EP Wealth Advisors LLC Invests $371,000 in ManpowerGroup Inc. $MAN

EP Wealth Advisors LLC bought a new position in shares of ManpowerGroup Inc. (NYSE:MAN) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,976 shares of the business services provider’s stock, valued at approximately $371,000.

Several other institutional investors also recently bought and sold shares of MAN. Y Intercept Hong Kong Ltd increased its holdings in ManpowerGroup by 910.7% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 128,816 shares of the business services provider’s stock valued at $3,795,000 after acquiring an additional 116,071 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its holdings in shares of ManpowerGroup by 52.0% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 77,557 shares of the business services provider’s stock valued at $2,306,000 after purchasing an additional 26,536 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of ManpowerGroup during the 1st quarter valued at about $1,180,000. Assenagon Asset Management S.A. purchased a new position in shares of ManpowerGroup during the second quarter valued at about $4,323,000. Finally, Hsbc Holdings PLC grew its position in shares of ManpowerGroup by 53.3% during the first quarter. Hsbc Holdings PLC now owns 55,257 shares of the business services provider’s stock valued at $1,632,000 after purchasing an additional 19,205 shares in the last quarter. 98.03% of the stock is owned by hedge funds and other institutional investors.

ManpowerGroup Stock Performance

Shares of NYSE:MAN opened at $62.16 on Wednesday. The firm has a fifty day simple moving average of $47.53 and a two-hundred day simple moving average of $35.82. ManpowerGroup Inc. has a 52 week low of $25.15 and a 52 week high of $62.96. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $2.89 billion, a P/E ratio of 28.25 and a beta of 0.67.

ManpowerGroup (NYSE:MAN) last announced its earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.03. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. The firm had revenue of $4.86 billion for the quarter, compared to analysts’ expectations of $4.72 billion. During the same period in the prior year, the company earned ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, analysts expect that ManpowerGroup Inc. will post 3.62 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on MAN shares. The Goldman Sachs Group lifted their target price on ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a report on Friday, July 17th. Robert W. Baird increased their price target on ManpowerGroup from $45.00 to $72.00 and gave the company an “outperform” rating in a research note on Friday, July 17th. UBS Group raised their price target on ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a report on Friday, July 17th. BMO Capital Markets lifted 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. Finally, Barclays upped their price objective on ManpowerGroup from $30.00 to $47.00 and gave the stock an “equal weight” rating in a report on Monday, July 20th. Three investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $53.50.

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.