319,853 Shares in ManpowerGroup Inc. $MAN Purchased by Corient Private Wealth LP

Corient Private Wealth LP purchased a new stake in shares of ManpowerGroup Inc. (NYSE:MAN) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 319,853 shares of the business services provider’s stock, valued at approximately $10,801,000.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of ManpowerGroup in the 2nd quarter worth approximately $265,921,000. AQR Capital Management LLC increased its position in shares of ManpowerGroup by 60.3% during 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 purchasing an additional 1,393,622 shares during the period. Quantinno Capital Management LP increased its position in shares of ManpowerGroup by 235.8% during the first quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider’s stock valued at $52,850,000 after purchasing an additional 1,259,752 shares during the period. Alberta Investment Management Corp bought a new stake in shares of ManpowerGroup during the second quarter valued at approximately $33,702,000. Finally, Balyasny Asset Management L.P. raised its stake in shares of ManpowerGroup by 696.9% in the second quarter. Balyasny Asset Management L.P. now owns 991,063 shares of the business services provider’s stock valued at $40,039,000 after purchasing an additional 866,693 shares in the last quarter. Institutional investors and hedge funds own 98.03% of the company’s stock.

ManpowerGroup Trading Up 0.5%

Shares of MAN opened at $62.53 on Friday. ManpowerGroup Inc. has a 1 year low of $25.15 and a 1 year high of $63.88. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.27. The stock has a 50 day simple moving average of $49.23 and a 200-day simple moving average of $36.36. The stock has a market cap of $2.91 billion, a PE ratio of 28.42 and a beta of 0.67.

ManpowerGroup (NYSE:MAN) last announced its quarterly earnings results on Thursday, July 16th. The business services provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.96 by $0.03. The business had revenue of $4.86 billion for the quarter, compared to analyst estimates 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 previous year, the firm earned ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, sell-side analysts predict that ManpowerGroup Inc. will post 3.62 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on the company. Barclays raised their target price on ManpowerGroup from $30.00 to $47.00 and gave the stock an “equal weight” rating in a research report on Monday, July 20th. BMO Capital Markets boosted their price target on shares of ManpowerGroup from $49.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, July 17th. Wall Street Zen upgraded shares of ManpowerGroup from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. UBS Group raised their price objective on shares of ManpowerGroup from $41.00 to $55.00 and gave the stock a “neutral” rating in a report on Friday, July 17th. Finally, Truist Financial lifted their target price on shares of ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a research report on Friday, July 17th. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, ManpowerGroup has an average rating of “Hold” and a consensus price target of $53.50.

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.