Hotchkis & Wiley Capital Management LLC Buys 34,514 Shares of ManpowerGroup Inc. $MAN

Key Points

• Hotchkis & Wiley Capital Management LLC has increased its stake in ManpowerGroup Inc. by 4.2%, acquiring an additional 34,514 shares, raising their total ownership to around 1.87% valued at approximately $50 million.
• ManpowerGroup reported a quarterly EPS of $0.78, exceeding expectations and generating $4.52 billion in revenue, despite a decrease in revenue compared to the previous year.
• Institutional investors hold a significant majority of ManpowerGroup's shares, accounting for 98.03% of the company's stock, indicating strong institutional confidence in the firm's performance.

Hotchkis & Wiley Capital Management LLC grew its stake in ManpowerGroup Inc. (NYSE:MAN - Free Report) by 4.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 865,394 shares of the business services provider's stock after purchasing an additional 34,514 shares during the period. Hotchkis & Wiley Capital Management LLC owned about 1.87% of ManpowerGroup worth $50,089,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of ManpowerGroup in the 1st quarter valued at approximately $30,000. CW Advisors LLC boosted its stake in shares of ManpowerGroup by 4.1% in the 1st quarter. CW Advisors LLC now owns 6,953 shares of the business services provider's stock valued at $402,000 after purchasing an additional 273 shares in the last quarter. Kaufman Rossin Wealth LLC acquired a new stake in shares of ManpowerGroup in the 1st quarter valued at approximately $218,000. Northern Trust Corp boosted its stake in shares of ManpowerGroup by 3.2% in the 1st quarter. Northern Trust Corp now owns 451,503 shares of the business services provider's stock valued at $26,133,000 after purchasing an additional 14,008 shares in the last quarter. Finally, Algert Global LLC boosted its stake in shares of ManpowerGroup by 234.3% in the 1st quarter. Algert Global LLC now owns 14,467 shares of the business services provider's stock valued at $837,000 after purchasing an additional 10,140 shares in the last quarter. 98.03% of the stock is currently owned by institutional investors and hedge funds.

ManpowerGroup Trading Up 2.1%

ManpowerGroup stock traded up $0.84 during mid-day trading on Wednesday, hitting $41.88. 856,261 shares of the stock were exchanged, compared to its average volume of 909,838. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.24. ManpowerGroup Inc. has a 12 month low of $37.97 and a 12 month high of $75.57. The firm's fifty day simple moving average is $42.04 and its two-hundred day simple moving average is $46.89. The stock has a market capitalization of $1.94 billion, a price-to-earnings ratio of -110.22 and a beta of 1.08.

ManpowerGroup (NYSE:MAN - Get Free Report) last released its quarterly earnings results 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 firm had revenue of $4.52 billion during the quarter, compared to analyst estimates of $4.34 billion. During the same quarter last year, the business earned $1.30 EPS. The company's revenue was down .5% compared to the same quarter last year. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. Analysts forecast that ManpowerGroup Inc. will post 4.23 EPS for the current year.

Wall Street Analysts Forecast Growth

MAN has been the topic of several recent research reports. Wall Street Zen upgraded shares of ManpowerGroup from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. UBS Group lifted their target price on shares of ManpowerGroup from $42.00 to $45.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Five research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average 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.