Watershed Asset Management L.L.C. Acquires New Position in ManpowerGroup Inc. $MAN

Watershed Asset Management L.L.C. purchased a new stake in shares of ManpowerGroup Inc. (NYSE:MAN) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 17,458 shares of the business services provider’s stock, valued at approximately $514,000. ManpowerGroup comprises approximately 0.5% of Watershed Asset Management L.L.C.’s portfolio, making the stock its 21st biggest holding.

Several other hedge funds also recently added to or reduced their stakes in MAN. Nordea Investment Management AB grew its stake in ManpowerGroup by 74.1% during the 4th quarter. Nordea Investment Management AB now owns 151,563 shares of the business services provider’s stock worth $4,561,000 after purchasing an additional 64,502 shares in the last quarter. State of New Jersey Common Pension Fund D raised its position in ManpowerGroup by 52.0% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 77,557 shares of the business services provider’s stock valued at $2,306,000 after purchasing an additional 26,536 shares in the last quarter. Y Intercept Hong Kong Ltd raised its position in ManpowerGroup by 910.7% in the 1st quarter. Y Intercept Hong Kong Ltd now owns 128,816 shares of the business services provider’s stock valued at $3,795,000 after purchasing an additional 116,071 shares in the last quarter. Azarias Capital Management L.P. boosted its stake 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 valued at $8,618,000 after buying an additional 84,152 shares during the period. Finally, SG Americas Securities LLC purchased a new position in shares of ManpowerGroup in the 4th quarter valued at about $714,000. 98.03% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting ManpowerGroup

Here are the key news stories impacting ManpowerGroup this week:

• Positive Sentiment: ManpowerGroup reported Q2 EPS of $0.99, topping estimates of $0.96, while revenue of about $4.86 billion also beat expectations. Results improved year over year, helped by stronger demand across multiple regions and tighter cost control. ManpowerGroup Reports 2nd Quarter 2026 Results
• Positive Sentiment: The company guided Q3 EPS to $0.96-$1.06, which brackets or slightly exceeds Street expectations, reinforcing confidence that recent operating momentum can continue. ManpowerGroup forecasts Q3 EPS of $0.96-$1.06 as it targets $200M in 2028 cost savings
• Positive Sentiment: Analysts raised price targets after the beat, including Robert W. Baird boosting its target to $72 from $45 and maintaining an outperform rating, signaling improved Wall Street sentiment. ManpowerGroup Analysts Boost Their Forecasts After Strong Q2 Results
• Neutral Sentiment: Truist also raised its target to $50 from $34 but kept a hold rating, suggesting the stock may be fairly valued after the rally even as expectations improve. Benzinga/The Fly report on Truist price target update

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on MAN. UBS Group boosted their price objective on ManpowerGroup from $41.00 to $55.00 and gave the stock a “neutral” rating in a research report on Friday. Truist Financial lifted their price target on shares of ManpowerGroup from $34.00 to $50.00 and gave the stock a “hold” rating in a research note on Friday. Robert W. Baird increased their price objective on shares of ManpowerGroup from $45.00 to $72.00 and gave the company an “outperform” rating in a research report on Friday. Wall Street Zen lowered shares of ManpowerGroup from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, BMO Capital Markets lifted their price objective on shares of ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday. Three analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $51.38.

ManpowerGroup Trading Up 1.3%

Shares of MAN stock opened at $52.31 on Friday. The company has a market capitalization of $2.43 billion, a P/E ratio of 23.78 and a beta of 0.73. The company has a current ratio of 1.04, a quick ratio of 1.12 and a debt-to-equity ratio of 0.27. The business’s 50 day moving average is $33.71 and its two-hundred day moving average is $31.12. ManpowerGroup Inc. has a twelve month low of $25.15 and a twelve month high of $55.70.

ManpowerGroup (NYSE:MAN) last released its quarterly 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 during the quarter, compared to analysts’ expectations of $4.72 billion. ManpowerGroup had a return on equity of 7.45% and a net margin of 0.56%.During the same quarter in the prior year, the business earned ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. Equities analysts forecast that ManpowerGroup Inc. will post 3.66 EPS for the current year.

ManpowerGroup Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a dividend of $0.72 per share. The ex-dividend date was Monday, June 1st. This represents a yield of 437.0%. ManpowerGroup’s payout ratio is presently -389.19%.

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.