Ieq Capital LLC Has $6.71 Million Stake in ManpowerGroup Inc. $MAN

Key Points

• Ieq Capital LLC increased its holdings in ManpowerGroup Inc. by 12.6% to approximately $6.71 million, owning about 0.25% of the company.
• ManpowerGroup reported earnings of $0.78 per share, exceeding analyst estimates of $0.69, but its revenue decreased 0.5% year-over-year to $4.52 billion.
• Several brokerages have rated ManpowerGroup with a consensus rating of "Hold" and a price target of $48.20, with UBS Group increasing their target from $42.00 to $45.00.

Ieq Capital LLC grew its holdings in ManpowerGroup Inc. (NYSE:MAN - Free Report) by 12.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 115,854 shares of the business services provider's stock after acquiring an additional 13,003 shares during the quarter. Ieq Capital LLC owned 0.25% of ManpowerGroup worth $6,706,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of MAN. Colonial Trust Co SC bought a new position in shares of ManpowerGroup during the fourth quarter worth about $28,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of ManpowerGroup during the first quarter worth about $30,000. Fifth Third Bancorp grew its holdings in shares of ManpowerGroup by 48.6% during the first quarter. Fifth Third Bancorp now owns 743 shares of the business services provider's stock worth $43,000 after buying an additional 243 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of ManpowerGroup by 190.6% during the first quarter. GAMMA Investing LLC now owns 744 shares of the business services provider's stock worth $43,000 after buying an additional 488 shares in the last quarter. Finally, UMB Bank n.a. grew its holdings in shares of ManpowerGroup by 131.7% during the first quarter. UMB Bank n.a. now owns 899 shares of the business services provider's stock worth $52,000 after buying an additional 511 shares in the last quarter. 98.03% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on MAN shares. Wall Street Zen upgraded ManpowerGroup from a "sell" rating to a "hold" rating in a report on Friday, June 27th. UBS Group increased their price objective on ManpowerGroup from $42.00 to $45.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Five analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, ManpowerGroup presently has a consensus rating of "Hold" and an average price target of $48.20.

ManpowerGroup Stock Down 1.1%

NYSE MAN traded down $0.46 during trading hours on Wednesday, hitting $40.76. 96,727 shares of the company traded hands, compared to its average volume of 900,373. The business's 50-day moving average is $42.29 and its 200-day moving average is $46.41. 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. The stock has a market capitalization of $1.89 billion, a price-to-earnings ratio of -107.24 and a beta of 1.08.

ManpowerGroup (NYSE:MAN - Get Free Report) last issued its quarterly earnings results on Thursday, July 17th. The business services provider reported $0.78 EPS for the quarter, beating the consensus estimate 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 firm 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 firm posted $1.30 earnings per share. The business's quarterly revenue was down .5% compared to the same quarter last year. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. Sell-side analysts anticipate 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.