Man Group plc Makes New Investment in ManpowerGroup Inc. $MAN

Man Group plc acquired a new stake in ManpowerGroup Inc. (NYSE:MAN) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 161,734 shares of the business services provider’s stock, valued at approximately $5,462,000. Man Group plc owned 0.35% of ManpowerGroup as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. BlackRock Inc. bought a new position in ManpowerGroup in the 2nd quarter worth approximately $265,921,000. AQR Capital Management LLC increased its holdings in shares of ManpowerGroup by 60.3% in the third quarter. AQR Capital Management LLC now owns 3,704,326 shares of the business services provider’s stock valued at $140,394,000 after purchasing an additional 1,393,622 shares in the last quarter. Schroder Investment Management Group increased its position in ManpowerGroup by 24.6% in the fourth quarter. Schroder Investment Management Group now owns 2,247,476 shares of the business services provider’s stock worth $66,817,000 after purchasing an additional 443,790 shares during the period. Quantinno Capital Management LP grew its holdings in ManpowerGroup by 235.8% during the 1st quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider’s stock worth $52,850,000 after acquiring an additional 1,259,752 shares during the period. Finally, State Street Corp increased its stake in shares of ManpowerGroup by 2.0% in the 4th quarter. State Street Corp now owns 1,616,447 shares of the business services provider’s stock valued at $48,057,000 after acquiring an additional 31,749 shares during the last quarter. Institutional investors and hedge funds own 98.03% of the company’s stock.

ManpowerGroup Price Performance

MAN stock opened at $62.53 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.04 and a quick ratio of 1.04. The company has a market cap of $2.91 billion, a P/E ratio of 28.42 and a beta of 0.67. The firm has a 50-day moving average of $49.23 and a 200 day moving average of $36.36. ManpowerGroup Inc. has a 1 year low of $25.15 and a 1 year high of $63.88.

ManpowerGroup (NYSE:MAN) last issued 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 firm had revenue of $4.86 billion for the quarter, compared to the consensus estimate 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 prior year, the firm posted ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, sell-side analysts forecast that ManpowerGroup Inc. will post 3.62 EPS for the current year.

Wall Street Analysts Forecast Growth

MAN has been the topic of a number of recent research reports. Barclays lifted their target price on ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a research report on Monday, July 20th. UBS Group lifted their price target on shares of ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a research report on Friday, July 17th. Weiss Ratings raised ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Truist Financial raised their price target on shares of ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a research note on Friday, July 17th. Finally, The Goldman Sachs Group increased their target price on shares of ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a research note on Friday, July 17th. Three equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $53.50.

About ManpowerGroup

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.