ManpowerGroup Inc. $MAN Shares Sold by Royce & Associates LP

Royce & Associates LP trimmed its stake in ManpowerGroup Inc. (NYSE:MAN) by 17.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 705,000 shares of the business services provider’s stock after selling 150,000 shares during the period. Royce & Associates LP’s holdings in ManpowerGroup were worth $39,184,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of ManpowerGroup during the 2nd quarter valued at approximately $265,921,000. Quantinno Capital Management LP lifted its position in ManpowerGroup by 235.8% in the first quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider’s stock worth $52,850,000 after buying an additional 1,259,752 shares during the last quarter. Alberta Investment Management Corp bought a new stake in ManpowerGroup in the second quarter worth $33,702,000. Wellington Management Group LLP bought a new stake in ManpowerGroup in the second quarter worth $25,709,000. Finally, RBF Capital LLC boosted its stake in ManpowerGroup by 1.0% during the first quarter. RBF Capital LLC now owns 475,017 shares of the business services provider’s stock worth $13,994,000 after buying an additional 4,934 shares during the period. Hedge funds and other institutional investors own 98.03% of the company’s stock.

Analyst Ratings Changes

MAN has been the subject of several recent analyst reports. UBS Group dropped their price objective on shares of ManpowerGroup from $56.00 to $48.00 and set a “neutral” rating for the company in a research note on Friday, October 16th. Barclays increased their target price on shares of ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a research note on Monday, July 20th. Weiss Ratings restated a “hold (c)” rating on shares of ManpowerGroup in a report on Wednesday, November 4th. Robert W. Baird lowered their target price on shares of ManpowerGroup from $72.00 to $65.00 and set an “outperform” rating for the company in a report on Friday, October 16th. Finally, BNP Paribas Exane cut shares of ManpowerGroup from an “outperform” rating to a “neutral” rating and set a $52.50 price target for the company. in a research note on Tuesday, November 3rd. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $51.39.

ManpowerGroup Trading Up 1.3%

Shares of MAN traded up $0.62 during mid-day trading on Friday, reaching $46.67. 442,707 shares of the company’s stock traded hands, compared to its average volume of 842,721. The stock has a market cap of $2.17 billion, a P/E ratio of 18.45, a P/E/G ratio of 1.83 and a beta of 0.78. The stock’s 50-day moving average is $51.27 and its two-hundred day moving average is $40.64. ManpowerGroup Inc. has a 12 month low of $25.15 and a 12 month high of $63.88. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.05 and a quick ratio of 1.05.

ManpowerGroup (NYSE:MAN) last issued its quarterly earnings results on Thursday, October 15th. The business services provider reported $1.01 earnings per share for the quarter, hitting the consensus estimate of $1.01. ManpowerGroup had a return on equity of 7.78% and a net margin of 0.64%. The firm had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $4.86 billion. During the same period in the prior year, the business posted $0.83 earnings per share. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS. Research analysts forecast that ManpowerGroup Inc. will post 3.60 earnings per share for the current fiscal year.

ManpowerGroup Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be given a dividend of $0.72 per share. This represents a dividend yield of 313.0%. The ex-dividend date is Tuesday, December 1st. ManpowerGroup’s dividend payout ratio (DPR) is 56.92%.

ManpowerGroup Company Profile

ManpowerGroup Inc. is a global workforce solutions company that helps organizations find, manage and develop talent. Its services include permanent and temporary recruitment, staffing, workforce management, outsourcing and career-transition support. The company operates through brands including Manpower, Experis and Talent Solutions. These businesses serve employers and job seekers across a range of industries, offering services from general staffing and professional recruitment to technology talent and workforce development.