ManpowerGroup (NYSE:MAN) Reaches New 1-Year High – Time to Buy?

Shares of ManpowerGroup Inc. (NYSE:MAN) reached a new 52-week high during trading on Tuesday . The company traded as high as $56.29 and last traded at $56.1030, with a volume of 159328 shares. The stock had previously closed at $53.67.

Analyst Ratings Changes

Several equities research analysts have commented on MAN shares. Truist Financial upped their price target on ManpowerGroup from $34.00 to $50.00 and gave the stock a “hold” rating in a research note on Friday, July 17th. The Goldman Sachs Group increased their target price on shares of ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th. Weiss Ratings reissued a “sell (d)” rating on shares of ManpowerGroup in a research report on Wednesday, June 24th. Barclays raised their price target on shares of ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a report on Monday, July 20th. Finally, Robert W. Baird lifted their price target on shares of ManpowerGroup from $45.00 to $72.00 and gave the company an “outperform” rating in a research report on Friday, July 17th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $53.50.

ManpowerGroup Stock Performance

The stock has a 50 day simple moving average of $37.81 and a 200 day simple moving average of $32.41. The company has a market cap of $2.60 billion, a price-to-earnings ratio of 25.43 and a beta of 0.73. The company has a quick ratio of 1.12, a current ratio of 1.04 and a debt-to-equity ratio of 0.27.

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

ManpowerGroup Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a $0.72 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a yield of 437.0%. ManpowerGroup’s dividend payout ratio (DPR) is 65.45%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Quarry LP purchased a new position in shares of ManpowerGroup in the third quarter valued at $25,000. Caitong International Asset Management Co. Ltd purchased a new stake in ManpowerGroup during the 3rd quarter worth $30,000. Fifth Third Bancorp lifted 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 in the last quarter. Elevation Wealth Partners LLC lifted its holdings in ManpowerGroup by 2,007.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider’s stock worth $38,000 after buying an additional 1,084 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted 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 in the last quarter. 98.03% of the stock is owned by institutional investors and hedge funds.

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.