Clear Harbor Asset Management LLC Makes New $323,000 Investment in ManpowerGroup Inc. $MAN

Clear Harbor Asset Management LLC bought a new stake in ManpowerGroup Inc. (NYSE:MAN) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 9,551 shares of the business services provider’s stock, valued at approximately $323,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Baird Financial Group Inc. bought a new stake in shares of ManpowerGroup in the first quarter worth $219,000. Goldman Sachs Group Inc. boosted its stake in ManpowerGroup by 12.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 347,423 shares of the business services provider’s stock valued at $20,109,000 after acquiring an additional 38,710 shares during the last quarter. Empowered Funds LLC boosted its stake in ManpowerGroup by 3.2% during the 1st quarter. Empowered Funds LLC now owns 13,435 shares of the business services provider’s stock valued at $778,000 after acquiring an additional 414 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in ManpowerGroup by 9.4% during the 1st 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 acquiring an additional 13,906 shares in the last quarter. Finally, Focus Partners Wealth bought a new stake in shares of ManpowerGroup in the 1st quarter worth about $348,000. 98.03% of the stock is currently owned by hedge funds and other institutional investors.

ManpowerGroup Stock Up 0.2%

ManpowerGroup stock opened at $61.55 on Monday. ManpowerGroup Inc. has a 52 week low of $25.15 and a 52 week high of $62.45. The stock has a market cap of $2.86 billion, a price-to-earnings ratio of 27.98 and a beta of 0.67. The company’s 50-day moving average price is $46.41 and its two-hundred day moving average price is $35.45. 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 (NYSE:MAN) last released 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. 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 the consensus estimate of $4.72 billion. During the same period in the prior year, the firm posted ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, analysts expect that ManpowerGroup Inc. will post 3.62 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on MAN shares. Wall Street Zen upgraded ManpowerGroup from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Barclays boosted their target price on shares of ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a research note on Monday, July 20th. BMO Capital Markets lifted their price target on shares of ManpowerGroup from $49.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, July 17th. Weiss Ratings upgraded shares of ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Finally, The Goldman Sachs Group upped their target price on ManpowerGroup from $36.00 to $57.00 and gave the company a “neutral” rating in a report on Friday, July 17th. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus 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.