ManpowerGroup Inc. (NYSE:MAN) Receives Average Recommendation of “Hold” from Analysts

Shares of ManpowerGroup Inc. (NYSE:MAN) have earned a consensus recommendation of “Hold” from the nine research firms that are currently covering the stock, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $53.50.

Several analysts have recently weighed in on the stock. The Goldman Sachs Group raised their price objective 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. Barclays increased their target price on ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a research note on Monday, July 20th. Robert W. Baird raised their price target on 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 target on ManpowerGroup from $34.00 to $50.00 and gave the stock a “hold” rating in a research note on Friday, July 17th. Finally, Wall Street Zen upgraded ManpowerGroup from a “hold” rating to a “buy” rating in a report on Saturday, August 15th.

Institutional Trading of ManpowerGroup

A number of hedge funds have recently bought and sold shares of MAN. Y Intercept Hong Kong Ltd boosted its stake in shares of 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 purchasing an additional 116,071 shares in the last quarter. State of New Jersey Common Pension Fund D grew 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 purchased a new position in ManpowerGroup in the 1st quarter worth $1,180,000. Assenagon Asset Management S.A. purchased a new position in ManpowerGroup in the 2nd quarter worth $4,323,000. Finally, First Trust Advisors LP lifted its stake in ManpowerGroup by 291.3% in the first quarter. First Trust Advisors LP now owns 112,648 shares of the business services provider’s stock worth $3,319,000 after purchasing an additional 83,858 shares during the last quarter. Institutional investors own 98.03% of the company’s stock.

ManpowerGroup Stock Down 0.3%

Shares of NYSE MAN opened at $59.30 on Thursday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.27. The business has a 50-day moving average of $45.33 and a 200-day moving average of $35.10. The firm has a market capitalization of $2.76 billion, a price-to-earnings ratio of 26.96 and a beta of 0.67. ManpowerGroup has a 12 month low of $25.15 and a 12 month high of $60.97.

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