Northwestern Mutual Wealth Management Co. purchased a new stake in ManpowerGroup Inc. (NYSE:MAN – Free Report) during the first quarter, according to its most recent filing with the SEC. The fund purchased 523 shares of the business services provider’s stock, valued at approximately $30,000.
A number of other institutional investors and hedge funds also recently bought and sold shares of MAN. CW Advisors LLC grew its stake in shares of ManpowerGroup by 4.1% in the 1st quarter. CW Advisors LLC now owns 6,953 shares of the business services provider’s stock worth $402,000 after buying an additional 273 shares in the last quarter. Kaufman Rossin Wealth LLC purchased a new position in shares of ManpowerGroup during the 1st quarter worth about $218,000. Northern Trust Corp boosted its stake in shares of ManpowerGroup by 3.2% during the 1st quarter. Northern Trust Corp now owns 451,503 shares of the business services provider’s stock worth $26,133,000 after purchasing an additional 14,008 shares during the period. Algert Global LLC boosted its stake in shares of ManpowerGroup by 234.3% during the 1st quarter. Algert Global LLC now owns 14,467 shares of the business services provider’s stock worth $837,000 after purchasing an additional 10,140 shares during the period. Finally, American Century Companies Inc. boosted its stake in shares of ManpowerGroup by 25.2% during the 1st quarter. American Century Companies Inc. now owns 47,641 shares of the business services provider’s stock worth $2,757,000 after purchasing an additional 9,586 shares during the period. 98.03% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several research firms have recently commented on MAN. Wall Street Zen upgraded shares of ManpowerGroup from a “sell” rating to a “hold” rating in a report on Friday, June 27th. UBS Group boosted their price objective on shares of ManpowerGroup from $42.00 to $45.00 and gave the stock a “neutral” rating in a research note on Monday, July 14th. Five investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $48.20.
ManpowerGroup Trading Down 0.1%
NYSE MAN opened at $41.27 on Monday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.24. The firm has a market cap of $1.91 billion, a PE ratio of -108.59 and a beta of 1.08. The company has a 50 day moving average price of $42.34 and a 200 day moving average price of $46.06. ManpowerGroup Inc. has a 52 week low of $37.97 and a 52 week high of $75.57.
ManpowerGroup (NYSE:MAN – Get Free Report) last issued its quarterly earnings results on Thursday, July 17th. The business services provider reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.09. ManpowerGroup had a positive return on equity of 7.98% and a negative net margin of 0.09%.The business had revenue of $4.52 billion for the quarter, compared to analyst estimates of $4.34 billion. During the same quarter in the previous year, the firm earned $1.30 earnings per share. The company’s revenue was down .5% on a year-over-year basis. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. As a group, sell-side analysts forecast that ManpowerGroup Inc. will post 4.23 EPS for the current fiscal year.
About ManpowerGroup
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.
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