341,804 Shares in ManpowerGroup Inc. $MAN Acquired by Point72 Europe London LLP

Key Points

• Point72 Europe London LLP has acquired a new position in ManpowerGroup, purchasing 341,804 shares valued at approximately $19.8 million, making it 1.4% of their investment portfolio.
• ManpowerGroup's recent earnings report showed a positive earnings per share of $0.78, exceeding analysts' expectations, despite a 0.5% year-over-year revenue decline.
• Currently, 98.03% of ManpowerGroup's stock is owned by institutional investors, reflecting strong institutional interest in the company.

Point72 Europe London LLP purchased a new stake in ManpowerGroup Inc. (NYSE:MAN - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 341,804 shares of the business services provider's stock, valued at approximately $19,784,000. ManpowerGroup accounts for about 1.4% of Point72 Europe London LLP's holdings, making the stock its 19th largest position. Point72 Europe London LLP owned 0.74% of ManpowerGroup as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Invesco Ltd. grew its stake in ManpowerGroup by 36.1% during the first quarter. Invesco Ltd. now owns 2,608,221 shares of the business services provider's stock worth $150,964,000 after purchasing an additional 691,678 shares during the period. Dimensional Fund Advisors LP grew its stake in ManpowerGroup by 1.5% during the first quarter. Dimensional Fund Advisors LP now owns 2,532,196 shares of the business services provider's stock worth $146,564,000 after purchasing an additional 38,358 shares during the period. Vaughan Nelson Investment Management L.P. grew its stake in ManpowerGroup by 73.3% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 1,027,000 shares of the business services provider's stock worth $59,443,000 after purchasing an additional 434,480 shares during the period. Hotchkis & Wiley Capital Management LLC boosted its holdings in ManpowerGroup by 4.2% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 865,394 shares of the business services provider's stock worth $50,089,000 after acquiring an additional 34,514 shares in the last quarter. Finally, Millennium Management LLC boosted its holdings in ManpowerGroup by 137.0% in the fourth quarter. Millennium Management LLC now owns 811,595 shares of the business services provider's stock worth $46,845,000 after acquiring an additional 469,184 shares in the last quarter. Institutional investors and hedge funds own 98.03% of the company's stock.

ManpowerGroup Trading Down 1.0%

Shares of NYSE:MAN traded down $0.41 during trading on Wednesday, reaching $40.81. The company's stock had a trading volume of 475,325 shares, compared to its average volume of 725,278. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.24. ManpowerGroup Inc. has a 12 month low of $37.97 and a 12 month high of $75.57. The firm's 50 day simple moving average is $42.31 and its two-hundred day simple moving average is $46.37. The stock has a market capitalization of $1.89 billion, a PE ratio of -107.40 and a beta of 1.08.

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, beating 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 firm had revenue of $4.52 billion during the quarter, compared to the consensus estimate of $4.34 billion. During the same quarter last year, the firm earned $1.30 EPS. The firm's revenue for the quarter 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, research analysts predict that ManpowerGroup Inc. will post 4.23 EPS for the current fiscal year.

Analyst Ratings Changes

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