Savant Capital LLC trimmed its holdings in ManpowerGroup Inc. (NYSE:MAN – Free Report) by 73.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,804 shares of the business services provider’s stock after selling 16,416 shares during the quarter. Savant Capital LLC’s holdings in ManpowerGroup were worth $235,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. acquired a new position in ManpowerGroup during the 1st quarter worth $30,000. Huntington National Bank lifted its holdings in ManpowerGroup by 41.6% in the second quarter. Huntington National Bank now owns 997 shares of the business services provider’s stock worth $40,000 after purchasing an additional 293 shares during the period. Caption Management LLC bought a new position in ManpowerGroup in the 1st quarter valued at about $123,000. Covestor Ltd increased its stake in ManpowerGroup by 28.8% during the 1st quarter. Covestor Ltd now owns 3,073 shares of the business services provider’s stock valued at $178,000 after buying an additional 688 shares during the period. Finally, Kaufman Rossin Wealth LLC bought a new stake in shares of ManpowerGroup during the 1st quarter worth about $218,000. 98.03% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research analysts have recently issued reports on MAN shares. JPMorgan Chase & Co. decreased their price objective on shares of ManpowerGroup from $52.00 to $42.00 and set a “neutral” rating for the company in a report on Monday, October 20th. UBS Group decreased their price target on ManpowerGroup from $40.00 to $39.00 and set a “neutral” rating for the company in a research note on Friday, October 17th. Truist Financial lowered their price target on ManpowerGroup from $48.00 to $44.00 and set a “hold” rating on the stock in a research report on Monday, October 13th. The Goldman Sachs Group cut their price objective on ManpowerGroup from $37.00 to $33.00 and set a “sell” rating for the company in a report on Friday, October 17th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of ManpowerGroup in a research note on Thursday, November 13th. Five investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $41.33.
ManpowerGroup Price Performance
Shares of NYSE:MAN opened at $27.17 on Thursday. The company has a market capitalization of $1.26 billion, a PE ratio of -57.80 and a beta of 1.06. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.98 and a current ratio of 1.00. The stock has a fifty day moving average of $34.52 and a 200-day moving average of $39.26. ManpowerGroup Inc. has a one year low of $26.85 and a one year high of $65.17.
ManpowerGroup (NYSE:MAN – Get Free Report) last issued its earnings results on Thursday, October 16th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.02. The business had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.60 billion. ManpowerGroup had a positive return on equity of 7.02% and a negative net margin of 0.12%.The company’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period in the previous year, the firm posted $1.29 EPS. ManpowerGroup has set its Q4 2025 guidance at 0.780-0.88 EPS. As a group, equities analysts anticipate that ManpowerGroup Inc. will post 4.23 EPS for the current fiscal year.
ManpowerGroup Dividend Announcement
The company also recently disclosed a dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be paid a dividend of $0.72 per share. The ex-dividend date of this dividend is Monday, December 1st. This represents a yield of 521.0%. ManpowerGroup’s dividend payout ratio is currently -306.38%.
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.
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