Quantbot Technologies LP Makes New Investment in ManpowerGroup Inc. $MAN

Quantbot Technologies LP acquired a new stake in ManpowerGroup Inc. (NYSE:MAN) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 46,436 shares of the business services provider’s stock, valued at approximately $1,568,000.

Several other hedge funds have also recently added to or reduced their stakes in MAN. Baird Financial Group Inc. bought a new position in shares of ManpowerGroup during the first quarter worth $219,000. Goldman Sachs Group Inc. lifted its holdings in shares of ManpowerGroup by 12.5% in the first quarter. Goldman Sachs Group Inc. now owns 347,423 shares of the business services provider’s stock valued at $20,109,000 after purchasing an additional 38,710 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of ManpowerGroup by 3.2% during the first quarter. Empowered Funds LLC now owns 13,435 shares of the business services provider’s stock worth $778,000 after buying an additional 414 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of ManpowerGroup by 9.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 161,104 shares of the business services provider’s stock worth $9,325,000 after buying an additional 13,906 shares in the last quarter. Finally, Focus Partners Wealth acquired a new stake in ManpowerGroup in the 1st quarter valued at approximately $348,000. Institutional investors and hedge funds own 98.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on MAN. Weiss Ratings raised ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. 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 report on Friday, July 17th. The Goldman Sachs Group increased their price target on ManpowerGroup from $36.00 to $57.00 and gave the company a “neutral” rating in a research report on Friday, July 17th. Truist Financial lifted their price objective on shares of ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a research report on Friday, July 17th. Finally, Robert W. Baird boosted their target price on ManpowerGroup from $45.00 to $72.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Three analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $53.50.

ManpowerGroup Stock Down 0.1%

NYSE MAN opened at $61.38 on Tuesday. The company has a 50 day moving average of $46.97 and a 200-day moving average of $35.64. The company has a market cap of $2.85 billion, a price-to-earnings ratio of 27.90 and a beta of 0.67. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.27. ManpowerGroup Inc. has a 1-year low of $25.15 and a 1-year high of $62.96.

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

ManpowerGroup 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.