Empowered Funds LLC grew its position in ManpowerGroup Inc. (NYSE:MAN – Free Report) by 6.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 172,959 shares of the business services provider’s stock after purchasing an additional 9,836 shares during the period. Empowered Funds LLC’s holdings in ManpowerGroup were worth $5,095,000 at the end of the most recent quarter.
Several other institutional investors have also recently modified their holdings of MAN. Quarry LP acquired a new stake in shares of ManpowerGroup during the third quarter worth about $25,000. Caitong International Asset Management Co. Ltd acquired a new position in ManpowerGroup in the 3rd quarter worth approximately $30,000. Fifth Third Bancorp increased its holdings in ManpowerGroup by 637.7% in the 4th quarter. Fifth Third Bancorp now owns 1,114 shares of the business services provider’s stock worth $33,000 after buying an additional 963 shares during the period. Hantz Financial Services Inc. increased its holdings in ManpowerGroup by 320.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,376 shares of the business services provider’s stock worth $41,000 after buying an additional 1,049 shares during the period. Finally, Leonteq Securities AG purchased a new position in ManpowerGroup during the 4th quarter worth approximately $46,000. 98.03% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several analysts have commented on the stock. Barclays lifted their price objective on shares of ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a research note on Monday, July 20th. BMO Capital Markets increased their price objective on shares of ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. Wall Street Zen cut shares of ManpowerGroup from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings restated a “sell (d)” rating on shares of ManpowerGroup in a research report on Wednesday, June 24th. Finally, The Goldman Sachs Group upped their price target on shares of ManpowerGroup from $36.00 to $57.00 and gave the company a “neutral” rating in a report on Friday, July 17th. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $53.50.
ManpowerGroup Stock Up 0.8%
Shares of MAN stock opened at $52.31 on Friday. The stock has a 50 day moving average of $38.73 and a 200 day moving average of $32.69. The company has a current ratio of 1.04, a quick ratio of 1.12 and a debt-to-equity ratio of 0.27. The stock has a market cap of $2.43 billion, a P/E ratio of 23.78 and a beta of 0.73. ManpowerGroup Inc. has a twelve month low of $25.15 and a twelve month high of $57.08.
ManpowerGroup (NYSE:MAN – Get Free Report) last announced its quarterly earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.03. ManpowerGroup had a return on equity of 7.45% and a net margin of 0.56%.The company had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.72 billion. During the same period in the previous year, the company posted ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. As a group, sell-side analysts expect that ManpowerGroup Inc. will post 3.62 EPS for the current year.
ManpowerGroup Announces Dividend
The company also recently announced a dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a $0.72 dividend. This represents a dividend yield of 437.0%. The ex-dividend date was Monday, June 1st. ManpowerGroup’s payout ratio is currently 65.45%.
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.
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