ManpowerGroup Inc. (NYSE:MAN – Get Free Report)’s stock price rose 10.2% during mid-day trading on Friday . The company traded as high as $36.44 and last traded at $37.2450. Approximately 269,309 shares traded hands during trading, a decline of 77% from the average daily volume of 1,167,937 shares. The stock had previously closed at $33.81.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on MAN. Truist Financial reduced their price objective on ManpowerGroup from $38.00 to $34.00 and set a “hold” rating for the company in a research report on Friday, April 17th. UBS Group raised their price target on ManpowerGroup from $29.00 to $33.00 and gave the stock a “neutral” rating in a research note on Friday, April 17th. Wall Street Zen lowered ManpowerGroup from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Barclays lowered their price target on ManpowerGroup from $35.00 to $30.00 and set an “equal weight” rating for the company in a research note on Monday, April 13th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of ManpowerGroup in a report on Wednesday. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, ManpowerGroup presently has an average rating of “Hold” and a consensus price target of $37.50.
ManpowerGroup Price Performance
ManpowerGroup (NYSE:MAN – Get Free Report) last posted 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 business had revenue of $4.51 billion for 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%. ManpowerGroup’s revenue was up 10.3% compared to the same quarter last year. During the same period last year, the business posted $0.44 EPS. ManpowerGroup has set its Q2 2026 guidance at 0.910-1.050 EPS. On average, equities research analysts anticipate that ManpowerGroup Inc. will post 3.66 EPS for the current year.
ManpowerGroup Dividend Announcement
The firm also recently disclosed a dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a $0.72 dividend. The ex-dividend date was Monday, June 1st. This represents a dividend yield of 437.0%. ManpowerGroup’s payout ratio is presently -389.19%.
Institutional Trading of ManpowerGroup
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MAN. Militia Capital Management LLC bought a new stake in shares of ManpowerGroup in the first quarter valued at approximately $686,000. Bank of America Corp DE increased its position in ManpowerGroup by 31.6% during the first quarter. Bank of America Corp DE now owns 375,714 shares of the business services provider’s stock worth $11,069,000 after acquiring an additional 90,121 shares during the period. RBF Capital LLC raised its stake in ManpowerGroup by 1.0% during the 1st quarter. RBF Capital LLC now owns 475,017 shares of the business services provider’s stock valued at $13,994,000 after purchasing an additional 4,934 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in ManpowerGroup by 55.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,021 shares of the business services provider’s stock valued at $89,000 after purchasing an additional 1,074 shares during the last quarter. Finally, California State Teachers Retirement System boosted its holdings in ManpowerGroup by 38.9% in the 1st quarter. California State Teachers Retirement System now owns 61,089 shares of the business services provider’s stock valued at $1,800,000 after purchasing an additional 17,099 shares during the period. Institutional investors and hedge funds own 98.03% of the company’s stock.
ManpowerGroup Company Profile
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.
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