ManpowerGroup (NYSE:MAN) Sets New 52-Week High Following Better-Than-Expected Earnings

ManpowerGroup Inc. (NYSE:MANGet Free Report) hit a new 52-week high during trading on Thursday following a stronger than expected earnings report. The stock traded as high as $51.10 and last traded at $49.6930, with a volume of 712093 shares. The stock had previously closed at $39.02.

The business services provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.03. ManpowerGroup had a return on equity of 7.45% and a net margin of 0.56%.The company had revenue of $4.86 billion for the quarter, compared to analyst estimates of $4.72 billion. During the same period in the prior year, the firm earned ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS.

ManpowerGroup Dividend Announcement

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

More ManpowerGroup News

Here are the key news stories impacting ManpowerGroup this week:

Wall Street Analyst Weigh In

MAN has been the topic of a number of recent research reports. Barclays dropped their price objective on shares of ManpowerGroup from $35.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Monday, April 13th. Truist Financial upped their target price on shares of ManpowerGroup from $34.00 to $50.00 and gave the stock a “hold” rating in a report on Friday. UBS Group raised their price target on shares of ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a research report on Friday. Wall Street Zen cut shares of ManpowerGroup from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Robert W. Baird lifted their price target on ManpowerGroup from $45.00 to $72.00 and gave the company an “outperform” rating in a research note on Friday. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, ManpowerGroup currently has a consensus rating of “Hold” and an average target price of $51.38.

View Our Latest Report on ManpowerGroup

Hedge Funds Weigh In On ManpowerGroup

A number of hedge funds have recently bought and sold shares of MAN. AQR Capital Management LLC raised its holdings in shares of ManpowerGroup by 60.3% in the third quarter. AQR Capital Management LLC now owns 3,704,326 shares of the business services provider’s stock valued at $140,394,000 after purchasing an additional 1,393,622 shares during the last quarter. Schroder Investment Management Group lifted its position in shares of ManpowerGroup by 24.6% during the fourth quarter. Schroder Investment Management Group now owns 2,247,476 shares of the business services provider’s stock valued at $66,817,000 after purchasing an additional 443,790 shares in the last quarter. Quantinno Capital Management LP boosted its holdings in ManpowerGroup by 235.8% during the first quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider’s stock worth $52,850,000 after purchasing an additional 1,259,752 shares during the last quarter. State Street Corp boosted its holdings in ManpowerGroup by 2.0% during the fourth quarter. State Street Corp now owns 1,616,447 shares of the business services provider’s stock worth $48,057,000 after purchasing an additional 31,749 shares during the last quarter. Finally, Millennium Management LLC grew its position in ManpowerGroup by 77.3% in the 4th quarter. Millennium Management LLC now owns 1,525,936 shares of the business services provider’s stock worth $45,366,000 after purchasing an additional 665,135 shares in the last quarter. 98.03% of the stock is owned by hedge funds and other institutional investors.

ManpowerGroup Stock Up 1.3%

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 firm has a market capitalization of $2.43 billion, a P/E ratio of 23.78 and a beta of 0.73. The stock’s 50-day simple moving average is $33.71 and its 200-day simple moving average is $31.12.

ManpowerGroup Company Profile

(Get Free Report)

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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