ManpowerGroup Inc. $MAN Shares Sold by Vanguard Group Inc.

Key Points

• Vanguard Group Inc. reduced its stake in ManpowerGroup by 5.3%, holding 6,457,024 shares valued at approximately $373.73 million after selling 364,137 shares in Q1.
• Several large investors, including Northern Trust Corp and Allspring Global Investments, have altered their positions in ManpowerGroup, with significant increases in holdings.
• Analysts have set a consensus rating of "Hold" for ManpowerGroup, with a revised average price target of $48.20, indicating mixed outlooks amid a recent quarterly earnings beat.

Vanguard Group Inc. lessened its holdings in ManpowerGroup Inc. (NYSE:MAN - Free Report) by 5.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,457,024 shares of the business services provider's stock after selling 364,137 shares during the quarter. Vanguard Group Inc. owned about 13.81% of ManpowerGroup worth $373,733,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in MAN. Jefferies Financial Group Inc. bought a new position in ManpowerGroup during the first quarter valued at approximately $1,440,000. US Bancorp DE increased its stake in shares of ManpowerGroup by 14.0% in the first quarter. US Bancorp DE now owns 5,351 shares of the business services provider's stock worth $310,000 after purchasing an additional 656 shares in the last quarter. Natixis Advisors LLC increased its stake in shares of ManpowerGroup by 69.1% in the first quarter. Natixis Advisors LLC now owns 190,147 shares of the business services provider's stock worth $11,005,000 after purchasing an additional 77,712 shares in the last quarter. Bayforest Capital Ltd purchased a new stake in shares of ManpowerGroup in the first quarter worth $349,000. Finally, XTX Topco Ltd grew its stake in ManpowerGroup by 78.2% during the first quarter. XTX Topco Ltd now owns 32,738 shares of the business services provider's stock valued at $1,895,000 after acquiring an additional 14,363 shares in the last quarter. Hedge funds and other institutional investors own 98.03% of the company's stock.

Analyst Upgrades and Downgrades

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

ManpowerGroup Stock Performance

Shares of NYSE:MAN traded down $0.4950 during midday trading on Thursday, reaching $41.6550. The company's stock had a trading volume of 610,641 shares, compared to its average volume of 851,230. The firm has a market capitalization of $1.93 billion, a PE ratio of -109.62 and a beta of 1.08. ManpowerGroup Inc. has a twelve month low of $37.97 and a twelve month high of $75.57. The stock has a fifty day moving average of $41.87 and a 200 day moving average of $47.27. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.24.

ManpowerGroup (NYSE:MAN - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The business services provider reported $0.78 EPS for the quarter, beating the consensus estimate of $0.69 by $0.09. The company 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 was down .5% on a year-over-year basis. During the same quarter last year, the business earned $1.30 earnings per share. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. On average, equities analysts expect that ManpowerGroup Inc. will post 4.23 EPS for the current fiscal year.

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.