ManpowerGroup (NYSE:MAN) Sets New 52-Week High – Should You Buy?

ManpowerGroup Inc. (NYSE:MAN) reached a new 52-week high during trading on Tuesday . The company traded as high as $56.29 and last traded at $56.1030, with a volume of 159328 shares changing hands. The stock had previously closed at $53.67.

Analyst Ratings Changes

Several equities research analysts recently weighed in on MAN shares. The Goldman Sachs Group boosted their price target on shares of ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th. Barclays lifted their price objective on shares of ManpowerGroup from $30.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Monday, July 20th. BMO Capital Markets upped their target price on shares of ManpowerGroup from $49.00 to $63.00 and gave the company an “outperform” rating in a research report on Friday, July 17th. UBS Group lifted their price target on ManpowerGroup from $41.00 to $55.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th. Finally, Robert W. Baird upped their price objective on ManpowerGroup from $45.00 to $72.00 and gave the company an “outperform” rating in a research report on Friday, July 17th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, ManpowerGroup presently has an average rating of “Hold” and a consensus price target of $53.50.

ManpowerGroup Trading Up 3.8%

The firm has a market cap of $2.59 billion, a PE ratio of 25.32 and a beta of 0.73. The company has a quick ratio of 1.12, a current ratio of 1.04 and a debt-to-equity ratio of 0.27. The company’s 50 day moving average price is $36.68 and its two-hundred day moving average price is $32.05.

ManpowerGroup (NYSE:MAN) last released its quarterly earnings results on Thursday, July 16th. The business services provider reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.96 by $0.03. The firm had revenue of $4.86 billion during the quarter, compared to analysts’ expectations of $4.72 billion. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. During the same period in the previous year, the company earned ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. As a group, sell-side analysts forecast that ManpowerGroup Inc. will post 3.62 EPS for the current year.

ManpowerGroup Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a dividend of $0.72 per share. This represents a dividend yield of 437.0%. The ex-dividend date was Monday, June 1st. ManpowerGroup’s payout ratio is 65.45%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Quarry LP purchased a new stake in shares of ManpowerGroup in the third quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd purchased a new position in ManpowerGroup during the 3rd quarter valued at $30,000. Fifth Third Bancorp grew its position in ManpowerGroup by 637.7% in the 4th quarter. Fifth Third Bancorp now owns 1,114 shares of the business services provider’s stock valued at $33,000 after acquiring an additional 963 shares during the last quarter. Allworth Financial LP grew its position in ManpowerGroup by 69.3% in the 3rd quarter. Allworth Financial LP now owns 1,121 shares of the business services provider’s stock valued at $42,000 after acquiring an additional 459 shares during the last quarter. Finally, Elevation Wealth Partners LLC grew its position in ManpowerGroup by 2,007.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider’s stock valued at $38,000 after acquiring an additional 1,084 shares during the last quarter. Institutional investors own 98.03% of the company’s stock.

About ManpowerGroup

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.