19,149 Shares in ManpowerGroup Inc. $MAN Acquired by The Manufacturers Life Insurance Company

Key Points

• The Manufacturers Life Insurance Company acquired 19,149 ManpowerGroup shares during the second quarter, valued at approximately $647,000. Institutional investors collectively own 98.03% of the company.
• ManpowerGroup reported quarterly EPS of $0.99, beating estimates of $0.96, while revenue reached $4.86 billion versus expectations of $4.72 billion. The company issued third-quarter EPS guidance of $0.96–$1.06.
• MAN opened at $61.92, near its 52-week high of $63.88. Analysts maintain a consensus “Hold” rating, with an average price target of $53.50 despite several recent target increases.

The Manufacturers Life Insurance Company bought a new position in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 19,149 shares of the business services provider's stock, valued at approximately $647,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Treasurer of the State of North Carolina raised its position in shares of ManpowerGroup by 1.4% during the 2nd quarter. Treasurer of the State of North Carolina now owns 21,513 shares of the business services provider's stock valued at $869,000 after purchasing an additional 296 shares during the period. Cetera Investment Advisers boosted its holdings in ManpowerGroup by 3.6% in the 2nd quarter. Cetera Investment Advisers now owns 10,096 shares of the business services provider's stock worth $408,000 after buying an additional 348 shares during the period. Quarry LP increased its stake in ManpowerGroup by 55.3% in the 4th quarter. Quarry LP now owns 1,034 shares of the business services provider's stock worth $31,000 after buying an additional 368 shares in the last quarter. Empowered Funds LLC increased its stake in ManpowerGroup by 3.2% in the 1st quarter. Empowered Funds LLC now owns 13,435 shares of the business services provider's stock worth $778,000 after buying an additional 414 shares in the last quarter. Finally, State of Wyoming raised its holdings in ManpowerGroup by 7.6% during the second quarter. State of Wyoming now owns 6,197 shares of the business services provider's stock valued at $250,000 after acquiring an additional 440 shares during the period. 98.03% of the stock is owned by hedge funds and other institutional investors.

ManpowerGroup Stock Performance

NYSE MAN opened at $61.92 on Monday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.04 and a quick ratio of 1.04. ManpowerGroup Inc. has a 1-year low of $25.15 and a 1-year high of $63.88. The business has a 50 day simple moving average of $52.05 and a two-hundred day simple moving average of $37.47. The stock has a market capitalization of $2.88 billion, a PE ratio of 28.15, a P/E/G ratio of 2.45 and a beta of 0.70.

ManpowerGroup (NYSE:MAN - Get Free Report) last issued its quarterly earnings data on Thursday, July 16th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.96 by $0.03. ManpowerGroup had a return on equity of 7.45% and a net margin of 0.56%.The business had revenue of $4.86 billion for the quarter, compared to analysts' expectations of $4.72 billion. During the same period in the prior year, the firm earned ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, research analysts predict that ManpowerGroup Inc. will post 3.62 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on MAN shares. Truist Financial upped their price objective on ManpowerGroup from $34.00 to $50.00 and gave the stock a "hold" rating in a research note on Friday, July 17th. The Goldman Sachs Group boosted their price target on ManpowerGroup from $36.00 to $57.00 and gave the stock a "neutral" rating in a report on Friday, July 17th. UBS Group increased their price objective on shares of ManpowerGroup from $41.00 to $55.00 and gave the company a "neutral" rating in a report on Friday, July 17th. Barclays lifted their price objective on shares of ManpowerGroup from $30.00 to $47.00 and gave the company an "equal weight" rating in a research report on Monday, July 20th. Finally, BMO Capital Markets boosted their target price on shares of ManpowerGroup from $49.00 to $63.00 and gave the stock an "outperform" rating in a report on Friday, July 17th. Three investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $53.50.

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.

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