Sei Investments Co. Increases Stock Position in ManpowerGroup Inc. $MAN

Sei Investments Co. increased its holdings in ManpowerGroup Inc. (NYSE:MAN) by 30.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 39,576 shares of the business services provider’s stock after buying an additional 9,138 shares during the period. Sei Investments Co.’s holdings in ManpowerGroup were worth $1,167,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Baird Financial Group Inc. bought a new stake in ManpowerGroup during the 1st quarter valued at $219,000. Goldman Sachs Group Inc. lifted its position in shares of ManpowerGroup by 12.5% during the first quarter. Goldman Sachs Group Inc. now owns 347,423 shares of the business services provider’s stock worth $20,109,000 after acquiring an additional 38,710 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of ManpowerGroup by 3.2% in the first quarter. Empowered Funds LLC now owns 13,435 shares of the business services provider’s stock worth $778,000 after acquiring an additional 414 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of ManpowerGroup by 9.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 161,104 shares of the business services provider’s stock worth $9,325,000 after acquiring an additional 13,906 shares during the period. Finally, Focus Partners Wealth purchased a new position in shares of ManpowerGroup in the first quarter valued at $348,000. 98.03% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Truist Financial boosted their price objective on ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a research note on Friday, July 17th. Robert W. Baird raised their target price on ManpowerGroup from $45.00 to $72.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of ManpowerGroup in a report on Wednesday, June 24th. Barclays lifted their target price on ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a report on Monday, July 20th. Finally, The Goldman Sachs Group upped their price target on ManpowerGroup from $36.00 to $57.00 and gave the company a “neutral” rating in a research report on Friday, July 17th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, ManpowerGroup presently has an average rating of “Hold” and an average price target of $53.50.

ManpowerGroup Stock Down 0.5%

Shares of NYSE:MAN opened at $56.25 on Wednesday. The firm has a fifty day moving average price of $42.21 and a two-hundred day moving average price of $33.95. 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 Inc. has a one year low of $25.15 and a one year high of $57.94. The company has a market cap of $2.62 billion, a price-to-earnings ratio of 25.57 and a beta of 0.67.

ManpowerGroup (NYSE:MAN) last released its quarterly earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share for the quarter, topping 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 firm had revenue of $4.86 billion for the quarter, compared to analysts’ expectations of $4.72 billion. During the same quarter in the prior year, the firm posted ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. Analysts anticipate that ManpowerGroup Inc. will post 3.62 EPS for the current fiscal year.

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.