ManpowerGroup (NYSE:MAN) Price Target Raised to $72.00 at Robert W. Baird

ManpowerGroup (NYSE:MAN) had its target price increased by Robert W. Baird from $45.00 to $72.00 in a report released on Friday morning, MarketBeat Ratings reports. Robert W. Baird currently has an outperform rating on the business services provider’s stock.

A number of other brokerages have also weighed in on MAN. The Goldman Sachs Group restated a “neutral” rating on shares of ManpowerGroup in a report on Friday, April 17th. Wall Street Zen cut shares of ManpowerGroup from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Barclays lowered their price target on shares of ManpowerGroup from $35.00 to $30.00 and set an “equal weight” rating on the stock in a research report on Monday, April 13th. UBS Group upped their price objective on shares of ManpowerGroup from $33.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday. Finally, Truist Financial decreased their target price on shares of ManpowerGroup from $38.00 to $34.00 and set a “hold” rating on the stock in a research note on Friday, April 17th. Three analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $51.38.

ManpowerGroup Price Performance

Shares of NYSE:MAN opened at $52.31 on Friday. ManpowerGroup has a twelve month low of $25.15 and a twelve month high of $55.70. The company has a current ratio of 1.04, a quick ratio of 1.12 and a debt-to-equity ratio of 0.27. The company has a market cap of $2.43 billion, a PE ratio of 23.78 and a beta of 0.73. The company’s 50 day moving average is $33.71 and its 200 day moving average is $31.12.

ManpowerGroup (NYSE:MAN) last released its quarterly earnings data on Thursday, July 16th. The business services provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.96 by $0.03. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. The business had revenue of $4.86 billion for the quarter, compared to the consensus estimate of $4.72 billion. During the same period in the prior year, the firm earned ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, sell-side analysts forecast that ManpowerGroup will post 3.66 EPS for the current year.

ManpowerGroup Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a dividend of $0.72 per share. This represents a dividend yield of 437.0%. The ex-dividend date was Monday, June 1st. ManpowerGroup’s payout ratio is presently -389.19%.

Institutional Trading of ManpowerGroup

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Baird Financial Group Inc. purchased a new stake in shares of ManpowerGroup during the 1st quarter worth approximately $219,000. Goldman Sachs Group Inc. boosted its position in shares of ManpowerGroup by 12.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 347,423 shares of the business services provider’s stock worth $20,109,000 after buying an additional 38,710 shares in the last quarter. Empowered Funds LLC boosted its position in shares of ManpowerGroup by 3.2% in the 1st quarter. Empowered Funds LLC now owns 13,435 shares of the business services provider’s stock worth $778,000 after buying an additional 414 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in ManpowerGroup by 9.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 161,104 shares of the business services provider’s stock valued at $9,325,000 after acquiring an additional 13,906 shares during the last quarter. Finally, Focus Partners Wealth acquired a new stake in ManpowerGroup in the 1st quarter valued at about $348,000. Institutional investors and hedge funds own 98.03% of the company’s stock.

ManpowerGroup News Summary

Here are the key news stories impacting ManpowerGroup this week:

• Positive Sentiment: ManpowerGroup reported Q2 EPS of $0.99, topping estimates of $0.96, while revenue of about $4.86 billion also beat expectations. Results improved year over year, helped by stronger demand across multiple regions and tighter cost control. ManpowerGroup Reports 2nd Quarter 2026 Results
• Positive Sentiment: The company guided Q3 EPS to $0.96-$1.06, which brackets or slightly exceeds Street expectations, reinforcing confidence that recent operating momentum can continue. ManpowerGroup forecasts Q3 EPS of $0.96-$1.06 as it targets $200M in 2028 cost savings
• Positive Sentiment: Analysts raised price targets after the beat, including Robert W. Baird boosting its target to $72 from $45 and maintaining an outperform rating, signaling improved Wall Street sentiment. ManpowerGroup Analysts Boost Their Forecasts After Strong Q2 Results
• Neutral Sentiment: Truist also raised its target to $50 from $34 but kept a hold rating, suggesting the stock may be fairly valued after the rally even as expectations improve. Benzinga/The Fly report on Truist price target update

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.