Fairvoy Private Wealth LLC acquired a new position in ManpowerGroup Inc. (NYSE:MAN – Free Report) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 15,745 shares of the business services provider’s stock, valued at approximately $875,000.
Other hedge funds have also recently made changes to their positions in the company. Global Retirement Partners LLC purchased a new stake in shares of ManpowerGroup during the second quarter worth about $30,000. Elevation Wealth Partners LLC raised its stake in ManpowerGroup by 2,007.4% during the 2nd quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 1,084 shares during the period. SJS Investment Consulting Inc. bought a new stake in ManpowerGroup during the 1st quarter valued at approximately $57,000. Allworth Financial LP bought a new stake in ManpowerGroup during the 2nd quarter valued at approximately $88,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in ManpowerGroup by 55.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,021 shares of the business services provider’s stock worth $89,000 after purchasing an additional 1,074 shares in the last quarter. Institutional investors own 98.03% of the company’s stock.
ManpowerGroup Price Performance
Shares of MAN stock traded down $0.01 during trading hours on Monday, hitting $41.48. The stock had a trading volume of 1,545,827 shares, compared to its average volume of 1,192,903. ManpowerGroup Inc. has a one year low of $25.15 and a one year high of $63.88. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.05 and a quick ratio of 1.04. The stock’s 50-day moving average price is $57.04 and its two-hundred day moving average price is $43.26. The stock has a market capitalization of $1.93 billion, a price-to-earnings ratio of 16.39, a PEG ratio of 1.64 and a beta of 0.68.
ManpowerGroup (NYSE:MAN – Get Free Report) last posted its earnings results on Thursday, October 15th. The business services provider reported $1.01 EPS for the quarter, hitting analysts’ consensus estimates of $1.01. ManpowerGroup had a return on equity of 7.78% and a net margin of 0.64%. The company had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.86 billion. During the same period in the previous year, the business earned $0.83 earnings per share. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS. Equities analysts forecast that ManpowerGroup Inc. will post 3.61 EPS for the current year.
Analyst Ratings Changes
Several research analysts have weighed in on MAN shares. UBS Group dropped their price target on ManpowerGroup from $56.00 to $48.00 and set a “neutral” rating for the company in a research note on Friday. Robert W. Baird cut their price objective on shares of ManpowerGroup from $72.00 to $65.00 and set an “outperform” rating for the company in a report on Friday. JPMorgan Chase & Co. reduced their price objective on shares of ManpowerGroup from $59.00 to $50.00 and set a “neutral” rating on the stock in a research report on Friday. Weiss Ratings raised shares of ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Finally, BMO Capital Markets dropped their target price on shares of ManpowerGroup from $63.00 to $58.00 and set an “outperform” rating for the company in a research report on Monday. Three research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, ManpowerGroup currently has a consensus rating of “Hold” and a consensus price target of $51.25.
View Our Latest Analysis on MAN
ManpowerGroup Profile
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.
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