Squarepoint Ops LLC Sells 93,813 Shares of ManpowerGroup Inc. $MAN

Squarepoint Ops LLC decreased its holdings in ManpowerGroup Inc. (NYSE:MAN) by 33.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 185,805 shares of the business services provider’s stock after selling 93,813 shares during the period. Squarepoint Ops LLC’s holdings in ManpowerGroup were worth $6,275,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Nykredit A S bought a new stake in ManpowerGroup during the 2nd quarter valued at approximately $90,000. Corient Private Wealth LP grew its holdings in ManpowerGroup by 22.9% during the 2nd quarter. Corient Private Wealth LP now owns 312,609 shares of the business services provider’s stock valued at $10,557,000 after buying an additional 58,248 shares in the last quarter. Amundi bought a new stake in ManpowerGroup in the 2nd quarter worth approximately $217,000. California State Teachers Retirement System raised its holdings in shares of ManpowerGroup by 3,196.1% during the 2nd quarter. California State Teachers Retirement System now owns 2,013,570 shares of the business services provider’s stock worth $67,998,000 after acquiring an additional 1,952,481 shares in the last quarter. Finally, Syon Capital LLC raised its holdings in shares of ManpowerGroup by 113.9% during the 2nd quarter. Syon Capital LLC now owns 17,826 shares of the business services provider’s stock worth $602,000 after acquiring an additional 9,493 shares in the last quarter. Hedge funds and other institutional investors own 98.03% of the company’s stock.

ManpowerGroup Stock Performance

NYSE MAN opened at $56.41 on Friday. The company has a market cap of $2.62 billion, a P/E ratio of 25.64, a P/E/G ratio of 2.25 and a beta of 0.70. 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 $54.15 and its 200-day moving average price is $38.42. ManpowerGroup Inc. has a fifty-two week low of $25.15 and a fifty-two week high of $63.88.

ManpowerGroup (NYSE:MAN) last issued its quarterly earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 7.45% and a net margin of 0.56%.During the same period last year, the company earned ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. Sell-side analysts predict that ManpowerGroup Inc. will post 3.62 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on MAN shares. Barclays raised their target price on shares of ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a report on Monday, July 20th. Robert W. Baird increased their price objective on shares of ManpowerGroup from $45.00 to $72.00 and gave the company an “outperform” rating in a research report on Friday, July 17th. Truist Financial lifted their price objective on shares of ManpowerGroup from $34.00 to $50.00 and gave the stock a “hold” rating in a research note on Friday, July 17th. UBS Group boosted their target price on shares of ManpowerGroup from $41.00 to $55.00 and gave the stock a “neutral” rating in a report on Friday, July 17th. Finally, The Goldman Sachs Group upped their target price on shares of ManpowerGroup from $36.00 to $57.00 and gave the company a “neutral” rating in a research report on Friday, July 17th. Three equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $53.50.

ManpowerGroup Profile

ManpowerGroup Inc is a global workforce solutions and staffing company that connects organizations with skilled talent and helps individuals build careers. The company provides temporary and permanent recruitment, workforce management, talent development, career transition and outplacement services.

Its principal brands include Manpower, which focuses on staffing and workforce solutions; Experis, which specializes in information technology and professional talent; and Talent Solutions, which provides recruitment process outsourcing, talent consulting and workforce management services.