Type
|
Public |
---|---|
Traded as | NYSE: MTW |
Industry | Manufacturing |
Founded | 1902 |
Headquarters | 2400 South 44th Street Manitowoc, Wisconsin, United States |
Key people
|
Barry L. Pennypacker (CEO) |
Products | Cranes |
Revenue | US$ 3.4 Billion |
Operating income
|
US$0.1 Billion |
Net income
|
US$0.1 Billion |
Total assets | US$3.5 Billion |
Total equity | US$0.8 Billion |
Number of employees
|
11,000 |
Divisions | Manitowoc Cranes, Manitowoc Foodservice |
Website | www |
The Manitowoc Company, Inc. is a Fortune 1000 manufacturer of cranes and, until 2016, food service equipment. The company was founded in 1902, and is headquartered in Manitowoc, Wisconsin. On March 4, 2016, the company announced that it had completed the spin-off of its food service equipment operations into a new publicly traded company, Manitowoc Foodservices.
Manitowoc Company, Inc. was founded by Charles West and Elias Gunnell in the lakeshore community of Manitowoc, Wisconsin, in 1902. It was known as a shipbuilding and ship-repair company under the name Manitowoc Shipbuilding Company. Since that time, the company has grown and diversified, entering the lattice-boom crane business in the mid-1920s and branching into commercial refrigeration equipment shortly after World War II. During World War II, the Department of the Navy contracted Manitowoc to build a total of 28 submarines, plus the canceled USS Chicolar (SS-464). Before they built the submarines for the Department of the Navy, the company built car ferries. In November 2002, the company acquired the Grove Crane company for approximately $271 million.
Manitowoc produces several lines of cranes to serve the construction industries. The company produces high-capacity lattice-boom crawler cranes, tower cranes, and mobile telescopic cranes for heavy construction, commercial construction, energy-related, wind farm, infrastructure, duty-cycle and crane-rental applications. It is also a producer of boom trucks.
Main Brands:
Manitowoc Foodservice is a sub-division of the Manitowoc Company that produces ice machines and refrigeration equipment for businesses.
In 2008, the company acquired Enodis PLC, a UK-based supplier of restaurant equipment, including fryers, ovens, and ice machines. Manitowoc Foodservice announced that they would be selling off the ice division of Enodis, and the sale of that division has been completed.
On March 4, 2016 The Manitowoc Company completed a one for one common share split and created Manitowoc Foodservices. As of March 7, 2016 the newly created company began standard stock offerings on the NYSE under the symbol "MFS"
The newly formed company is under the leadership of former Manitowoc Company executive Hubertus M. Muehlhaeuser, who currently has eight direct reports are the current executives. They are supported by a seven-member board of directors which includes Mr. Muehlhaeuser.
Manitowoc Foodservices consists of 23 global brands that include 12 holding either #1 or #2 position in their respected global markets.
