Wellington Management Group LLP Has $484,000 Holdings in ManpowerGroup Inc. $MAN

Wellington Management Group LLP decreased its position in ManpowerGroup Inc. (NYSE:MAN - Free Report) by 72.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor 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 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Colonial Trust Co SC bought a new stake in ManpowerGroup during the 4th quarter valued at $28,000. Fifth Third Bancorp raised its stake in 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 acquiring an additional 243 shares in the last quarter. GAMMA Investing LLC raised its stake in 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 acquiring an additional 488 shares in the last quarter. UMB Bank n.a. raised its stake in ManpowerGroup by 131.7% during the 1st quarter. UMB Bank n.a. now owns 899 shares of the business services provider's stock valued at $52,000 after acquiring an additional 511 shares in the last quarter. Finally, WFA Asset Management Corp raised its stake in ManpowerGroup by 129.3% during the 1st quarter. WFA Asset Management Corp now owns 1,376 shares of the business services provider's stock valued at $80,000 after acquiring an additional 776 shares in the last quarter. Institutional investors and hedge funds own 98.03% of the company's stock.

Analysts Set New Price Targets

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

ManpowerGroup Stock Up 0.3%

Shares of MAN stock traded up $0.14 on Friday, reaching $41.45. 387,074 shares of the company's stock traded hands, compared to its average volume of 897,705. 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. The company has a market capitalization of $1.92 billion, a P/E ratio of -109.08 and a beta of 1.08. The business's 50 day moving average price is $42.33 and its two-hundred day moving average price is $46.28.

ManpowerGroup (NYSE:MAN - Get Free Report) last issued its quarterly earnings results on Thursday, July 17th. The business services provider reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.69 by $0.09. The business had revenue of $4.52 billion for the quarter, compared to the consensus estimate of $4.34 billion. ManpowerGroup had a positive return on equity of 7.98% and a negative net margin of 0.09%.ManpowerGroup's revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.30 earnings per share. ManpowerGroup has set its Q3 2025 guidance at 0.770-0.870 EPS. On average, equities analysts forecast that ManpowerGroup Inc. will post 4.23 earnings per share for the current year.

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.