Corient Private Wealth LP bought a new position in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 319,853 shares of the business services provider's stock, valued at approximately $10,801,000. Corient Private Wealth LP owned about 0.69% of ManpowerGroup at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the stock. BlackRock Inc. bought a new stake in shares of ManpowerGroup during the 2nd quarter worth about $265,921,000. AQR Capital Management LLC raised its stake in shares of ManpowerGroup by 60.3% in the 3rd quarter. AQR Capital Management LLC now owns 3,704,326 shares of the business services provider's stock valued at $140,394,000 after acquiring an additional 1,393,622 shares in the last quarter. Quantinno Capital Management LP raised its stake in shares of ManpowerGroup by 235.8% in 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 in the last quarter. Alberta Investment Management Corp acquired a new stake in ManpowerGroup in the 2nd quarter worth approximately $33,702,000. Finally, Balyasny Asset Management L.P. lifted its holdings in ManpowerGroup by 696.9% in the 2nd quarter. Balyasny Asset Management L.P. now owns 991,063 shares of the business services provider's stock worth $40,039,000 after purchasing an additional 866,693 shares during the last quarter. 98.03% of the stock is currently owned by institutional investors.
ManpowerGroup Stock Performance
MAN opened at $62.53 on Friday. The firm has a market capitalization of $2.91 billion, a P/E ratio of 28.42 and a beta of 0.67. The stock's 50 day moving average price is $49.23 and its two-hundred day moving average price is $36.36. 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 Inc. has a 12-month low of $25.15 and a 12-month high of $63.88.
ManpowerGroup (NYSE:MAN - Get Free Report) last issued 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. ManpowerGroup had a return on equity of 7.45% and a net margin of 0.56%.The company had revenue of $4.86 billion for the quarter, compared to the consensus estimate of $4.72 billion. During the same period in the previous year, the business posted ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, equities analysts forecast that ManpowerGroup Inc. will post 3.62 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several brokerages have commented on MAN. Robert W. Baird increased their price target on ManpowerGroup from $45.00 to $72.00 and gave the company an "outperform" rating in a report on Friday, July 17th. Truist Financial boosted their price objective on shares of 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 upped their price objective on shares of ManpowerGroup from $36.00 to $57.00 and gave the stock a "neutral" rating in a report on Friday, July 17th. UBS Group raised their target price on shares of ManpowerGroup from $41.00 to $55.00 and gave the company a "neutral" rating in a research note on Friday, July 17th. Finally, Wall Street Zen upgraded shares of ManpowerGroup from a "hold" rating to a "buy" rating in a report on Saturday, August 15th. Three analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $53.50.
Read Our Latest Research Report on ManpowerGroup
ManpowerGroup Profile
(
Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider ManpowerGroup, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ManpowerGroup wasn't on the list.
While ManpowerGroup currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
A strong long-term portfolio starts with companies that can survive recessions, inflation, changing consumer habits, and shifting market leadership.
This report names seven blue-chip stocks across technology, retail, consumer staples, healthcare, networking, sporting goods, and utilities that offer investors a mix of stability, income, growth, and staying power.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
