State of New Jersey Common Pension Fund D Buys 26,536 Shares of ManpowerGroup Inc. $MAN

State of New Jersey Common Pension Fund D increased its stake in ManpowerGroup Inc. (NYSE:MAN) by 52.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,557 shares of the business services provider’s stock after purchasing an additional 26,536 shares during the period. State of New Jersey Common Pension Fund D owned 0.17% of ManpowerGroup worth $2,306,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of MAN. Nordea Investment Management AB grew its stake in ManpowerGroup by 74.1% during the fourth quarter. Nordea Investment Management AB now owns 151,563 shares of the business services provider’s stock valued at $4,561,000 after acquiring an additional 64,502 shares in the last quarter. Barclays PLC grew 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 valued at $22,141,000 after acquiring an additional 121,257 shares in the last quarter. Allianz Asset Management GmbH grew 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 valued at $20,945,000 after acquiring an additional 61,318 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its stake in ManpowerGroup by 17.3% during the third quarter. Robeco Institutional Asset Management B.V. now owns 327,584 shares of the business services provider’s stock valued at $12,415,000 after acquiring an additional 48,381 shares in the last quarter. Finally, Alberta Investment Management Corp grew its stake 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 in the last quarter. Institutional investors own 98.03% of the company’s stock.

ManpowerGroup Stock Down 2.0%

NYSE:MAN opened at $29.84 on Friday. The firm’s 50-day moving average price is $28.70 and its 200-day moving average price is $29.64. The company has a market capitalization of $1.39 billion, a PE ratio of -80.64 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 1.11. ManpowerGroup Inc. has a 1-year low of $25.15 and a 1-year high of $47.33.

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. ManpowerGroup had a negative net margin of 0.09% and a positive return on equity of 7.01%. The firm had revenue of $4.51 billion for the quarter, compared to the consensus estimate of $4.41 billion. During the same period in the prior year, the firm earned $0.44 EPS. The company’s 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. On average, equities analysts predict that ManpowerGroup Inc. will post 3.66 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have commented on MAN. 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. Weiss Ratings reissued a “sell (d)” rating on shares of ManpowerGroup in a research note on Friday, March 27th. 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 note on Tuesday, February 3rd. Robert W. Baird cut their price target on shares of ManpowerGroup from $50.00 to $45.00 and set an “outperform” rating for the company in a research note on Friday, April 17th. Finally, Wall Street Zen raised shares of ManpowerGroup from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $37.50.

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.