Manitowoc Marine was a subdivision of the Manitowoc Company, which builds and repairs commercial and military ships at yards in Marinette, Wisconsin; Sturgeon Bay, Wisconsin; and Cleveland, Ohio. The Marinette shipyard, Marinette Marine, built the first Freedom class littoral combat ship for the United States Navy, and the United States Coast Guard Cutter Mackinaw. In August 2008, Manitowoc Marine Division repaired the SS Badger. The SS Badger is like the car ferries that were built by Manitowoc Company before they built 28 submarines for the defense department during World War II. The Manitowoc Company announced in August 2008 a proposal to sell the marine division to Italian shipbuilder Fincantieri. The sale closed on December 31, 2008.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-11-01 | Future report Set alerts | |
Q2 2022 | 2022-08-04 | 0.21 | 0.21 |
Q1 2022 | 2022-05-03 | 0.03 | 0.03 |
Q4 2021 | 2022-02-21 | 0.27 | 0.27 |
Q3 2021 | 2021-11-03 | 0.06 | 0.06 |
Q2 2021 | 2021-08-05 | 0.60 | 0.60 |
Q1 2021 | 2021-05-05 | -0.06 | -0.06 |
Q4 2020 | 2021-02-09 | 0.19 | 0.19 |
Q3 2020 | 2020-11-04 | 0.10 | 0.10 |
Q2 2020 | 2020-08-05 | -0.47 | -0.47 |
2016-05-14 | Reiterated Rating | Citigroup Inc. | Hold | |
2016-05-13 | Boost Price Target | Citigroup Inc. | Neutral | $4.50 to $6.00 |
2016-05-09 | Reiterated Rating | Jefferies Group | Buy | $5.00 to $7.00 |
2016-05-09 | Boost Price Target | Stifel Nicolaus | Buy | $6.00 to $7.00 |
2016-05-08 | Reiterated Rating | Robert W. Baird | Hold | |
2016-05-06 | Upgrade | Seaport Global Securities | Neutral to Buy | $5.00 to $7.00 |
2016-05-05 | Reiterated Rating | Credit Suisse | Hold | $4.24 |
2016-05-05 | Reiterated Rating | Credit Suisse Group AG | Hold | $4.24 |
2016-04-20 | Upgrade | Stifel Nicolaus | Hold to Buy | $6.00 |
2016-04-04 | Downgrade | Credit Suisse | Outperform to Neutral | $5.10 to $4.24 |
2016-04-02 | Reiterated Rating | Citigroup Inc. | Hold | |
2016-03-31 | Boost Price Target | Citigroup Inc. | Neutral | $3.38 to $4.50 |
2016-03-28 | Boost Price Target | Goldman Sachs | $3.25 to $3.75 | |
2016-03-28 | Boost Price Target | Goldman Sachs Group Inc. | $3.25 to $3.75 | |
2016-03-27 | Reiterated Rating | Credit Suisse | Buy | |
2016-03-14 | Lower Price Target | Jefferies Group | $18.50 to $5.50 | |
2016-03-09 | Reiterated Rating | Goldman Sachs | Neutral | $3.25 |
2016-03-08 | Boost Price Target | Barclays | Equal Weight | $4.00 to $14.00 |
2016-03-08 | Boost Price Target | Barclays PLC | Equal Weight | $4.00 to $14.00 |
2016-02-01 | Lower Price Target | Deutsche Bank | Hold | $18.00 to $17.00 |
2016-02-01 | Boost Price Target | Robert W. Baird | Neutral | $15.00 to $16.00 |
2016-02-01 | Reiterated Rating | Jefferies Group | Buy | $17.00 to $18.50 |
2016-02-01 | Lower Price Target | Deutsche Bank AG | Hold | $18.00 to $17.00 |
2016-01-31 | Reiterated Rating | William Blair | Market Perform | $14.00 |
2016-01-29 | Reiterated Rating | Credit Suisse | Buy | $15.50 |
2016-01-20 | Lower Price Target | Jefferies Group | Buy | $21.00 to $17.00 |
