ManpowerGroup Inc. (NYSE:MAN) Receives $51.38 Average Price Target from Analysts

Shares of ManpowerGroup Inc. (NYSE:MAN) have received an average recommendation of “Hold” from the nine ratings firms that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $53.50.

A number of equities research analysts recently weighed in on the company. Robert W. Baird boosted their price objective on ManpowerGroup from $45.00 to $72.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Wall Street Zen downgraded ManpowerGroup from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. UBS Group lifted their price target on ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a research note on Friday, July 17th. Truist Financial lifted their price target on ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a research note on Friday, July 17th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of ManpowerGroup in a report on Wednesday, June 24th.

ManpowerGroup Price Performance

Shares of NYSE:MAN opened at $51.37 on Friday. ManpowerGroup has a one year low of $25.15 and a one year high of $55.70. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.04 and a quick ratio of 1.12. The company has a market cap of $2.39 billion, a price-to-earnings ratio of 23.35 and a beta of 0.73. The firm has a 50 day simple moving average of $36.16 and a 200 day simple moving average of $31.88.

ManpowerGroup (NYSE:MAN) last posted its earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.03. The firm had revenue of $4.86 billion for the quarter, compared to analysts’ expectations of $4.72 billion. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. During the same quarter in the previous year, the firm posted ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. Research analysts predict that ManpowerGroup will post 3.62 earnings per share for the current fiscal year.

ManpowerGroup Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a dividend of $0.72 per share. The ex-dividend date was Monday, June 1st. This represents a yield of 437.0%. ManpowerGroup’s dividend payout ratio (DPR) is currently 65.45%.

Hedge Funds Weigh In On ManpowerGroup

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC lifted its holdings in shares of 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 purchasing an additional 1,393,622 shares during the period. Quantinno Capital Management LP grew its stake in shares of ManpowerGroup by 235.8% in the first quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider’s stock worth $52,850,000 after purchasing an additional 1,259,752 shares during the last quarter. Balyasny Asset Management L.P. increased its holdings in ManpowerGroup by 696.9% in the second quarter. Balyasny Asset Management L.P. now owns 991,063 shares of the business services provider’s stock valued at $40,039,000 after purchasing an additional 866,693 shares during the period. Millennium Management LLC increased its stake in shares of ManpowerGroup by 77.3% in the fourth quarter. Millennium Management LLC now owns 1,525,936 shares of the business services provider’s stock valued at $45,366,000 after buying an additional 665,135 shares during the period. Finally, Freestone Grove Partners LP bought a new position in ManpowerGroup during the 4th quarter worth approximately $14,420,000. 98.03% of the stock is currently owned by institutional investors and hedge funds.

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.