Hsbc Holdings PLC Has $7.83 Million Stake in ManpowerGroup Inc. $MAN

Key Points

• Hsbc Holdings PLC has reduced its stake in ManpowerGroup Inc. by 20.5% in the first quarter, owning 135,898 shares valued at approximately $7.8 million as of their latest SEC filing.
• Several institutional investors have increased their holdings in ManpowerGroup, with Northern Trust Corp increasing its stake by 24.0% and GAMMA Investing LLC by 190.6% during the same period.
• ManpowerGroup reported earnings of $0.78 per share for the latest quarter, surpassing analysts' expectations of $0.69, while revenues fell 0.5% year-over-year to $4.52 billion.

Hsbc Holdings PLC lessened its holdings in ManpowerGroup Inc. (NYSE:MAN - Free Report) by 20.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 135,898 shares of the business services provider's stock after selling 35,148 shares during the period. Hsbc Holdings PLC owned 0.29% of ManpowerGroup worth $7,825,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Northern Trust Corp lifted 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 during the last quarter. Algert Global LLC lifted 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 during the last quarter. American Century Companies Inc. lifted its stake in shares of ManpowerGroup by 25.2% in the 1st quarter. American Century Companies Inc. now owns 47,641 shares of the business services provider's stock valued at $2,757,000 after purchasing an additional 9,586 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of ManpowerGroup by 1.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,532,196 shares of the business services provider's stock valued at $146,564,000 after purchasing an additional 38,358 shares during the last quarter. Finally, KLCM Advisors Inc. lifted its stake in shares of ManpowerGroup by 3.3% in the 1st quarter. KLCM Advisors Inc. now owns 306,429 shares of the business services provider's stock valued at $17,736,000 after purchasing an additional 9,835 shares during the last quarter. Institutional investors and hedge funds own 98.03% of the company's stock.

Wall Street Analyst Weigh In

MAN has been the subject of a number of research analyst reports. Wall Street Zen raised shares of ManpowerGroup from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. UBS Group boosted 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 data from MarketBeat.com, ManpowerGroup currently has an average rating of "Hold" and an average target price of $48.20.

ManpowerGroup Stock Performance

Shares of NYSE:MAN traded up $0.86 on Friday, hitting $42.17. 271,803 shares of the company were exchanged, compared to its average volume of 903,374. The company's 50 day moving average price is $42.11 and its two-hundred day moving average price is $46.75. 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 firm has a market capitalization of $1.95 billion, a price-to-earnings ratio of -110.81 and a beta of 1.08.

ManpowerGroup (NYSE:MAN - Get Free Report) last posted 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 for the quarter, compared to the consensus estimate of $4.34 billion. During the same quarter in the previous year, the firm posted $1.30 EPS. The business'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. Research analysts expect that ManpowerGroup Inc. will post 4.23 earnings per share for the current year.

About ManpowerGroup

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.