AlphaQuest LLC Raises Stake in ManpowerGroup Inc. $MAN

AlphaQuest LLC grew its holdings in shares of ManpowerGroup Inc. (NYSE:MAN) by 61,214.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,292 shares of the business services provider’s stock after acquiring an additional 4,285 shares during the quarter. AlphaQuest LLC’s holdings in ManpowerGroup were worth $173,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Invesco Ltd. grew its stake in shares of ManpowerGroup by 36.1% during the first 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 during the last quarter. Dimensional Fund Advisors LP boosted its holdings in ManpowerGroup by 1.5% during 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 acquiring an additional 38,358 shares during the period. AQR Capital Management LLC grew its position in ManpowerGroup by 10.7% during the 1st quarter. AQR Capital Management LLC now owns 2,503,668 shares of the business services provider’s stock worth $144,912,000 after acquiring an additional 241,403 shares during the last quarter. Hotchkis & Wiley Capital Management LLC grew its position in ManpowerGroup by 4.2% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 865,394 shares of the business services provider’s stock worth $50,089,000 after acquiring an additional 34,514 shares during the last quarter. Finally, ARGA Investment Management LP increased its stake in ManpowerGroup by 5.1% in the 2nd quarter. ARGA Investment Management LP now owns 616,838 shares of the business services provider’s stock worth $24,920,000 after purchasing an additional 29,790 shares during the period. Hedge funds and other institutional investors own 98.03% of the company’s stock.

ManpowerGroup Trading Down 1.8%

ManpowerGroup stock opened at $30.10 on Tuesday. ManpowerGroup Inc. has a 12 month low of $29.39 and a 12 month high of $66.50. The company has a market capitalization of $1.39 billion, a price-to-earnings ratio of -64.04 and a beta of 1.08. The business’s fifty day simple moving average is $37.42 and its two-hundred day simple moving average is $40.39. The company has a current ratio of 1.00, a quick ratio of 0.98 and a debt-to-equity ratio of 0.23.

ManpowerGroup (NYSE:MAN) last issued its earnings results on Thursday, October 16th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.60 billion. During the same quarter in the prior year, the firm posted $1.29 earnings per share. The business’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. As a group, equities analysts predict that ManpowerGroup Inc. will post 4.23 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. cut their target price on shares of ManpowerGroup from $52.00 to $42.00 and set a “neutral” rating on the stock in a report on Monday, October 20th. The Goldman Sachs Group decreased their price objective on shares of ManpowerGroup from $37.00 to $33.00 and set a “sell” rating on the stock in a research report on Friday, October 17th. Barclays lowered their price objective on shares of ManpowerGroup from $50.00 to $42.00 and set an “equal weight” rating for the company in a research note on Friday, October 17th. UBS Group cut their target price on ManpowerGroup from $40.00 to $39.00 and set a “neutral” rating on the stock in a research note on Friday, October 17th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of ManpowerGroup in a report on Wednesday, October 8th. Five investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $41.33.

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.