ManpowerGroup Inc. (NYSE:MAN – Get Free Report)’s share price was down 5.7% during trading on Tuesday . The stock traded as low as $34.15 and last traded at $33.86. Approximately 79,291 shares changed hands during trading, a decline of 93% from the average daily volume of 1,218,414 shares. The stock had previously closed at $35.92.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on MAN shares. Wall Street Zen lowered ManpowerGroup from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings reiterated a “sell (d)” rating on shares of ManpowerGroup in a report on Wednesday, June 24th. Robert W. Baird cut their price objective on ManpowerGroup from $50.00 to $45.00 and set an “outperform” rating on the stock in a research report on Friday, April 17th. UBS Group upped their price objective on ManpowerGroup from $29.00 to $33.00 and gave the company a “neutral” rating in a research note on Friday, April 17th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating on shares of ManpowerGroup in a research report on Friday, April 17th. Three investment 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 stock presently has an average rating of “Hold” and an average target price of $37.50.
Get Our Latest Research Report on ManpowerGroup
ManpowerGroup Trading Down 6.1%
ManpowerGroup (NYSE:MAN – Get Free Report) last issued its quarterly earnings results on Thursday, April 16th. The business services provider reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.01. The company had revenue of $4.51 billion during the quarter, compared to analyst estimates of $4.41 billion. ManpowerGroup had a negative net margin of 0.09% and a positive return on equity of 7.01%. ManpowerGroup’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.44 EPS. ManpowerGroup has set its Q2 2026 guidance at 0.910-1.050 EPS. On average, sell-side analysts expect that ManpowerGroup Inc. will post 3.66 EPS for the current year.
ManpowerGroup Dividend Announcement
The company also recently announced a dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a $0.72 dividend. 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%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. Quarry LP purchased a new stake in ManpowerGroup in the 3rd quarter worth about $25,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of ManpowerGroup in the third quarter worth about $30,000. Clearstead Advisors LLC raised its position 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 during the period. Fifth Third Bancorp raised its position 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 during the period. Finally, Allworth Financial LP lifted its stake in shares of ManpowerGroup by 69.3% during the 3rd quarter. Allworth Financial LP now owns 1,121 shares of the business services provider’s stock valued at $42,000 after buying an additional 459 shares in the last quarter. Institutional investors 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.
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