GSA Capital Partners LLP Takes $487,000 Position in ManpowerGroup Inc. $MAN

GSA Capital Partners LLP bought a new position in ManpowerGroup Inc. (NYSE:MAN) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 14,421 shares of the business services provider’s stock, valued at approximately $487,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MAN. Baird Financial Group Inc. purchased a new position in ManpowerGroup in the first quarter valued at $219,000. Goldman Sachs Group Inc. lifted its position in shares of ManpowerGroup by 12.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 347,423 shares of the business services provider’s stock worth $20,109,000 after purchasing an additional 38,710 shares during the last quarter. Empowered Funds LLC grew its stake in shares of ManpowerGroup by 3.2% during the first quarter. Empowered Funds LLC now owns 13,435 shares of the business services provider’s stock worth $778,000 after purchasing an additional 414 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of ManpowerGroup by 9.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 161,104 shares of the business services provider’s stock valued at $9,325,000 after acquiring an additional 13,906 shares during the last quarter. Finally, Focus Partners Wealth purchased a new stake in shares of ManpowerGroup during the 1st quarter worth approximately $348,000. 98.03% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MAN has been the topic of a number of research reports. Wall Street Zen upgraded shares of ManpowerGroup from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. BMO Capital Markets upped their price objective on shares of ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Robert W. Baird raised their target price on shares of ManpowerGroup from $45.00 to $72.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. UBS Group lifted their target price on shares of ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a report on Friday, July 17th. Finally, Weiss Ratings upgraded shares of ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Three analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $53.50.

ManpowerGroup Trading Up 1.3%

Shares of ManpowerGroup stock opened at $61.55 on Friday. ManpowerGroup Inc. has a fifty-two week low of $25.15 and a fifty-two week high of $62.45. The business’s fifty day moving average is $46.41 and its two-hundred day moving average is $35.46. 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 firm has a market cap of $2.86 billion, a PE ratio of 27.98 and a beta of 0.67.

ManpowerGroup (NYSE:MAN) last released its earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 in the previous year, the firm earned ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. Analysts anticipate that ManpowerGroup Inc. will post 3.62 earnings per share for the current 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.