Wellington Management Group LLP Sells 22,218 Shares of ManpowerGroup Inc. $MAN

Wellington Management Group LLP cut its stake in shares of ManpowerGroup Inc. (NYSE:MAN) by 72.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,358 shares of the business services provider’s stock after selling 22,218 shares during the period. Wellington Management Group LLP’s holdings in ManpowerGroup were worth $484,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of MAN. Colonial Trust Co SC bought a new position in shares of ManpowerGroup in the fourth quarter worth approximately $28,000. Fifth Third Bancorp increased its position in shares of ManpowerGroup by 48.6% in the first quarter. Fifth Third Bancorp now owns 743 shares of the business services provider’s stock worth $43,000 after purchasing an additional 243 shares during the last quarter. GAMMA Investing LLC increased its position in shares of ManpowerGroup by 190.6% in the first quarter. GAMMA Investing LLC now owns 744 shares of the business services provider’s stock worth $43,000 after purchasing an additional 488 shares during the last quarter. UMB Bank n.a. increased its position in shares of ManpowerGroup by 131.7% in the first quarter. UMB Bank n.a. now owns 899 shares of the business services provider’s stock worth $52,000 after purchasing an additional 511 shares during the last quarter. Finally, WFA Asset Management Corp boosted its stake in ManpowerGroup by 129.3% in the first quarter. WFA Asset Management Corp now owns 1,376 shares of the business services provider’s stock worth $80,000 after buying an additional 776 shares in the last quarter. 98.03% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

MAN has been the subject of several research reports. UBS Group upped their target price on ManpowerGroup from $42.00 to $45.00 and gave the stock a “neutral” rating in a research note on Monday, July 14th. Wall Street Zen raised ManpowerGroup from a “sell” rating to a “hold” rating in a research note on Friday, June 27th. Five analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, ManpowerGroup currently has an average rating of “Hold” and a consensus price target of $48.20.

ManpowerGroup Stock Performance

NYSE:MAN opened at $42.36 on Tuesday. The firm has a market cap of $1.96 billion, a PE ratio of -111.47 and a beta of 1.08. ManpowerGroup Inc. has a fifty-two week low of $37.97 and a fifty-two week high of $75.57. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.98 and a current ratio of 0.98. The business has a 50 day moving average price of $42.26 and a 200-day moving average price of $46.45.

ManpowerGroup (NYSE:MAN) last released its quarterly earnings data on Thursday, July 17th. The business services provider reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.09. The firm had revenue of $4.52 billion during the quarter, compared to analyst estimates of $4.34 billion. ManpowerGroup had a positive return on equity of 7.98% and a negative net margin of 0.09%.The business’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.30 earnings per share. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. Equities research analysts predict that ManpowerGroup Inc. will post 4.23 earnings per share for the current year.

ManpowerGroup Profile

ManpowerGroup Inc provides workforce solutions and services worldwide. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career and talent management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives.