ARGA Investment Management LP Has $1.89 Million Holdings in ManpowerGroup Inc. $MAN

ARGA Investment Management LP lessened its holdings in ManpowerGroup Inc. (NYSE:MAN) by 89.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,118 shares of the business services provider’s stock after selling 548,085 shares during the quarter. ARGA Investment Management LP’s holdings in ManpowerGroup were worth $1,889,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Treasurer of the State of North Carolina lifted its position in ManpowerGroup by 1.4% during the 2nd quarter. Treasurer of the State of North Carolina now owns 21,513 shares of the business services provider’s stock worth $869,000 after buying an additional 296 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of ManpowerGroup by 3.6% in the 2nd quarter. Cetera Investment Advisers now owns 10,096 shares of the business services provider’s stock valued at $408,000 after acquiring an additional 348 shares in the last quarter. Quarry LP grew its holdings in shares of ManpowerGroup by 55.3% in the 4th quarter. Quarry LP now owns 1,034 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 368 shares in the last quarter. Empowered Funds LLC increased its position in shares of ManpowerGroup by 3.2% in the first quarter. Empowered Funds LLC now owns 13,435 shares of the business services provider’s stock valued at $778,000 after acquiring an additional 414 shares during the last quarter. Finally, State of Wyoming increased its position in shares of ManpowerGroup by 7.6% in the second quarter. State of Wyoming now owns 6,197 shares of the business services provider’s stock valued at $250,000 after acquiring an additional 440 shares during the last quarter. Institutional investors own 98.03% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on MAN. Weiss Ratings reiterated a “sell (d)” rating on shares of ManpowerGroup in a report on Wednesday, June 24th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of ManpowerGroup in a research report on Friday, April 17th. Robert W. Baird dropped their price objective on ManpowerGroup from $50.00 to $45.00 and set an “outperform” rating on the stock in a research note on Friday, April 17th. Wall Street Zen downgraded ManpowerGroup from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Barclays decreased their target price on shares of ManpowerGroup from $35.00 to $30.00 and set an “equal weight” rating for the company in a research note on Monday, April 13th. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $37.50.

ManpowerGroup Trading Up 3.0%

Shares of ManpowerGroup stock opened at $38.59 on Friday. The business has a fifty day simple moving average of $32.24 and a two-hundred day simple moving average of $30.59. ManpowerGroup Inc. has a 1 year low of $25.15 and a 1 year high of $47.33. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of -104.30 and a beta of 0.73. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.12 and a quick ratio of 1.12.

ManpowerGroup (NYSE:MAN) last released its quarterly earnings data on Thursday, April 16th. The business services provider reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.01. ManpowerGroup had a negative net margin of 0.09% and a positive return on equity of 7.01%. The firm had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.41 billion. During the same period in the previous year, the business posted $0.44 earnings per share. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year. ManpowerGroup has set its Q2 2026 guidance at 0.910-1.050 EPS. Research analysts forecast that ManpowerGroup Inc. will post 3.66 EPS for the current year.

ManpowerGroup Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued a dividend of $0.72 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a dividend yield of 437.0%. ManpowerGroup’s payout ratio is presently -389.19%.

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.