51,433 Shares in ManpowerGroup Inc. $MAN Bought by Deutsche Bank AG

Deutsche Bank AG purchased a new position in ManpowerGroup Inc. (NYSE:MAN) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 51,433 shares of the business services provider’s stock, valued at approximately $1,737,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. AQR Capital Management LLC raised its holdings in shares of ManpowerGroup by 60.3% during the third quarter. AQR Capital Management LLC now owns 3,704,326 shares of the business services provider’s stock valued at $140,394,000 after purchasing an additional 1,393,622 shares during the period. Quantinno Capital Management LP boosted its position in shares of 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 worth $52,850,000 after purchasing an additional 1,259,752 shares in the last quarter. Alberta Investment Management Corp acquired a new stake in shares of ManpowerGroup in the 2nd quarter valued at about $33,702,000. Balyasny Asset Management L.P. grew its stake in shares of ManpowerGroup by 696.9% in the 2nd 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 period. Finally, Millennium Management LLC increased its position in ManpowerGroup by 77.3% in the 4th quarter. Millennium Management LLC now owns 1,525,936 shares of the business services provider’s stock valued at $45,366,000 after buying an additional 665,135 shares in the last quarter. 98.03% of the stock is owned by institutional investors.

ManpowerGroup Trading Up 0.5%

MAN opened at $62.53 on Friday. ManpowerGroup Inc. has a fifty-two week low of $25.15 and a fifty-two week high of $63.88. The firm has a market capitalization of $2.91 billion, a PE ratio of 28.42 and a beta of 0.67. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.04 and a quick ratio of 1.04. The company’s 50-day moving average is $49.23 and its 200 day moving average is $36.36.

ManpowerGroup (NYSE:MAN) last released its quarterly earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.03. The business had revenue of $4.86 billion during 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 quarter in the previous year, the business earned ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. As a group, research analysts predict that ManpowerGroup Inc. will post 3.62 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on MAN. Wall Street Zen raised ManpowerGroup from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. The Goldman Sachs Group boosted their price objective on ManpowerGroup from $36.00 to $57.00 and gave the company a “neutral” rating in a report on Friday, July 17th. BMO Capital Markets upped their target price on ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Robert W. Baird increased 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. Finally, UBS Group lifted their price target on shares of ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a research report on Friday, July 17th. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, ManpowerGroup presently has a consensus rating of “Hold” and an average price target of $53.50.

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.