ManpowerGroup (NYSE:MAN) Trading Up 7% Following Earnings Beat

Shares of ManpowerGroup Inc. (NYSE:MAN) were up 7% during trading on Friday following a better than expected earnings announcement. The stock traded as high as $54.98 and last traded at $55.2660. 380,578 shares traded hands during trading, a decline of 69% from the average session volume of 1,245,919 shares. The stock had previously closed at $51.65.

The business services provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.03. The firm had revenue of $4.86 billion for the quarter, compared to analysts’ expectations of $4.72 billion. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. During the same quarter in the previous year, the firm posted ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS.

ManpowerGroup Announces Dividend

The company also recently disclosed 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 dividend payout ratio (DPR) is -389.19%.

Key Stories Impacting 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

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Truist Financial upped their target price on ManpowerGroup from $34.00 to $50.00 and gave the stock a “hold” rating in a report on Friday. BMO Capital Markets lifted their price target on ManpowerGroup from $49.00 to $63.00 and gave the company an “outperform” rating in a research note on Friday. Robert W. Baird boosted their price target on ManpowerGroup from $45.00 to $72.00 and gave the stock an “outperform” rating in a report on Friday. Wall Street Zen downgraded ManpowerGroup from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, The Goldman Sachs Group raised their price objective on shares of ManpowerGroup from $36.00 to $57.00 and gave the company a “neutral” rating in a report on Friday. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $51.38.

Institutional Investors Weigh In On ManpowerGroup

A number of institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC raised 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 worth $140,394,000 after acquiring an additional 1,393,622 shares during the last quarter. Schroder Investment Management Group boosted its holdings in ManpowerGroup by 24.6% in the fourth quarter. Schroder Investment Management Group now owns 2,247,476 shares of the business services provider’s stock valued at $66,817,000 after acquiring an additional 443,790 shares during the last quarter. Quantinno Capital Management LP increased its position in ManpowerGroup by 235.8% during 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 period. State Street Corp increased its position in ManpowerGroup by 2.0% during the 4th quarter. State Street Corp now owns 1,616,447 shares of the business services provider’s stock valued at $48,057,000 after purchasing an additional 31,749 shares during the period. Finally, Millennium Management LLC increased its position in ManpowerGroup by 77.3% during the 4th quarter. Millennium Management LLC now owns 1,525,936 shares of the business services provider’s stock valued at $45,366,000 after purchasing an additional 665,135 shares during the period. Institutional investors own 98.03% of the company’s stock.

ManpowerGroup Trading Up 1.3%

The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.12 and a current ratio of 1.04. The firm’s fifty day simple moving average is $33.71 and its 200-day simple moving average is $31.12. The stock has a market cap of $2.43 billion, a P/E ratio of 23.78 and a beta of 0.73.

About ManpowerGroup

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.