Kera Capital Partners Inc. Invests $268,000 in ManpowerGroup Inc. $MAN

Key Points

• Kera Capital Partners Inc. has acquired a new stake in ManpowerGroup Inc. worth $268,000, purchasing 6,632 shares during the 2nd quarter.
• ManpowerGroup reported $0.78 earnings per share, exceeding analyst expectations of $0.69, but revenue decreased by 0.5% year-over-year.
• UBS Group recently raised ManpowerGroup's price target from $42.00 to $45.00 while maintaining a "neutral" rating on the stock.

Kera Capital Partners Inc. purchased a new position in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 6,632 shares of the business services provider's stock, valued at approximately $268,000.

A number of other hedge funds have also modified their holdings of the business. Invesco Ltd. grew its holdings in shares of ManpowerGroup by 36.1% during the 1st quarter. Invesco Ltd. now owns 2,608,221 shares of the business services provider's stock worth $150,964,000 after purchasing an additional 691,678 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of ManpowerGroup by 1.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,532,196 shares of the business services provider's stock worth $146,564,000 after purchasing an additional 38,358 shares during the period. AQR Capital Management LLC grew its holdings in shares of ManpowerGroup by 10.7% during the 1st quarter. AQR Capital Management LLC now owns 2,503,668 shares of the business services provider's stock worth $144,912,000 after purchasing an additional 241,403 shares during the period. Vaughan Nelson Investment Management L.P. grew its holdings in shares of ManpowerGroup by 73.3% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 1,027,000 shares of the business services provider's stock worth $59,443,000 after purchasing an additional 434,480 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC grew its holdings in shares of ManpowerGroup by 4.2% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 865,394 shares of the business services provider's stock worth $50,089,000 after purchasing an additional 34,514 shares during the period. 98.03% of the stock is currently owned by hedge funds and other institutional investors.

ManpowerGroup Stock Down 2.1%

MAN stock traded down $0.80 during mid-day trading on Friday, reaching $37.27. The company had a trading volume of 175,364 shares, compared to its average volume of 900,525. 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 company has a market capitalization of $1.73 billion, a price-to-earnings ratio of -97.80 and a beta of 1.08. The firm has a fifty day simple moving average of $41.39 and a 200 day simple moving average of $45.11. ManpowerGroup Inc. has a fifty-two week low of $37.24 and a fifty-two week high of $75.39.

ManpowerGroup (NYSE:MAN - Get Free Report) last posted its quarterly earnings results on Thursday, July 17th. The business services provider reported $0.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 positive return on equity of 7.98% and a negative net margin of 0.09%.ManpowerGroup's revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter last year, the company earned $1.30 EPS. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. Analysts forecast that ManpowerGroup Inc. will post 4.23 earnings per share for the current fiscal year.

Analysts Set New Price Targets

MAN has been the subject of a number of research analyst reports. Wall Street Zen upgraded ManpowerGroup from a "sell" rating to a "hold" rating in a report on Friday, June 27th. UBS Group raised their target price on ManpowerGroup from $42.00 to $45.00 and gave the company a "neutral" rating in a report on Monday, July 14th. Five investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, ManpowerGroup has a consensus rating of "Hold" and an average 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.