Hsbc Holdings PLC Buys 19,205 Shares of ManpowerGroup Inc. $MAN

Hsbc Holdings PLC lifted its stake in shares of ManpowerGroup Inc. (NYSE:MAN) by 53.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 55,257 shares of the business services provider’s stock after purchasing an additional 19,205 shares during the period. Hsbc Holdings PLC’s holdings in ManpowerGroup were worth $1,632,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Quarry LP bought a new position in ManpowerGroup during the third quarter valued at $25,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of ManpowerGroup in the third quarter valued at $30,000. Fifth Third Bancorp lifted its position in shares of ManpowerGroup by 637.7% during the 4th quarter. Fifth Third Bancorp now owns 1,114 shares of the business services provider’s stock valued at $33,000 after buying an additional 963 shares during the last quarter. Hantz Financial Services Inc. lifted its position in shares of ManpowerGroup by 320.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,376 shares of the business services provider’s stock valued at $41,000 after buying an additional 1,049 shares during the last quarter. Finally, Allworth Financial LP grew its stake in shares of ManpowerGroup by 69.3% during the 3rd quarter. Allworth Financial LP now owns 1,121 shares of the business services provider’s stock worth $42,000 after acquiring an additional 459 shares during the period. Institutional investors own 98.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on MAN. BMO Capital Markets increased their target price on shares of ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Wall Street Zen cut shares of ManpowerGroup from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. The Goldman Sachs Group raised their price target on ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a report on Friday, July 17th. Barclays lifted 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. Finally, Robert W. Baird boosted their price objective on ManpowerGroup from $45.00 to $72.00 and gave the company an “outperform” rating in a research note on Friday, July 17th. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $53.50.

ManpowerGroup Stock Performance

ManpowerGroup stock opened at $53.58 on Tuesday. ManpowerGroup Inc. has a 1-year low of $25.15 and a 1-year high of $55.70. The company has a current ratio of 1.04, a quick ratio of 1.12 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $2.49 billion, a PE ratio of 24.36 and a beta of 0.73. The firm’s 50 day simple moving average is $36.68 and its 200 day simple moving average is $32.05.

ManpowerGroup (NYSE:MAN) last released its quarterly earnings results 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 firm 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 in the previous year, the business earned ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. As a group, analysts expect that ManpowerGroup Inc. 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. This represents a yield of 437.0%. The ex-dividend date was Monday, June 1st. ManpowerGroup’s payout ratio is presently 65.45%.

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.