Hsbc Holdings PLC Purchases Shares of 32,859 ManpowerGroup Inc. $MAN

Hsbc Holdings PLC bought a new position in shares of ManpowerGroup Inc. (NYSE:MAN) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 32,859 shares of the business services provider’s stock, valued at approximately $1,103,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quarry LP acquired a new position in shares of ManpowerGroup during the 3rd quarter worth about $25,000. Global Retirement Partners LLC acquired a new stake in ManpowerGroup in the 2nd quarter valued at about $30,000. Caitong International Asset Management Co. Ltd acquired a new stake in ManpowerGroup in the 3rd quarter valued at about $30,000. Fifth Third Bancorp grew its holdings in ManpowerGroup by 637.7% during the fourth quarter. Fifth Third Bancorp now owns 1,114 shares of the business services provider’s stock worth $33,000 after purchasing an additional 963 shares during the period. Finally, Elevation Wealth Partners LLC grew its holdings in ManpowerGroup by 2,007.4% during the second quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider’s stock worth $38,000 after purchasing an additional 1,084 shares during the period. 98.03% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on MAN. Wall Street Zen upgraded ManpowerGroup from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Weiss Ratings upgraded ManpowerGroup from a “sell (d)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Robert W. Baird boosted their target price on ManpowerGroup from $45.00 to $72.00 and gave the stock an “outperform” rating in a 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. Finally, Truist Financial raised their price target on ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a report on Friday, July 17th. Three analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $53.50.

ManpowerGroup Stock Up 0.8%

Shares of MAN opened at $62.90 on Tuesday. The firm has a market cap of $2.93 billion, a P/E ratio of 28.59 and a beta of 0.67. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.04 and a current ratio of 1.04. ManpowerGroup Inc. has a 52 week low of $25.15 and a 52 week high of $63.88. The firm’s 50-day simple moving average is $49.86 and its 200 day simple moving average is $36.58.

ManpowerGroup (NYSE:MAN) last issued its quarterly earnings data on Thursday, July 16th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.96 by $0.03. The firm had revenue of $4.86 billion during 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 last year, the business posted ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, analysts forecast 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.