UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Cuts Holdings in ManpowerGroup Inc. $MAN

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its holdings in ManpowerGroup Inc. (NYSE:MAN) by 26.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 111,900 shares of the business services provider’s stock after selling 39,325 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in ManpowerGroup were worth $3,779,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Y Intercept Hong Kong Ltd boosted its position in shares of ManpowerGroup by 910.7% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 128,816 shares of the business services provider’s stock worth $3,795,000 after purchasing an additional 116,071 shares in the last quarter. Renaissance Technologies LLC purchased a new position in shares of ManpowerGroup in the 1st quarter valued at about $1,180,000. Assenagon Asset Management S.A. purchased a new position in shares of ManpowerGroup in the 2nd quarter valued at about $4,323,000. Hsbc Holdings PLC lifted its stake in shares of ManpowerGroup by 53.3% in the first quarter. Hsbc Holdings PLC now owns 55,257 shares of the business services provider’s stock valued at $1,632,000 after purchasing an additional 19,205 shares during the period. Finally, First Trust Advisors LP lifted its stake in shares of ManpowerGroup by 291.3% in the first quarter. First Trust Advisors LP now owns 112,648 shares of the business services provider’s stock valued at $3,319,000 after purchasing an additional 83,858 shares during the period. 98.03% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on MAN shares. Truist Financial boosted their price objective on shares of ManpowerGroup from $34.00 to $50.00 and gave the stock a “hold” rating in a report on Friday, July 17th. BMO Capital Markets increased their target price on shares of ManpowerGroup from $49.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, July 17th. Barclays lifted their price target on shares of ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a research report on Monday, July 20th. The Goldman Sachs Group boosted their price target on ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a research note on Friday, July 17th. Finally, UBS Group upped their price target on ManpowerGroup from $41.00 to $55.00 and gave the stock a “neutral” rating in a report on Friday, July 17th. Three research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $53.50.

ManpowerGroup Trading Down 0.8%

NYSE:MAN opened at $56.76 on Thursday. ManpowerGroup Inc. has a 52-week low of $25.15 and a 52-week high of $63.88. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.27. The stock has a fifty day simple moving average of $53.43 and a 200-day simple moving average of $38.10. The company has a market capitalization of $2.64 billion, a PE ratio of 25.80, a price-to-earnings-growth ratio of 2.26 and a beta of 0.70.

ManpowerGroup (NYSE:MAN) last posted its earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.03. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. The firm had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.72 billion. During the same period last year, the firm posted ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, equities research analysts expect that ManpowerGroup Inc. will post 3.62 earnings per share for the current fiscal year.

ManpowerGroup Profile

ManpowerGroup (NYSE: MAN) is a global leader in workforce solutions, offering a broad spectrum of staffing and talent management services. Founded in 1948 and headquartered in Milwaukee, Wisconsin, the company has grown from a temporary staffing firm to a diversified provider of workforce consultancy, recruitment, and outsourcing services. ManpowerGroup is publicly traded on the New York Stock Exchange under the ticker MAN.

The company’s service offerings are organized into four principal brands.