51,625 ManpowerGroup Inc. $MAN Shares Sold by M&G PLC

M&G PLC decreased its position in ManpowerGroup Inc. (NYSE:MAN) by 25.6% in the third quarter, Holdings Channel reports. The firm owned 149,822 shares of the business services provider’s stock after selling 51,625 shares during the period. M&G PLC’s holdings in ManpowerGroup were worth $8,390,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of MAN. BlackRock Inc. bought a new position in ManpowerGroup in the second quarter worth approximately $265,921,000. Quantinno Capital Management LP raised 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 purchasing an additional 1,259,752 shares in the last quarter. Alberta Investment Management Corp bought a new stake in ManpowerGroup during the 2nd quarter valued at $33,702,000. Wellington Management Group LLP purchased a new stake in shares of ManpowerGroup in the 2nd quarter worth $25,709,000. Finally, RBF Capital LLC lifted its holdings in shares of ManpowerGroup by 1.0% in the 1st quarter. RBF Capital LLC now owns 475,017 shares of the business services provider’s stock worth $13,994,000 after buying an additional 4,934 shares during the period. Hedge funds and other institutional investors own 98.03% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on MAN. The Goldman Sachs Group dropped their price target on ManpowerGroup from $57.00 to $50.00 and set a “neutral” rating on the stock in a research report on Thursday, October 15th. Truist Financial lifted their price objective on ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a report on Friday, July 17th. Barclays upped 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. Zacks Research cut shares of ManpowerGroup from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 20th. Finally, BNP Paribas Exane cut shares of ManpowerGroup from an “outperform” rating to a “neutral” rating and set a $52.50 target price on the stock. in a report on Tuesday, November 3rd. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $51.39.

ManpowerGroup Stock Performance

Shares of MAN stock opened at $45.95 on Wednesday. The firm has a market cap of $2.14 billion, a price-to-earnings ratio of 18.16, a PEG ratio of 1.77 and a beta of 0.78. The company’s 50 day moving average is $52.15 and its 200 day moving average is $40.40. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.26. ManpowerGroup Inc. has a 52-week low of $25.15 and a 52-week high of $63.88.

ManpowerGroup (NYSE:MAN) last issued its quarterly earnings data on Thursday, October 15th. The business services provider reported $1.01 EPS for the quarter, hitting analysts’ consensus estimates of $1.01. The company had revenue of $4.84 billion during the quarter, compared to the consensus estimate of $4.86 billion. ManpowerGroup had a net margin of 0.64% and a return on equity of 7.78%. ManpowerGroup’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.83 earnings per share. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS. On average, sell-side analysts anticipate that ManpowerGroup Inc. will post 3.60 EPS for the current fiscal year.

ManpowerGroup Dividend Announcement

The business also recently declared a dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be issued a $0.72 dividend. The ex-dividend date is Tuesday, December 1st. This represents a dividend yield of 313.0%. ManpowerGroup’s dividend payout ratio (DPR) is currently 56.92%.

ManpowerGroup Profile

ManpowerGroup Inc. is a global workforce solutions company that helps organizations find, manage and develop talent. Its services include permanent and temporary recruitment, staffing, workforce management, outsourcing and career-transition support. The company operates through brands including Manpower, Experis and Talent Solutions. These businesses serve employers and job seekers across a range of industries, offering services from general staffing and professional recruitment to technology talent and workforce development.