Northern Trust Corp Buys 14,008 Shares of ManpowerGroup Inc. $MAN

Key Points

• Northern Trust Corp increased its stake in ManpowerGroup Inc. by 3.2%, acquiring 14,008 additional shares, bringing its total ownership to approximately 0.98% with a value of $26.1 million.
• UBS Group raised its price target for ManpowerGroup from $42 to $45, maintaining a "neutral" rating, while Wall Street analysts have collectively rated the stock as "Hold" with an average target of $48.20.
• ManpowerGroup's recent earnings report showed a profit of $0.78 per share, exceeding estimates, while revenue fell slightly by 0.5% compared to the same quarter last year.

Northern Trust Corp increased its position in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) by 3.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 451,503 shares of the business services provider's stock after acquiring an additional 14,008 shares during the quarter. Northern Trust Corp owned 0.98% of ManpowerGroup worth $26,133,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Perigon Wealth Management LLC acquired a new stake in shares of ManpowerGroup during the first quarter valued at approximately $253,000. GAMMA Investing LLC raised its holdings 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 acquiring an additional 488 shares during the period. Janney Montgomery Scott LLC acquired a new stake in shares of ManpowerGroup during the first quarter valued at approximately $887,000. Allspring Global Investments Holdings LLC raised its holdings in shares of ManpowerGroup by 79.6% during the first quarter. Allspring Global Investments Holdings LLC now owns 53,703 shares of the business services provider's stock valued at $3,150,000 after acquiring an additional 23,795 shares during the period. Finally, Nuveen LLC acquired a new stake in shares of ManpowerGroup during the first quarter valued at approximately $6,393,000. Institutional investors and hedge funds own 98.03% of the company's stock.

ManpowerGroup Stock Down 1.0%

Shares of MAN traded down $0.41 during mid-day trading on Wednesday, hitting $40.81. 475,325 shares of the company's stock were exchanged, compared to its average volume of 902,721. The firm has a fifty day moving average of $42.29 and a two-hundred day moving average of $46.41. ManpowerGroup Inc. has a twelve month low of $37.97 and a twelve month high of $75.57. The stock has a market cap of $1.89 billion, a price-to-earnings ratio of -107.40 and a beta of 1.08. 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 announced its quarterly earnings results 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 company had revenue of $4.52 billion for 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% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.30 EPS. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. On average, sell-side analysts forecast that ManpowerGroup Inc. will post 4.23 earnings per share for the current year.

Analyst Upgrades and Downgrades

MAN has been the topic of several research reports. Wall Street Zen upgraded shares of ManpowerGroup from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. UBS Group upped their price objective on shares of ManpowerGroup from $42.00 to $45.00 and gave the company a "neutral" rating in a research note on Monday, July 14th. Five research analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target 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.