Kestra Investment Management LLC Invests $1.11 Million in ManpowerGroup Inc. $MAN

Key Points

• Kestra Investment Management LLC has invested $1.11 million in ManpowerGroup Inc. by acquiring 19,194 shares, marking a significant move in the company's stock position.
• Multiple institutional investors, including Invesco Ltd. and AQR Capital Management LLC, have also increased their holdings in ManpowerGroup, showing strong interest in the firm.
• ManpowerGroup reported an EPS of $0.78, surpassing analysts' expectations of $0.69, while its quarterly revenue dropped slightly by 0.5% compared to last year.

Kestra Investment Management LLC purchased a new stake in ManpowerGroup Inc. (NYSE:MAN - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 19,194 shares of the business services provider's stock, valued at approximately $1,111,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MAN. Invesco Ltd. lifted its stake in ManpowerGroup by 36.1% in the 1st quarter. Invesco Ltd. now owns 2,608,221 shares of the business services provider's stock valued at $150,964,000 after buying an additional 691,678 shares in the last quarter. ARGA Investment Management LP raised its position in shares of ManpowerGroup by 539.8% in the 1st quarter. ARGA Investment Management LP now owns 587,048 shares of the business services provider's stock worth $33,978,000 after buying an additional 495,296 shares during the period. Millennium Management LLC increased its holdings in ManpowerGroup by 137.0% in the 4th quarter. Millennium Management LLC now owns 811,595 shares of the business services provider's stock valued at $46,845,000 after purchasing an additional 469,184 shares in the last quarter. Vaughan Nelson Investment Management L.P. increased its holdings in ManpowerGroup by 73.3% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 1,027,000 shares of the business services provider's stock valued at $59,443,000 after purchasing an additional 434,480 shares in the last quarter. Finally, Amundi increased its holdings in ManpowerGroup by 313.0% in the 1st quarter. Amundi now owns 465,781 shares of the business services provider's stock valued at $25,441,000 after purchasing an additional 353,009 shares in the last quarter. Institutional investors and hedge funds own 98.03% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on MAN. UBS Group raised their target price on ManpowerGroup from $42.00 to $45.00 and gave the company 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 equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $48.20.

ManpowerGroup Trading Down 2.8%

ManpowerGroup stock traded down $1.12 during midday trading on Friday, reaching $38.46. The stock had a trading volume of 885,135 shares, compared to its average volume of 787,081. The firm's fifty day simple moving average is $41.89 and its two-hundred day simple moving average is $45.55. The firm has a market cap of $1.78 billion, a price-to-earnings ratio of -101.21 and a beta of 1.08. ManpowerGroup Inc. has a twelve month low of $37.57 and a twelve month high of $75.57. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.98 and a quick ratio of 0.98.

ManpowerGroup (NYSE:MAN - Get Free Report) last released its quarterly earnings data on Thursday, July 17th. The business services provider reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.09. The business had revenue of $4.52 billion during 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 quarterly revenue was down .5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.30 EPS. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. Equities analysts anticipate that ManpowerGroup Inc. will post 4.23 EPS for the current fiscal 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.