Point72 Europe London LLP Buys Shares of 341,804 ManpowerGroup Inc. $MAN

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 bought a new position in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 341,804 shares of the business services provider's stock, valued at approximately $19,784,000. ManpowerGroup accounts for approximately 1.4% of Point72 Europe London LLP's holdings, making the stock its 19th biggest holding. Point72 Europe London LLP owned about 0.74% of ManpowerGroup at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of MAN. Colonial Trust Co SC acquired a new position in ManpowerGroup in the 4th quarter valued at $28,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of ManpowerGroup during the 1st quarter worth $30,000. Fifth Third Bancorp lifted its position 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 buying an additional 243 shares during the last quarter. GAMMA Investing LLC raised its position in ManpowerGroup by 190.6% in the first quarter. GAMMA Investing LLC now owns 744 shares of the business services provider's stock valued at $43,000 after purchasing an additional 488 shares during the last quarter. Finally, UMB Bank n.a. raised its position in ManpowerGroup by 131.7% in the first quarter. UMB Bank n.a. now owns 899 shares of the business services provider's stock valued at $52,000 after purchasing an additional 511 shares during the last quarter. Institutional investors own 98.03% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Wall Street Zen raised ManpowerGroup from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. UBS Group lifted their price target on ManpowerGroup from $42.00 to $45.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Five research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $48.20.

ManpowerGroup Stock Performance

MAN stock traded down $0.01 on Friday, reaching $41.30. The company's stock had a trading volume of 335,150 shares, compared to its average volume of 897,493. The company has a market capitalization of $1.91 billion, a P/E ratio of -108.59 and a beta of 1.08. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.98 and a quick ratio of 0.98. ManpowerGroup Inc. has a 52 week low of $37.97 and a 52 week high of $75.57. The firm has a fifty day moving average of $42.33 and a two-hundred day moving average of $46.28.

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 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 firm had revenue of $4.52 billion during the quarter, compared to the consensus estimate of $4.34 billion. During the same period in the prior year, the firm posted $1.30 earnings per share. 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. As a group, analysts predict that ManpowerGroup Inc. will post 4.23 EPS for the current fiscal year.

ManpowerGroup Company 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.