ManpowerGroup (NYSE:MAN) Downgraded to “Hold” Rating by Wall Street Zen

Wall Street Zen downgraded shares of ManpowerGroup (NYSE:MAN) from a buy rating to a hold rating in a research note published on Saturday.

MAN has been the topic of a number of other research reports. Truist Financial decreased their price objective on shares of ManpowerGroup from $38.00 to $34.00 and set a “hold” rating on the stock in a report on Friday, April 17th. Robert W. Baird reduced their price target on shares of ManpowerGroup from $50.00 to $45.00 and set an “outperform” rating on the stock in a report on Friday, April 17th. The Goldman Sachs Group reiterated a “neutral” rating on shares of ManpowerGroup in a research report on Friday, April 17th. Argus raised shares of ManpowerGroup from a “hold” rating to a “buy” rating and set a $42.00 price objective for the company in a research note on Tuesday, February 3rd. Finally, UBS Group lifted their price objective on ManpowerGroup from $29.00 to $33.00 and gave the stock a “neutral” rating in a research report on Friday, April 17th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, ManpowerGroup currently has an average rating of “Hold” and an average target price of $37.50.

ManpowerGroup Stock Down 0.0%

MAN stock opened at $25.94 on Friday. The company has a market cap of $1.21 billion, a P/E ratio of -70.09 and a beta of 0.74. ManpowerGroup has a 52 week low of $25.15 and a 52 week high of $47.33. The company’s 50-day moving average price is $28.71 and its 200 day moving average price is $29.41. The company has a current ratio of 1.12, a quick ratio of 1.11 and a debt-to-equity ratio of 0.50.

ManpowerGroup (NYSE:MAN) last released its quarterly earnings data on Thursday, April 16th. The business services provider reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.01. The firm had revenue of $4.51 billion for the quarter, compared to the consensus estimate of $4.41 billion. ManpowerGroup had a negative net margin of 0.09% and a positive return on equity of 7.01%. The firm’s revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.44 earnings per share. ManpowerGroup has set its Q2 2026 guidance at 0.910-1.050 EPS. On average, research analysts expect that ManpowerGroup will post 3.66 earnings per share for the current fiscal year.

ManpowerGroup Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a $0.72 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a yield of 483.0%. ManpowerGroup’s dividend payout ratio is presently -389.19%.

Institutional Investors Weigh In On ManpowerGroup

A number of institutional investors and hedge funds have recently bought and sold shares of MAN. Quarry LP acquired a new position in shares of ManpowerGroup in the third quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of ManpowerGroup in the third quarter valued at approximately $30,000. Fifth Third Bancorp raised its position in shares of ManpowerGroup by 637.7% in the fourth quarter. Fifth Third Bancorp now owns 1,114 shares of the business services provider’s stock valued at $33,000 after buying an additional 963 shares during the last quarter. UMB Bank n.a. raised its position in shares of ManpowerGroup by 122.2% in the third quarter. UMB Bank n.a. now owns 991 shares of the business services provider’s stock valued at $38,000 after buying an additional 545 shares during the last quarter. Finally, Clearstead Advisors LLC raised its position in shares of ManpowerGroup by 238.7% in the third quarter. Clearstead Advisors LLC now owns 1,050 shares of the business services provider’s stock valued at $40,000 after buying an additional 740 shares during the last quarter. Hedge funds and other institutional investors own 98.03% of the company’s stock.

ManpowerGroup Company Profile

ManpowerGroup (NYSE: MAN) is a global leader in workforce solutions, offering a broad spectrum of staffing and talent management services. Founded in 1948 and headquartered in Milwaukee, Wisconsin, the company has grown from a temporary staffing firm to a diversified provider of workforce consultancy, recruitment, and outsourcing services. ManpowerGroup is publicly traded on the New York Stock Exchange under the ticker MAN.

The company’s service offerings are organized into four principal brands.