Legal & General Group Plc Buys New Position in ManpowerGroup Inc. $MAN

Legal & General Group Plc purchased a new position in shares of ManpowerGroup Inc. (NYSE:MAN) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 152,143 shares of the business services provider’s stock, valued at approximately $5,138,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. acquired a new position in shares of ManpowerGroup in the second quarter valued at approximately $265,921,000. AQR Capital Management LLC boosted its position 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 acquiring an additional 1,393,622 shares during the last quarter. Schroder Investment Management Group grew its stake 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 acquiring an additional 443,790 shares during the period. Quantinno Capital Management LP grew its stake 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 acquiring an additional 1,259,752 shares during the period. Finally, State Street Corp raised its holdings in ManpowerGroup by 2.0% in the 4th quarter. State Street Corp now owns 1,616,447 shares of the business services provider’s stock valued at $48,057,000 after acquiring an additional 31,749 shares during the last quarter. 98.03% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Barclays increased their price target on ManpowerGroup from $30.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Monday, July 20th. Truist Financial upped their target price on ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a research note on Friday, July 17th. The Goldman Sachs Group increased their target price on ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th. UBS Group raised their price target on ManpowerGroup from $41.00 to $55.00 and gave the stock a “neutral” rating in a research note on Friday, July 17th. Finally, Weiss Ratings upgraded ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Three research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, ManpowerGroup has an average rating of “Hold” and an average price target of $53.50.

ManpowerGroup Stock Up 1.7%

Shares of NYSE MAN opened at $61.32 on Friday. ManpowerGroup Inc. has a 52-week low of $25.15 and a 52-week high of $63.88. The firm has a fifty day moving average of $51.54 and a 200-day moving average of $37.24. The stock has a market capitalization of $2.85 billion, a PE ratio of 27.87, a P/E/G ratio of 2.38 and a beta of 0.70. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.27.

ManpowerGroup (NYSE:MAN) last issued its earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share for the quarter, topping 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 business had revenue of $4.86 billion for the quarter, compared to analyst estimates of $4.72 billion. During the same period last year, the company posted ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, analysts anticipate that ManpowerGroup Inc. will post 3.62 EPS for the current 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.