American Century Companies Inc. Increases Holdings in ManpowerGroup Inc. $MAN

Key Points

• American Century Companies Inc. increased its stake in ManpowerGroup by 25.2%, owning approximately 0.10% of the company valued at $2.76 million after acquiring an additional 9,586 shares.
• ManpowerGroup reported earnings of $0.78 per share, surpassing analysts' expectations, with quarterly revenue of $4.52 billion, slightly down from the previous year.
• A recent analyst upgrade changed ManpowerGroup's rating from "sell" to "hold", with an average price target of $48.20, indicating potential investor confidence in the company's stability.

American Century Companies Inc. increased its holdings in ManpowerGroup Inc. (NYSE:MAN - Free Report) by 25.2% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 47,641 shares of the business services provider's stock after buying an additional 9,586 shares during the quarter. American Century Companies Inc. owned about 0.10% of ManpowerGroup worth $2,757,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of MAN. Invesco Ltd. increased its holdings in ManpowerGroup by 36.1% in the 1st quarter. Invesco Ltd. now owns 2,608,221 shares of the business services provider's stock worth $150,964,000 after buying an additional 691,678 shares in the last quarter. ARGA Investment Management LP increased its holdings in ManpowerGroup by 539.8% in the 1st quarter. ARGA Investment Management LP now owns 587,048 shares of the business services provider's stock worth $33,978,000 after buying an additional 495,296 shares in the last quarter. Millennium Management LLC increased its holdings in ManpowerGroup by 137.0% in the 4th quarter. Millennium Management LLC now owns 811,595 shares of the business services provider's stock worth $46,845,000 after buying an additional 469,184 shares in the last quarter. Vaughan Nelson Investment Management L.P. boosted its position in ManpowerGroup by 73.3% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 1,027,000 shares of the business services provider's stock worth $59,443,000 after purchasing an additional 434,480 shares during the last quarter. Finally, Voloridge Investment Management LLC boosted its position in ManpowerGroup by 84.3% in the fourth quarter. Voloridge Investment Management LLC now owns 548,389 shares of the business services provider's stock worth $31,653,000 after purchasing an additional 250,791 shares during the last quarter. 98.03% of the stock is currently owned by institutional investors.

ManpowerGroup Price Performance

MAN traded down $0.41 during trading on Wednesday, hitting $40.81. The company's stock had a trading volume of 475,325 shares, compared to its average volume of 902,721. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.24. The business's fifty day simple moving average is $42.29 and its 200 day simple moving average is $46.41. The firm has a market capitalization of $1.89 billion, a price-to-earnings ratio of -107.40 and a beta of 1.08. ManpowerGroup Inc. has a twelve month low of $37.97 and a twelve month high of $75.57.

ManpowerGroup (NYSE:MAN - Get Free Report) last issued its quarterly earnings results on Thursday, July 17th. The business services provider reported $0.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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%.The business's revenue was down .5% on a year-over-year basis. During the same period in the previous year, the company posted $1.30 earnings per share. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. On average, equities research analysts forecast that ManpowerGroup Inc. will post 4.23 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on MAN shares. Wall Street Zen raised ManpowerGroup from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. UBS Group upped their price objective on ManpowerGroup from $42.00 to $45.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Five research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, ManpowerGroup presently has a consensus rating of "Hold" and an average price target of $48.20.

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.