ManpowerGroup (NYSE:MAN) Lowered to “Hold” Rating by Wall Street Zen

Wall Street Zen cut shares of ManpowerGroup (NYSE:MAN) from a buy rating to a hold rating in a research note released on Saturday,Wall Street Zen reports.

MAN has been the topic of several other reports. Weiss Ratings upgraded shares of ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. UBS Group upped their target price on shares of ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a research report on Friday, July 17th. The Goldman Sachs Group increased their price target on ManpowerGroup from $36.00 to $57.00 and gave the company a “neutral” rating in a research note on Friday, July 17th. BMO Capital Markets raised their price target on ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Finally, Robert W. Baird lifted their price objective on ManpowerGroup from $45.00 to $72.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. Three research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $53.50.

ManpowerGroup Price Performance

Shares of MAN stock opened at $61.92 on Friday. The firm has a market cap of $2.88 billion, a price-to-earnings ratio of 28.15, a PEG ratio of 2.45 and a beta of 0.70. ManpowerGroup has a 12 month low of $25.15 and a 12 month 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 50-day moving average price of $52.05 and a 200 day moving average price of $37.41.

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. The company had revenue of $4.86 billion for the quarter, compared to the consensus estimate of $4.72 billion. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. During the same period in the prior year, the company posted ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. Research analysts expect that ManpowerGroup will post 3.62 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of MAN. BlackRock Inc. acquired a new stake in ManpowerGroup in the second quarter worth $265,921,000. AQR Capital Management LLC boosted its position in shares of ManpowerGroup by 60.3% during the third quarter. AQR Capital Management LLC now owns 3,704,326 shares of the business services provider’s stock worth $140,394,000 after purchasing an additional 1,393,622 shares in the last quarter. Schroder Investment Management Group grew its holdings in shares of ManpowerGroup by 24.6% in the 4th quarter. Schroder Investment Management Group now owns 2,247,476 shares of the business services provider’s stock valued at $66,817,000 after buying an additional 443,790 shares during the period. California State Teachers Retirement System grew its holdings in shares of ManpowerGroup by 3,196.1% in the 2nd quarter. California State Teachers Retirement System now owns 2,013,570 shares of the business services provider’s stock valued at $67,998,000 after buying an additional 1,952,481 shares during the period. Finally, Quantinno Capital Management LP grew its holdings in shares of ManpowerGroup by 235.8% in the 1st quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider’s stock valued at $52,850,000 after buying an additional 1,259,752 shares during the period. Institutional investors and hedge funds own 98.03% of the company’s stock.

ManpowerGroup Company 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.