Pallas Capital Advisors LLC Sells 8,601 Shares of ManpowerGroup Inc. $MAN

Pallas Capital Advisors LLC reduced its stake in shares of ManpowerGroup Inc. (NYSE:MAN) by 50.3% in the second quarter, according to its most recent filing with the SEC. The fund owned 8,489 shares of the business services provider’s stock after selling 8,601 shares during the period. Pallas Capital Advisors LLC’s holdings in ManpowerGroup were worth $343,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in MAN. Northwestern Mutual Wealth Management Co. purchased a new position in shares of ManpowerGroup in the first quarter valued at about $30,000. Fifth Third Bancorp lifted its stake 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 buying an additional 243 shares in the last quarter. GAMMA Investing LLC lifted its stake 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 buying an additional 488 shares in the last quarter. UMB Bank n.a. lifted its stake 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 buying an additional 511 shares in the last quarter. Finally, WFA Asset Management Corp lifted its position in ManpowerGroup by 129.3% during the first quarter. WFA Asset Management Corp now owns 1,376 shares of the business services provider’s stock valued at $80,000 after purchasing an additional 776 shares during the period. 98.03% of the stock is owned by institutional investors.

ManpowerGroup Stock Down 1.9%

Shares of ManpowerGroup stock opened at $37.36 on Monday. The firm’s 50 day moving average price is $41.26 and its 200-day moving average price is $44.76. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.24. ManpowerGroup Inc. has a 52-week low of $36.96 and a 52-week high of $75.39. The company has a market cap of $1.73 billion, a P/E ratio of -98.31 and a beta of 1.08.

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

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on MAN shares. Wall Street Zen upgraded shares of ManpowerGroup from a “sell” rating to a “hold” rating in a research report on Friday, June 27th. UBS Group raised their target price on shares of ManpowerGroup from $42.00 to $45.00 and gave the company a “neutral” rating in a research note on Monday, July 14th. Five analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $48.20.

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.