2016-01-14 | Lower Price Target | JPMorgan Chase & Co. | $14.50 to $13.00 | |
2016-01-13 | Lower Price Target | Credit Suisse | $17.00 to $15.50 | |
2015-12-03 | Reiterated Rating | RBC Capital | Sector Perform | $23.00 to $20.00 |
2015-12-03 | Reiterated Rating | Citigroup Inc. | Neutral | $20.00 to $22.00 |
2015-12-03 | Reiterated Rating | Royal Bank Of Canada | Sector Perform | $23.00 to $20.00 |
2015-11-13 | Reiterated Rating | Jefferies Group | Buy | $17.50 to $21.00 |
2015-11-03 | Initiated Coverage | SunTrust | Neutral | $16.00 |
2015-11-03 | Initiated Coverage | SunTrust Banks Inc. | Neutral | $16.00 |
2015-11-02 | Lower Price Target | RBC Capital | Sector Perform | $16.00 to $15.00 |
2015-11-01 | Reiterated Rating | Deutsche Bank | Hold | $18.00 |
2015-10-30 | Lower Price Target | Barclays | Equal Weight | $15.00 to $14.00 |
2015-10-21 | Reiterated Rating | Barclays | Equal Weight | $16.00 to $15.00 |
2015-10-21 | Downgrade | Morgan Stanley | Overweight to Equal Weight | $24.00 to $14.00 |
2015-10-15 | Lower Price Target | RBC Capital | Sector Perform | $19.00 to $16.00 |
2015-10-15 | Downgrade | Stifel Nicolaus | Buy to Hold | $23.00 |
2015-10-15 | Downgrade | Robert W. Baird | Outperform to Neutral | $22.00 to $15.00 |
2015-10-09 | Boost Price Target | JPMorgan Chase & Co. | $17.00 to $18.50 | |
2015-10-02 | Lower Price Target | Credit Suisse | Outperform | $22.00 to $17.00 |
2015-09-24 | Initiated Coverage | Barclays | Equal Weight | $16.00 |
2015-08-26 | Reiterated Rating | Jefferies Group | Buy | $22.00 |
2015-08-25 | Reiterated Rating | Deutsche Bank | Hold | $18.00 |
2015-07-31 | Reiterated Rating | Credit Suisse | Buy | $24.00 to $22.00 |
2015-07-31 | Lower Price Target | Deutsche Bank | Hold | $23.00 to $18.00 |
2015-07-31 | Reiterated Rating | Stifel Nicolaus | Buy | $26.00 to $23.00 |
2015-07-30 | Downgrade | BB&T Corp. | Buy to Hold | |
2015-07-27 | Downgrade | Goldman Sachs | Neutral to Sell | $19.00 to $14.00 |
2015-07-07 | Lower Price Target | Robert W. Baird | Outperform | $26.00 to $25.00 |
2015-06-09 | Reiterated Rating | Morgan Stanley | Buy | |
2015-04-24 | Downgrade | RBC Capital | Outperform to Sector Perform | $23.00 to $20.00 |
2015-04-17 | Set Price Target | Credit Suisse | Buy | $24.00 |
2015-02-02 | Reiterated Rating | Citigroup Inc. | Hold | $20.00 to $22.00 |
2015-01-30 | Boost Price Target | Deutsche Bank | Hold | $20.00 to $23.00 |
2015-01-20 | Reiterated Rating | Citigroup Inc. | Hold | $24.00 to $20.00 |
2015-01-20 | Lower Price Target | Barclays | Overweight | $25.00 to $24.00 |
2015-01-16 | Reiterated Rating | Jefferies Group | Buy | $25.00 to $23.00 |
2014-12-30 | Reiterated Rating | William Blair | Market Perform | $20.00 |
2014-12-30 | Initiated Coverage | Credit Suisse | Buy | $27.00 to $22.79 |
2014-12-29 | Downgrade | Needham & Company LLC | Hold | |
2014-12-29 | Upgrade | BB&T Corp. | Hold to Buy | $26.00 |
2014-12-15 | Lower Price Target | Deutsche Bank | Hold | $23.00 to $20.00 |
2014-11-18 | Upgrade | Jefferies Group | Hold to Buy | $23.00 to $25.00 |
2014-11-13 | Initiated Coverage | Citigroup Inc. | Neutral | |
