Cwm LLC Lowers Stock Holdings in ManpowerGroup Inc. $MAN

Key Points

• Cwm LLC significantly reduced its holdings in ManpowerGroup Inc. by 58.0%, selling 23,095 shares and now owning 16,718 shares valued at $675,000.
• ManpowerGroup reported an earnings per share (EPS) of $0.83 for the recent quarter, surpassing analysts' estimates of $0.81, with a revenue of $4.63 billion.
• Investment analysts have lowered price targets for ManpowerGroup, with Barclays reducing theirs from $50 to $42, contributing to a consensus rating of "Reduce" with an average target of $41.33.

Cwm LLC lowered its holdings in ManpowerGroup Inc. (NYSE:MAN - Free Report) by 58.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,718 shares of the business services provider's stock after selling 23,095 shares during the period. Cwm LLC's holdings in ManpowerGroup were worth $675,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. KLP Kapitalforvaltning AS grew its position in shares of ManpowerGroup by 11.8% in the second quarter. KLP Kapitalforvaltning AS now owns 18,900 shares of the business services provider's stock valued at $764,000 after purchasing an additional 2,000 shares during the period. SummerHaven Investment Management LLC grew its position in shares of ManpowerGroup by 3.0% in the second quarter. SummerHaven Investment Management LLC now owns 12,003 shares of the business services provider's stock valued at $485,000 after purchasing an additional 346 shares during the period. State of Alaska Department of Revenue grew its position in shares of ManpowerGroup by 700.1% in the second 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 purchasing an additional 37,805 shares during the period. Kera Capital Partners Inc. purchased a new stake in shares of ManpowerGroup in the second quarter valued at $268,000. Finally, Acadian Asset Management LLC grew its position in ManpowerGroup by 601.5% during the first quarter. Acadian Asset Management LLC now owns 4,097 shares of the business services provider's stock valued at $237,000 after acquiring an additional 3,513 shares during the period. Hedge funds and other institutional investors own 98.03% of the company's stock.

ManpowerGroup Trading Up 0.8%

Shares of MAN opened at $33.66 on Friday. The stock's 50-day moving average is $38.96 and its two-hundred day moving average is $41.46. The stock has a market cap of $1.56 billion, a PE ratio of -71.62 and a beta of 1.08. ManpowerGroup Inc. has a 12 month low of $32.86 and a 12 month high of $66.50. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.00 and a quick ratio of 0.98.

ManpowerGroup (NYSE:MAN - Get Free Report) last issued its quarterly earnings data on Thursday, October 16th. The business services provider reported $0.83 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 analysts' expectations of $4.60 billion. ManpowerGroup had a positive return on equity of 7.02% and a negative net margin of 0.12%.The firm's quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.29 earnings per share. ManpowerGroup has set its Q4 2025 guidance at 0.780-0.88 EPS. Equities analysts forecast that ManpowerGroup Inc. will post 4.23 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on MAN shares. Wall Street Zen raised ManpowerGroup from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. Barclays lowered their price target on ManpowerGroup from $50.00 to $42.00 and set an "equal weight" rating for the company in a research report on Friday, October 17th. UBS Group lowered their price target on ManpowerGroup from $40.00 to $39.00 and set a "neutral" rating for the company in a research report on Friday, October 17th. The Goldman Sachs Group lowered their price target on ManpowerGroup from $37.00 to $33.00 and set a "sell" rating for the company in a research report on Friday, October 17th. Finally, JPMorgan Chase & Co. lowered their price target on ManpowerGroup from $52.00 to $42.00 and set a "neutral" rating for the company in a research report on Monday. Five research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Reduce" and an average price target of $41.33.

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.

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