ManpowerGroup Inc. (NYSE:MAN – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $29.29 and traded as high as $29.67. ManpowerGroup shares last traded at $29.3350, with a volume of 707,254 shares.
Analyst Ratings Changes
Several research analysts have recently issued reports on the company. Argus upgraded ManpowerGroup from a “hold” rating to a “buy” rating and set a $42.00 price target on the stock in a research report on Tuesday, February 3rd. The Goldman Sachs Group reissued a “neutral” rating on shares of ManpowerGroup in a research note on Friday, April 17th. Wall Street Zen cut ManpowerGroup from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Robert W. Baird decreased their target price on ManpowerGroup from $50.00 to $45.00 and set an “outperform” rating for the company in a research note on Friday, April 17th. Finally, Truist Financial decreased their target price on ManpowerGroup from $38.00 to $34.00 and set a “hold” rating for the company in a research note on Friday, April 17th. Three investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, ManpowerGroup currently has an average rating of “Hold” and an average target price of $37.50.
Get Our Latest Report on ManpowerGroup
ManpowerGroup Trading Down 0.1%
ManpowerGroup (NYSE:MAN – Get Free Report) last posted its earnings results on Thursday, April 16th. The business services provider reported $0.51 earnings per share (EPS) 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 firm had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.41 billion. During the same period in the previous year, the firm earned $0.44 earnings per share. The company’s revenue was up 10.3% on a year-over-year basis. ManpowerGroup has set its Q2 2026 guidance at 0.910-1.050 EPS. As a group, equities analysts expect that ManpowerGroup Inc. will post 3.66 earnings per share for the current year.
ManpowerGroup Announces Dividend
The company also recently declared a dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued a $0.72 dividend. This represents a dividend yield of 483.0%. The ex-dividend date is Monday, June 1st. ManpowerGroup’s payout ratio is -389.19%.
Institutional Trading of ManpowerGroup
Institutional investors have recently modified their holdings of the company. Quarry LP bought a new stake in shares of ManpowerGroup in the third quarter valued at about $25,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of ManpowerGroup in the third quarter valued at about $30,000. Fifth Third Bancorp lifted its holdings in shares of ManpowerGroup by 637.7% in the fourth quarter. Fifth Third Bancorp now owns 1,114 shares of the business services provider’s stock valued at $33,000 after purchasing an additional 963 shares in the last quarter. UMB Bank n.a. lifted its holdings in shares of ManpowerGroup by 122.2% in the third quarter. UMB Bank n.a. now owns 991 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 545 shares in the last quarter. Finally, Clearstead Advisors LLC lifted its holdings in shares of ManpowerGroup by 238.7% in the third quarter. Clearstead Advisors LLC now owns 1,050 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 740 shares in the last quarter. 98.03% of the stock is currently owned by institutional investors.
ManpowerGroup Company 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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