Jupiter Topco LLC Purchases Shares of 21,696 ManpowerGroup Inc. $MAN

Jupiter Topco LLC acquired a new position in ManpowerGroup Inc. (NYSE:MAN) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,696 shares of the business services provider’s stock, valued at approximately $733,000.

Other hedge funds have also made changes to their positions in the company. Baird Financial Group Inc. purchased a new stake in ManpowerGroup during the 1st quarter worth $219,000. Goldman Sachs Group Inc. raised its position in ManpowerGroup by 12.5% in the first quarter. Goldman Sachs Group Inc. now owns 347,423 shares of the business services provider’s stock valued at $20,109,000 after purchasing an additional 38,710 shares during the period. Empowered Funds LLC lifted its stake in shares of ManpowerGroup by 3.2% during the first quarter. Empowered Funds LLC now owns 13,435 shares of the business services provider’s stock worth $778,000 after purchasing an additional 414 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of ManpowerGroup by 9.4% in the first 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 period. Finally, Focus Partners Wealth purchased a new stake in shares of ManpowerGroup in the first quarter worth about $348,000. Hedge funds and other institutional investors own 98.03% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on MAN. Robert W. Baird raised their target price on ManpowerGroup from $45.00 to $72.00 and gave the company an “outperform” rating in a report on Friday, July 17th. Weiss Ratings upgraded ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Truist Financial increased their price objective on shares of ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a research report on Friday, July 17th. Wall Street Zen lowered shares of ManpowerGroup from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, BMO Capital Markets boosted their target price on shares of ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Three research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $53.50.

ManpowerGroup Trading Down 0.1%

NYSE:MAN opened at $61.92 on Monday. The stock has a market cap of $2.88 billion, a price-to-earnings ratio of 28.15, a price-to-earnings-growth ratio of 2.45 and a beta of 0.70. ManpowerGroup Inc. has a one year low of $25.15 and a one year high of $63.88. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.04 and a current ratio of 1.04. The business’s 50-day simple moving average is $52.05 and its 200 day simple moving average is $37.47.

ManpowerGroup (NYSE:MAN) last issued its quarterly earnings data 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 return on equity of 7.45% and a net margin of 0.56%.The firm had revenue of $4.86 billion during the quarter, compared to analyst estimates of $4.72 billion. During the same quarter last year, the firm earned ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. As a group, sell-side analysts predict that ManpowerGroup Inc. will post 3.62 earnings per share for the current fiscal year.

ManpowerGroup Company 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.