Robert W. Baird Forecasts Strong Price Appreciation for ManpowerGroup (NYSE:MAN) Stock

ManpowerGroup (NYSE:MAN) had its target price lifted by stock analysts at Robert W. Baird from $45.00 to $72.00 in a report released on Friday, MarketBeat.com reports. The brokerage presently has an “outperform” rating on the business services provider’s stock. Robert W. Baird’s target price points to a potential upside of 37.63% from the company’s previous close.

MAN has been the topic of a number of other reports. The Goldman Sachs Group reissued a “neutral” rating on shares of ManpowerGroup in a research note on Friday, April 17th. Wall Street Zen downgraded shares of ManpowerGroup from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. UBS Group increased their price objective on shares of ManpowerGroup from $33.00 to $41.00 and gave the stock a “neutral” rating in a report on Tuesday. Truist Financial decreased their target price on shares of ManpowerGroup from $38.00 to $34.00 and set a “hold” rating on the stock in a research report on Friday, April 17th. Finally, Barclays lowered 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. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, ManpowerGroup has a consensus rating of “Hold” and a consensus target price of $51.38.

ManpowerGroup Price Performance

MAN stock opened at $52.31 on Friday. ManpowerGroup has a 52-week low of $25.15 and a 52-week high of $55.70. The stock’s fifty day simple moving average is $33.71 and its 200-day simple moving average is $31.12. The company has a quick ratio of 1.12, a current ratio of 1.04 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $2.43 billion, a price-to-earnings 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 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.03. The business had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.72 billion. ManpowerGroup had a return on equity of 7.45% and a net margin of 0.56%.During the same quarter in the previous year, the business earned ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. Equities research analysts expect that ManpowerGroup will post 3.66 EPS for the current year.

Hedge Funds Weigh In On ManpowerGroup

A number of large investors have recently modified their holdings of MAN. AQR Capital Management LLC increased its position in shares of ManpowerGroup by 60.3% in 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 in the last quarter. Quantinno Capital Management LP raised 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 acquiring an additional 1,259,752 shares during the period. Balyasny Asset Management L.P. raised its stake in shares of ManpowerGroup by 696.9% in the 2nd quarter. Balyasny Asset Management L.P. now owns 991,063 shares of the business services provider’s stock valued at $40,039,000 after acquiring an additional 866,693 shares during the period. Millennium Management LLC lifted its holdings in shares of 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 acquiring an additional 665,135 shares in the last quarter. Finally, Freestone Grove Partners LP acquired a new position in shares of ManpowerGroup during the 4th quarter valued at $14,420,000. 98.03% of the stock is currently owned by hedge funds and other institutional investors.

ManpowerGroup News Roundup

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

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.