Wellington Management Group LLP Lowers Stock Holdings in ManpowerGroup Inc. $MAN

Wellington Management Group LLP lessened its stake in ManpowerGroup Inc. (NYSE:MAN - Free Report) by 72.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,358 shares of the business services provider's stock after selling 22,218 shares during the quarter. Wellington Management Group LLP's holdings in ManpowerGroup were worth $484,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Colonial Trust Co SC purchased a new stake in shares of ManpowerGroup during the 4th quarter valued at approximately $28,000. Fifth Third Bancorp raised 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 valued at $43,000 after buying an additional 243 shares during the period. GAMMA Investing LLC raised its position in shares of ManpowerGroup by 190.6% during the 1st quarter. GAMMA Investing LLC now owns 744 shares of the business services provider's stock valued at $43,000 after buying an additional 488 shares during the period. 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 period. Finally, WFA Asset Management Corp raised its position in ManpowerGroup by 129.3% in the first quarter. WFA Asset Management Corp now owns 1,376 shares of the business services provider's stock valued at $80,000 after purchasing an additional 776 shares during the period. Institutional investors and hedge funds own 98.03% of the company's stock.

ManpowerGroup Stock Performance

Shares of MAN stock traded down $0.04 during mid-day trading on Friday, hitting $41.27. 785,950 shares of the stock were exchanged, compared to its average volume of 690,952. The stock's fifty day simple moving average is $42.34 and its two-hundred day simple moving average is $46.12. The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of -108.59 and a beta of 1.08. ManpowerGroup Inc. has a 12-month low of $37.97 and a 12-month high of $75.57. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.98 and a current ratio of 0.98.

ManpowerGroup (NYSE:MAN - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $4.52 billion for the quarter, compared to analyst estimates of $4.34 billion. ManpowerGroup had a positive return on equity of 7.98% and a negative net margin of 0.09%.The business's quarterly revenue was down .5% compared to the same quarter last year. During the same quarter last year, the company posted $1.30 earnings per share. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. On average, analysts forecast that ManpowerGroup Inc. will post 4.23 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on MAN. UBS Group boosted their target price on ManpowerGroup from $42.00 to $45.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Wall Street Zen raised ManpowerGroup from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. Five research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $48.20.

About ManpowerGroup

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.