Syon Capital LLC Raises Stake in ManpowerGroup Inc. $MAN

Syon Capital LLC increased its stake in shares of ManpowerGroup Inc. (NYSE:MAN) by 113.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,826 shares of the business services provider’s stock after buying an additional 9,493 shares during the period. Syon Capital LLC’s holdings in ManpowerGroup were worth $602,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Y Intercept Hong Kong Ltd increased its stake in shares of ManpowerGroup by 910.7% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 128,816 shares of the business services provider’s stock worth $3,795,000 after purchasing an additional 116,071 shares during the last quarter. Renaissance Technologies LLC bought a new position in ManpowerGroup during the first quarter valued at $1,180,000. Assenagon Asset Management S.A. bought a new position in ManpowerGroup during the second quarter valued at $4,323,000. Hsbc Holdings PLC increased its position in ManpowerGroup by 53.3% in the first quarter. Hsbc Holdings PLC now owns 55,257 shares of the business services provider’s stock worth $1,632,000 after buying an additional 19,205 shares during the last quarter. Finally, First Trust Advisors LP increased its position in ManpowerGroup by 291.3% in the first quarter. First Trust Advisors LP now owns 112,648 shares of the business services provider’s stock worth $3,319,000 after buying an additional 83,858 shares during the last quarter. 98.03% of the stock is currently owned by hedge funds and other institutional investors.

ManpowerGroup Trading Down 0.1%

Shares of MAN opened at $61.92 on Tuesday. ManpowerGroup Inc. has a twelve month low of $25.15 and a twelve month high of $63.88. The stock has a market cap of $2.88 billion, a PE ratio of 28.15, a P/E/G ratio of 2.45 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. The business’s 50-day moving average price is $52.57 and its 200-day moving average price is $37.71.

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

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Barclays upped their price target on ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a research report on Monday, July 20th. BMO Capital Markets boosted their price objective on ManpowerGroup from $49.00 to $63.00 and gave the company an “outperform” rating in a research note on Friday, July 17th. UBS Group upped their price objective on shares of ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a report on Friday, July 17th. Truist Financial increased their target price on shares of ManpowerGroup from $34.00 to $50.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. Finally, Wall Street Zen cut shares of ManpowerGroup from a “buy” rating to a “hold” rating in a research note on Saturday. 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 has a consensus rating of “Hold” and an average target price of $53.50.

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.