ManpowerGroup Inc. $MAN Shares Purchased by Charles Schwab Investment Management Inc.

Key Points

• Charles Schwab Investment Management Inc. increased its holdings in ManpowerGroup by 2.1%, owning 515,308 shares valued at approximately $29.83 million as of the end of the first quarter.
• ManpowerGroup reported earnings of $0.78 per share for the last quarter, exceeding analysts' expectations, but experienced a 0.5% decline in year-over-year revenue.
• Major institutional investments in ManpowerGroup are high, with 98.03% of the stock owned by institutional investors and hedge funds, signalling strong confidence in the company's performance.

Charles Schwab Investment Management Inc. increased its stake in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) by 2.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 515,308 shares of the business services provider's stock after buying an additional 10,391 shares during the period. Charles Schwab Investment Management Inc. owned about 1.10% of ManpowerGroup worth $29,826,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in MAN. AQR Capital Management LLC grew its position in shares of ManpowerGroup by 45.8% in the fourth quarter. AQR Capital Management LLC now owns 2,262,265 shares of the business services provider's stock valued at $130,125,000 after purchasing an additional 711,043 shares during the last quarter. ARGA Investment Management LP grew its position in shares of ManpowerGroup by 539.8% in the first quarter. ARGA Investment Management LP now owns 587,048 shares of the business services provider's stock valued at $33,978,000 after purchasing an additional 495,296 shares during the last quarter. Millennium Management LLC grew its position in shares of ManpowerGroup by 137.0% in the fourth quarter. Millennium Management LLC now owns 811,595 shares of the business services provider's stock valued at $46,845,000 after purchasing an additional 469,184 shares during the last quarter. Vaughan Nelson Investment Management L.P. lifted its stake in shares of ManpowerGroup by 73.3% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 1,027,000 shares of the business services provider's stock valued at $59,443,000 after buying an additional 434,480 shares during the period. Finally, Voloridge Investment Management LLC lifted its stake in shares of ManpowerGroup by 84.3% during the fourth quarter. Voloridge Investment Management LLC now owns 548,389 shares of the business services provider's stock valued at $31,653,000 after buying an additional 250,791 shares during the period. Hedge funds and other institutional investors own 98.03% of the company's stock.

Wall Street Analyst Weigh In

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

ManpowerGroup Trading Up 6.4%

NYSE:MAN traded up $2.6710 during trading hours on Friday, reaching $44.3610. 599,611 shares of the company were exchanged, compared to its average volume of 843,531. ManpowerGroup Inc. has a 52-week low of $37.97 and a 52-week high of $75.57. The stock has a 50 day simple moving average of $41.96 and a 200 day simple moving average of $47.16. The firm has a market cap of $2.05 billion, a price-to-earnings ratio of -116.74 and a beta of 1.08. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.98 and a quick ratio of 0.98.

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