VestGen Advisors LLC Purchases New Stake in ManpowerGroup Inc. $MAN

Key Points

• VestGen Advisors acquired 190,313 ManpowerGroup shares in the third quarter, valued at approximately $10.6 million. Institutional investors collectively own 98.03% of the company.
• Analyst sentiment remains mixed but centers on a “Hold” consensus, with a consensus price target of $51.25. Recent target prices ranged from $48 to $65, while ratings included three Buys, six Holds, and one Sell.
• ManpowerGroup’s latest quarterly results met expectations with earnings of $1.01 per share and revenue of $4.84 billion; revenue increased 4.4% year over year, though the company reported a narrow 0.64% net margin.

VestGen Advisors LLC acquired a new stake in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 190,313 shares of the business services provider's stock, valued at approximately $10,578,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Global Retirement Partners LLC bought a new stake in ManpowerGroup in the 2nd quarter valued at $30,000. Signaturefd LLC lifted its stake in ManpowerGroup by 31.1% in the 3rd quarter. Signaturefd LLC now owns 1,125 shares of the business services provider's stock worth $63,000 after purchasing an additional 267 shares in the last quarter. Elevation Wealth Partners LLC boosted its holdings in shares of ManpowerGroup by 2,007.4% during the 2nd quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider's stock valued at $38,000 after purchasing an additional 1,084 shares during the last quarter. SJS Investment Consulting Inc. bought a new position in shares of ManpowerGroup during the 1st quarter valued at about $57,000. Finally, Allworth Financial LP bought a new position in shares of ManpowerGroup during the 2nd quarter valued at about $88,000. Institutional investors own 98.03% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on MAN shares. UBS Group reduced their target price on ManpowerGroup from $56.00 to $48.00 and set a "neutral" rating on the stock in a report on Friday, October 16th. Truist Financial increased their price target on ManpowerGroup from $34.00 to $50.00 and gave the company a "hold" rating in a research note on Friday, July 17th. Weiss Ratings raised ManpowerGroup from a "sell (d)" rating to a "hold (c)" rating in a research note on Tuesday, August 11th. JPMorgan Chase & Co. cut their price target on ManpowerGroup from $59.00 to $50.00 and set a "neutral" rating for the company in a report on Friday, October 16th. Finally, Robert W. Baird reduced their price objective on ManpowerGroup from $72.00 to $65.00 and set an "outperform" rating on the stock in a research note on Friday, October 16th. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $51.25.

ManpowerGroup Price Performance

MAN stock opened at $45.80 on Thursday. ManpowerGroup Inc. has a 52 week low of $25.15 and a 52 week high of $63.88. The firm has a market capitalization of $2.13 billion, a P/E ratio of 18.10, a price-to-earnings-growth ratio of 1.89 and a beta of 0.68. The company has a fifty day simple moving average of $54.98 and a two-hundred day simple moving average of $39.71. The company has a quick ratio of 1.04, a current ratio of 1.05 and a debt-to-equity ratio of 0.26.

ManpowerGroup (NYSE:MAN - Get Free Report) last posted its earnings results on Thursday, October 15th. The business services provider reported $1.01 earnings per share for the quarter, hitting analysts' consensus estimates of $1.01. The firm had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.86 billion. ManpowerGroup had a net margin of 0.64% and a return on equity of 7.78%. The business's quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.83 EPS. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS. Analysts anticipate that ManpowerGroup Inc. will post 3.60 earnings per share for the current fiscal year.

ManpowerGroup Profile

ManpowerGroup Inc is a global workforce solutions and employment services company headquartered in Milwaukee, Wisconsin. Through its brands, the company provides temporary and permanent staffing, recruitment, workforce management, talent development, and career transition services to businesses and job seekers.

Its principal brands include Manpower, which specializes in staffing and workforce services; Experis, which focuses on information technology and professional talent; and Talent Solutions, which provides recruitment process outsourcing, talent consulting, leadership development, and outplacement services.

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