Vise Technologies Inc. Buys New Holdings in ManpowerGroup Inc. $MAN

Vise Technologies Inc. purchased a new position in shares of ManpowerGroup Inc. (NYSE:MAN) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 5,538 shares of the business services provider’s stock, valued at approximately $224,000.

Other hedge funds also recently made changes to their positions in the company. Allworth Financial LP increased its holdings in shares of ManpowerGroup by 321.7% during the 2nd quarter. Allworth Financial LP now owns 662 shares of the business services provider’s stock worth $27,000 after acquiring an additional 505 shares during the last quarter. CSM Advisors LLC bought a new position in ManpowerGroup during the second quarter worth $2,155,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in ManpowerGroup during the second quarter worth $793,000. Fox Run Management L.L.C. acquired a new position in shares of ManpowerGroup in the second quarter valued at $347,000. Finally, Huntington National Bank raised its position in shares of ManpowerGroup by 41.6% in the second quarter. Huntington National Bank now owns 997 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 293 shares during the period. 98.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on MAN shares. Barclays reduced their target price on shares of ManpowerGroup from $50.00 to $42.00 and set an “equal weight” rating for the company in a report on Friday, October 17th. Truist Financial cut their price objective on shares of ManpowerGroup from $48.00 to $44.00 and set a “hold” rating for the company in a research report on Monday, October 13th. The Goldman Sachs Group decreased their target price on ManpowerGroup from $37.00 to $33.00 and set a “sell” rating on the stock in a research report on Friday, October 17th. UBS Group lowered their target price on ManpowerGroup from $40.00 to $39.00 and set a “neutral” rating on the stock in a research note on Friday, October 17th. Finally, JPMorgan Chase & Co. reduced their price target on ManpowerGroup from $52.00 to $42.00 and set a “neutral” rating for the company in a research note on Monday, October 20th. Five analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $41.33.

ManpowerGroup Trading Down 2.2%

Shares of MAN stock opened at $28.01 on Tuesday. The stock has a market cap of $1.30 billion, a P/E ratio of -59.59 and a beta of 1.06. ManpowerGroup Inc. has a 1 year low of $27.58 and a 1 year high of $65.17. 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 has a 50 day simple moving average of $34.95 and a 200 day simple moving average of $39.46.

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

ManpowerGroup Announces Dividend

The business also recently declared a dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be paid a $0.72 dividend. This represents a yield of 521.0%. The ex-dividend date of this dividend is Monday, December 1st. ManpowerGroup’s payout ratio is -306.38%.

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.