Trexquant Investment LP Sells 10,106 Shares of ManpowerGroup Inc. $MAN

Key Points

• Trexquant Investment LP reduced its stake in ManpowerGroup Inc. by 18.6%, holding approximately 44,130 shares valued at $2.55 million as of its latest SEC filing.
• ManpowerGroup reported $0.78 earnings per share in its latest quarter, exceeding the consensus estimate of $0.69, while its revenue was down 0.5% year-over-year at $4.52 billion.
• The company's stock has a consensus rating of "Hold" from several analysts and an average target price of $48.20, reflecting cautious optimism in the market.

Trexquant Investment LP cut its stake in ManpowerGroup Inc. (NYSE:MAN - Free Report) by 18.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,130 shares of the business services provider's stock after selling 10,106 shares during the period. Trexquant Investment LP owned about 0.10% of ManpowerGroup worth $2,554,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Northern Trust Corp lifted its position in shares of ManpowerGroup by 24.0% in the 4th quarter. Northern Trust Corp now owns 437,495 shares of the business services provider's stock worth $25,252,000 after buying an additional 84,741 shares during the last quarter. Perigon Wealth Management LLC bought a new position in shares of ManpowerGroup in the first quarter valued at approximately $253,000. GAMMA Investing LLC increased its position in ManpowerGroup by 190.6% during the first quarter. GAMMA Investing LLC now owns 744 shares of the business services provider's stock worth $43,000 after acquiring an additional 488 shares during the period. Janney Montgomery Scott LLC acquired a new stake in ManpowerGroup during the first quarter worth $887,000. Finally, Allspring Global Investments Holdings LLC lifted its position in ManpowerGroup by 79.6% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 53,703 shares of the business services provider's stock worth $3,150,000 after buying an additional 23,795 shares in the last quarter. Hedge funds and other institutional investors own 98.03% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of ManpowerGroup from a "sell" rating to a "hold" rating in a report on Friday, June 27th. UBS Group increased 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. Five research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $48.20.

ManpowerGroup Price Performance

Shares of ManpowerGroup stock traded down $2.99 on Monday, hitting $38.27. The company's stock had a trading volume of 819,842 shares, compared to its average volume of 898,967. 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 firm has a fifty day moving average price of $42.34 and a 200-day moving average price of $46.06. The company has a market capitalization of $1.77 billion, a price-to-earnings ratio of -101.02 and a beta of 1.08. ManpowerGroup Inc. has a 1 year low of $37.97 and a 1 year high of $75.57.

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 for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $4.34 billion. During the same period last year, the firm earned $1.30 earnings per share. ManpowerGroup's quarterly revenue was down .5% on a year-over-year basis. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. As a group, sell-side analysts anticipate that ManpowerGroup Inc. will post 4.23 earnings per share 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.