2014-10-29 | Lower Price Target | Stifel Nicolaus | Buy | $37.00 to $30.00 |
2014-10-10 | Downgrade | BB&T Corp. | Buy to Hold | |
2014-10-10 | Reiterated Rating | Barclays | Overweight | $32.00 to $25.00 |
2014-10-10 | Lower Price Target | Deutsche Bank | Hold | $27.00 to $23.00 |
2014-10-10 | Downgrade | BMO Capital Markets | Market Perform to Underperform | $28.00 to $24.00 |
2014-10-08 | Reiterated Rating | Jefferies Group | Hold | $28.00 to $25.00 |
2014-09-23 | Lower Price Target | Stifel Nicolaus | Buy | $39.00 to $37.00 |
2014-08-01 | Lower Price Target | RBC Capital | $34.00 to $33.00 | |
2014-08-01 | Lower Price Target | Global Hunter Securities | $30.00 to $26.00 | |
2014-08-01 | Lower Price Target | Robert W. Baird | $38.00 to $34.00 | |
2014-08-01 | Lower Price Target | Barclays | Overweight | $36.00 to $32.00 |
2014-08-01 | Lower Price Target | Jefferies Group | Hold | $33.00 to $28.00 |
2014-08-01 | Lower Price Target | Seaport Global Securities | $30.00 to $26.00 | |
2014-07-15 | Boost Price Target | Robert W. Baird | $36.00 to $38.00 | |
2014-07-07 | Reiterated Rating | Barclays | Overweight | $32.00 to $36.00 |
2014-06-30 | Reiterated Rating | Credit Suisse | Outperform | $34.00 to $39.00 |
2014-06-27 | Downgrade | BMO Capital Markets | Outperform to Market Perform | $34.00 |
2014-06-27 | Upgrade | Jefferies Group | Underperform to Hold | $24.00 to $33.00 |
2014-06-19 | Initiated Coverage | Global Hunter Securities | Neutral | $30.00 |
2014-06-19 | Initiated Coverage | Seaport Global Securities | Neutral | $30.00 |
2014-05-20 | Reiterated Rating | Morgan Stanley | Overweight | $36.00 |
2014-03-24 | Downgrade | Jefferies Group | Hold to Underperform | $24.00 |
2014-02-20 | Initiated Coverage | Deutsche Bank | Hold | $31.00 |
2014-02-03 | Reiterated | Stifel | Buy | $29 to $33 |
2014-02-03 | Boost Price Target | Barclays | Overweight | $28.00 to $32.00 |
2014-02-03 | Boost Price Target | Stifel Nicolaus | Buy | $29.00 to $33.00 |
2014-02-03 | Downgrade | Longbow Research | Buy to Neutral | $29.00 |
2014-02-03 | Boost Price Target | Robert W. Baird | $30.00 to $34.00 | |
2014-02-03 | Boost Price Target | JPMorgan Chase & Co. | Buy | $24.00 to $26.00 |
2014-01-31 | Boost Price Target | Credit Suisse | $31.00 to $34.00 | |
2014-01-24 | Reiterated Rating | Morgan Stanley | Overweight | $30.00 |
2014-01-13 | Boost Price Target | Barclays | Overweight | $23.00 to $28.00 |
2014-01-08 | Upgrade | Morgan Stanley | Equal Weight to Overweight | $23.00 to $30.00 |
2014-01-07 | Initiated Coverage | Jefferies Group | Hold | |
2014-01-07 | Boost Price Target | Robert W. Baird | $24.00 to $30.00 | |
2013-12-18 | Initiated Coverage | CRT Capital | Buy | $26.00 |
2013-12-09 | Upgrade | Longbow Research | Neutral to Buy | $27.00 |
2013-12-05 | Downgrade | Goldman Sachs | Buy to Neutral | $23.00 to $21.00 |
2013-11-20 | Initiated Coverage | Credit Suisse | Outperform | |
2013-11-07 | Initiated Coverage | Credit Suisse | Outperform | $26.00 |
2013-01-30 | Upgrade | BB&T Capital Mkts | Hold to Buy | $22 |
