Nordea Investment Management AB Grows Position in ManpowerGroup Inc. $MAN

Nordea Investment Management AB boosted its stake in shares of ManpowerGroup Inc. (NYSE:MAN) by 1.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 85,162 shares of the business services provider’s stock after purchasing an additional 1,272 shares during the period. Nordea Investment Management AB owned about 0.18% of ManpowerGroup worth $3,458,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. bought a new stake in ManpowerGroup during the first quarter valued at about $30,000. GAMMA Investing LLC raised its holdings in ManpowerGroup by 190.6% during the first quarter. GAMMA Investing LLC now owns 744 shares of the business services provider’s stock valued at $43,000 after acquiring an additional 488 shares during the period. Caption Management LLC bought a new stake in ManpowerGroup during the first quarter valued at about $123,000. Covestor Ltd raised its holdings in ManpowerGroup by 28.8% during the first quarter. Covestor Ltd now owns 3,073 shares of the business services provider’s stock valued at $178,000 after acquiring an additional 688 shares during the period. Finally, Kaufman Rossin Wealth LLC bought a new stake in ManpowerGroup during the first quarter valued at about $218,000. 98.03% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have commented on MAN. Wall Street Zen raised ManpowerGroup from a “sell” rating to a “hold” rating in a report on Friday, June 27th. Weiss Ratings reissued a “sell (d+)” rating on shares of ManpowerGroup in a report on Wednesday, October 8th. UBS Group decreased their price target on ManpowerGroup from $40.00 to $39.00 and set a “neutral” rating on the stock in a report on Friday, October 17th. Barclays decreased their price target on ManpowerGroup from $50.00 to $42.00 and set an “equal weight” rating on the stock in a report on Friday. Finally, The Goldman Sachs Group reduced their target price on ManpowerGroup from $37.00 to $33.00 and set a “sell” rating on the stock in a report on Friday. Five equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $41.33.

ManpowerGroup Trading Up 1.3%

Shares of MAN stock opened at $34.38 on Wednesday. ManpowerGroup Inc. has a 12-month low of $33.26 and a 12-month high of $66.50. The company has a current ratio of 1.00, a quick ratio of 0.98 and a debt-to-equity ratio of 0.23. The stock’s 50-day moving average price is $39.28 and its 200-day moving average price is $41.62. The stock has a market capitalization of $1.59 billion, a price-to-earnings ratio of -73.14 and a beta of 1.08.

ManpowerGroup (NYSE:MAN) last issued its earnings results on Thursday, October 16th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.02. The firm had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.60 billion. ManpowerGroup had a positive return on equity of 7.02% and a negative net margin of 0.12%.The business’s revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.29 earnings per share. ManpowerGroup has set its Q4 2025 guidance at 0.780-0.88 EPS. Equities research analysts predict that ManpowerGroup Inc. will post 4.23 EPS for the current fiscal year.

About ManpowerGroup

ManpowerGroup Inc provides workforce solutions and services worldwide. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career and talent management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives.