ManpowerGroup (NYSE:MAN) Stock Price Up 6.3% – Here’s Why

ManpowerGroup Inc. (NYSE:MAN) shares traded up 6.3% during mid-day trading on Monday . The company traded as high as $27.78 and last traded at $27.6010. 144,316 shares changed hands during trading, a decline of 88% from the average session volume of 1,249,642 shares. The stock had previously closed at $25.97.

Analyst Upgrades and Downgrades

MAN has been the topic of several research analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of ManpowerGroup in a report on Friday, March 27th. UBS Group boosted their price target on shares of ManpowerGroup from $29.00 to $33.00 and gave the stock a “neutral” rating in a research note on Friday, April 17th. Robert W. Baird decreased their price target on shares of ManpowerGroup from $50.00 to $45.00 and set an “outperform” rating on the stock in a research note on Friday, April 17th. Wall Street Zen downgraded shares of ManpowerGroup from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Argus upgraded ManpowerGroup from a “hold” rating to a “buy” rating and set a $42.00 price objective for the company in a research report on Tuesday, February 3rd. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $37.50.

ManpowerGroup Price Performance

The firm’s 50-day moving average is $28.64 and its two-hundred day moving average is $29.33. The company has a market cap of $1.29 billion, a P/E ratio of -74.81 and a beta of 0.74. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.12 and a quick ratio of 1.12.

ManpowerGroup (NYSE:MAN) last released its quarterly earnings data on Thursday, April 16th. The business services provider reported $0.51 EPS for the quarter, beating the consensus estimate of $0.50 by $0.01. ManpowerGroup had a negative net margin of 0.09% and a positive return on equity of 7.01%. The business had revenue of $4.51 billion during the quarter, compared to analyst estimates of $4.41 billion. During the same quarter last year, the business earned $0.44 earnings per share. ManpowerGroup’s quarterly revenue was up 10.3% compared to the same quarter last year. ManpowerGroup has set its Q2 2026 guidance at 0.910-1.050 EPS. Analysts anticipate that ManpowerGroup Inc. will post 3.66 earnings per share for the current year.

ManpowerGroup Announces Dividend

The firm also recently declared a dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be issued a $0.72 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a dividend yield of 483.0%. ManpowerGroup’s dividend payout ratio (DPR) is presently -389.19%.

Institutional Investors Weigh In On ManpowerGroup

Large investors have recently added to or reduced their stakes in the stock. Nordea Investment Management AB raised its holdings 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 valued at $4,561,000 after buying an additional 64,502 shares during the period. Barclays PLC boosted its stake in ManpowerGroup by 26.2% during the third quarter. Barclays PLC now owns 584,199 shares of the business services provider’s stock worth $22,141,000 after buying an additional 121,257 shares during the period. Allianz Asset Management GmbH boosted its stake in ManpowerGroup by 12.5% during the third quarter. Allianz Asset Management GmbH now owns 552,650 shares of the business services provider’s stock worth $20,945,000 after buying an additional 61,318 shares during the period. Bastion Asset Management Inc. bought a new position in ManpowerGroup during the third quarter valued at $1,415,000. Finally, Alberta Investment Management Corp increased its position in ManpowerGroup by 772.9% during the third quarter. Alberta Investment Management Corp now owns 1,059,100 shares of the business services provider’s stock valued at $40,140,000 after acquiring an additional 937,771 shares during the last quarter. 98.03% of the stock is owned by institutional investors.

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.