ManpowerGroup (NYSE:MAN) Raised to “Buy” at Wall Street Zen

ManpowerGroup (NYSE:MAN) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Other equities research analysts also recently issued research reports about the stock. Barclays boosted their price objective on shares of ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a research report on Monday, July 20th. UBS Group lifted their target price on 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 boosted their price target on ManpowerGroup from $36.00 to $57.00 and gave the company a “neutral” rating in a report on Friday, July 17th. Truist Financial upped their price target on ManpowerGroup from $34.00 to $50.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. Finally, Weiss Ratings raised ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Three research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $53.50.

ManpowerGroup Stock Performance

MAN opened at $58.36 on Friday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.27. The company has a market cap of $2.71 billion, a price-to-earnings ratio of 26.53 and a beta of 0.67. The company’s 50 day moving average is $43.78 and its 200 day moving average is $34.52. ManpowerGroup has a 12-month low of $25.15 and a 12-month high of $59.86.

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. BlackRock Inc. purchased a new position in shares of ManpowerGroup in the second quarter valued at about $265,921,000. AQR Capital Management LLC grew its holdings in ManpowerGroup by 60.3% during the 3rd quarter. AQR Capital Management LLC now owns 3,704,326 shares of the business services provider’s stock valued at $140,394,000 after buying an additional 1,393,622 shares in the last quarter. Quantinno Capital Management LP grew its holdings in ManpowerGroup by 235.8% during 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 in the last quarter. Alberta Investment Management Corp purchased a new stake in ManpowerGroup during the 2nd quarter valued at approximately $33,702,000. Finally, Balyasny Asset Management L.P. raised its position in shares of ManpowerGroup by 696.9% during the second quarter. Balyasny Asset Management L.P. now owns 991,063 shares of the business services provider’s stock valued at $40,039,000 after buying an additional 866,693 shares during the last quarter. Hedge funds and other institutional investors own 98.03% of the company’s stock.

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.