Scientech Research LLC Invests $740,000 in ManpowerGroup Inc. $MAN

Key Points

• Scientech Research LLC acquired 12,790 shares of ManpowerGroup Inc. valued at approximately $740,000, indicating growing interest in the company's stock.
• Analysts have upgraded ManpowerGroup's rating from “sell” to “hold,” with UBS raising its target price from $42.00 to $45.00.
• ManpowerGroup reported $0.78 earnings per share for its latest quarter, surpassing estimates and showing a revenue of $4.52 billion, although down 0.5% from the previous year.

Scientech Research LLC bought a new stake in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,790 shares of the business services provider's stock, valued at approximately $740,000.

Several other institutional investors also recently bought and sold shares of the stock. SummerHaven Investment Management LLC boosted its holdings in ManpowerGroup by 2.1% during the 1st quarter. SummerHaven Investment Management LLC now owns 11,657 shares of the business services provider's stock valued at $675,000 after acquiring an additional 238 shares during the period. Fifth Third Bancorp boosted its holdings in ManpowerGroup by 48.6% during the 1st quarter. Fifth Third Bancorp now owns 743 shares of the business services provider's stock valued at $43,000 after acquiring an additional 243 shares during the period. CW Advisors LLC boosted its holdings in ManpowerGroup by 4.1% during the 1st quarter. CW Advisors LLC now owns 6,953 shares of the business services provider's stock valued at $402,000 after acquiring an additional 273 shares during the period. Principal Financial Group Inc. boosted its holdings in ManpowerGroup by 0.3% during the 1st quarter. Principal Financial Group Inc. now owns 107,969 shares of the business services provider's stock valued at $6,249,000 after acquiring an additional 278 shares during the period. Finally, Vident Advisory LLC boosted its holdings in ManpowerGroup by 2.8% during the 4th quarter. Vident Advisory LLC now owns 10,708 shares of the business services provider's stock valued at $618,000 after acquiring an additional 290 shares during the period. 98.03% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MAN has been the subject of several analyst reports. Wall Street Zen upgraded ManpowerGroup from a "sell" rating to a "hold" rating in a report on Friday, June 27th. UBS Group upped their price target on ManpowerGroup from $42.00 to $45.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Five analysts have rated the stock with a Hold rating, According to MarketBeat.com, ManpowerGroup has an average rating of "Hold" and an average price target of $48.20.

ManpowerGroup Trading Down 2.8%

MAN traded down $1.12 during midday trading on Friday, reaching $38.46. 885,135 shares of the company's stock traded hands, compared to its average volume of 796,057. The firm has a fifty day moving average of $41.89 and a two-hundred day moving average of $45.48. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of -101.21 and a beta of 1.08. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.98 and a quick ratio of 0.98. ManpowerGroup Inc. has a 52 week low of $37.57 and a 52 week high of $75.57.

ManpowerGroup (NYSE:MAN - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The business services provider reported $0.78 EPS for the quarter, beating analysts' consensus estimates of $0.69 by $0.09. The business had revenue of $4.52 billion during the quarter, compared to analyst estimates of $4.34 billion. ManpowerGroup had a positive return on equity of 7.98% and a negative net margin of 0.09%.ManpowerGroup's quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.30 EPS. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. On average, equities analysts anticipate that ManpowerGroup Inc. will post 4.23 earnings per share for the current fiscal year.

ManpowerGroup Company Profile

ManpowerGroup Inc provides workforce solutions and services worldwide. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career and talent management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives.