Allianz Asset Management GmbH Has $19.85 Million Position in ManpowerGroup Inc. $MAN

Allianz Asset Management GmbH increased its holdings in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) by 15.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 491,332 shares of the business services provider's stock after acquiring an additional 67,107 shares during the period. Allianz Asset Management GmbH owned about 1.06% of ManpowerGroup worth $19,850,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. KLP Kapitalforvaltning AS boosted its position in shares of ManpowerGroup by 11.8% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 18,900 shares of the business services provider's stock valued at $764,000 after acquiring an additional 2,000 shares in the last quarter. SummerHaven Investment Management LLC boosted its position in shares of ManpowerGroup by 3.0% during the 2nd quarter. SummerHaven Investment Management LLC now owns 12,003 shares of the business services provider's stock valued at $485,000 after acquiring an additional 346 shares in the last quarter. State of Alaska Department of Revenue boosted its position in shares of ManpowerGroup by 700.1% during the 2nd quarter. State of Alaska Department of Revenue now owns 43,205 shares of the business services provider's stock valued at $1,745,000 after acquiring an additional 37,805 shares in the last quarter. Kera Capital Partners Inc. acquired a new position in ManpowerGroup in the second quarter valued at about $268,000. Finally, Acadian Asset Management LLC boosted its position in ManpowerGroup by 601.5% in the first quarter. Acadian Asset Management LLC now owns 4,097 shares of the business services provider's stock valued at $237,000 after buying an additional 3,513 shares in the last quarter. 98.03% of the stock is currently owned by institutional investors and hedge funds.

ManpowerGroup Price Performance

Shares of MAN stock opened at $33.62 on Monday. ManpowerGroup Inc. has a 1 year low of $33.26 and a 1 year high of $67.22. The firm's 50 day moving average is $39.50 and its 200-day moving average is $41.80. The firm has a market capitalization of $1.56 billion, a price-to-earnings ratio of -71.53 and a beta of 1.08. The company has a current ratio of 1.00, a quick ratio of 0.98 and a debt-to-equity ratio of 0.23.

ManpowerGroup (NYSE:MAN - Get Free Report) last announced its earnings results on Thursday, October 16th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.81 by $0.02. The company had revenue of $4.63 billion for the quarter, compared to analyst estimates of $4.60 billion. ManpowerGroup had a negative net margin of 0.12% and a positive return on equity of 7.02%. ManpowerGroup's quarterly revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.29 earnings per share. ManpowerGroup has set its Q4 2025 guidance at 0.780-0.88 EPS. Sell-side analysts forecast that ManpowerGroup Inc. will post 4.23 EPS for the current fiscal year.

Analysts Set New Price Targets

MAN has been the topic of a number of recent analyst reports. Weiss Ratings restated a "sell (d+)" rating on shares of ManpowerGroup in a research report on Wednesday, October 8th. Wall Street Zen upgraded shares of ManpowerGroup from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. Truist Financial reduced their price target on shares of ManpowerGroup from $48.00 to $44.00 and set a "hold" rating on the stock in a research report on Monday, October 13th. The Goldman Sachs Group reduced their price target on shares of ManpowerGroup from $37.00 to $33.00 and set a "sell" rating on the stock in a research report on Friday. Finally, UBS Group lowered their target price on ManpowerGroup from $40.00 to $39.00 and set a "neutral" rating for the company in a research note on Friday. Five equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Reduce" and an average target price of $42.67.

About ManpowerGroup

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.

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