208,515 ManpowerGroup Inc. $MAN Shares Sold by Azarias Capital Management L.P.

Azarias Capital Management L.P. decreased its stake in shares of ManpowerGroup Inc. (NYSE:MAN – Free Report) by 78.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,631 shares of the business services provider’s stock after selling 208,515 shares during the quarter. ManpowerGroup comprises 3.0% of Azarias Capital Management L.P.’s holdings, making the stock its 13th biggest position. Azarias Capital Management L.P. owned approximately 0.12% of ManpowerGroup worth $3,203,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. NorthCrest Asset Manangement LLC grew its holdings in shares of ManpowerGroup by 14.3% during the third quarter. NorthCrest Asset Manangement LLC now owns 11,609 shares of the business services provider’s stock valued at $631,000 after buying an additional 1,449 shares during the last quarter. GAMMA Investing LLC raised its stake in ManpowerGroup by 3.1% in the 3rd quarter. GAMMA Investing LLC now owns 8,860 shares of the business services provider’s stock worth $492,000 after acquiring an additional 267 shares during the last quarter. Elevation Wealth Partners LLC raised its stake in ManpowerGroup by 26.1% in the 3rd quarter. Elevation Wealth Partners LLC now owns 1,435 shares of the business services provider’s stock worth $80,000 after acquiring an additional 297 shares during the last quarter. Versant Capital Management Inc lifted its position in ManpowerGroup by 4.0% during the 3rd quarter. Versant Capital Management Inc now owns 8,110 shares of the business services provider’s stock worth $451,000 after acquiring an additional 312 shares during the period. Finally, Altar Rock LLC acquired a new stake in ManpowerGroup during the 2nd quarter worth about $202,000. Institutional investors and hedge funds own 98.03% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on the company. Weiss Ratings upgraded ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Barclays increased their price objective on ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a report on Monday, July 20th. Robert W. Baird raised their price objective on ManpowerGroup from $45.00 to $72.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. UBS Group raised their price objective on ManpowerGroup from $55.00 to $56.00 and gave the stock a “neutral” rating in a research note on Tuesday. Finally, BMO Capital Markets lifted their target price on ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $53.62.

Get Our Latest Report on ManpowerGroup

ManpowerGroup Stock Performance

NYSE MAN traded up $0.21 on Wednesday, reaching $51.85. 920,572 shares of the company’s stock traded hands, compared to its average volume of 1,173,043. ManpowerGroup Inc. has a fifty-two week low of $25.15 and a fifty-two week high of $63.88. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.04 and a current ratio of 1.04. The firm has a market cap of $2.41 billion, a price-to-earnings ratio of 23.57, a P/E/G ratio of 2.03 and a beta of 0.68. The stock has a 50 day moving average price of $57.62 and a 200-day moving average price of $42.91.

ManpowerGroup (NYSE:MAN – Get Free Report) last announced its quarterly earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.03. The company had revenue of $4.86 billion for 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 last year, the firm earned ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. Equities research analysts predict that ManpowerGroup Inc. will post 3.62 EPS for the current fiscal year.

ManpowerGroup Profile

(Free Report)

ManpowerGroup Inc is a global workforce solutions and staffing company headquartered in Milwaukee, Wisconsin. Founded in 1948, the company helps organizations recruit, manage and develop talent while assisting individuals with finding employment and advancing their careers.

ManpowerGroup provides temporary, permanent and contract staffing; recruitment process outsourcing; workforce management; career transition and outplacement services; and talent development programs. Its principal brands include Manpower, which focuses on staffing and workforce solutions; Experis, which specializes in information technology and professional talent; and Talent Solutions, which provides recruitment, career management and workforce consulting services.

The company serves employers and job seekers across a broad range of industries and geographic markets, with operations spanning numerous countries and territories worldwide.

See Also

Institutional Ownership by Quarter for ManpowerGroup (NYSE:MAN)

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