Advisors Asset Management Inc. Acquires 15,206 Shares of ManpowerGroup Inc. $MAN

Advisors Asset Management Inc. increased its holdings in ManpowerGroup Inc. (NYSE:MAN) by 11.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 152,333 shares of the business services provider’s stock after purchasing an additional 15,206 shares during the quarter. Advisors Asset Management Inc. owned approximately 0.33% of ManpowerGroup worth $6,154,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. CW Advisors LLC raised its position in ManpowerGroup by 4.1% during the 1st quarter. CW Advisors LLC now owns 6,953 shares of the business services provider’s stock worth $402,000 after purchasing an additional 273 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of ManpowerGroup by 11.3% during the second quarter. PNC Financial Services Group Inc. now owns 2,756 shares of the business services provider’s stock worth $111,000 after acquiring an additional 280 shares during the last quarter. Huntington National Bank raised its position in shares of ManpowerGroup by 41.6% during the second quarter. Huntington National Bank now owns 997 shares of the business services provider’s stock worth $40,000 after acquiring an additional 293 shares during the last quarter. SummerHaven Investment Management LLC lifted its stake in shares of ManpowerGroup by 3.0% in the second quarter. SummerHaven Investment Management LLC now owns 12,003 shares of the business services provider’s stock worth $485,000 after acquiring an additional 346 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in ManpowerGroup by 3.6% in the second quarter. Cetera Investment Advisers now owns 10,096 shares of the business services provider’s stock valued at $408,000 after acquiring an additional 348 shares during the last quarter. 98.03% of the stock is currently owned by institutional investors and hedge funds.

ManpowerGroup Trading Up 0.7%

Shares of ManpowerGroup stock opened at $28.51 on Thursday. The stock has a market capitalization of $1.32 billion, a PE ratio of -60.66 and a beta of 1.06. ManpowerGroup Inc. has a 52 week low of $26.14 and a 52 week high of $65.10. The stock has a 50 day moving average price of $33.46 and a two-hundred day moving average price of $38.83. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.98 and a current ratio of 1.00.

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 analysts’ consensus estimates of $0.81 by $0.02. ManpowerGroup had a positive return on equity of 7.02% and a negative net margin of 0.12%.The company had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.60 billion. During the same period last year, the business earned $1.29 EPS. ManpowerGroup’s quarterly revenue was up 2.3% compared to the same quarter last year. ManpowerGroup has set its Q4 2025 guidance at 0.780-0.88 EPS. As a group, equities analysts anticipate that ManpowerGroup Inc. will post 4.23 earnings per share for the current fiscal year.

ManpowerGroup Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be paid a $0.72 dividend. This represents a dividend yield of 521.0%. The ex-dividend date of this dividend is Monday, December 1st. ManpowerGroup’s dividend payout ratio (DPR) is -306.38%.

Wall Street Analyst Weigh In

MAN has been the topic of a number of recent analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of ManpowerGroup in a research report on Tuesday. Truist Financial lowered their target price on shares of ManpowerGroup from $48.00 to $44.00 and set a “hold” rating for the company in a research note on Monday, October 13th. UBS Group cut their price target on shares of ManpowerGroup from $40.00 to $39.00 and set a “neutral” rating on the stock in a research report on Friday, October 17th. Barclays lowered their price objective on ManpowerGroup from $50.00 to $42.00 and set an “equal weight” rating for the company in a research report on Friday, October 17th. Finally, The Goldman Sachs Group cut their target price on ManpowerGroup from $33.00 to $29.00 and set a “sell” rating on the stock in a research report on Friday, November 21st. Five analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, ManpowerGroup has a consensus rating of “Reduce” and an average price target of $40.67.

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.