Ieq Capital LLC Has $6.71 Million Stock Position 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 lifted its stake in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) by 12.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 115,854 shares of the business services provider's stock after purchasing an additional 13,003 shares during the period. Ieq Capital LLC owned 0.25% of ManpowerGroup worth $6,706,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Colonial Trust Co SC bought a new stake in shares of ManpowerGroup during the 4th quarter worth approximately $28,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of ManpowerGroup during the 1st quarter worth approximately $30,000. Fifth Third Bancorp raised its stake 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 worth $43,000 after purchasing an additional 243 shares in the last quarter. GAMMA Investing LLC raised its stake 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 worth $43,000 after purchasing an additional 488 shares in the last quarter. Finally, UMB Bank n.a. raised its stake 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 worth $52,000 after purchasing an additional 511 shares in the last quarter. Institutional investors own 98.03% of the company's stock.

ManpowerGroup Stock Performance

MAN traded up $1.05 during trading hours on Friday, reaching $42.36. The company's stock had a trading volume of 651,243 shares, compared to its average volume of 770,741. ManpowerGroup Inc. has a 52 week low of $37.97 and a 52 week high of $75.57. The company's 50-day moving average is $42.19 and its 200-day moving average is $46.54. 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 cap of $1.96 billion, a PE ratio of -111.47 and a beta of 1.08.

ManpowerGroup (NYSE:MAN - Get Free Report) last issued its quarterly earnings data on Thursday, July 17th. The business services provider reported $0.78 EPS for the quarter, beating 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 firm had revenue of $4.52 billion for the quarter, compared to analyst estimates of $4.34 billion. During the same period in the prior year, the firm posted $1.30 EPS. The company's revenue for the quarter was down .5% on a year-over-year basis. 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.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on MAN shares. UBS Group upped their price objective on ManpowerGroup from $42.00 to $45.00 and gave the stock a "neutral" rating in a research note on Monday, July 14th. Wall Street Zen upgraded ManpowerGroup from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. Five investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company 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.