ManpowerGroup (NYSE:MAN) Given New $50.00 Price Target at Truist Financial

ManpowerGroup (NYSE:MAN) had its target price hoisted by Truist Financial from $34.00 to $50.00 in a research note issued to investors on Friday morning, Marketbeat.com reports. Truist Financial currently has a hold rating on the business services provider’s stock.

Several other brokerages also recently weighed in on MAN. BMO Capital Markets upped their price objective on ManpowerGroup from $49.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday. UBS Group lifted their target price on ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a research report on Friday. Robert W. Baird boosted their target price on ManpowerGroup from $45.00 to $72.00 and gave the stock an “outperform” rating in a research note on Friday. Barclays dropped their target price on shares of ManpowerGroup from $35.00 to $30.00 and set an “equal weight” rating for the company in a report on Monday, April 13th. Finally, Wall Street Zen downgraded shares of ManpowerGroup from a “buy” rating to a “hold” rating in a research note 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $51.38.

ManpowerGroup Price Performance

Shares of NYSE:MAN opened at $52.31 on Friday. The firm has a 50 day moving average of $33.71 and a 200-day moving average of $31.12. ManpowerGroup has a 12 month low of $25.15 and a 12 month high of $55.70. The company has a current ratio of 1.04, a quick ratio of 1.12 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $2.43 billion, a PE ratio of 23.78 and a beta of 0.73.

ManpowerGroup (NYSE:MAN) last announced its quarterly earnings data on Thursday, July 16th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.03. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. The business had revenue of $4.86 billion for the quarter, compared to analysts’ expectations of $4.72 billion. During the same period last year, the firm posted ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, equities research analysts predict that ManpowerGroup will post 3.66 EPS for the current fiscal year.

ManpowerGroup Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Quarry LP bought a new stake in shares of ManpowerGroup in the third quarter worth $25,000. Caitong International Asset Management Co. Ltd acquired a new position in ManpowerGroup during the 3rd quarter worth about $30,000. Fifth Third Bancorp lifted its holdings in ManpowerGroup by 637.7% during the 4th 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. Allworth Financial LP grew its position in shares of ManpowerGroup by 69.3% in the 3rd quarter. Allworth Financial LP now owns 1,121 shares of the business services provider’s stock valued at $42,000 after buying an additional 459 shares during the last quarter. Finally, Elevation Wealth Partners LLC grew its position in shares of ManpowerGroup by 2,007.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider’s stock valued at $38,000 after buying an additional 1,084 shares during the last quarter. Institutional investors and hedge funds own 98.03% of the company’s stock.

Trending Headlines about ManpowerGroup

Here are the key news stories impacting ManpowerGroup this week:

• Positive Sentiment: ManpowerGroup reported Q2 EPS of $0.99, topping estimates of $0.96, while revenue of about $4.86 billion also beat expectations. Results improved year over year, helped by stronger demand across multiple regions and tighter cost control. ManpowerGroup Reports 2nd Quarter 2026 Results
• Positive Sentiment: The company guided Q3 EPS to $0.96-$1.06, which brackets or slightly exceeds Street expectations, reinforcing confidence that recent operating momentum can continue. ManpowerGroup forecasts Q3 EPS of $0.96-$1.06 as it targets $200M in 2028 cost savings
• Positive Sentiment: Analysts raised price targets after the beat, including Robert W. Baird boosting its target to $72 from $45 and maintaining an outperform rating, signaling improved Wall Street sentiment. ManpowerGroup Analysts Boost Their Forecasts After Strong Q2 Results
• Neutral Sentiment: Truist also raised its target to $50 from $34 but kept a hold rating, suggesting the stock may be fairly valued after the rally even as expectations improve. Benzinga/The Fly report on Truist price target update

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.