Advisors Asset Management Inc. Purchases 42,816 Shares of ManpowerGroup Inc. $MAN

Key Points

• Advisors Asset Management Inc. increased its stake in ManpowerGroup Inc. by 45.4% during Q1, now owning 137,127 shares valued at approximately $7.94 million.
• ManpowerGroup reported $0.78 EPS for the last quarter, exceeding estimates, but had revenue down 0.5% year-over-year.
• The stock's current consensus rating is "Hold" with a target price raised from $42.00 to $45.00 by UBS Group.

Advisors Asset Management Inc. raised its position in ManpowerGroup Inc. (NYSE:MAN - Free Report) by 45.4% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 137,127 shares of the business services provider's stock after buying an additional 42,816 shares during the period. Advisors Asset Management Inc. owned about 0.30% of ManpowerGroup worth $7,937,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Colonial Trust Co SC bought a new position in ManpowerGroup in the 4th quarter valued at $28,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of ManpowerGroup in the 1st quarter valued at $30,000. Fifth Third Bancorp lifted its stake in shares of ManpowerGroup by 48.6% in the 1st quarter. Fifth Third Bancorp now owns 743 shares of the business services provider's stock valued at $43,000 after purchasing an additional 243 shares during the period. GAMMA Investing LLC lifted its stake in shares of ManpowerGroup by 190.6% in the 1st quarter. GAMMA Investing LLC now owns 744 shares of the business services provider's stock valued at $43,000 after purchasing an additional 488 shares during the period. Finally, UMB Bank n.a. lifted its stake in shares of ManpowerGroup by 131.7% in the 1st quarter. UMB Bank n.a. now owns 899 shares of the business services provider's stock valued at $52,000 after purchasing an additional 511 shares during the period. 98.03% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

MAN has been the topic of a number of analyst reports. UBS Group increased their price target 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 raised ManpowerGroup from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. Five investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $48.20.

ManpowerGroup Trading Up 0.5%

ManpowerGroup stock traded up $0.20 during mid-day trading on Tuesday, hitting $38.69. 250,433 shares of the company's stock were exchanged, compared to its average volume of 900,354. The firm has a market capitalization of $1.79 billion, a P/E ratio of -101.82 and a beta of 1.08. ManpowerGroup Inc. has a fifty-two week low of $37.97 and a fifty-two 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. The company's 50 day simple moving average is $42.30 and its 200-day simple moving average is $45.95.

ManpowerGroup (NYSE:MAN - Get Free Report) last issued its quarterly earnings data on Thursday, July 17th. The business services provider reported $0.78 EPS for the quarter, topping the consensus estimate of $0.69 by $0.09. The business had revenue of $4.52 billion for the quarter, compared to the consensus estimate of $4.34 billion. ManpowerGroup had a positive return on equity of 7.98% and a negative net margin of 0.09%.The firm's revenue was down .5% compared to the same quarter last year. During the same quarter last year, the business posted $1.30 EPS. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. On average, equities analysts anticipate that ManpowerGroup Inc. will post 4.23 earnings per share for the current 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.