ManpowerGroup (NYSE:MAN) Shares Up 7% on Earnings Beat

ManpowerGroup Inc. (NYSE:MAN)’s share price traded up 7% during mid-day trading on Friday following a stronger than expected earnings report. The company traded as high as $54.98 and last traded at $55.2660. 380,578 shares changed hands during trading, a decline of 69% from the average daily volume of 1,245,919 shares. The stock had previously closed at $51.65.

The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $4.72 billion. During the same period in the previous year, the firm posted ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS.

ManpowerGroup Announces Dividend

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

Key Headlines Impacting ManpowerGroup

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

Analyst Ratings Changes

MAN has been the subject of several recent research reports. Wall Street Zen downgraded ManpowerGroup from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of ManpowerGroup in a research note on Wednesday, June 24th. The Goldman Sachs Group lifted their target price on shares of ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a research note on Friday. UBS Group upped their target price on shares of ManpowerGroup from $41.00 to $55.00 and gave the stock a “neutral” rating in a report on Friday. Finally, Robert W. Baird increased their target price on shares of ManpowerGroup from $45.00 to $72.00 and gave the company an “outperform” rating in a research report on Friday. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $51.38.

Institutional Investors Weigh In On ManpowerGroup

Large investors have recently made changes to their positions in the stock. Treasurer of the State of North Carolina raised its position in ManpowerGroup by 1.4% during the 2nd quarter. Treasurer of the State of North Carolina now owns 21,513 shares of the business services provider’s stock worth $869,000 after buying an additional 296 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of 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 in the last quarter. Quarry LP boosted its holdings in shares of ManpowerGroup by 55.3% in the fourth quarter. Quarry LP now owns 1,034 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 368 shares in the last quarter. Empowered Funds LLC increased its stake in shares of ManpowerGroup by 3.2% during the first quarter. Empowered Funds LLC now owns 13,435 shares of the business services provider’s stock worth $778,000 after acquiring an additional 414 shares during the period. Finally, State of Wyoming increased its stake in shares of ManpowerGroup by 7.6% during the second quarter. State of Wyoming now owns 6,197 shares of the business services provider’s stock worth $250,000 after acquiring an additional 440 shares during the period. 98.03% of the stock is currently owned by hedge funds and other institutional investors.

ManpowerGroup Trading Up 1.3%

The firm has a market capitalization of $2.43 billion, a price-to-earnings ratio of 23.78 and a beta of 0.73. The business’s 50 day moving average price is $33.71 and its 200-day moving average price is $31.12. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.04 and a quick ratio of 1.12.

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.