ManpowerGroup Inc. $MAN Shares Purchased by AQR Capital Management LLC

Key Points

• AQR Capital Management LLC increased its stake in ManpowerGroup Inc. by 10.7%, acquiring an additional 241,403 shares, bringing its total ownership to 2,503,668 shares valued at approximately $144.9 million.
• ManpowerGroup recently reported quarterly earnings of $0.78 per share, exceeding analysts' estimates of $0.69, with revenues of $4.52 billion for the quarter.
• The company has received a “hold” rating from several analysts, with price targets ranging from $42.00 to $48.20 per share, indicating a cautious outlook on its stock performance.

AQR Capital Management LLC boosted its position in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) by 10.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,503,668 shares of the business services provider's stock after buying an additional 241,403 shares during the period. AQR Capital Management LLC owned 5.41% of ManpowerGroup worth $144,912,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Invesco Ltd. increased its stake in ManpowerGroup by 36.1% during 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. Dimensional Fund Advisors LP increased its stake in ManpowerGroup by 1.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,532,196 shares of the business services provider's stock worth $146,564,000 after buying an additional 38,358 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in ManpowerGroup by 73.3% during the 1st 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 buying an additional 434,480 shares in the last quarter. Hotchkis & Wiley Capital Management LLC increased its stake in ManpowerGroup by 4.2% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 865,394 shares of the business services provider's stock worth $50,089,000 after buying an additional 34,514 shares in the last quarter. Finally, Millennium Management LLC increased its stake in ManpowerGroup by 137.0% during 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. 98.03% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. UBS Group upped their price target on ManpowerGroup from $42.00 to $45.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Wall Street Zen upgraded ManpowerGroup from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. Five research analysts have rated the stock with a Hold rating, According to MarketBeat, ManpowerGroup presently has a consensus rating of "Hold" and a consensus target price of $48.20.

ManpowerGroup Price Performance

Shares of MAN stock traded up $0.20 during trading hours on Tuesday, reaching $38.69. The company had a trading volume of 250,433 shares, compared to its average volume of 900,354. 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 has a fifty day moving average of $42.30 and a 200-day moving average of $45.95. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of -101.82 and a beta of 1.08. ManpowerGroup Inc. has a 12-month low of $37.97 and a 12-month high of $75.57.

ManpowerGroup (NYSE:MAN - Get Free Report) last released its quarterly earnings data on Thursday, July 17th. The business services provider reported $0.78 EPS for the quarter, beating analysts' consensus estimates of $0.69 by $0.09. ManpowerGroup had a positive return on equity of 7.98% and a negative net margin of 0.09%.The firm had revenue of $4.52 billion for the quarter, compared to analysts' expectations of $4.34 billion. During the same period in the prior year, the firm posted $1.30 earnings per share. The firm's quarterly revenue was down .5% on a year-over-year basis. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. On average, equities analysts anticipate that ManpowerGroup Inc. will post 4.23 earnings per share for the current year.

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.