ManpowerGroup (NYSE:MAN) Trading Down 5.7% – What’s Next?

Shares of ManpowerGroup Inc. (NYSE:MAN) fell 5.7% during mid-day trading on Tuesday . The company traded as low as $34.15 and last traded at $33.86. 79,291 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 1,218,414 shares. The stock had previously closed at $35.92.

Analysts Set New Price Targets

Several analysts recently commented on MAN shares. Barclays lowered their target price on ManpowerGroup from $35.00 to $30.00 and set an “equal weight” rating on the stock in a research report on Monday, April 13th. UBS Group increased their price target on ManpowerGroup from $29.00 to $33.00 and gave the stock a “neutral” rating in a research note on Friday, April 17th. Wall Street Zen lowered ManpowerGroup from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. The Goldman Sachs Group restated a “neutral” rating on shares of ManpowerGroup in a research note on Friday, April 17th. Finally, Truist Financial reduced their price objective on shares of ManpowerGroup from $38.00 to $34.00 and set a “hold” rating for the company in a report on Friday, April 17th. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, ManpowerGroup currently has an average rating of “Hold” and an average price target of $37.50.

ManpowerGroup Stock Up 10.3%

The firm has a market cap of $1.73 billion, a price-to-earnings ratio of -100.71 and a beta of 0.73. The stock’s 50 day moving average is $31.13 and its 200 day moving average is $30.16. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.50.

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

ManpowerGroup Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a $0.72 dividend. The ex-dividend date was Monday, June 1st. This represents a dividend yield of 437.0%. ManpowerGroup’s dividend payout ratio is -389.19%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Quarry LP acquired a new stake in ManpowerGroup in the 3rd quarter valued at about $25,000. Caitong International Asset Management Co. Ltd bought a new position in shares of ManpowerGroup during the 3rd quarter valued at about $30,000. Fifth Third Bancorp grew its stake in shares of ManpowerGroup by 637.7% in the 4th 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 last quarter. Allworth Financial LP grew its stake in shares of ManpowerGroup by 69.3% in the 3rd quarter. Allworth Financial LP now owns 1,121 shares of the business services provider’s stock worth $42,000 after purchasing an additional 459 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in shares of ManpowerGroup by 320.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,376 shares of the business services provider’s stock worth $41,000 after purchasing an additional 1,049 shares in the last quarter. 98.03% of the stock is owned by institutional investors and hedge funds.

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.