ManpowerGroup Inc. $MAN Shares Sold by M&G PLC

M&G PLC decreased its stake in ManpowerGroup Inc. (NYSE:MAN) by 25.6% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 149,822 shares of the business services provider’s stock after selling 51,625 shares during the quarter. M&G PLC owned about 0.32% of ManpowerGroup worth $8,390,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in ManpowerGroup during the 2nd quarter valued at $265,921,000. Quantinno Capital Management LP boosted its stake in ManpowerGroup by 235.8% during the first quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider’s stock worth $52,850,000 after buying an additional 1,259,752 shares during the period. Alberta Investment Management Corp purchased a new position in ManpowerGroup during the second quarter worth $33,702,000. Wellington Management Group LLP purchased a new position in ManpowerGroup during the second quarter worth $25,709,000. Finally, RBF Capital LLC increased its position in ManpowerGroup by 1.0% during the first quarter. RBF Capital LLC now owns 475,017 shares of the business services provider’s stock valued at $13,994,000 after acquiring an additional 4,934 shares during the last quarter. Institutional investors own 98.03% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on MAN. UBS Group reduced their target price on shares of ManpowerGroup from $56.00 to $48.00 and set a “neutral” rating on the stock in a research note on Friday, October 16th. Wall Street Zen downgraded shares of ManpowerGroup from a “buy” rating to a “hold” rating in a report on Wednesday. Truist Financial increased their price objective on shares of ManpowerGroup from $34.00 to $50.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. JPMorgan Chase & Co. reduced their price objective on shares of ManpowerGroup from $59.00 to $50.00 and set a “neutral” rating on the stock in a research report on Friday, October 16th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of ManpowerGroup in a research note on Wednesday, November 4th. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, ManpowerGroup has an average rating of “Hold” and an average price target of $51.39.

ManpowerGroup Price Performance

MAN opened at $45.95 on Wednesday. The business has a fifty day moving average of $52.15 and a 200 day moving average of $40.40. ManpowerGroup Inc. has a 52-week low of $25.15 and a 52-week high of $63.88. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.26. The stock has a market cap of $2.14 billion, a P/E ratio of 18.16, a PEG ratio of 1.77 and a beta of 0.78.

ManpowerGroup (NYSE:MAN) last released its earnings results on Thursday, October 15th. The business services provider reported $1.01 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.01. ManpowerGroup had a return on equity of 7.78% and a net margin of 0.64%. The business had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.86 billion. During the same quarter last year, the firm posted $0.83 earnings per share. The business’s revenue 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, sell-side analysts anticipate that ManpowerGroup Inc. will post 3.60 EPS for the current year.

ManpowerGroup Dividend Announcement

The business also recently declared a dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be issued a $0.72 dividend. The ex-dividend date is Tuesday, December 1st. This represents a dividend yield of 313.0%. ManpowerGroup’s dividend payout ratio is presently 56.92%.

ManpowerGroup Profile

ManpowerGroup Inc. is a global workforce solutions company that helps organizations find, manage and develop talent. Its services include permanent and temporary recruitment, staffing, workforce management, outsourcing and career-transition support. The company operates through brands including Manpower, Experis and Talent Solutions. These businesses serve employers and job seekers across a range of industries, offering services from general staffing and professional recruitment to technology talent and workforce development.