Watershed Asset Management L.L.C. Invests $514,000 in ManpowerGroup Inc. $MAN

Posted by Andrew Walz on Jul 18th, 2026

Watershed Asset Management L.L.C. purchased a new stake in ManpowerGroup Inc. (NYSE:MAN – Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 17,458 shares of the business services provider’s stock, valued at approximately $514,000. ManpowerGroup makes up about 0.5% of Watershed Asset Management L.L.C.’s investment portfolio, making the stock its 21st biggest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. AQR Capital Management LLC boosted its holdings in ManpowerGroup by 60.3% during the third quarter. AQR Capital Management LLC now owns 3,704,326 shares of the business services provider’s stock worth $140,394,000 after buying an additional 1,393,622 shares in the last quarter. Schroder Investment Management Group grew its position in ManpowerGroup by 24.6% during the fourth quarter. Schroder Investment Management Group now owns 2,247,476 shares of the business services provider’s stock worth $66,817,000 after buying an additional 443,790 shares during the period. State Street Corp increased its holdings in ManpowerGroup by 2.0% in 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 buying an additional 31,749 shares in the last quarter. Millennium Management LLC increased its holdings in ManpowerGroup by 77.3% in the fourth quarter. Millennium Management LLC now owns 1,525,936 shares of the business services provider’s stock valued at $45,366,000 after buying an additional 665,135 shares in the last quarter. Finally, Franklin Resources Inc. increased its holdings in ManpowerGroup by 24.2% in the fourth quarter. Franklin Resources Inc. now owns 1,007,850 shares of the business services provider’s stock valued at $29,963,000 after buying an additional 196,506 shares in the last quarter. Institutional investors and hedge funds own 98.03% of the company’s stock.

ManpowerGroup Stock Performance

Shares of MAN opened at $52.31 on Friday. The company has a current ratio of 1.04, a quick ratio of 1.12 and a debt-to-equity ratio of 0.27. The stock has a market cap of $2.43 billion, a P/E ratio of 23.78 and a beta of 0.73. The company has a 50-day moving average of $33.71 and a two-hundred day moving average of $31.12. ManpowerGroup Inc. has a 12-month low of $25.15 and a 12-month high of $55.70.

ManpowerGroup (NYSE:MAN – Get Free Report) last announced its quarterly earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.03. The company had revenue of $4.86 billion for the quarter, compared to the consensus estimate of $4.72 billion. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. During the same quarter in the prior year, the firm earned ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. As a group, research analysts predict that ManpowerGroup Inc. will post 3.66 EPS for the current fiscal year.

ManpowerGroup Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a $0.72 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a yield of 437.0%. ManpowerGroup’s dividend payout ratio is presently -389.19%.

Trending Headlines about ManpowerGroup

Here are the key news stories impacting ManpowerGroup this week:

Positive Sentiment: ManpowerGroup reported Q2 EPS of $0.99, topping estimates of $0.96, while revenue of about $4.86 billion also beat expectations. Results improved year over year, helped by stronger demand across multiple regions and tighter cost control. ManpowerGroup Reports 2nd Quarter 2026 Results
Positive Sentiment: The company guided Q3 EPS to $0.96-$1.06, which brackets or slightly exceeds Street expectations, reinforcing confidence that recent operating momentum can continue. ManpowerGroup forecasts Q3 EPS of $0.96-$1.06 as it targets $200M in 2028 cost savings
Positive Sentiment: Analysts raised price targets after the beat, including Robert W. Baird boosting its target to $72 from $45 and maintaining an outperform rating, signaling improved Wall Street sentiment. ManpowerGroup Analysts Boost Their Forecasts After Strong Q2 Results
Neutral Sentiment: Truist also raised its target to $50 from $34 but kept a hold rating, suggesting the stock may be fairly valued after the rally even as expectations improve. Benzinga/The Fly report on Truist price target update

Analyst Upgrades and Downgrades

Several brokerages have recently commented on MAN. The Goldman Sachs Group boosted their price target on ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a research note on Friday. Barclays dropped their price objective on ManpowerGroup from $35.00 to $30.00 and set an “equal weight” rating for the company in a research note on Monday, April 13th. UBS Group lifted their price objective on ManpowerGroup from $41.00 to $55.00 and gave the stock a “neutral” rating in a report on Friday. BMO Capital Markets boosted their target price on ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, Wall Street Zen lowered ManpowerGroup from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $51.38.

Check Out Our Latest Research Report on ManpowerGroup

About ManpowerGroup

(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.