ManpowerGroup (NYSE:MAN) Trading Down 7.5% – Here’s Why

ManpowerGroup Inc. (NYSE:MAN) was down 7.5% on Wednesday . The stock traded as low as $25.32 and last traded at $25.9410. Approximately 397,065 shares were traded during trading, a decline of 68% from the average daily volume of 1,252,005 shares. The stock had previously closed at $28.04.

Analysts Set New Price Targets

Several equities analysts have weighed in on MAN shares. Truist Financial lowered their price objective on shares of ManpowerGroup from $38.00 to $34.00 and set a “hold” rating on the stock in a research report on Friday, April 17th. Argus upgraded shares of ManpowerGroup from a “hold” rating to a “buy” rating and set a $42.00 price objective on the stock in a research report on Tuesday, February 3rd. Weiss Ratings reiterated a “sell (d)” rating on shares of ManpowerGroup in a research report on Friday, March 27th. Wall Street Zen upgraded shares of ManpowerGroup from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Finally, Barclays lowered 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 report on Monday, April 13th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $37.50.

ManpowerGroup Stock Down 7.8%

The business’s 50 day simple moving average is $28.81 and its 200-day simple moving average is $29.54. The company has a market cap of $1.20 billion, a price-to-earnings ratio of -69.88 and a beta of 0.74. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.11 and a current ratio of 1.12.

ManpowerGroup (NYSE:MAN) last issued its earnings results on Thursday, April 16th. The business services provider reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.01. The company had revenue of $4.51 billion during the quarter, compared to analyst estimates of $4.41 billion. ManpowerGroup had a negative net margin of 0.09% and a positive return on equity of 7.01%. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter last year, the business posted $0.44 EPS. ManpowerGroup has set its Q2 2026 guidance at 0.910-1.050 EPS. Sell-side analysts expect that ManpowerGroup Inc. will post 3.66 earnings per share for the current year.

ManpowerGroup Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a $0.72 dividend. This represents a dividend yield of 483.0%. The ex-dividend date of this dividend is Monday, June 1st. ManpowerGroup’s payout ratio is presently -389.19%.

Institutional Investors Weigh In On ManpowerGroup

Several institutional investors and hedge funds have recently modified their holdings of MAN. Baird Financial Group Inc. acquired a new stake in shares of ManpowerGroup in the 1st quarter valued at $219,000. Goldman Sachs Group Inc. lifted its stake in shares of ManpowerGroup by 12.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 347,423 shares of the business services provider’s stock valued at $20,109,000 after purchasing an additional 38,710 shares during the last quarter. Empowered Funds LLC lifted its stake in shares of ManpowerGroup by 3.2% in 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. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of ManpowerGroup by 9.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 161,104 shares of the business services provider’s stock valued at $9,325,000 after purchasing an additional 13,906 shares during the last quarter. Finally, Focus Partners Wealth acquired a new stake in shares of ManpowerGroup in the 1st quarter valued at $348,000. Institutional investors and hedge funds own 98.03% of the company’s stock.

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.