Calamos Advisors LLC Purchases New Position in ManpowerGroup Inc. $MAN

Key Points

• Calamos Advisors initiated a position in ManpowerGroup, purchasing 141,256 shares worth approximately $7.85 million, or about 0.30% of the company.
• Analyst sentiment is mixed but leans neutral: the consensus rating is Hold, with an average price target of $51.39; three analysts rate the stock Buy, seven Hold and one Sell.
• ManpowerGroup reported quarterly EPS of $1.01, in line with estimates, while revenue of $4.84 billion fell slightly short of consensus but rose 4.4% year over year.

Calamos Advisors LLC purchased a new stake in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 141,256 shares of the business services provider's stock, valued at approximately $7,851,000. Calamos Advisors LLC owned about 0.30% of ManpowerGroup as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Platform Technology Partners bought a new position in ManpowerGroup during the 3rd quarter worth $240,000. Commonwealth Equity Services LLC bought a new stake in shares of ManpowerGroup in the 3rd quarter valued at about $323,000. Virtue Capital Management LLC bought a new stake in shares of ManpowerGroup in the 3rd quarter valued at about $232,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of ManpowerGroup in the 3rd quarter valued at about $177,000. Finally, Vise Technologies Inc. increased its stake in shares of ManpowerGroup by 8.2% in the third quarter. Vise Technologies Inc. now owns 11,544 shares of the business services provider's stock valued at $642,000 after buying an additional 876 shares during the period. Institutional investors and hedge funds own 98.03% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on MAN shares. Robert W. Baird lowered their price objective on ManpowerGroup from $72.00 to $65.00 and set an "outperform" rating for the company in a research report on Friday, October 16th. UBS Group cut their price objective on ManpowerGroup from $56.00 to $48.00 and set a "neutral" rating on the stock in a research note on Friday, October 16th. JPMorgan Chase & Co. reduced their target price on ManpowerGroup from $59.00 to $50.00 and set a "neutral" rating on the stock in a report on Friday, October 16th. BMO Capital Markets decreased their target price on shares of ManpowerGroup from $63.00 to $58.00 and set an "outperform" rating for the company in a research report on Monday, October 19th. Finally, Zacks Research lowered shares of ManpowerGroup from a "hold" rating to a "strong sell" rating in a report on Tuesday, October 20th. Three analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, ManpowerGroup presently has a consensus rating of "Hold" and an average price target of $51.39.

ManpowerGroup Price Performance

MAN stock opened at $44.51 on Monday. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.26. The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 17.59, a PEG ratio of 1.77 and a beta of 0.78. The company's fifty day simple moving average is $52.85 and its 200 day simple moving average is $40.26. 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, October 15th. The business services provider reported $1.01 earnings per share for the quarter, hitting analysts' consensus estimates of $1.01. ManpowerGroup had a return on equity of 7.78% and a net margin of 0.64%. The firm had revenue of $4.84 billion during the quarter, compared to the consensus estimate of $4.86 billion. During the same period last year, the business posted $0.83 EPS. The business's revenue was up 4.4% compared to the same quarter last year. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS. On average, analysts expect that ManpowerGroup Inc. will post 3.60 earnings per share for the current year.

ManpowerGroup Company Profile

ManpowerGroup Inc is a global workforce solutions and employment services company headquartered in Milwaukee, Wisconsin. Through its brands, the company provides temporary and permanent staffing, recruitment, workforce management, talent development, and career transition services to businesses and job seekers.

Its principal brands include Manpower, which specializes in staffing and workforce services; Experis, which focuses on information technology and professional talent; and Talent Solutions, which provides recruitment process outsourcing, talent consulting, leadership development, and outplacement services.

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