Russell Investments Group Ltd. Has $6.92 Million Stock Position in ManpowerGroup Inc. $MAN

Key Points

• Russell Investments Group Ltd. reduced its holdings in ManpowerGroup by 18.5%, resulting in ownership of 119,492 shares valued at approximately $6.92 million.
• ManpowerGroup reported a quarterly earnings per share of $0.78, exceeding analysts' expectations of $0.69, with a revenue of $4.52 billion for the quarter.
• ManpowerGroup has received a consensus "Hold" rating from analysts, with a target price increase to $48.20 following various upgrades in recent reports.

Russell Investments Group Ltd. reduced its stake in ManpowerGroup Inc. (NYSE:MAN - Free Report) by 18.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 119,492 shares of the business services provider's stock after selling 27,169 shares during the quarter. Russell Investments Group Ltd. owned about 0.26% of ManpowerGroup worth $6,917,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of MAN. Envestnet Asset Management Inc. raised its holdings in ManpowerGroup by 26.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 9,850 shares of the business services provider's stock valued at $569,000 after acquiring an additional 2,040 shares during the period. Raymond James Financial Inc. bought a new position in ManpowerGroup in the 4th quarter valued at about $875,000. Marshall Wace LLP bought a new position in ManpowerGroup in the 4th quarter valued at about $2,632,000. First Trust Advisors LP grew its position in shares of ManpowerGroup by 5.9% during the 4th quarter. First Trust Advisors LP now owns 85,278 shares of the business services provider's stock worth $4,922,000 after purchasing an additional 4,743 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of ManpowerGroup by 2.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,493,838 shares of the business services provider's stock worth $143,942,000 after purchasing an additional 59,763 shares in the last quarter. 98.03% of the stock is owned by institutional investors.

ManpowerGroup Price Performance

Shares of NYSE MAN traded down $3.09 during trading hours on Tuesday, hitting $41.07. 1,380,387 shares of the stock were exchanged, compared to its average volume of 819,368. 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 company has a market cap of $1.90 billion, a PE ratio of -108.08 and a beta of 1.08. The company's fifty day simple moving average is $42.04 and its two-hundred day simple moving average is $46.89. 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 (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.09. The business had revenue of $4.52 billion for the quarter, compared to analyst estimates of $4.34 billion. ManpowerGroup had a negative net margin of 0.09% and a positive return on equity of 7.98%. The firm's revenue for the quarter was down .5% on a year-over-year basis. During the same quarter last year, the business posted $1.30 EPS. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. On average, sell-side analysts predict that ManpowerGroup Inc. will post 4.23 EPS for the current year.

Wall Street Analysts Forecast Growth

MAN has been the topic of a number of analyst reports. UBS Group increased their target price on shares of ManpowerGroup from $42.00 to $45.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Wall Street Zen upgraded shares of ManpowerGroup from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. Five equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, ManpowerGroup currently has an average rating of "Hold" and an average target price of $48.20.

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.