Pzena Investment Management LLC Takes Position in ManpowerGroup Inc. $MAN

Pzena Investment Management LLC bought a new position in ManpowerGroup Inc. (NYSE:MANFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 351,121 shares of the business services provider’s stock, valued at approximately $11,857,000. Pzena Investment Management LLC owned 0.75% of ManpowerGroup as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Quarry LP purchased a new stake in ManpowerGroup in the 3rd quarter worth about $25,000. Global Retirement Partners LLC purchased a new position in ManpowerGroup during the 2nd quarter valued at about $30,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of ManpowerGroup in the third quarter worth approximately $30,000. Fifth Third Bancorp lifted 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 worth $33,000 after purchasing an additional 963 shares in the last quarter. Finally, Elevation Wealth Partners LLC boosted its holdings in shares of ManpowerGroup by 2,007.4% during the second quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider’s stock worth $38,000 after purchasing an additional 1,084 shares during the period. Hedge funds and other institutional investors own 98.03% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on MAN. Wall Street Zen upgraded shares of ManpowerGroup from a “hold” rating to a “buy” rating in a research note on Saturday. UBS Group lifted their target price on shares of ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a research note on Friday, July 17th. Weiss Ratings upgraded shares of ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Barclays upped their price target 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. Finally, BMO Capital Markets increased their price objective on ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Three equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $53.50.

Check Out Our Latest Stock Analysis on ManpowerGroup

ManpowerGroup Trading Down 2.7%

NYSE:MAN opened at $56.72 on Tuesday. The company has a market capitalization of $2.64 billion, a P/E ratio of 25.78 and a beta of 0.67. The stock’s 50 day moving average price is $44.27 and its 200 day moving average price is $34.71. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.04 and a current ratio of 1.04. ManpowerGroup Inc. has a 52 week low of $25.15 and a 52 week high of $59.86.

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

ManpowerGroup Profile

(Free Report)

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.

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Institutional Ownership by Quarter for ManpowerGroup (NYSE:MAN)

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