Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new stake in shares of ManpowerGroup Inc. (NYSE:MAN – Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 11,276 shares of the business services provider’s stock, valued at approximately $332,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Treasurer of the State of North Carolina boosted its stake in shares of ManpowerGroup by 1.4% in 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 lifted 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 period. Quarry LP grew its stake in shares of ManpowerGroup by 55.3% during the 4th quarter. Quarry LP now owns 1,034 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 368 shares during the period. Empowered Funds LLC increased its position in shares of ManpowerGroup by 3.2% during the 1st quarter. Empowered Funds LLC now owns 13,435 shares of the business services provider’s stock valued at $778,000 after purchasing an additional 414 shares during the last quarter. Finally, State of Wyoming lifted its stake in shares of ManpowerGroup by 7.6% in the 2nd quarter. State of Wyoming now owns 6,197 shares of the business services provider’s stock worth $250,000 after purchasing an additional 440 shares during the period. 98.03% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on MAN shares. The Goldman Sachs Group boosted their target price on shares of ManpowerGroup from $36.00 to $57.00 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 note on Saturday, May 16th. UBS Group upped their price objective on ManpowerGroup from $41.00 to $55.00 and gave the stock a “neutral” rating in a research note on Friday. BMO Capital Markets raised their price objective on ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of ManpowerGroup in a report on Wednesday, June 24th. 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. According to data from MarketBeat.com, ManpowerGroup has a consensus rating of “Hold” and an average target price of $51.38.
ManpowerGroup Trading Down 0.0%
Shares of MAN stock opened at $52.31 on Monday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.12 and a current ratio of 1.04. The stock has a fifty day simple moving average of $33.71 and a two-hundred day simple moving average of $31.13. The firm has a market capitalization of $2.43 billion, a PE ratio of 23.78 and a beta of 0.73. ManpowerGroup Inc. has a 52-week low of $25.15 and a 52-week high of $55.70.
ManpowerGroup (NYSE:MAN – Get Free Report) last announced 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. The business had revenue of $4.86 billion for the quarter, compared to the consensus estimate of $4.72 billion. ManpowerGroup had a return on equity of 7.45% and a net margin of 0.56%.During the same period in the previous year, the business earned ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, analysts predict that ManpowerGroup Inc. will post 3.66 EPS for the current fiscal year.
ManpowerGroup Announces Dividend
The firm also recently declared a dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a $0.72 dividend. This represents a yield of 437.0%. The ex-dividend date was Monday, June 1st. ManpowerGroup’s dividend payout ratio is presently 65.45%.
Key Stories 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
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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