ManpowerGroup Inc. $MAN Shares Purchased by Invesco Ltd.

Key Points

• Invesco Ltd. increased its stake in ManpowerGroup Inc. by 36.1%, acquiring an additional 691,678 shares to own approximately 5.64% of the company worth $150.96 million.
• ManpowerGroup reported $4.52 billion in revenue for its latest quarter, exceeding analyst expectations, although its earnings per share fell year-over-year from $1.30 to $0.78.
• Most analysts currently rate ManpowerGroup's stock as a "hold", with a target price averaging $48.20 following several adjustments from various research firms.

Invesco Ltd. grew its position in ManpowerGroup Inc. (NYSE:MAN - Free Report) by 36.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,608,221 shares of the business services provider's stock after purchasing an additional 691,678 shares during the quarter. Invesco Ltd. owned about 5.64% of ManpowerGroup worth $150,964,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of MAN. Colonial Trust Co SC acquired a new stake in shares of ManpowerGroup during the fourth quarter worth $28,000. GAMMA Investing LLC lifted its stake 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 during the period. Fifth Third Bancorp lifted its stake 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 during the period. UMB Bank n.a. lifted its stake 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 during the period. Finally, WFA Asset Management Corp lifted its stake in shares of ManpowerGroup by 129.3% during the first quarter. WFA Asset Management Corp now owns 1,376 shares of the business services provider's stock worth $80,000 after buying an additional 776 shares during the period. 98.03% of the stock is owned by hedge funds and other institutional investors.

ManpowerGroup Price Performance

NYSE MAN traded up $0.5320 during trading hours on Tuesday, hitting $41.7720. 322,904 shares of the company's stock traded hands, compared to its average volume of 911,388. ManpowerGroup Inc. has a 52-week low of $37.97 and a 52-week high of $75.57. The company has a market capitalization of $1.93 billion, a PE ratio of -110.04 and a beta of 1.08. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.98 and a quick ratio of 0.98. The firm's 50-day moving average is $41.92 and its 200-day moving average is $47.46.

ManpowerGroup (NYSE:MAN - Get Free Report) last posted its earnings results on Thursday, July 17th. The business services provider reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.09. The company had revenue of $4.52 billion for 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%. ManpowerGroup's revenue was down .5% on a year-over-year basis. During the same period in the previous year, the business posted $1.30 EPS. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. Equities analysts forecast that ManpowerGroup Inc. will post 4.23 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently issued reports on MAN. JPMorgan Chase & Co. decreased their target price on shares of ManpowerGroup from $65.00 to $50.00 and set a "neutral" rating for the company in a research report on Monday, April 21st. Wall Street Zen upgraded shares of ManpowerGroup from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. Truist Financial decreased their target price on shares of ManpowerGroup from $55.00 to $48.00 and set a "hold" rating for the company in a research report on Monday, April 21st. BMO Capital Markets decreased their target price on shares of ManpowerGroup from $54.00 to $48.00 and set a "market perform" rating for the company in a research report on Monday, April 21st. Finally, UBS Group boosted their target price on shares of ManpowerGroup from $42.00 to $45.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Five analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently 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.