ManpowerGroup Inc. $MAN Shares Sold by Entropy Technologies LP

Entropy Technologies LP reduced its position in ManpowerGroup Inc. (NYSE:MAN) by 15.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,550 shares of the business services provider’s stock after selling 1,974 shares during the period. Entropy Technologies LP’s holdings in ManpowerGroup were worth $426,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its holdings in ManpowerGroup by 42.7% in the first quarter. Envestnet Asset Management Inc. now owns 14,057 shares of the business services provider’s stock valued at $814,000 after purchasing an additional 4,207 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of ManpowerGroup by 16.6% in the 1st quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 56,330 shares of the business services provider’s stock worth $3,260,000 after buying an additional 8,000 shares in the last quarter. Cetera Investment Advisers grew its stake in ManpowerGroup by 16.5% in the 1st quarter. Cetera Investment Advisers now owns 9,748 shares of the business services provider’s stock valued at $564,000 after acquiring an additional 1,381 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in ManpowerGroup by 8.8% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,291 shares of the business services provider’s stock valued at $654,000 after acquiring an additional 916 shares in the last quarter. Finally, XTX Topco Ltd increased its holdings in ManpowerGroup by 78.2% during the 1st quarter. XTX Topco Ltd now owns 32,738 shares of the business services provider’s stock valued at $1,895,000 after acquiring an additional 14,363 shares in the last quarter. 98.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have issued reports on MAN shares. The Goldman Sachs Group reduced their price target on shares of ManpowerGroup from $33.00 to $29.00 and set a “sell” rating on the stock in a report on Friday. UBS Group reduced their price objective on ManpowerGroup from $40.00 to $39.00 and set a “neutral” rating on the stock in a research report on Friday, October 17th. Truist Financial decreased their target price on shares of ManpowerGroup from $48.00 to $44.00 and set a “hold” rating on the stock in a research report on Monday, October 13th. JPMorgan Chase & Co. decreased their price target on ManpowerGroup from $52.00 to $42.00 and set a “neutral” rating on the stock in a research note on Monday, October 20th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of ManpowerGroup in a report on Wednesday, November 19th. Five research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $40.67.

ManpowerGroup Stock Performance

Shares of MAN stock opened at $28.34 on Wednesday. The company’s fifty day simple moving average is $33.64 and its 200-day simple moving average is $38.90. ManpowerGroup Inc. has a 52 week low of $26.14 and a 52 week high of $65.10. The company has a current ratio of 1.00, a quick ratio of 0.98 and a debt-to-equity ratio of 0.23. The company has a market cap of $1.31 billion, a PE ratio of -60.29 and a beta of 1.06.

ManpowerGroup (NYSE:MAN) last announced its quarterly earnings results on Thursday, October 16th. The business services provider reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.02. ManpowerGroup had a negative net margin of 0.12% and a positive return on equity of 7.02%. The firm had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.60 billion. During the same period in the prior year, the company earned $1.29 EPS. The firm’s revenue was up 2.3% on a year-over-year basis. ManpowerGroup has set its Q4 2025 guidance at 0.780-0.88 EPS. As a group, equities research analysts anticipate that ManpowerGroup Inc. will post 4.23 EPS for the current year.

ManpowerGroup Announces Dividend

The business also recently announced a dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be issued a dividend of $0.72 per share. This represents a dividend yield of 521.0%. The ex-dividend date is Monday, December 1st. ManpowerGroup’s dividend payout ratio (DPR) is presently -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.