Jane Street Group LLC Reduces Stock Position in ManpowerGroup Inc. $MAN

Key Points

• Jane Street Group LLC reduced its stake in ManpowerGroup Inc. by 44.8%, selling 164,691 shares during the first quarter, leaving it with 202,697 shares valued at approximately $11.7 million.
• Analysts have updated their ratings for ManpowerGroup, with UBS Group raising the price target from $42.00 to $45.00 and a consensus average price target of $48.20.
• ManpowerGroup reported earnings per share of $0.78 for the last quarter, surpassing analysts' expectations and marking a 0.5% decrease in year-over-year revenue.

Jane Street Group LLC decreased its position in ManpowerGroup Inc. (NYSE:MAN - Free Report) by 44.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 202,697 shares of the business services provider's stock after selling 164,691 shares during the quarter. Jane Street Group LLC owned approximately 0.44% of ManpowerGroup worth $11,732,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Colonial Trust Co SC purchased a new position in shares of ManpowerGroup in the fourth quarter valued at about $28,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of ManpowerGroup during the first quarter valued at about $30,000. Fifth Third Bancorp increased its position 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 valued at $43,000 after buying an additional 243 shares during the period. GAMMA Investing LLC increased its position 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 valued at $43,000 after buying an additional 488 shares during the period. Finally, UMB Bank n.a. increased its position 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 valued at $52,000 after buying an additional 511 shares during the period. Hedge funds and other institutional investors own 98.03% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Wall Street Zen upgraded shares of ManpowerGroup from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. UBS Group boosted their price target 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 investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $48.20.

ManpowerGroup Stock Down 1.0%

Shares of NYSE MAN traded down $0.41 during midday trading on Wednesday, hitting $40.81. The stock had a trading volume of 475,325 shares, compared to its average volume of 902,721. The business's 50 day moving average is $42.29 and its 200-day moving average is $46.41. The company has a market cap of $1.89 billion, a P/E ratio of -107.40 and a beta of 1.08. ManpowerGroup Inc. has a 52 week low of $37.97 and a 52 week high of $75.57. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.24.

ManpowerGroup (NYSE:MAN - Get Free Report) last issued its earnings results 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. The firm had revenue of $4.52 billion for the quarter, compared to the consensus estimate 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 was down .5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.30 earnings per share. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. As a group, analysts predict that ManpowerGroup Inc. will post 4.23 EPS for the current year.

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.