Manitowoc (MTW)
Designs and manufactures mobile hydraulic, lattice-boom crawler, and tower cranes under the Grove and Potain brands.
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Sells mobile hydraulic, lattice-boom crawler, and tower cranes under the Grove, Potain, and Manitowoc brands, distributed mainly through a global dealer network. Revenue spans three geographic segments — the Americas, Europe/Africa, and the Middle East/Asia Pacific — with a growing aftermarket layer of parts, service, remanufacturing, rental, and telematics meant to soften construction-cycle swings.
Designs and manufactures mobile hydraulic, lattice-boom crawler, and tower cranes under the Grove, Potain, Manitowoc, National Crane, and Shuttlelift brands, plus two US equipment-distributor brands. Cranes serve heavy construction, energy, infrastructure, and residential building projects.
Manufacturing runs across plants in the US, France, Germany, and Italy, feeding three geographic segments — the Americas, Europe/Africa, and the Middle East/Asia Pacific — with the Americas generating the largest share. Sales flow mainly through independent dealers, backed by wholly owned US distributors.
A 2016 spin-off separated the crane business from the company's former foodservice operations, leaving a crane-only portfolio built around the CRANES+50 push into parts, service, remanufacturing, rental, and telematics. New-crane demand still tracks construction and infrastructure cycles, with European orders sensitive to housing permits and US orders tied to public infrastructure spending.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 10, 2026 | Barclays | Reiterate | Rating: —Target: — | Target: $16 |
| Jan 23, 2026 | Wells Fargo | Reiterate | Rating: —Target: $9 | Target: $10 |
| Nov 13, 2025 | Wells Fargo | Target | Target: $11 | Target: $9 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $95.8M · Total debt $518.4M · Total assets $1.92B · Shareholders' equity $701.1M
- Revenue
- $594.9M
- Operating income
- $31.1M
- Net income
- $14.2M
No dividends on record.
| Institutions | 82.90% | 29.77M shares | |
|---|---|---|---|
| 171 holders · as of Jun 30, 2026 | |||
| Insiders | 5.63% | 2.02M shares | |
| 15 holders · as of May 21, 2026 | |||
| Other | 11.47% | 4.12M shares | |
| remainder | |||
35.91M company shares as of Sep 12, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 11.37% | 4.08M | as of Jun 30, 2026 |
Front Street Capital Management, Inc.Institution | 8.93% | 3.21M | as of Jun 30, 2026 |
UBS Group AG directly and on behalf of certain subsidiariesInstitution | 5.53% | 1.99M | filed Feb 15, 2019 |
Dimensional Fund Advisors LPInstitution | 5.40% | 1.94M | as of Jun 30, 2026 |
Victory Capital Management Inc.Institution | 5.25% | 1.88M | filed Feb 2, 2022 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 19, 2026 | Kenneth W. Krueger | director | −9,000 | $11.80 |
- Proficient Auto Logistics
Global leader in knuckle-boom loader cranes; partial overlap with boom trucks.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Manitowoc | $22.51 | −1.12% | $817.3M | 41.4 | 27.9 | 0.4 | +10.3% |
| Proficient Auto Logistics | $3.93 | −2.00% | $111.4M | — | 12.6 | 0.3 | −5.3% |
| Median | — | 12.6 | 0.3 | −5.3% |