EP Wealth Advisors LLC Buys New Position in ManpowerGroup Inc. $MAN

EP Wealth Advisors LLC bought a new stake in shares of ManpowerGroup Inc. (NYSE:MAN) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 10,976 shares of the business services provider’s stock, valued at approximately $371,000.

Several other institutional investors have also added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in shares of ManpowerGroup during the 2nd quarter valued at $265,921,000. AQR Capital Management LLC increased 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 worth $140,394,000 after purchasing an additional 1,393,622 shares in the last quarter. Schroder Investment Management Group raised its holdings in ManpowerGroup by 24.6% in the 4th quarter. Schroder Investment Management Group now owns 2,247,476 shares of the business services provider’s stock worth $66,817,000 after purchasing an additional 443,790 shares during the period. Quantinno Capital Management LP raised its holdings in ManpowerGroup by 235.8% in the 1st quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider’s stock worth $52,850,000 after purchasing an additional 1,259,752 shares during the period. Finally, State Street Corp lifted its position in ManpowerGroup by 2.0% during the fourth quarter. State Street Corp now owns 1,616,447 shares of the business services provider’s stock valued at $48,057,000 after purchasing an additional 31,749 shares in the last quarter. 98.03% of the stock is currently owned by institutional investors.

ManpowerGroup Trading Up 1.3%

Shares of MAN stock opened at $62.16 on Wednesday. ManpowerGroup Inc. has a 52-week low of $25.15 and a 52-week high of $62.96. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.04 and a current ratio of 1.04. The firm has a market capitalization of $2.89 billion, a PE ratio of 28.25 and a beta of 0.67. The stock has a fifty day simple moving average of $47.53 and a two-hundred day simple moving average of $35.82.

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on MAN shares. Truist Financial boosted their price target on ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a report on Friday, July 17th. Weiss Ratings raised ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. The Goldman Sachs Group lifted their price objective on ManpowerGroup from $36.00 to $57.00 and gave the company a “neutral” rating in a research report on Friday, July 17th. Wall Street Zen upgraded ManpowerGroup from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Finally, Robert W. Baird increased their target price on shares of ManpowerGroup from $45.00 to $72.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $53.50.

ManpowerGroup 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.