ManpowerGroup (NYSE:MAN) Share Price Passes Above 200 Day Moving Average – Should You Sell?

ManpowerGroup Inc. (NYSE:MAN)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $32.05 and traded as high as $53.71. ManpowerGroup shares last traded at $53.5810, with a volume of 1,615,101 shares traded.

Analysts Set New Price Targets

MAN has been the topic of a number of research analyst reports. Weiss Ratings reissued a “sell (d)” rating on shares of ManpowerGroup in a report on Wednesday, June 24th. UBS Group increased their price objective on shares of ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a report on Friday, July 17th. BMO Capital Markets lifted their price objective on shares of ManpowerGroup from $49.00 to $63.00 and gave the company an “outperform” rating in a research report on Friday, July 17th. Wall Street Zen downgraded shares of ManpowerGroup from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, The Goldman Sachs Group raised their target price on shares of ManpowerGroup from $36.00 to $57.00 and gave the company a “neutral” rating in a research note on Friday, July 17th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $53.50.

ManpowerGroup Stock Up 1.0%

The firm has a market capitalization of $2.60 billion, a PE ratio of 25.43 and a beta of 0.73. The business’s 50 day simple moving average is $37.24 and its 200 day simple moving average is $32.23. The company has a current ratio of 1.04, a quick ratio of 1.12 and a debt-to-equity ratio of 0.27.

ManpowerGroup (NYSE:MAN) last announced its earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.03. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. The firm had revenue of $4.86 billion for the quarter, compared to analysts’ expectations of $4.72 billion. During the same period in the prior year, the company earned ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, equities research analysts forecast that ManpowerGroup Inc. will post 3.62 earnings per share for the current year.

ManpowerGroup Dividend Announcement

The business also recently announced 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 payout ratio is 65.45%.

Institutional Trading of ManpowerGroup

Hedge funds and other institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC raised its stake in shares of ManpowerGroup by 60.3% in 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 acquiring an additional 1,393,622 shares during the period. Schroder Investment Management Group lifted its holdings in shares of ManpowerGroup by 24.6% in the 4th quarter. Schroder Investment Management Group now owns 2,247,476 shares of the business services provider’s stock worth $66,817,000 after acquiring an additional 443,790 shares during the last quarter. Quantinno Capital Management LP boosted its stake 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 during the period. State Street Corp boosted its stake in shares of ManpowerGroup by 2.0% during the 4th quarter. State Street Corp now owns 1,616,447 shares of the business services provider’s stock worth $48,057,000 after purchasing an additional 31,749 shares during the period. Finally, Millennium Management LLC grew its holdings in ManpowerGroup by 77.3% during 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 purchasing an additional 665,135 shares during the last quarter. Hedge funds and other institutional investors own 98.03% of the company’s stock.

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.