.1M) [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
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Baird Mircea Dobre 33% 1-year accuracy 5 / 15 met price target | 29%upside $12 | Neutral Maintained | 1 Nov 2024 |