ManpowerGroup (NYSE:MAN) Stock Passes Above 200-Day Moving Average – Here’s Why

ManpowerGroup Inc. (NYSE:MAN) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $29.29 and traded as high as $29.67. ManpowerGroup shares last traded at $29.3350, with a volume of 707,254 shares trading hands.

Analyst Upgrades and Downgrades

MAN has been the subject of several recent analyst reports. Barclays reduced their price objective on shares of ManpowerGroup from $35.00 to $30.00 and set an “equal weight” rating for the company in a research note on Monday, April 13th. Truist Financial reduced their target price on ManpowerGroup from $38.00 to $34.00 and set a “hold” rating for the company in a research report on Friday, April 17th. Weiss Ratings restated a “sell (d)” rating on shares of ManpowerGroup in a research report on Friday, March 27th. Robert W. Baird reduced their target price on ManpowerGroup from $50.00 to $45.00 and set an “outperform” rating for the company in a research report on Friday, April 17th. Finally, Argus raised shares of ManpowerGroup from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a research note on Tuesday, February 3rd. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, ManpowerGroup presently has a consensus rating of “Hold” and an average price target of $37.50.

ManpowerGroup Price Performance

The business has a fifty day moving average price of $28.81 and a 200-day moving average price of $29.28. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $1.34 billion, a PE ratio of -77.65 and a beta of 0.74.

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

ManpowerGroup Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, June 15th. Stockholders 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 dividend yield of 483.0%. ManpowerGroup’s dividend payout ratio is -389.19%.

Institutional Investors Weigh In On ManpowerGroup

A number of institutional investors have recently made changes to their positions in MAN. AQR Capital Management LLC boosted its stake in shares of ManpowerGroup by 60.3% in the 3rd quarter. AQR Capital Management LLC now owns 3,704,326 shares of the business services provider’s stock valued at $140,394,000 after purchasing an additional 1,393,622 shares in the last quarter. Quantinno Capital Management LP boosted its position in ManpowerGroup by 235.8% during the 1st quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider’s stock valued at $52,850,000 after buying an additional 1,259,752 shares during the period. Alberta Investment Management Corp boosted its position in ManpowerGroup by 772.9% during the 3rd quarter. Alberta Investment Management Corp now owns 1,059,100 shares of the business services provider’s stock valued at $40,140,000 after buying an additional 937,771 shares during the period. Balyasny Asset Management L.P. boosted its position in ManpowerGroup by 696.9% during the 2nd quarter. Balyasny Asset Management L.P. now owns 991,063 shares of the business services provider’s stock valued at $40,039,000 after buying an additional 866,693 shares during the period. Finally, Millennium Management LLC boosted its position in ManpowerGroup by 77.3% during the 4th quarter. Millennium Management LLC now owns 1,525,936 shares of the business services provider’s stock valued at $45,366,000 after buying an additional 665,135 shares during the period. 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.