ManpowerGroup (NYSE:MAN) Sets New 1-Year High – What’s Next?

ManpowerGroup Inc. (NYSE:MAN)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $58.88 and last traded at $58.7350, with a volume of 338492 shares traded. The stock had previously closed at $56.22.

Analyst Ratings Changes

A number of brokerages have recently weighed in on MAN. Wall Street Zen raised shares of ManpowerGroup from a “hold” rating to a “buy” rating in a research note on Saturday. The Goldman Sachs Group increased their price target on shares of ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a research note on Friday, July 17th. BMO Capital Markets raised their price objective on shares of ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Robert W. Baird raised their price objective on shares of ManpowerGroup from $45.00 to $72.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Finally, Barclays lifted their price objective on ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a research report on Monday, July 20th. Three research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, ManpowerGroup currently has an average rating of “Hold” and a consensus price target of $53.50.

ManpowerGroup Price Performance

The company has a debt-to-equity ratio of 0.27, a current ratio of 1.04 and a quick ratio of 1.12. The firm has a market cap of $2.71 billion, a PE ratio of 26.53 and a beta of 0.67. The firm has a 50-day simple moving average of $43.78 and a 200 day simple moving average of $34.49.

ManpowerGroup (NYSE:MAN) last announced its earnings results on Thursday, July 16th. The business services provider reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.03. The firm had revenue of $4.86 billion for the quarter, compared to analysts’ expectations of $4.72 billion. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. During the same quarter in the previous year, the business posted ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. As a group, equities analysts expect that ManpowerGroup Inc. will post 3.62 EPS for the current year.

Institutional Investors Weigh In On ManpowerGroup

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. bought a new position in shares of ManpowerGroup during the second quarter valued at approximately $265,921,000. AQR Capital Management LLC boosted its position in shares of ManpowerGroup by 60.3% in the 3rd quarter. AQR Capital Management LLC now owns 3,704,326 shares of the business services provider’s stock worth $140,394,000 after purchasing an additional 1,393,622 shares in the last quarter. Schroder Investment Management Group grew its stake in shares of ManpowerGroup by 24.6% in the 4th quarter. Schroder Investment Management Group now owns 2,247,476 shares of the business services provider’s stock worth $66,817,000 after buying an additional 443,790 shares during the last quarter. Quantinno Capital Management LP grew its stake in shares of ManpowerGroup by 235.8% in the 1st quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider’s stock worth $52,850,000 after buying an additional 1,259,752 shares during the last quarter. Finally, State Street Corp grew its stake in shares of ManpowerGroup by 2.0% in the 4th quarter. State Street Corp now owns 1,616,447 shares of the business services provider’s stock worth $48,057,000 after buying an additional 31,749 shares during the last quarter. Hedge funds and other institutional investors 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.