2012-02-10 | Initiated | BB&T Capital Mkts | Hold | |
2011-11-10 | Reiterated | UBS | Neutral | $10 to $12 |
2011-11-07 | Reiterated | Barclays Capital | Overweight | $14 to $16 |
2011-10-17 | Reiterated | RBC Capital Mkts | Outperform | $27 to $17 |
2011-07-19 | Initiated | William Blair | Mkt Perform | $19 |
2016-05-14 | Reiterated Rating | Citigroup Inc. | Hold | |
2016-05-13 | Boost Price Target | Citigroup Inc. | Neutral | $4.50 to $6.00 |
2016-05-09 | Reiterated Rating | Jefferies Group | Buy | $5.00 to $7.00 |
2016-05-09 | Boost Price Target | Stifel Nicolaus | Buy | $6.00 to $7.00 |
2016-05-08 | Reiterated Rating | Robert W. Baird | Hold |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In MTW 128 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Fund Advisors | 3.88M |
BlackRock Inc. | 3.76M |
BlackRock Institutional Trust Company, N.A. | 3.61M |
DIMENSIONAL FUND ADVISORS LP | 2.29M |
NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION | 2.18M |
Vanguard Group, Inc | 1.92M |
TIAA CREF INVESTMENT MANAGEMENT LLC | 1.41M |
Invesco Ltd. | 1.20M |
STATE STREET CORP | 0.70M |
SCHWAB CHARLES INVESTMENT MANAGEMENT INC | 0.65M |
D. E. Shaw & Co., Inc. | 0.65M |
GEODE CAPITAL MANAGEMENT, LLC | 0.62M |
SCHNEIDER CAPITAL MANAGEMENT CORP | 0.55M |
OPPENHEIMER FUNDS INC | 0.52M |
BlackRock Investment Management, LLC | 0.51M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
TELLOCK GLEN E President and CEO | 0.48% (642895) | ASTE / BMI / MTW / |
PACKARD JAMES L | 0.14% (192035) | CLC / MTW / PLOW / |
LAURINO CARL J SVP and CFO | 0.12% (168619) | MTW / |
JONES MAURICE D SVP, General Counsel and Secre | 0.12% (161913) | MFS / MTW / |
Etchart Eric Sr. Vice President | 0.09% (128333) | ALG / GGG / MTW / WDFC / |
Weyers Lawrence Joseph Senior Vice President | 0.08% (110259) | MTW / |
STIFT ROBERT C | 0.08% (108439) | MTW / |
KACHMER MICHAEL J Senior Vice President | 0.07% (90259) | MTW / |
Hund Robert M. President, Foodservice | 0.05% (67341) | MTW / |
EGNOTOVICH CYNTHIA M | 0.05% (62754) | HXL / MFS / MTW / |
PENNYPACKER BARRY President & CEO | 0.04% (59950) | MTW / |
MUSIAL THOMAS G SVP HR and Administration | 0.04% (50964) | MTW / |
KRUEGER KENNETH W | 0.04% (47866) | AIN / MTW / PLOW / |
NOSBUSCH KEITH D | 0.03% (36980) | MTW / ROK / |
ARMES ROY V | 0.02% (33636) | AGCO / CTB / MTW / |
Ravenscroft Aaron H. Executive Vice President | 0.02% (28456) | MTW / |
Ruck Peter A SVP Business Development | 0.02% (26710) | MTW / |
Raymond Louis F. SV, General Counsel & Secretar | 0.02% (22678) | MTW / |
Myers Charles David | 0.02% (21017) | MTW / |
Condon Donald Marion Jr | 0.02% (20592) | MTW / WLK / |
Nolden Dean J VP Finance & Treasurer | 0.01% (19386) | BYLK / MTW / REVG / |
Chow Joan Kai | 0.01% (16936) | MFS / MTW / |
BOHN ROBERT G | 0.01% (15119) | CSL / MTW / PH / |
LYNN JESSE | 0.01% (14446) | HLF / MTW / |
Pfeifer John Charles | 0.01% (13413) | MTW / |
Cooney Anne M | 0.01% (13413) | MTW / |
ALAPONT JOSE MARIA | 0.01% (13412) | FDML / MTW / NAV / |
Antoniuk David J SVP & Chief Financial Officer | 0.01% (7000) | MTW / |