ManpowerGroup (NYSE:MAN) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of ManpowerGroup (NYSE:MAN) from a hold rating to a buy rating in a research report report published on Saturday.

A number of other equities research analysts have also issued reports on the stock. The Goldman Sachs Group increased their target price on shares of ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a report on Friday, July 17th. BMO Capital Markets boosted their price target on shares of ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. Barclays upped their price objective on ManpowerGroup from $30.00 to $47.00 and gave the stock an “equal weight” rating in a research report on Monday, July 20th. Weiss Ratings upgraded ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Finally, Truist Financial lifted their target price on ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a report on Friday, July 17th. Three research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $53.50.

ManpowerGroup Stock Down 2.7%

Shares of NYSE:MAN opened at $56.72 on Friday. The firm has a market capitalization of $2.64 billion, a PE ratio of 25.78 and a beta of 0.67. ManpowerGroup has a 1 year low of $25.15 and a 1 year high of $59.86. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.04 and a quick ratio of 1.04. The firm’s 50-day moving average is $44.27 and its two-hundred day moving average is $34.71.

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

Institutional Trading of ManpowerGroup

A number of institutional investors have recently bought and sold shares of the business. Treasurer of the State of North Carolina boosted its position in shares of ManpowerGroup by 1.4% during the 2nd quarter. Treasurer of the State of North Carolina now owns 21,513 shares of the business services provider’s stock worth $869,000 after acquiring an additional 296 shares in the last quarter. Cetera Investment Advisers raised its position in shares of ManpowerGroup by 3.6% during the 2nd quarter. Cetera Investment Advisers now owns 10,096 shares of the business services provider’s stock worth $408,000 after acquiring an additional 348 shares in the last quarter. Quarry LP raised its position in shares of ManpowerGroup by 55.3% during the 4th quarter. Quarry LP now owns 1,034 shares of the business services provider’s stock worth $31,000 after acquiring an additional 368 shares in the last quarter. Empowered Funds LLC raised its position in shares of ManpowerGroup by 3.2% during the 1st quarter. Empowered Funds LLC now owns 13,435 shares of the business services provider’s stock worth $778,000 after acquiring an additional 414 shares in the last quarter. Finally, State of Wyoming lifted its stake in ManpowerGroup by 7.6% during the second quarter. State of Wyoming now owns 6,197 shares of the business services provider’s stock worth $250,000 after purchasing an additional 440 shares during the last quarter. 98.03% of the stock is owned by hedge funds and other institutional investors.

About ManpowerGroup

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.