The Manufacturers Life Insurance Company Makes New $647,000 Investment in ManpowerGroup Inc. $MAN

The Manufacturers Life Insurance Company acquired a new stake in shares of ManpowerGroup Inc. (NYSE:MAN) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,149 shares of the business services provider’s stock, valued at approximately $647,000.

Several other institutional investors have also modified their holdings of the stock. Quarry LP purchased a new position in shares of ManpowerGroup in the 3rd quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd purchased a new stake in ManpowerGroup during the 3rd quarter valued at $30,000. Global Retirement Partners LLC bought a new stake in ManpowerGroup in the second quarter worth $30,000. Fifth Third Bancorp boosted its stake in ManpowerGroup by 637.7% during the fourth quarter. Fifth Third Bancorp now owns 1,114 shares of the business services provider’s stock worth $33,000 after buying an additional 963 shares during the period. Finally, Elevation Wealth Partners LLC boosted its stake in ManpowerGroup by 2,007.4% during the second quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider’s stock worth $38,000 after buying an additional 1,084 shares during the period. 98.03% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on MAN shares. Truist Financial increased their target price on shares of ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a research note on Friday, July 17th. BMO Capital Markets lifted their price target on shares of ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday, July 17th. The Goldman Sachs Group increased their price objective on shares of ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th. UBS Group upped their target price on ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a research note on Friday, July 17th. Finally, Robert W. Baird increased their price target on ManpowerGroup from $45.00 to $72.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Three investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $53.50.

ManpowerGroup Price Performance

Shares of MAN opened at $61.92 on Monday. The company has a 50 day moving average of $52.05 and a two-hundred day moving average of $37.47. The company has a market cap of $2.88 billion, a price-to-earnings ratio of 28.15, a price-to-earnings-growth ratio of 2.45 and a beta of 0.70. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.27. ManpowerGroup Inc. has a twelve month low of $25.15 and a twelve month high of $63.88.

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

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.