Maverick Capital Ltd. Invests $681,000 in ManpowerGroup Inc. $MAN

Maverick Capital Ltd. purchased a new position in shares of ManpowerGroup Inc. (NYSE:MAN) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 23,129 shares of the business services provider’s stock, valued at approximately $681,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Y Intercept Hong Kong Ltd boosted its stake in ManpowerGroup by 910.7% in the first quarter. Y Intercept Hong Kong Ltd now owns 128,816 shares of the business services provider’s stock worth $3,795,000 after buying an additional 116,071 shares in the last quarter. State of New Jersey Common Pension Fund D raised its stake in shares of ManpowerGroup by 52.0% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 77,557 shares of the business services provider’s stock worth $2,306,000 after acquiring an additional 26,536 shares in the last quarter. Azarias Capital Management L.P. lifted its holdings in shares of ManpowerGroup by 40.9% in the 4th quarter. Azarias Capital Management L.P. now owns 289,883 shares of the business services provider’s stock worth $8,618,000 after acquiring an additional 84,152 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of ManpowerGroup in the 4th quarter worth approximately $714,000. Finally, Chicago Partners Investment Group LLC purchased a new stake in shares of ManpowerGroup in the 1st quarter valued at $495,000. 98.03% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of ManpowerGroup in a research note on Wednesday, June 24th. Wall Street Zen lowered ManpowerGroup from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. UBS Group increased their target price on ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a report 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 boosted their price objective on ManpowerGroup from $45.00 to $72.00 and gave the company an “outperform” rating in a research report on Friday, July 17th. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, ManpowerGroup has an average rating of “Hold” and an average price target of $53.50.

ManpowerGroup Stock Up 3.3%

Shares of ManpowerGroup stock opened at $55.45 on Wednesday. ManpowerGroup Inc. has a 1 year low of $25.15 and a 1 year high of $56.46. The firm has a market cap of $2.58 billion, a price-to-earnings ratio of 25.20 and a beta of 0.73. The company has a 50-day moving average of $37.24 and a 200 day moving average of $32.23. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.04 and a quick ratio of 1.12.

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

ManpowerGroup Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a $0.72 dividend. The ex-dividend date was Monday, June 1st. This represents a dividend yield of 437.0%. ManpowerGroup’s payout ratio is currently 65.45%.

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.