Royce & Associates LP Boosts Holdings in ManpowerGroup Inc. $MAN

Royce & Associates LP lifted its stake in ManpowerGroup Inc. (NYSE:MAN) by 41.5% in the 4th quarter, HoldingsChannel reports. The firm owned 145,000 shares of the business services provider’s stock after buying an additional 42,500 shares during the quarter. Royce & Associates LP’s holdings in ManpowerGroup were worth $4,311,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Nordea Investment Management AB lifted its position in shares of ManpowerGroup by 74.1% in 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 during the period. Barclays PLC lifted its position in shares of ManpowerGroup by 26.2% in the 3rd quarter. Barclays PLC now owns 584,199 shares of the business services provider’s stock worth $22,141,000 after purchasing an additional 121,257 shares during the period. Allianz Asset Management GmbH lifted its position in ManpowerGroup by 12.5% during the 3rd quarter. Allianz Asset Management GmbH now owns 552,650 shares of the business services provider’s stock valued at $20,945,000 after acquiring an additional 61,318 shares during the period. Bastion Asset Management Inc. purchased a new position in ManpowerGroup during the 3rd quarter valued at about $1,415,000. Finally, Alberta Investment Management Corp lifted its position in ManpowerGroup by 772.9% during the 3rd 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 period. 98.03% of the stock is owned by hedge funds and other institutional investors.

ManpowerGroup Trading Up 4.7%

Shares of NYSE MAN opened at $31.74 on Friday. ManpowerGroup Inc. has a 1 year low of $25.15 and a 1 year high of $47.33. The stock has a market cap of $1.48 billion, a P/E ratio of -85.79 and a beta of 0.74. The firm has a 50-day moving average of $29.06 and a 200 day moving average of $29.32. 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 issued its earnings results on Thursday, April 16th. The business services provider reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.01. The business had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.41 billion. ManpowerGroup had a negative net margin of 0.09% and a positive return on equity of 7.01%. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.44 earnings per share. ManpowerGroup has set its Q2 2026 guidance at 0.910-1.050 EPS. As a group, sell-side analysts expect that ManpowerGroup Inc. will post 3.66 EPS for the current fiscal year.

ManpowerGroup Announces Dividend

The company also recently announced a dividend, which will be paid on Monday, June 15th. Shareholders 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 yield of 483.0%. ManpowerGroup’s payout ratio is -389.19%.

Analysts Set New Price Targets

MAN has been the subject of a number of recent research reports. The Goldman Sachs Group reissued a “neutral” rating on shares of ManpowerGroup in a research report on Friday, April 17th. Argus raised shares of ManpowerGroup from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a research report on Tuesday, February 3rd. Wall Street Zen cut shares of ManpowerGroup from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Barclays lowered their price target on shares of ManpowerGroup from $35.00 to $30.00 and set an “equal weight” rating for the company in a research report on Monday, April 13th. Finally, Robert W. Baird lowered their price target on shares of ManpowerGroup from $50.00 to $45.00 and set an “outperform” rating for the company in a research report on Friday, April 17th. Three analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $37.50.

ManpowerGroup 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.