Nuveen LLC Invests $6.39 Million in ManpowerGroup Inc. $MAN

Key Points

• Nuveen LLC has invested approximately $6.39 million in ManpowerGroup Inc., acquiring 110,456 shares, representing 0.24% of the company's stock.
• Several institutional investors, including AQR Capital Management and Invesco Ltd., have significantly increased their stakes in ManpowerGroup, which is now 98.03% owned by institutional investors and hedge funds.
• Analysts maintain a consensus "Hold" rating on ManpowerGroup, with an average price target of $48.20, reflecting expectations for the company amid a slight decline in revenue year-over-year.

Nuveen LLC purchased a new position in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 110,456 shares of the business services provider's stock, valued at approximately $6,393,000. Nuveen LLC owned 0.24% of ManpowerGroup as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Colonial Trust Co SC purchased a new position in shares of ManpowerGroup during the 4th quarter worth $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 acquiring an additional 243 shares during the period. 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 acquiring an additional 488 shares during the period. 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 acquiring an additional 511 shares during the period. 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 acquiring an additional 776 shares during the period. Hedge funds and other institutional investors own 98.03% of the company's stock.

ManpowerGroup Stock Up 2.0%

Shares of MAN traded up $0.83 during mid-day trading on Friday, hitting $42.14. 265,428 shares of the company's stock were exchanged, compared to its average volume of 903,291. ManpowerGroup Inc. has a fifty-two week low of $37.97 and a fifty-two week high of $75.57. The company has a market cap of $1.95 billion, a price-to-earnings ratio of -110.89 and a beta of 1.08. 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 stock's 50-day moving average is $42.11 and its 200-day moving average is $46.75.

ManpowerGroup (NYSE:MAN - Get Free Report) last announced its quarterly earnings data on Thursday, July 17th. The business services provider reported $0.78 EPS for the quarter, topping 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 business had revenue of $4.52 billion during the quarter, compared to the consensus estimate of $4.34 billion. During the same period in the previous year, the company posted $1.30 earnings per share. The business's revenue for the quarter was down .5% on a year-over-year basis. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. On average, sell-side analysts anticipate that ManpowerGroup Inc. will post 4.23 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on MAN shares. Wall Street Zen upgraded ManpowerGroup from a "sell" rating to a "hold" rating in a report on Friday, June 27th. UBS Group raised their price objective on ManpowerGroup from $42.00 to $45.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Five equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, ManpowerGroup has a consensus rating of "Hold" and an average 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.