Cwm LLC raised its holdings in shares of ManpowerGroup Inc. (NYSE:MAN – Free Report) by 415.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 86,210 shares of the business services provider’s stock after purchasing an additional 69,492 shares during the quarter. Cwm LLC owned 0.19% of ManpowerGroup worth $3,267,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of MAN. Northwestern Mutual Wealth Management Co. bought a new position in ManpowerGroup during the 1st quarter worth approximately $30,000. Allworth Financial LP grew its position in shares of ManpowerGroup by 321.7% during the second quarter. Allworth Financial LP now owns 662 shares of the business services provider’s stock worth $27,000 after acquiring an additional 505 shares during the last quarter. GAMMA Investing LLC grew its position in ManpowerGroup by 103.3% in the 3rd quarter. GAMMA Investing LLC now owns 799 shares of the business services provider’s stock worth $30,000 after purchasing an additional 406 shares during the last quarter. Huntington National Bank increased its position in ManpowerGroup by 41.6% in the 2nd quarter. Huntington National Bank now owns 997 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 293 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of ManpowerGroup by 177.5% during the second quarter. EverSource Wealth Advisors LLC now owns 1,773 shares of the business services provider’s stock valued at $72,000 after purchasing an additional 1,134 shares during the period. Institutional investors own 98.03% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts recently commented on the company. JPMorgan Chase & Co. dropped their target price on 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 ManpowerGroup from $33.00 to $29.00 and set a “sell” rating for the company in a research report on Friday, November 21st. BMO Capital Markets upgraded shares of ManpowerGroup from a “market perform” rating to an “outperform” rating and set a $44.00 price target on the stock in a report on Thursday, December 18th. Truist Financial dropped their price objective on ManpowerGroup from $48.00 to $44.00 and set a “hold” rating on the stock in a report on Monday, October 13th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of ManpowerGroup in a research report on Monday. One analyst has rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $40.00.
ManpowerGroup Price Performance
Shares of MAN stock opened at $29.73 on Friday. The company has a market capitalization of $1.38 billion, a P/E ratio of -63.25 and a beta of 0.88. ManpowerGroup Inc. has a 12 month low of $26.14 and a 12 month high of $63.35. The stock has a 50 day moving average of $29.17 and a two-hundred day moving average of $36.47. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.23.
ManpowerGroup (NYSE:MAN – Get Free Report) last announced its quarterly earnings results on Thursday, October 16th. The business services provider reported $0.83 earnings per share (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 firm had revenue of $4.63 billion for the quarter, compared to analyst estimates of $4.60 billion. During the same quarter in the previous year, the firm posted $1.29 EPS. The business’s revenue for the quarter 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 expect that ManpowerGroup Inc. will post 4.23 EPS for the current year.
ManpowerGroup Dividend Announcement
The business also recently declared a dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were given a $0.72 dividend. This represents a yield of 505.0%. The ex-dividend date was Monday, December 1st. ManpowerGroup’s dividend payout ratio is -306.38%.
About ManpowerGroup
ManpowerGroup (NYSE: MAN) is a global leader in workforce solutions, offering a broad spectrum of staffing and talent management services. Founded in 1948 and headquartered in Milwaukee, Wisconsin, the company has grown from a temporary staffing firm to a diversified provider of workforce consultancy, recruitment, and outsourcing services. ManpowerGroup is publicly traded on the New York Stock Exchange under the ticker MAN.
The company’s service offerings are organized into four principal brands.
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