Sequoia Financial Advisors LLC boosted its position in shares of ManpowerGroup Inc. (NYSE:MAN – Free Report) by 123.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,052 shares of the business services provider’s stock after purchasing an additional 10,537 shares during the period. Sequoia Financial Advisors LLC’s holdings in ManpowerGroup were worth $643,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in MAN. Global Retirement Partners LLC acquired a new stake in shares of ManpowerGroup in the second quarter valued at approximately $30,000. Elevation Wealth Partners LLC boosted its stake in shares of ManpowerGroup by 2,007.4% during 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 during the last quarter. Hantz Financial Services Inc. grew its holdings in shares of ManpowerGroup by 320.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,376 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 1,049 shares in the last quarter. Leonteq Securities AG acquired a new stake in shares of ManpowerGroup in the fourth quarter valued at about $46,000. Finally, SJS Investment Consulting Inc. acquired a new stake in shares of ManpowerGroup in the first quarter valued at about $57,000. 98.03% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on the company. Truist Financial increased their price target on ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a research 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. Robert W. Baird boosted their price target on ManpowerGroup from $45.00 to $72.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. The Goldman Sachs Group raised their price objective on ManpowerGroup from $36.00 to $57.00 and gave the company a “neutral” rating in a research report on Friday, July 17th. Finally, UBS Group lifted their target price on ManpowerGroup from $41.00 to $55.00 and gave the stock a “neutral” rating in a research note 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. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $53.50.
ManpowerGroup Stock Down 0.2%
Shares of MAN opened at $57.55 on Friday. The firm has a market cap of $2.68 billion, a P/E ratio of 26.16, a price-to-earnings-growth ratio of 2.28 and a beta of 0.70. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.04 and a current ratio of 1.04. ManpowerGroup Inc. has a 52 week low of $25.15 and a 52 week high of $63.88. The firm’s 50-day simple moving average is $56.10 and its 200 day simple moving average is $39.52.
ManpowerGroup (NYSE:MAN – Get Free Report) last announced its earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.03. The company had revenue of $4.86 billion for 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 company earned ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, analysts forecast that ManpowerGroup Inc. will post 3.62 earnings per share for the current year.
ManpowerGroup Company Profile
ManpowerGroup Inc is a global workforce solutions and staffing company that connects organizations with skilled talent and helps individuals build careers. The company provides temporary and permanent recruitment, workforce management, talent development, career transition and outplacement services.
Its principal brands include Manpower, which focuses on staffing and workforce solutions; Experis, which specializes in information technology and professional talent; and Talent Solutions, which provides recruitment process outsourcing, talent consulting and workforce management services.
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