ManpowerGroup Inc. $MAN Stock: Robeco Institutional Asset Management B.V. Increases Stake

Robeco Institutional Asset Management B.V. boosted its position in shares of ManpowerGroup Inc. (NYSE:MAN) by 12.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 181,571 shares of the business services provider’s stock after acquiring an additional 20,076 shares during the period. Robeco Institutional Asset Management B.V. owned 0.39% of ManpowerGroup worth $10,092,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Global Retirement Partners LLC purchased a new position in shares of ManpowerGroup in the second quarter valued at about $30,000. Elevation Wealth Partners LLC boosted its stake in shares of ManpowerGroup by 2,007.4% in the second quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider’s stock worth $38,000 after acquiring an additional 1,084 shares during the period. SJS Investment Consulting Inc. purchased a new stake in shares of ManpowerGroup during the first quarter worth about $57,000. Allworth Financial LP purchased a new stake in shares of ManpowerGroup during the second quarter worth about $88,000. Finally, EverSource Wealth Advisors LLC raised its stake in ManpowerGroup by 55.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,021 shares of the business services provider’s stock valued at $89,000 after purchasing an additional 1,074 shares during the period. Institutional investors own 98.03% of the company’s stock.

ManpowerGroup Stock Up 1.6%

NYSE MAN opened at $47.35 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.04 and a current ratio of 1.05. The company has a market capitalization of $2.20 billion, a P/E ratio of 18.71, a P/E/G ratio of 1.89 and a beta of 0.68. ManpowerGroup Inc. has a one year low of $25.15 and a one year high of $63.88. The stock has a 50 day moving average price of $55.78 and a 200-day moving average price of $43.71.

ManpowerGroup (NYSE:MAN) last posted its earnings results on Thursday, October 15th. The business services provider reported $1.01 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.01. ManpowerGroup had a net margin of 0.64% and a return on equity of 7.78%. The firm had revenue of $4.84 billion during the quarter, compared to analyst estimates of $4.86 billion. During the same period last year, the firm posted $0.83 earnings per share. ManpowerGroup’s revenue for the quarter was up 4.4% compared to the same quarter last year. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS. As a group, equities analysts predict that ManpowerGroup Inc. will post 3.60 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on MAN shares. Wall Street Zen raised shares of ManpowerGroup from a “hold” rating to a “buy” rating in a research note on Sunday, October 18th. Robert W. Baird reduced their price target on shares of ManpowerGroup from $72.00 to $65.00 and set an “outperform” rating on the stock in a report on Friday, October 16th. Zacks Research cut shares of ManpowerGroup from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 20th. BMO Capital Markets dropped their price objective on shares of ManpowerGroup from $63.00 to $58.00 and set an “outperform” rating for the company in a report on Monday, October 19th. Finally, Truist Financial raised their price objective on ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a research report on Friday, July 17th. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $51.25.

ManpowerGroup Company Profile

ManpowerGroup Inc is a global workforce solutions and employment services company headquartered in Milwaukee, Wisconsin. Through its brands, the company provides temporary and permanent staffing, recruitment, workforce management, talent development, and career transition services to businesses and job seekers.

Its principal brands include Manpower, which specializes in staffing and workforce services; Experis, which focuses on information technology and professional talent; and Talent Solutions, which provides recruitment process outsourcing, talent consulting, leadership development, and outplacement services.