ManpowerGroup (NYSE:MAN) Stock Price Up 6.3% – Still a Buy?

Shares of ManpowerGroup Inc. (NYSE:MAN) traded up 6.3% during trading on Monday . The stock traded as high as $27.78 and last traded at $27.6010. 144,316 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 1,249,642 shares. The stock had previously closed at $25.97.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of ManpowerGroup in a research note on Friday, March 27th. Truist Financial reduced their price target on shares of ManpowerGroup from $38.00 to $34.00 and set a “hold” rating on the stock in a research note on Friday, April 17th. Wall Street Zen downgraded shares of ManpowerGroup from a “buy” rating to a “hold” rating in a research note on Saturday. Barclays reduced their price target on shares of ManpowerGroup from $35.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Monday, April 13th. Finally, Argus upgraded ManpowerGroup from a “hold” rating to a “buy” rating and set a $42.00 price objective on the stock in a report on Tuesday, February 3rd. Three analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $37.50.

ManpowerGroup Stock Up 6.9%

The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.50. The firm has a market cap of $1.29 billion, a PE ratio of -75.07 and a beta of 0.74. The business’s 50-day simple moving average is $28.71 and its 200 day simple moving average is $29.39.

ManpowerGroup (NYSE:MAN) last posted its earnings results on Thursday, April 16th. The business services provider reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.01. ManpowerGroup had a negative net margin of 0.09% and a positive return on equity of 7.01%. The business had revenue of $4.51 billion for the quarter, compared to the consensus estimate of $4.41 billion. During the same quarter last year, the firm posted $0.44 EPS. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. ManpowerGroup has set its Q2 2026 guidance at 0.910-1.050 EPS. As a group, equities research analysts expect that ManpowerGroup Inc. will post 3.66 earnings per share for the current year.

ManpowerGroup Announces Dividend

The business also recently declared a dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be given a $0.72 dividend. This represents a dividend yield of 483.0%. The ex-dividend date of this dividend is Monday, June 1st. ManpowerGroup’s payout ratio is presently -389.19%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of MAN. Baird Financial Group Inc. purchased a new position in shares of ManpowerGroup in the 1st quarter worth approximately $219,000. Goldman Sachs Group Inc. grew its stake in ManpowerGroup by 12.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 347,423 shares of the business services provider’s stock worth $20,109,000 after buying an additional 38,710 shares during the last quarter. Empowered Funds LLC grew its stake in ManpowerGroup by 3.2% during the 1st 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 during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in ManpowerGroup by 9.4% during the 1st 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 during the last quarter. Finally, Focus Partners Wealth purchased a new position in ManpowerGroup during the 1st quarter worth $348,000. Hedge funds and other institutional investors own 98.03% of the company’s stock.

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.