ManpowerGroup Inc. $MAN Shares Purchased by State of Alaska Department of Revenue

State of Alaska Department of Revenue lifted its holdings in ManpowerGroup Inc. (NYSE:MAN) by 700.1% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 43,205 shares of the business services provider’s stock after purchasing an additional 37,805 shares during the period. State of Alaska Department of Revenue owned approximately 0.09% of ManpowerGroup worth $1,745,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. acquired a new position in shares of ManpowerGroup in the first quarter valued at approximately $30,000. Fifth Third Bancorp grew its holdings 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 valued at $43,000 after purchasing an additional 243 shares in the last quarter. GAMMA Investing LLC grew its holdings 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 valued at $43,000 after purchasing an additional 488 shares in the last quarter. UMB Bank n.a. grew its holdings 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 valued at $52,000 after purchasing an additional 511 shares in the last quarter. Finally, WFA Asset Management Corp grew its holdings in shares of ManpowerGroup by 129.3% in 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 in the last quarter. Institutional investors and hedge funds own 98.03% of the company’s stock.

ManpowerGroup Price Performance

Shares of NYSE:MAN opened at $39.16 on Friday. The company’s fifty day moving average price is $40.13 and its 200 day moving average price is $43.45. ManpowerGroup Inc. has a 12 month low of $36.96 and a 12 month high of $75.17. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a market capitalization of $1.81 billion, a P/E ratio of -103.04 and a beta of 1.08.

ManpowerGroup (NYSE:MAN) last announced its quarterly earnings results on Thursday, July 17th. The business services provider reported $0.78 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $4.52 billion for the quarter, compared to analyst estimates of $4.34 billion. During the same period last year, the business earned $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. As a group, sell-side analysts predict that ManpowerGroup Inc. will post 4.23 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. UBS Group lifted their price objective on shares of ManpowerGroup from $42.00 to $45.00 and gave the company a “neutral” rating in a report on Monday, July 14th. Weiss Ratings restated a “sell (d+)” rating on shares of ManpowerGroup in a report on Saturday, September 27th. Finally, Wall Street Zen raised shares of ManpowerGroup from a “sell” rating to a “hold” rating in a research report on Friday, June 27th. Five investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, ManpowerGroup presently has an average rating of “Reduce” and a consensus price target 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.