Syon Capital LLC Acquires 9,493 Shares of ManpowerGroup Inc. $MAN

Syon Capital LLC raised its holdings in ManpowerGroup Inc. (NYSE:MAN) by 113.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,826 shares of the business services provider’s stock after buying an additional 9,493 shares during the quarter. Syon Capital LLC’s holdings in ManpowerGroup were worth $602,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Quarry LP acquired a new position in shares of ManpowerGroup during the 3rd quarter valued at $25,000. Global Retirement Partners LLC acquired a new position in shares of ManpowerGroup during the second quarter valued at about $30,000. Caitong International Asset Management Co. Ltd bought a new position in shares of ManpowerGroup during the 3rd quarter worth about $30,000. Fifth Third Bancorp grew its stake in shares of ManpowerGroup by 637.7% in 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 period. Finally, Elevation Wealth Partners LLC increased its position in ManpowerGroup by 2,007.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider’s stock valued at $38,000 after buying an additional 1,084 shares in the last quarter. 98.03% of the stock is currently owned by institutional investors.

ManpowerGroup Price Performance

MAN opened at $61.92 on Tuesday. ManpowerGroup Inc. has a 1 year low of $25.15 and a 1 year high of $63.88. 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 capitalization of $2.88 billion, a price-to-earnings ratio of 28.15, a P/E/G ratio of 2.45 and a beta of 0.70. The firm’s fifty day moving average price is $52.57 and its two-hundred day moving average price is $37.71.

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

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on MAN shares. UBS Group increased their price target on ManpowerGroup from $41.00 to $55.00 and gave the stock a “neutral” rating in a report on Friday, July 17th. Weiss Ratings raised shares of ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Wall Street Zen downgraded shares of ManpowerGroup from a “buy” rating to a “hold” rating in a report on Saturday. The Goldman Sachs Group lifted their price objective on shares of ManpowerGroup from $36.00 to $57.00 and gave the company a “neutral” rating in a report on Friday, July 17th. Finally, Truist Financial upped their target price on shares of ManpowerGroup from $34.00 to $50.00 and gave the stock a “hold” rating in a report on Friday, July 17th. Three equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $53.50.

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.