ManpowerGroup (NYSE:MAN) Trading Up 7% After Earnings Beat

ManpowerGroup Inc. (NYSE:MAN) traded up 7% during mid-day trading on Friday following a better than expected earnings announcement. The stock traded as high as $54.98 and last traded at $55.2660. Approximately 380,578 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 1,245,919 shares. The stock had previously closed at $51.65.

The business services provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.96 by $0.03. ManpowerGroup had a negative net margin of 0.09% and a positive return on equity of 7.01%. The firm had revenue of $4.86 billion during the quarter, compared to analysts’ expectations of $4.72 billion. During the same quarter in the prior year, the firm earned ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS.

ManpowerGroup Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued a $0.72 dividend. This represents a yield of 437.0%. The ex-dividend date of this dividend was Monday, June 1st. ManpowerGroup’s dividend payout ratio is -389.19%.

Key ManpowerGroup News

Here are the key news stories impacting ManpowerGroup this week:

• Positive Sentiment: ManpowerGroup beat Q2 expectations, reporting $0.99 EPS versus $0.96 expected and revenue of $4.86 billion versus $4.72 billion expected, with demand improving across the U.S., Latin America, APME and parts of Europe. ManpowerGroup Reports 2nd Quarter 2026 Results
• Positive Sentiment: The company guided Q3 EPS to $0.96-$1.06, which was broadly in line to slightly above expectations, reinforcing confidence in near-term earnings momentum. ManpowerGroup Analysts Boost Their Forecasts After Strong Q2 Results
• Positive Sentiment: Analysts responded by raising targets, including Robert W. Baird lifting its price target from $45 to $72 and reiterating an outperform rating, signaling a much more optimistic outlook. Benzinga
• Positive Sentiment: Management also pointed to cost-savings plans targeting $200 million by 2028 and commentary around growth from AI-related shifts, which may support margins over time. ManpowerGroup forecasts Q3 EPS of $0.96-$1.06 as it targets $200M in 2028 cost savings

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on MAN. Wall Street Zen lowered ManpowerGroup from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. BMO Capital Markets restated an “outperform” rating and set a $63.00 price objective on shares of ManpowerGroup in a research note on Friday. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $57.00 price objective on shares of ManpowerGroup in a report on Friday. Truist Financial increased their target price on shares of ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a research report on Friday. Finally, Robert W. Baird raised their target price on shares of ManpowerGroup from $45.00 to $72.00 and gave the company an “outperform” rating in a research note on Friday. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $51.38.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Quarry LP bought a new position in shares of ManpowerGroup in the third quarter valued at $25,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of ManpowerGroup in the 3rd quarter worth $30,000. Fifth Third Bancorp grew its holdings in shares of 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 acquiring an additional 963 shares during the last quarter. Elevation Wealth Partners LLC grew its holdings in shares of 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 acquiring an additional 1,084 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its position in shares of ManpowerGroup by 320.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,376 shares of the business services provider’s stock worth $41,000 after purchasing an additional 1,049 shares during the period. Institutional investors and hedge funds own 98.03% of the company’s stock.

ManpowerGroup Stock Performance

The firm has a market capitalization of $2.57 billion, a PE ratio of -149.17 and a beta of 0.73. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.12 and a quick ratio of 1.12. The firm has a fifty day moving average price of $33.26 and a 200 day moving average price of $30.97.

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.