ManpowerGroup Inc. (NYSE:MAN – Get Free Report) shares were up 10.2% during trading on Friday . The company traded as high as $36.44 and last traded at $37.2450. Approximately 269,309 shares traded hands during trading, a decline of 77% from the average daily volume of 1,167,937 shares. The stock had previously closed at $33.81.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the company. The Goldman Sachs Group reissued a “neutral” rating on shares of ManpowerGroup in a research report on Friday, April 17th. UBS Group upped their price target on ManpowerGroup from $29.00 to $33.00 and gave the company a “neutral” rating in a report on Friday, April 17th. Truist Financial reduced their price objective on ManpowerGroup from $38.00 to $34.00 and set a “hold” rating for the company in a research report on Friday, April 17th. Barclays decreased their price objective on ManpowerGroup from $35.00 to $30.00 and set an “equal weight” rating on the stock in a report on Monday, April 13th. Finally, Wall Street Zen lowered ManpowerGroup from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $37.50.
Check Out Our Latest Report on ManpowerGroup
ManpowerGroup Trading Up 7.1%
ManpowerGroup (NYSE:MAN – Get Free Report) last announced its earnings results on Thursday, April 16th. The business services provider reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.01. ManpowerGroup had a positive return on equity of 7.01% and a negative net margin of 0.09%.The company had revenue of $4.51 billion during the quarter, compared to analyst estimates of $4.41 billion. During the same period last year, the company posted $0.44 earnings per share. The firm’s quarterly revenue was up 10.3% compared to the same quarter last year. ManpowerGroup has set its Q2 2026 guidance at 0.910-1.050 EPS. As a group, equities analysts forecast that ManpowerGroup Inc. will post 3.66 EPS for the current year.
ManpowerGroup Dividend Announcement
The business also recently disclosed a dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a $0.72 dividend. This represents a yield of 437.0%. The ex-dividend date was Monday, June 1st. ManpowerGroup’s payout ratio is -389.19%.
Hedge Funds Weigh In On ManpowerGroup
Several hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in ManpowerGroup by 0.3% in the third quarter. Vanguard Group Inc. now owns 6,211,092 shares of the business services provider’s stock worth $235,400,000 after purchasing an additional 19,501 shares during the period. AQR Capital Management LLC boosted its stake in shares of ManpowerGroup by 60.3% in the 3rd quarter. AQR Capital Management LLC now owns 3,704,326 shares of the business services provider’s stock valued at $140,394,000 after purchasing an additional 1,393,622 shares during the last quarter. Schroder Investment Management Group grew its position in shares of ManpowerGroup by 24.6% during the 4th quarter. Schroder Investment Management Group now owns 2,247,476 shares of the business services provider’s stock worth $66,817,000 after buying an additional 443,790 shares during the period. Quantinno Capital Management LP grew its position in shares of ManpowerGroup by 235.8% during the 1st quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider’s stock worth $52,850,000 after buying an additional 1,259,752 shares during the period. Finally, State Street Corp raised its stake in shares of ManpowerGroup by 2.0% during the fourth quarter. State Street Corp now owns 1,616,447 shares of the business services provider’s stock worth $48,057,000 after buying an additional 31,749 shares during the last quarter. Institutional investors own 98.03% of the company’s stock.
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.
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