ManpowerGroup Inc. (NYSE:MAN) Stock Rated "Hold" by Wall Street Brokerages

Key Points

• ManpowerGroup has a consensus “Hold” rating from nine analysts: six rate it a hold and three rate it a buy. The average 12-month price target is $53.50.
• The company exceeded quarterly expectations, reporting $0.99 in EPS versus the $0.96 consensus estimate and revenue of $4.86 billion versus $4.72 billion expected.
• Institutional investors and hedge funds own approximately 98.03% of ManpowerGroup’s shares, with major firms including BlackRock and Quantinno Capital Management adding or initiating positions.

ManpowerGroup Inc. (NYSE:MAN - Get Free Report) has been given an average recommendation of "Hold" by the nine ratings firms that are presently covering the stock, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $53.50.

A number of research analysts have weighed in on MAN shares. The Goldman Sachs Group lifted their price objective on shares of ManpowerGroup from $36.00 to $57.00 and gave the company a "neutral" rating in a report on Friday, July 17th. Truist Financial raised their target price on ManpowerGroup from $34.00 to $50.00 and gave the company a "hold" rating in a research report on Friday, July 17th. BMO Capital Markets lifted their price target on ManpowerGroup from $49.00 to $63.00 and gave the company an "outperform" rating in a research note on Friday, July 17th. Weiss Ratings raised ManpowerGroup from a "sell (d)" rating to a "hold (c)" rating in a report on Tuesday, August 11th. Finally, Robert W. Baird increased their price target on ManpowerGroup from $45.00 to $72.00 and gave the stock an "outperform" rating in a research report on Friday, July 17th.

ManpowerGroup Stock Up 1.2%

Shares of NYSE:MAN opened at $56.24 on Friday. ManpowerGroup has a 52-week low of $25.15 and a 52-week high of $63.88. The stock has a market cap of $2.62 billion, a P/E ratio of 25.57, a price-to-earnings-growth ratio of 2.20 and a beta of 0.68. The business's 50 day moving average is $57.75 and its 200 day moving average is $41.45. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.27.

ManpowerGroup (NYSE:MAN - Get Free Report) last released its quarterly earnings results on Thursday, July 16th. The business services provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.96 by $0.03. The firm had revenue of $4.86 billion during the quarter, compared to analyst estimates of $4.72 billion. ManpowerGroup had a return on equity of 7.45% and a net margin of 0.56%.During the same period in the previous year, the company posted ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. Sell-side analysts predict that ManpowerGroup will post 3.62 EPS for the current year.

Hedge Funds Weigh In On ManpowerGroup

Institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in shares of ManpowerGroup during the second quarter valued at about $265,921,000. Quantinno Capital Management LP boosted its holdings in ManpowerGroup by 235.8% during the 1st quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider's stock valued at $52,850,000 after acquiring an additional 1,259,752 shares during the period. Alberta Investment Management Corp purchased a new position in ManpowerGroup during the 2nd quarter valued at about $33,702,000. Wellington Management Group LLP acquired a new position in ManpowerGroup in the 2nd quarter valued at about $25,709,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in ManpowerGroup in the 2nd quarter valued at about $16,009,000. 98.03% of the stock is currently owned by institutional investors and hedge funds.

ManpowerGroup Company 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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