Vise Technologies Inc. bought a new position in ManpowerGroup Inc. (NYSE:MAN – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,668 shares of the business services provider’s stock, valued at approximately $360,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Quarry LP bought a new position in ManpowerGroup in the 3rd quarter valued at approximately $25,000. Global Retirement Partners LLC acquired a new position in shares of ManpowerGroup during the second quarter worth $30,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of ManpowerGroup in the 3rd quarter valued at about $30,000. Fifth Third Bancorp boosted its holdings in 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 acquiring an additional 963 shares during the last quarter. Finally, Elevation Wealth Partners LLC boosted its holdings in ManpowerGroup by 2,007.4% in the second quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider’s stock valued at $38,000 after acquiring an additional 1,084 shares during the last quarter. 98.03% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several research analysts have issued reports on MAN shares. Truist Financial raised their price target on shares of ManpowerGroup from $34.00 to $50.00 and gave the stock a “hold” rating in a report on Friday, July 17th. UBS Group upped their price objective on shares of ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a research note on Friday, July 17th. Barclays increased their price objective on shares of ManpowerGroup from $30.00 to $47.00 and gave the stock an “equal weight” rating in a research report on Monday, July 20th. The Goldman Sachs Group lifted their target price on shares of ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a research note on Friday, July 17th. Finally, BMO Capital Markets boosted their target price on shares of ManpowerGroup from $49.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, July 17th. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $53.50.
ManpowerGroup Price Performance
Shares of MAN opened at $62.16 on Wednesday. ManpowerGroup Inc. has a 52-week low of $25.15 and a 52-week high of $62.96. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.04 and a current ratio of 1.04. The business’s 50 day moving average price is $47.53 and its two-hundred day moving average price is $35.82. The firm has a market cap of $2.89 billion, a PE ratio of 28.25 and a beta of 0.67.
ManpowerGroup (NYSE:MAN – Get Free Report) last announced its quarterly earnings data on Thursday, July 16th. The business services provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.96 by $0.03. The company had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.72 billion. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. During the same quarter last year, the firm posted ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, equities analysts anticipate that ManpowerGroup Inc. will post 3.62 EPS for the current year.
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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