ManpowerGroup (NYSE:MAN) Price Target Raised to $50.00

ManpowerGroup (NYSE:MAN) had its target price lifted by Truist Financial from $34.00 to $50.00 in a report issued on Friday morning, Marketbeat.com reports. The firm currently has a hold rating on the business services provider’s stock.

MAN has been the subject of several other research reports. Robert W. Baird increased their price target on ManpowerGroup from $45.00 to $72.00 and gave the company an “outperform” rating in a research note on Friday. Weiss Ratings reiterated a “sell (d)” rating on shares of ManpowerGroup in a report on Wednesday, June 24th. The Goldman Sachs Group raised their price target on shares of ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a report on Friday. Barclays reduced 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 note on Monday, April 13th. Finally, UBS Group lifted their target price on shares of ManpowerGroup from $41.00 to $55.00 and gave the stock a “neutral” rating in a research note on Friday. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $51.38.

ManpowerGroup Price Performance

Shares of NYSE:MAN opened at $52.31 on Friday. The firm has a market cap of $2.43 billion, a PE ratio of 23.78 and a beta of 0.73. The firm’s fifty day moving average is $33.71 and its 200-day moving average is $31.13. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.12 and a current ratio of 1.04. ManpowerGroup has a 52 week low of $25.15 and a 52 week high of $55.70.

ManpowerGroup (NYSE:MAN) last posted its quarterly earnings data on Thursday, July 16th. The business services provider reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.96 by $0.03. The business had revenue of $4.86 billion during 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 prior year, the business posted ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. Sell-side analysts predict that ManpowerGroup will post 3.66 earnings per share for the current year.

ManpowerGroup Announces Dividend

The company also recently declared a dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a dividend of $0.72 per share. This represents a yield of 437.0%. The ex-dividend date of this dividend was Monday, June 1st. ManpowerGroup’s dividend payout ratio is 65.45%.

Institutional Investors Weigh In On ManpowerGroup

Hedge funds have recently added to or reduced their stakes in the company. Treasurer of the State of North Carolina boosted its holdings 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 raised its position in ManpowerGroup by 3.6% in the second quarter. Cetera Investment Advisers now owns 10,096 shares of the business services provider’s stock worth $408,000 after acquiring an additional 348 shares during the period. Quarry LP boosted its stake in 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 during the last quarter. Empowered Funds LLC boosted its stake in ManpowerGroup by 3.2% in the first quarter. Empowered Funds LLC now owns 13,435 shares of the business services provider’s stock valued at $778,000 after acquiring an additional 414 shares during the last quarter. Finally, State of Wyoming grew its position in shares of ManpowerGroup by 7.6% during the 2nd quarter. State of Wyoming now owns 6,197 shares of the business services provider’s stock valued at $250,000 after acquiring an additional 440 shares during the period. Institutional investors and hedge funds own 98.03% of the company’s stock.

Key ManpowerGroup News

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.