Wellington Management Group LLP Takes Position in ManpowerGroup Inc. $MAN

Wellington Management Group LLP bought a new stake in shares of ManpowerGroup Inc. (NYSE:MAN) in the 2nd quarter, Holdings Channel.com reports. The firm bought 761,295 shares of the business services provider’s stock, valued at approximately $25,709,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Quarry LP purchased a new stake in shares of ManpowerGroup during the third quarter valued at approximately $25,000. Global Retirement Partners LLC purchased a new position in shares of ManpowerGroup in the second quarter worth $30,000. Caitong International Asset Management Co. Ltd bought a new stake in ManpowerGroup during the 3rd quarter valued at $30,000. Fifth Third Bancorp raised its holdings in ManpowerGroup by 637.7% during the 4th quarter. Fifth Third Bancorp now owns 1,114 shares of the business services provider’s stock valued at $33,000 after buying an additional 963 shares during the last quarter. Finally, Elevation Wealth Partners LLC boosted its position in 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 valued at $38,000 after buying an additional 1,084 shares during the period. 98.03% of the stock is currently owned by institutional investors.

ManpowerGroup Trading Up 0.7%

Shares of MAN opened at $61.92 on Friday. The firm’s 50-day moving average price is $52.05 and its 200-day moving average price is $37.41. The firm has a market capitalization of $2.88 billion, a price-to-earnings ratio of 28.15, a PEG ratio of 2.45 and a beta of 0.70. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.27. ManpowerGroup Inc. has a 1-year low of $25.15 and a 1-year high of $63.88.

ManpowerGroup (NYSE:MAN) last released its quarterly earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.03. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. 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 prior year, the firm earned ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. Sell-side analysts anticipate that ManpowerGroup Inc. will post 3.62 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on MAN shares. The Goldman Sachs Group boosted their price objective on shares of ManpowerGroup from $36.00 to $57.00 and gave the company a “neutral” rating in a research report on Friday, July 17th. BMO Capital Markets increased their target price on shares of ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Wall Street Zen cut ManpowerGroup from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings upgraded ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Finally, UBS Group upped their price target on ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” 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.com, the stock has a consensus rating of “Hold” and an average price target of $53.50.

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.