ManpowerGroup (NYSE:MAN) Trading 6.3% Higher – Here’s Why

ManpowerGroup Inc. (NYSE:MAN)’s stock price traded up 6.3% on Monday . The stock traded as high as $27.78 and last traded at $27.6010. 144,316 shares traded hands during trading, a decline of 88% from the average session volume of 1,249,642 shares. The stock had previously closed at $25.97.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Barclays dropped their target price 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. Robert W. Baird dropped their price target on ManpowerGroup from $50.00 to $45.00 and set an “outperform” rating on the stock in a research note on Friday, April 17th. Truist Financial dropped their price target on ManpowerGroup from $38.00 to $34.00 and set a “hold” rating on the stock in a research note on Friday, April 17th. Argus upgraded ManpowerGroup from a “hold” rating to a “buy” rating and set a $42.00 price target on the stock in a research note on Tuesday, February 3rd. Finally, UBS Group upped their price objective on shares of ManpowerGroup from $29.00 to $33.00 and gave the company a “neutral” rating in a report on Friday, April 17th. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $37.50.

ManpowerGroup Stock Up 6.9%

The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.50. The stock has a market cap of $1.29 billion, a PE ratio of -75.07 and a beta of 0.74. The business has a 50 day moving average price of $28.71 and a 200 day moving average price of $29.39.

ManpowerGroup (NYSE:MAN) last announced its quarterly earnings results on Thursday, April 16th. The business services provider reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.01. The firm had revenue of $4.51 billion for 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 quarterly revenue was up 10.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.44 earnings per share. ManpowerGroup has set its Q2 2026 guidance at 0.910-1.050 EPS. Equities research analysts expect that ManpowerGroup Inc. will post 3.66 EPS for the current fiscal year.

ManpowerGroup Dividend Announcement

The firm also recently announced a dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be given a dividend of $0.72 per share. The ex-dividend date is Monday, June 1st. This represents a dividend yield of 483.0%. ManpowerGroup’s dividend payout ratio (DPR) is -389.19%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Quarry LP purchased a new position in ManpowerGroup during the third quarter valued at $25,000. Caitong International Asset Management Co. Ltd purchased a new position in ManpowerGroup during the third quarter valued at $30,000. Fifth Third Bancorp lifted its holdings in ManpowerGroup by 637.7% during the fourth quarter. Fifth Third Bancorp now owns 1,114 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 963 shares in the last quarter. UMB Bank n.a. lifted its holdings in ManpowerGroup by 122.2% during the third quarter. UMB Bank n.a. now owns 991 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 545 shares in the last quarter. Finally, Clearstead Advisors LLC lifted its holdings in ManpowerGroup by 238.7% during the third quarter. Clearstead Advisors LLC now owns 1,050 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 740 shares in the last quarter. Hedge funds and other institutional investors own 98.03% of the company’s stock.

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.