Quantinno Capital Management LP increased its stake in ManpowerGroup Inc. (NYSE:MAN – Free Report) by 235.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,793,963 shares of the business services provider’s stock after acquiring an additional 1,259,752 shares during the period. Quantinno Capital Management LP’s holdings in ManpowerGroup were worth $52,850,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in the stock. Treasurer of the State of North Carolina raised its holdings in ManpowerGroup by 1.4% during the second quarter. Treasurer of the State of North Carolina now owns 21,513 shares of the business services provider’s stock worth $869,000 after purchasing an additional 296 shares in the last quarter. Cetera Investment Advisers boosted its stake in ManpowerGroup by 3.6% during the 2nd quarter. Cetera Investment Advisers now owns 10,096 shares of the business services provider’s stock valued at $408,000 after purchasing an additional 348 shares in the last quarter. Quarry LP boosted its stake in ManpowerGroup by 55.3% during the 4th quarter. Quarry LP now owns 1,034 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 368 shares in 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 purchasing an additional 414 shares in the last quarter. Finally, State of Wyoming increased its position in shares of ManpowerGroup by 7.6% during the 2nd quarter. State of Wyoming now owns 6,197 shares of the business services provider’s stock valued at $250,000 after purchasing an additional 440 shares during the period. Institutional investors and hedge funds own 98.03% of the company’s stock.
Analysts Set New Price Targets
A number of analysts have recently commented on the company. BMO Capital Markets boosted their price objective on ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. Robert W. Baird raised their target price on ManpowerGroup from $45.00 to $72.00 and gave the company an “outperform” rating in a research note on Friday, July 17th. Barclays lifted their target price on ManpowerGroup from $30.00 to $47.00 and gave the stock an “equal weight” rating in a report on Monday, July 20th. Weiss Ratings reiterated a “sell (d)” rating on shares of ManpowerGroup in a research report on Wednesday, June 24th. Finally, UBS Group upped their price target on shares of ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a report on Friday, July 17th. Three equities research 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $53.50.
ManpowerGroup Price Performance
NYSE MAN opened at $55.94 on Thursday. ManpowerGroup Inc. has a 1 year low of $25.15 and a 1 year high of $57.08. The business’s fifty day moving average is $37.81 and its two-hundred day moving average is $32.41. The stock has a market capitalization of $2.60 billion, a P/E ratio of 25.43 and a beta of 0.73. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.12 and a current ratio of 1.04.
ManpowerGroup (NYSE:MAN – Get Free Report) last released its quarterly earnings data on Thursday, July 16th. The business services provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.03. The business had revenue of $4.86 billion during the quarter, compared to analyst estimates of $4.72 billion. ManpowerGroup had a return on equity of 7.45% and a net margin of 0.56%.During the same period last year, the company posted ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, research analysts forecast that ManpowerGroup Inc. will post 3.62 earnings per share for the current fiscal year.
ManpowerGroup Announces Dividend
The business also recently declared a dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a $0.72 dividend. The ex-dividend date was Monday, June 1st. This represents a dividend yield of 437.0%. ManpowerGroup’s dividend payout ratio (DPR) is 65.45%.
ManpowerGroup Profile
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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