Sei Investments Co. Purchases 9,138 Shares of ManpowerGroup Inc. $MAN

Sei Investments Co. raised its position in ManpowerGroup Inc. (NYSE:MAN) by 30.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 39,576 shares of the business services provider’s stock after buying an additional 9,138 shares during the period. Sei Investments Co. owned 0.09% of ManpowerGroup worth $1,167,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Baird Financial Group Inc. purchased a new stake in shares of ManpowerGroup during the first quarter valued at approximately $219,000. Goldman Sachs Group Inc. lifted its holdings in ManpowerGroup by 12.5% during the first quarter. Goldman Sachs Group Inc. now owns 347,423 shares of the business services provider’s stock worth $20,109,000 after acquiring an additional 38,710 shares during the period. Empowered Funds LLC boosted its position in ManpowerGroup by 3.2% in the first quarter. Empowered Funds LLC now owns 13,435 shares of the business services provider’s stock worth $778,000 after purchasing an additional 414 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in ManpowerGroup by 9.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 161,104 shares of the business services provider’s stock worth $9,325,000 after purchasing an additional 13,906 shares during the last quarter. Finally, Focus Partners Wealth bought a new position in ManpowerGroup in the 1st quarter valued at $348,000. Institutional investors own 98.03% of the company’s stock.

ManpowerGroup Stock Performance

NYSE:MAN opened at $56.25 on Wednesday. The company has a market capitalization of $2.62 billion, a P/E ratio of 25.57 and a beta of 0.67. The business has a fifty day simple moving average of $42.21 and a two-hundred day simple moving average of $33.95. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.04 and a quick ratio of 1.12. ManpowerGroup Inc. has a 1 year low of $25.15 and a 1 year high of $57.94.

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

Analyst Ratings Changes

MAN has been the subject of several research analyst reports. Truist Financial raised their target price on ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a research report on Friday, July 17th. Barclays increased their price target on shares of ManpowerGroup from $30.00 to $47.00 and gave the company an “equal weight” rating in a research report on Monday, July 20th. BMO Capital Markets raised their price objective on shares of ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. UBS Group lifted their price objective on shares of ManpowerGroup from $41.00 to $55.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th. Finally, Wall Street Zen lowered shares of ManpowerGroup from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, ManpowerGroup presently has a consensus rating of “Hold” and an average target price of $53.50.

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.