ManpowerGroup Inc. $MAN Shares Sold by Hsbc Holdings PLC

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 shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) by 20.5% in the first quarter, according to the company in its most recent filing with the Securities & 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.

Other institutional investors have also modified their holdings of the company. Colonial Trust Co SC bought a new stake in shares of ManpowerGroup during the 4th quarter valued at about $28,000. Fifth Third Bancorp grew its position in shares of ManpowerGroup by 48.6% during the 1st quarter. Fifth Third Bancorp now owns 743 shares of the business services provider's stock valued at $43,000 after buying an additional 243 shares during the last quarter. GAMMA Investing LLC grew its position in shares of ManpowerGroup by 190.6% during the 1st quarter. GAMMA Investing LLC now owns 744 shares of the business services provider's stock valued at $43,000 after buying an additional 488 shares during the last quarter. UMB Bank n.a. grew its position in shares of ManpowerGroup by 131.7% during the 1st quarter. UMB Bank n.a. now owns 899 shares of the business services provider's stock valued at $52,000 after buying an additional 511 shares during the last quarter. Finally, WFA Asset Management Corp grew its position in ManpowerGroup by 129.3% in the 1st quarter. WFA Asset Management Corp now owns 1,376 shares of the business services provider's stock worth $80,000 after purchasing an additional 776 shares during the last quarter. Institutional investors own 98.03% of the company's stock.

Analyst Ratings Changes

Several research analysts have commented on MAN shares. UBS Group upped 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. Wall Street Zen upgraded shares of ManpowerGroup from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. Five research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $48.20.

ManpowerGroup Price Performance

Shares of NYSE:MAN traded up $1.05 during trading on Friday, reaching $42.36. The company had a trading volume of 651,243 shares, compared to its average volume of 788,822. The firm's fifty day moving average is $42.19 and its 200 day moving average is $46.60. The firm has a market capitalization of $1.96 billion, a PE ratio of -111.47 and a beta of 1.08. ManpowerGroup Inc. has a twelve month low of $37.97 and a twelve month 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.

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