Man Group plc Makes New Investment in ManpowerGroup Inc. $MAN

Man Group plc acquired a new stake in shares of ManpowerGroup Inc. (NYSE:MAN) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 161,734 shares of the business services provider’s stock, valued at approximately $5,462,000.

A number of other hedge funds have also recently modified their holdings of the company. Quarry LP acquired a new position in shares of ManpowerGroup in the 3rd quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd acquired a new position in ManpowerGroup during the third quarter worth approximately $30,000. Global Retirement Partners LLC purchased a new stake in shares of ManpowerGroup in the second quarter valued at about $30,000. Fifth Third Bancorp raised its position in ManpowerGroup by 637.7% during the 4th quarter. Fifth Third Bancorp now owns 1,114 shares of the business services provider’s stock worth $33,000 after buying an additional 963 shares during the last quarter. Finally, Elevation Wealth Partners LLC boosted its holdings in ManpowerGroup by 2,007.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 1,084 shares in the last quarter. Hedge funds and other institutional investors own 98.03% of the company’s stock.

Wall Street Analysts Forecast Growth

MAN has been the subject of a number of research reports. The Goldman Sachs Group lifted their target price on shares of ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th. Barclays increased their price target on ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a report on Monday, July 20th. Weiss Ratings raised ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Robert W. Baird upped their price objective on ManpowerGroup from $45.00 to $72.00 and gave the company an “outperform” rating in a research note on Friday, July 17th. Finally, UBS Group raised their price target on ManpowerGroup from $41.00 to $55.00 and gave the stock a “neutral” rating in a report on Friday, July 17th. Three analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $53.50.

ManpowerGroup Stock Up 0.5%

ManpowerGroup stock opened at $62.53 on Friday. The firm’s fifty day simple moving average is $49.23 and its 200-day simple moving average is $36.36. ManpowerGroup Inc. has a 1-year low of $25.15 and a 1-year high of $63.88. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $2.91 billion, a P/E ratio of 28.42 and a beta of 0.67.

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

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.