Nordea Investment Management AB Increases Position in ManpowerGroup Inc. $MAN

Nordea Investment Management AB raised its holdings in shares of ManpowerGroup Inc. (NYSE:MAN) by 1.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 85,162 shares of the business services provider’s stock after purchasing an additional 1,272 shares during the quarter. Nordea Investment Management AB’s holdings in ManpowerGroup were worth $3,458,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Invesco Ltd. boosted its holdings in shares of ManpowerGroup by 36.1% in the first quarter. Invesco Ltd. now owns 2,608,221 shares of the business services provider’s stock valued at $150,964,000 after purchasing an additional 691,678 shares during the period. Dimensional Fund Advisors LP raised its stake in ManpowerGroup by 1.5% in the first quarter. Dimensional Fund Advisors LP now owns 2,532,196 shares of the business services provider’s stock worth $146,564,000 after buying an additional 38,358 shares in the last quarter. AQR Capital Management LLC increased its position in shares of ManpowerGroup by 10.7% during the first quarter. AQR Capital Management LLC now owns 2,503,668 shares of the business services provider’s stock worth $144,912,000 after purchasing an additional 241,403 shares in the last quarter. Hotchkis & Wiley Capital Management LLC increased its position in shares of ManpowerGroup by 4.2% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 865,394 shares of the business services provider’s stock worth $50,089,000 after purchasing an additional 34,514 shares in the last quarter. Finally, ARGA Investment Management LP increased its position in shares of ManpowerGroup by 539.8% during the first quarter. ARGA Investment Management LP now owns 587,048 shares of the business services provider’s stock worth $33,978,000 after purchasing an additional 495,296 shares in the last quarter. Hedge funds and other institutional investors own 98.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on MAN. Barclays reduced their price target on ManpowerGroup from $50.00 to $42.00 and set an “equal weight” rating on the stock in a research report on Friday. JPMorgan Chase & Co. dropped their price objective on shares of ManpowerGroup from $52.00 to $42.00 and set a “neutral” rating on the stock in a report on Monday. Weiss Ratings reissued a “sell (d+)” rating on shares of ManpowerGroup in a report on Wednesday, October 8th. UBS Group dropped their price objective on shares of ManpowerGroup from $40.00 to $39.00 and set a “neutral” rating on the stock in a report on Friday, October 17th. Finally, Wall Street Zen raised shares of ManpowerGroup from a “sell” rating to a “hold” rating in a report on Friday, June 27th. Five equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, ManpowerGroup presently has a consensus rating of “Reduce” and a consensus price target of $41.33.

ManpowerGroup Price Performance

Shares of MAN opened at $34.38 on Wednesday. The business’s 50-day moving average is $39.28 and its two-hundred day moving average is $41.62. The company has a market capitalization of $1.59 billion, a P/E ratio of -73.14 and a beta of 1.08. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.98 and a current ratio of 1.00. ManpowerGroup Inc. has a fifty-two week low of $33.26 and a fifty-two week high of $66.50.

ManpowerGroup (NYSE:MAN) last announced its quarterly earnings results on Thursday, October 16th. The business services provider reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.02. The company had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.60 billion. ManpowerGroup had a positive return on equity of 7.02% and a negative net margin of 0.12%.The firm’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period last year, the firm earned $1.29 EPS. ManpowerGroup has set its Q4 2025 guidance at 0.780-0.88 EPS. Research analysts predict that ManpowerGroup Inc. will post 4.23 earnings per share for the current year.

ManpowerGroup Profile

ManpowerGroup Inc provides workforce solutions and services worldwide. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career and talent management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives.