Empowered Funds LLC Makes New $1.26 Million Investment in ManpowerGroup Inc. $MAN

Empowered Funds LLC purchased a new stake in shares of ManpowerGroup Inc. (NYSE:MAN) in the second quarter, HoldingsChannel reports. The firm purchased 37,240 shares of the business services provider’s stock, valued at approximately $1,258,000.

Several other large investors have also recently made changes to their positions in the stock. Quarry LP acquired a new stake in shares of ManpowerGroup in the third quarter valued at $25,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of ManpowerGroup in the 3rd quarter valued at about $30,000. Global Retirement Partners LLC acquired a new position in ManpowerGroup during the 2nd quarter worth approximately $30,000. Fifth Third Bancorp increased its holdings in ManpowerGroup by 637.7% in the fourth quarter. Fifth Third Bancorp now owns 1,114 shares of the business services provider’s stock valued at $33,000 after buying an additional 963 shares during the last quarter. Finally, Elevation Wealth Partners LLC raised its position in shares of 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 worth $38,000 after acquiring an additional 1,084 shares in the last quarter. 98.03% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

MAN has been the subject of a number of research analyst reports. Weiss Ratings raised ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. The Goldman Sachs Group boosted their target price on ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th. Wall Street Zen cut ManpowerGroup from a “buy” rating to a “hold” rating in a report on Saturday. Truist Financial increased their price target on shares of ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a report on Friday, July 17th. Finally, BMO Capital Markets lifted their price objective on ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Three research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, ManpowerGroup presently has a consensus rating of “Hold” and a consensus target price of $53.50.

ManpowerGroup Stock Up 0.7%

MAN opened at $61.92 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.04 and a current ratio of 1.04. ManpowerGroup Inc. has a 1 year low of $25.15 and a 1 year high of $63.88. The company has a market cap of $2.88 billion, a PE ratio of 28.15, a price-to-earnings-growth ratio of 2.43 and a beta of 0.70. The firm has a 50 day moving average price of $52.05 and a 200 day moving average price of $37.41.

ManpowerGroup (NYSE:MAN) last announced its earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.03. The company 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 last year, the firm earned ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. Sell-side analysts expect that ManpowerGroup Inc. will post 3.62 earnings per share for the current year.

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.