Kovitz Investment Group Partners LLC Raises Position in ManpowerGroup Inc. $MAN

Key Points

• Kovitz Investment Group Partners LLC has significantly increased its position in ManpowerGroup by 781.1%, now owning 170,677 shares valued at approximately $9.88 million.
• ManpowerGroup's stock opened at $41.30, with a 1-year range of $37.97 to $75.57, indicating notable volatility in its market performance.
• Recent earnings for ManpowerGroup showed an EPS of $0.78, surpassing analysts' expectations of $0.69, although revenue decreased by 0.5% compared to the same quarter last year.

Kovitz Investment Group Partners LLC lifted its holdings in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) by 781.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 170,677 shares of the business services provider's stock after acquiring an additional 151,307 shares during the quarter. Kovitz Investment Group Partners LLC owned approximately 0.37% of ManpowerGroup worth $9,879,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Colonial Trust Co SC bought a new stake in shares of ManpowerGroup during the 4th quarter valued at $28,000. Fifth Third Bancorp raised its holdings 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 buying an additional 243 shares in the last quarter. GAMMA Investing LLC raised its holdings 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 buying an additional 488 shares in the last quarter. UMB Bank n.a. raised its holdings 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 buying an additional 511 shares in the last quarter. Finally, WFA Asset Management Corp raised its holdings in shares of ManpowerGroup by 129.3% during the 1st 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 in the last quarter. Institutional investors own 98.03% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. UBS Group boosted their price target on ManpowerGroup from $42.00 to $45.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Wall Street Zen raised ManpowerGroup from a "sell" rating to a "hold" rating in a report on Friday, June 27th. Five equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $48.20.

ManpowerGroup Trading Down 1.5%

Shares of ManpowerGroup stock traded down $0.6130 on Thursday, hitting $41.5370. 118,970 shares of the company's stock traded hands, compared to its average volume of 907,784. ManpowerGroup Inc. has a one year low of $37.97 and a one year 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. The company has a fifty day moving average of $41.90 and a two-hundred day moving average of $47.38. The company has a market capitalization of $1.92 billion, a price-to-earnings ratio of -109.43 and a beta of 1.08.

ManpowerGroup (NYSE:MAN - Get Free Report) last announced its earnings results on Thursday, July 17th. The business services provider reported $0.78 EPS for the quarter, beating the consensus estimate 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 company had revenue of $4.52 billion for the quarter, compared to analyst estimates of $4.34 billion. During the same quarter in the prior year, the company earned $1.30 EPS. The firm's revenue for the quarter was down .5% compared to the same quarter last year. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. As a group, sell-side analysts expect that ManpowerGroup Inc. will post 4.23 earnings per share for the current year.

ManpowerGroup Company 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.