ManpowerGroup (NYSE:MAN) Stock Gets Price Target Reduction from JPMorgan Chase & Co.

ManpowerGroup (NYSE:MAN) had its target price trimmed by JPMorgan Chase & Co. from $59.00 to $50.00 in a research report report published on Friday morning,Benzinga reports. The brokerage currently has a neutral rating on the business services provider’s stock.

Other equities analysts have also issued reports about the stock. Barclays raised their target price on shares of ManpowerGroup from $30.00 to $47.00 and gave the stock an “equal weight” rating in a research report on Monday, July 20th. Wall Street Zen downgraded shares of ManpowerGroup from a “buy” rating to a “hold” rating in a research report on Saturday, October 10th. UBS Group reduced their price target on shares of ManpowerGroup from $56.00 to $48.00 and set a “neutral” rating for the company in a research report on Friday. BMO Capital Markets increased 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. Finally, Robert W. Baird lowered their price objective on shares of ManpowerGroup from $72.00 to $65.00 and set an “outperform” rating on the stock in a research report on Friday. Three analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $51.88.

ManpowerGroup Trading Down 0.0%

NYSE:MAN opened at $41.48 on Friday. The company has a market capitalization of $1.93 billion, a PE ratio of 16.39, a P/E/G ratio of 1.64 and a beta of 0.68. ManpowerGroup has a 52-week low of $25.15 and a 52-week high of $63.88. The stock’s 50 day moving average price is $57.04 and its 200 day moving average price is $43.26. The company has a quick ratio of 1.04, a current ratio of 1.05 and a debt-to-equity ratio of 0.26.

ManpowerGroup (NYSE:MAN) last released its quarterly earnings results on Thursday, October 15th. The business services provider reported $1.01 EPS for the quarter, hitting the consensus estimate of $1.01. ManpowerGroup had a return on equity of 7.78% and a net margin of 0.64%. The company had revenue of $4.84 billion for the quarter, compared to analyst estimates of $4.86 billion. During the same quarter in the previous year, the company posted $0.83 earnings per share. The firm’s revenue was up 4.4% compared to the same quarter last year. ManpowerGroup has set its Q4 2026 guidance at 1.030-1.13 EPS. On average, research analysts anticipate that ManpowerGroup will post 3.61 EPS for the current year.

Hedge Funds Weigh In On ManpowerGroup

Several institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in ManpowerGroup during the 2nd quarter worth approximately $265,921,000. Quantinno Capital Management LP grew its stake in shares of ManpowerGroup by 235.8% in the 1st 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 last quarter. Alberta Investment Management Corp acquired a new position in shares of ManpowerGroup in the second quarter valued at approximately $33,702,000. Wellington Management Group LLP acquired a new position in shares of ManpowerGroup in the second quarter valued at approximately $25,709,000. Finally, RBF Capital LLC increased its holdings in shares of ManpowerGroup by 1.0% in the first quarter. RBF Capital LLC now owns 475,017 shares of the business services provider’s stock valued at $13,994,000 after purchasing an additional 4,934 shares during the period. Institutional investors and hedge funds own 98.03% of the company’s stock.

ManpowerGroup News Summary

Here are the key news stories impacting ManpowerGroup this week:

• Positive Sentiment: ManpowerGroup reported third-quarter adjusted earnings of $1.01 per share, matching consensus and increasing from $0.83 a year earlier. Revenue rose 4.4% year over year to approximately $4.84 billion, while reported net earnings per diluted share increased to $0.71 from $0.38. ManpowerGroup Reports Third-Quarter 2026 Results
• Positive Sentiment: Management cited continued growth in the Manpower business, improving Experis trends—including a return to growth for U.S. Experis—and stronger results in Northern Europe. Cost actions also supported improving SG&A trends. ManpowerGroup Reports Third-Quarter 2026 Results
• Neutral Sentiment: Becky Frankiewicz, currently president and chief strategy officer, will become CEO on January 1, 2027, while Jonas Prising moves to executive chair. The transition may support the company’s artificial-intelligence strategy, but it also introduces execution uncertainty. ManpowerGroup Announces Leadership Transition
• Negative Sentiment: Third-quarter revenue of $4.84 billion came in slightly below the $4.86 billion analyst estimate. The miss was modest, but it reinforced concerns that labor-market demand remains uneven despite earnings growth. ManpowerGroup Shares Fall as Revenue Misses Forecasts
• Negative Sentiment: Fourth-quarter EPS guidance of $1.03 to $1.13 was centered near the $1.10 consensus estimate, but the outlook and projected 3%–7% constant-currency revenue growth were viewed as insufficient to offset near-term uncertainty. ManpowerGroup Fourth-Quarter Forecast
• Negative Sentiment: Analysts cut their valuations following the report: JPMorgan reduced its price target to $50 from $59 and maintained a neutral rating, while UBS lowered its target to $48 from $56. Additional forecast reductions signal weaker expectations for earnings and revenue recovery. Analysts Cut ManpowerGroup Forecasts

ManpowerGroup Company Profile

ManpowerGroup Inc is a global workforce solutions and staffing company headquartered in Milwaukee, Wisconsin. Founded in 1948, the company helps organizations recruit, manage and develop talent while assisting individuals with finding employment and advancing their careers.

ManpowerGroup provides temporary, permanent and contract staffing; recruitment process outsourcing; workforce management; career transition and outplacement services; and talent development programs. Its principal brands include Manpower, which focuses on staffing and workforce solutions; Experis, which specializes in information technology and professional talent; and Talent Solutions, which provides recruitment, career management and workforce consulting services.

The company serves employers and job seekers across a broad range of industries and geographic markets, with operations spanning numerous countries and territories worldwide.