Universal Beteiligungs und Servicegesellschaft mbH lowered its position in ManpowerGroup Inc. (NYSE:MAN – Free Report) by 4.7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 53,706 shares of the business services provider’s stock after selling 2,624 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in ManpowerGroup were worth $2,170,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also bought and sold shares of MAN. Brickwood Asset Management LLP bought a new stake in shares of ManpowerGroup during the 2nd quarter valued at about $29,649,000. Invesco Ltd. boosted its holdings in shares of ManpowerGroup by 36.1% in the first quarter. Invesco Ltd. now owns 2,608,221 shares of the business services provider’s stock worth $150,964,000 after buying an additional 691,678 shares during the last quarter. Amundi grew its position in ManpowerGroup by 313.0% during the first quarter. Amundi now owns 465,781 shares of the business services provider’s stock valued at $25,441,000 after buying an additional 353,009 shares during the period. Point72 Europe London LLP purchased a new stake in ManpowerGroup during the first quarter valued at approximately $19,784,000. Finally, KLCM Advisors Inc. increased its holdings in ManpowerGroup by 78.9% during the second quarter. KLCM Advisors Inc. now owns 548,108 shares of the business services provider’s stock valued at $22,144,000 after buying an additional 241,679 shares during the last quarter. 98.03% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research firms have issued reports on MAN. JPMorgan Chase & Co. cut their price target on ManpowerGroup from $52.00 to $42.00 and set a “neutral” rating for the company in a report on Monday, October 20th. Truist Financial lowered their price target on ManpowerGroup from $48.00 to $44.00 and set a “hold” rating on the stock in a report on Monday, October 13th. Weiss Ratings reiterated a “sell (d)” rating on shares of ManpowerGroup in a research note on Wednesday, November 19th. The Goldman Sachs Group decreased their target price on ManpowerGroup from $33.00 to $29.00 and set a “sell” rating on the stock in a research report on Friday. Finally, Barclays cut their price target on ManpowerGroup from $50.00 to $42.00 and set an “equal weight” rating for the company in a report on Friday, October 17th. Five equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, ManpowerGroup has a consensus rating of “Reduce” and an average price target of $40.67.
ManpowerGroup Stock Performance
ManpowerGroup stock opened at $27.47 on Tuesday. ManpowerGroup Inc. has a 1-year low of $26.14 and a 1-year high of $65.17. The company’s 50-day moving average is $33.84 and its 200 day moving average is $38.99. The firm has a market capitalization of $1.27 billion, a P/E ratio of -58.45 and a beta of 1.06. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.00 and a quick ratio of 0.98.
ManpowerGroup (NYSE:MAN – Get Free Report) last issued its quarterly earnings results on Thursday, October 16th. The business services provider reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.02. ManpowerGroup had a positive return on equity of 7.02% and a negative net margin of 0.12%.The firm had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.60 billion. During the same period in the prior year, the business posted $1.29 earnings per share. The company’s revenue for the quarter was up 2.3% on a year-over-year basis. ManpowerGroup has set its Q4 2025 guidance at 0.780-0.88 EPS. Research analysts forecast that ManpowerGroup Inc. will post 4.23 EPS for the current year.
ManpowerGroup Dividend Announcement
The business also recently announced a dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be paid a dividend of $0.72 per share. This represents a dividend yield of 521.0%. The ex-dividend date of this dividend is Monday, December 1st. ManpowerGroup’s payout ratio is currently -306.38%.
About ManpowerGroup
ManpowerGroup Inc provides workforce solutions and services worldwide. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career and talent management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives.
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