ManpowerGroup (NYSE:MAN – Get Free Report) had its price target cut by research analysts at UBS Group from $40.00 to $39.00 in a report released on Friday, Marketbeat Ratings reports. The firm presently has a “neutral” rating on the business services provider’s stock. UBS Group’s price objective suggests a potential upside of 16.00% from the stock’s current price.
MAN has been the topic of a number of other reports. The Goldman Sachs Group dropped their target price on ManpowerGroup from $37.00 to $33.00 and set a “sell” rating on the stock in a research report on Friday. Barclays dropped their target price on ManpowerGroup from $50.00 to $42.00 and set an “equal weight” rating on the stock in a research report on Friday. Wall Street Zen upgraded ManpowerGroup from a “sell” rating to a “hold” rating in a research report on Friday, June 27th. Truist Financial dropped their target price on ManpowerGroup from $48.00 to $44.00 and set a “hold” rating on the stock in a research report on Monday, October 13th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of ManpowerGroup in a research report on Wednesday, October 8th. Five investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $42.67.
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ManpowerGroup Price Performance
ManpowerGroup (NYSE:MAN – Get Free Report) last posted its quarterly earnings results on Thursday, October 16th. The business services provider reported $0.83 EPS for the quarter, beating the consensus estimate of $0.81 by $0.02. ManpowerGroup had a negative net margin of 0.12% and a positive return on equity of 7.02%. The company had revenue of $4.63 billion for the quarter, compared to analyst estimates of $4.60 billion. During the same period in the prior year, the company earned $1.29 earnings per share. The firm’s revenue was up 2.3% on a year-over-year basis. ManpowerGroup has set its Q4 2025 guidance at 0.780-0.88 EPS. Research analysts expect that ManpowerGroup will post 4.23 EPS for the current year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Invesco Ltd. lifted its stake in ManpowerGroup by 36.1% in the 1st quarter. Invesco Ltd. now owns 2,608,221 shares of the business services provider’s stock valued at $150,964,000 after buying an additional 691,678 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in ManpowerGroup by 1.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,532,196 shares of the business services provider’s stock valued at $146,564,000 after buying an additional 38,358 shares in the last quarter. AQR Capital Management LLC lifted its stake in ManpowerGroup by 10.7% in the 1st quarter. AQR Capital Management LLC now owns 2,503,668 shares of the business services provider’s stock valued at $144,912,000 after buying an additional 241,403 shares in the last quarter. Schroder Investment Management Group lifted its stake in ManpowerGroup by 48.2% in the 2nd quarter. Schroder Investment Management Group now owns 1,778,578 shares of the business services provider’s stock valued at $71,855,000 after buying an additional 578,843 shares in the last quarter. Finally, Balyasny Asset Management L.P. raised its holdings in ManpowerGroup by 696.9% in the 2nd quarter. Balyasny Asset Management L.P. now owns 991,063 shares of the business services provider’s stock valued at $40,039,000 after acquiring an additional 866,693 shares during the last quarter. 98.03% of the stock is owned by hedge funds and other institutional investors.
ManpowerGroup Company 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.
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