Deutsche Bank AG Purchases 124,893 Shares of ManpowerGroup Inc. $MAN

Key Points

• Deutsche Bank AG significantly increased its stake in ManpowerGroup by 523.6%, acquiring an additional 124,893 shares and owning approximately $8.6 million worth of the stock.
• Multiple analysts have recently adjusted their price targets for ManpowerGroup, with UBS raising it to $45.00 while BMO and Truist lowered theirs to $48.00.
• ManpowerGroup reported a quarterly EPS of $0.78, exceeding estimates, although revenue declined 0.5% year-over-year to $4.52 billion.

Deutsche Bank AG increased its position in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) by 523.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 148,744 shares of the business services provider's stock after acquiring an additional 124,893 shares during the quarter. Deutsche Bank AG owned about 0.32% of ManpowerGroup worth $8,609,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in MAN. Envestnet Asset Management Inc. lifted its stake in shares of ManpowerGroup by 26.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 9,850 shares of the business services provider's stock valued at $569,000 after acquiring an additional 2,040 shares during the period. Raymond James Financial Inc. acquired a new position in ManpowerGroup in the fourth quarter valued at about $875,000. Sterling Capital Management LLC lifted its stake in ManpowerGroup by 55.0% in the fourth quarter. Sterling Capital Management LLC now owns 2,824 shares of the business services provider's stock valued at $163,000 after buying an additional 1,002 shares during the period. Synovus Financial Corp lifted its stake in ManpowerGroup by 6.4% in the fourth quarter. Synovus Financial Corp now owns 8,428 shares of the business services provider's stock valued at $486,000 after buying an additional 506 shares during the period. Finally, Barclays PLC lifted its stake in ManpowerGroup by 194.3% in the fourth quarter. Barclays PLC now owns 455,803 shares of the business services provider's stock valued at $26,308,000 after buying an additional 300,917 shares during the period. Institutional investors and hedge funds own 98.03% of the company's stock.

ManpowerGroup Stock Down 0.3%

NYSE MAN traded down $0.11 during trading hours on Wednesday, reaching $42.10. 674,433 shares of the company's stock were exchanged, compared to its average volume of 855,403. The company's 50-day moving average is $41.90 and its two-hundred day moving average is $47.38. ManpowerGroup Inc. has a one year low of $37.97 and a one year high of $75.57. 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 company has a market capitalization of $1.95 billion, a price-to-earnings ratio of -110.79 and a beta of 1.08.

ManpowerGroup (NYSE:MAN - Get Free Report) last posted its 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. ManpowerGroup had a positive return on equity of 7.98% and a negative net margin of 0.09%.The business had revenue of $4.52 billion during the quarter, compared to analysts' expectations of $4.34 billion. During the same period in the prior year, the business earned $1.30 EPS. ManpowerGroup's revenue for the quarter was down .5% compared to the same quarter last year. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. On average, analysts forecast that ManpowerGroup Inc. will post 4.23 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. UBS Group increased their target price on 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 ManpowerGroup from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. Five equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $48.20.

ManpowerGroup 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.