ManpowerGroup Inc. $MAN Stake Lessened by Wealth Enhancement Advisory Services LLC

Key Points

• Wealth Enhancement Advisory Services LLC reduced its stake in ManpowerGroup Inc. by 25.7% in the second quarter, now holding 19,315 shares valued at approximately $855,000.
• UBS Group raised its target price on ManpowerGroup shares from $42.00 to $45.00, maintaining a "neutral" rating, while overall analysts rate the stock as a "Hold" with an average target price of $48.20.
• ManpowerGroup reported an earnings per share (EPS) of $0.78 for the last quarter, beating estimates, but saw a 0.5% decrease in revenue compared to the prior year.

Wealth Enhancement Advisory Services LLC cut its stake in ManpowerGroup Inc. (NYSE:MAN - Free Report) by 25.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,315 shares of the business services provider's stock after selling 6,690 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in ManpowerGroup were worth $855,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Kera Capital Partners Inc. bought a new position in shares of ManpowerGroup in the second quarter valued at approximately $268,000. Acadian Asset Management LLC boosted its holdings in ManpowerGroup by 601.5% during the first quarter. Acadian Asset Management LLC now owns 4,097 shares of the business services provider's stock worth $237,000 after buying an additional 3,513 shares in the last quarter. Focus Partners Wealth bought a new stake in ManpowerGroup during the first quarter worth approximately $348,000. Bayforest Capital Ltd bought a new stake in ManpowerGroup during the first quarter worth approximately $349,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in ManpowerGroup by 9.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 161,104 shares of the business services provider's stock worth $9,325,000 after buying an additional 13,906 shares in the last quarter. 98.03% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on MAN shares. UBS Group raised their target price on shares of ManpowerGroup from $42.00 to $45.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Wall Street Zen upgraded shares of ManpowerGroup from a "sell" rating to a "hold" rating in a report on Friday, June 27th. Five investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, ManpowerGroup presently has an average rating of "Hold" and an average target price of $48.20.

ManpowerGroup Stock Up 1.2%

MAN stock opened at $38.68 on Friday. ManpowerGroup Inc. has a 12-month low of $36.96 and a 12-month high of $75.17. 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 has a market cap of $1.79 billion, a price-to-earnings ratio of -101.77 and a beta of 1.08. The company has a 50 day moving average of $40.26 and a two-hundred day moving average of $43.60.

ManpowerGroup (NYSE:MAN - Get Free Report) last released its earnings results on Thursday, July 17th. The business services provider reported $0.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.69 by $0.09. ManpowerGroup had a negative net margin of 0.09% and a positive return on equity of 7.98%. The company had revenue of $4.52 billion during the quarter, compared to the consensus estimate of $4.34 billion. During the same quarter in the prior year, the firm earned $1.30 EPS. The company's revenue was down .5% compared to the same quarter last year. 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 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.

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