ManpowerGroup (NYSE:MAN) Trading Down 5.7% – What’s Next?

ManpowerGroup Inc. (NYSE:MAN)’s share price was down 5.7% during mid-day trading on Tuesday . The company traded as low as $34.15 and last traded at $33.86. 79,291 shares traded hands during trading, a decline of 93% from the average daily volume of 1,218,414 shares. The stock had previously closed at $35.92.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Truist Financial lowered their price objective on shares of ManpowerGroup from $38.00 to $34.00 and set a “hold” rating for the company in a research note on Friday, April 17th. The Goldman Sachs Group restated a “neutral” rating on shares of ManpowerGroup in a report on Friday, April 17th. Wall Street Zen downgraded shares of ManpowerGroup from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Weiss Ratings reiterated a “sell (d)” rating on shares of ManpowerGroup in a report on Wednesday, June 24th. Finally, Barclays cut their price objective on shares of ManpowerGroup from $35.00 to $30.00 and set an “equal weight” rating on the stock in a research report on Monday, April 13th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $37.50.

ManpowerGroup Price Performance

The stock has a market capitalization of $1.57 billion, a P/E ratio of -91.13 and a beta of 0.75. The business’s 50 day simple moving average is $30.97 and its two-hundred day simple moving average is $30.06. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.50.

ManpowerGroup (NYSE:MAN) last posted its earnings results on Thursday, April 16th. The business services provider reported $0.51 EPS for the quarter, topping the consensus estimate of $0.50 by $0.01. The company had revenue of $4.51 billion during 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 for the quarter was up 10.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.44 earnings per share. ManpowerGroup has set its Q2 2026 guidance at 0.910-1.050 EPS. As a group, sell-side analysts forecast that ManpowerGroup Inc. will post 3.66 earnings per share for the current fiscal year.

ManpowerGroup Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a dividend of $0.72 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a dividend yield of 437.0%. ManpowerGroup’s payout ratio is presently -389.19%.

Institutional Investors Weigh In On ManpowerGroup

Institutional investors and hedge funds have recently bought and sold shares of the stock. Nordea Investment Management AB raised its holdings in shares of ManpowerGroup by 74.1% in the fourth quarter. Nordea Investment Management AB now owns 151,563 shares of the business services provider’s stock valued at $4,561,000 after purchasing an additional 64,502 shares during the last quarter. Barclays PLC boosted its holdings in ManpowerGroup by 26.2% during the third quarter. Barclays PLC now owns 584,199 shares of the business services provider’s stock worth $22,141,000 after purchasing an additional 121,257 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its holdings in ManpowerGroup by 52.0% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 77,557 shares of the business services provider’s stock worth $2,306,000 after purchasing an additional 26,536 shares during the last quarter. Azarias Capital Management L.P. boosted its holdings in ManpowerGroup by 40.9% during the fourth quarter. Azarias Capital Management L.P. now owns 289,883 shares of the business services provider’s stock worth $8,618,000 after purchasing an additional 84,152 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in ManpowerGroup in the 4th quarter worth about $714,000. 98.03% of the stock is owned by hedge funds and other institutional investors.

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.