ManpowerGroup (NYSE:MAN) Trading Up 10.2% – Here’s Why

ManpowerGroup Inc. (NYSE:MAN)’s stock price was up 10.2% during mid-day trading on Friday . The stock traded as high as $36.44 and last traded at $37.2450. 269,309 shares were traded during trading, a decline of 77% from the average daily volume of 1,167,937 shares. The stock had previously closed at $33.81.

Wall Street Analyst Weigh In

Several brokerages have weighed in on MAN. Weiss Ratings reissued a “sell (d)” rating on shares of ManpowerGroup in a report on Wednesday. Robert W. Baird decreased their price objective on shares of ManpowerGroup from $50.00 to $45.00 and set an “outperform” rating for the company in a research report on Friday, April 17th. Wall Street Zen cut shares of ManpowerGroup from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. The Goldman Sachs Group restated a “neutral” rating on shares of ManpowerGroup in a research note on Friday, April 17th. Finally, UBS Group raised their price target on shares of ManpowerGroup from $29.00 to $33.00 and gave the stock a “neutral” rating in a report on Friday, April 17th. Three research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $37.50.

ManpowerGroup Stock Up 7.1%

The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.50. The business’s 50-day simple moving average is $30.87 and its 200-day simple moving average is $29.99. The company has a market capitalization of $1.68 billion, a PE ratio of -97.86 and a beta of 0.75.

ManpowerGroup (NYSE:MAN) last released its quarterly earnings data on Thursday, April 16th. The business services provider reported $0.51 EPS for the quarter, beating the consensus estimate of $0.50 by $0.01. ManpowerGroup had a negative net margin of 0.09% and a positive return on equity of 7.01%. The business had revenue of $4.51 billion for the quarter, compared to the consensus estimate of $4.41 billion. During the same period in the prior year, the firm earned $0.44 EPS. The business’s revenue for the quarter 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 research analysts anticipate that ManpowerGroup Inc. will post 3.66 EPS for the current fiscal year.

ManpowerGroup Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a dividend of $0.72 per share. This represents a yield of 437.0%. The ex-dividend date of this dividend was Monday, June 1st. ManpowerGroup’s dividend payout ratio (DPR) is currently -389.19%.

Hedge Funds Weigh In On ManpowerGroup

Several institutional investors and hedge funds have recently modified their holdings of MAN. Militia Capital Management LLC acquired a new stake in ManpowerGroup during the first quarter worth about $686,000. Bank of America Corp DE lifted its holdings in ManpowerGroup by 31.6% in the first quarter. Bank of America Corp DE now owns 375,714 shares of the business services provider’s stock valued at $11,069,000 after acquiring an additional 90,121 shares during the period. RBF Capital LLC lifted its holdings in ManpowerGroup by 1.0% in the first quarter. RBF Capital LLC now owns 475,017 shares of the business services provider’s stock valued at $13,994,000 after acquiring an additional 4,934 shares during the period. EverSource Wealth Advisors LLC boosted its position in ManpowerGroup by 55.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,021 shares of the business services provider’s stock worth $89,000 after purchasing an additional 1,074 shares in the last quarter. Finally, California State Teachers Retirement System boosted its position in ManpowerGroup by 38.9% in the 1st quarter. California State Teachers Retirement System now owns 61,089 shares of the business services provider’s stock worth $1,800,000 after purchasing an additional 17,099 shares in the last quarter. Institutional investors and hedge funds own 98.03% of the company’s stock.

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.