Algert Global LLC Has $837,000 Stock Position in ManpowerGroup Inc. $MAN

Key Points

• Algert Global LLC increased its stake in ManpowerGroup Inc. by 234.3% during the first quarter, bringing its total holdings to $837,000.
• ManpowerGroup reported a quarterly earnings per share of $0.78, surpassing expectations, with revenue of $4.52 billion for the quarter.
• Analysts have generally rated ManpowerGroup as a "Hold" with a consensus price target of $48.20 for the stock.

Algert Global LLC grew its holdings in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) by 234.3% in the first quarter, according to its most recent filing with the SEC. The firm owned 14,467 shares of the business services provider's stock after acquiring an additional 10,140 shares during the quarter. Algert Global LLC's holdings in ManpowerGroup were worth $837,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. SummerHaven Investment Management LLC lifted its holdings in shares of ManpowerGroup by 2.1% in the first quarter. SummerHaven Investment Management LLC now owns 11,657 shares of the business services provider's stock valued at $675,000 after buying an additional 238 shares during the period. Fifth Third Bancorp lifted its holdings in shares of ManpowerGroup by 48.6% in the first quarter. Fifth Third Bancorp now owns 743 shares of the business services provider's stock valued at $43,000 after buying an additional 243 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of ManpowerGroup by 0.3% in the first quarter. Principal Financial Group Inc. now owns 107,969 shares of the business services provider's stock valued at $6,249,000 after buying an additional 278 shares during the period. Vident Advisory LLC lifted its holdings in shares of ManpowerGroup by 2.8% in the fourth quarter. Vident Advisory LLC now owns 10,708 shares of the business services provider's stock valued at $618,000 after buying an additional 290 shares during the period. Finally, KBC Group NV lifted its holdings in shares of ManpowerGroup by 0.6% in the first quarter. KBC Group NV now owns 54,456 shares of the business services provider's stock valued at $3,152,000 after buying an additional 347 shares during the period. Institutional investors and hedge funds own 98.03% of the company's stock.

Wall Street Analyst Weigh In

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

ManpowerGroup Stock Up 2.5%

NYSE:MAN traded up $1.05 during trading hours on Friday, hitting $42.36. 651,243 shares of the company's stock traded hands, compared to its average volume of 788,822. The firm has a market cap of $1.96 billion, a P/E ratio of -111.47 and a beta of 1.08. ManpowerGroup Inc. has a twelve month low of $37.97 and a twelve month high of $75.57. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.98 and a current ratio of 0.98. The stock's fifty day moving average price is $42.19 and its two-hundred day moving average price is $46.66.

ManpowerGroup (NYSE:MAN - Get Free Report) last posted its quarterly earnings results on Thursday, July 17th. The business services provider reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.09. The firm had revenue of $4.52 billion for 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% on a year-over-year basis. During the same period in the previous year, the firm earned $1.30 earnings per share. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. On average, research analysts expect that ManpowerGroup Inc. will post 4.23 earnings per share for the current fiscal year.

ManpowerGroup 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.