ManpowerGroup (NYSE:MAN) Share Price Crosses Above 200 Day Moving Average – What’s Next?

ManpowerGroup Inc. (NYSE:MAN) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $32.05 and traded as high as $53.71. ManpowerGroup shares last traded at $53.5810, with a volume of 1,615,101 shares traded.

Wall Street Analyst Weigh In

Several brokerages have commented on MAN. UBS Group upped their target price on shares of ManpowerGroup from $41.00 to $55.00 and gave the company a “neutral” rating in a research report on Friday, July 17th. Truist Financial raised their price target on ManpowerGroup from $34.00 to $50.00 and gave the stock a “hold” rating in a research report on Friday, July 17th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of ManpowerGroup in a research note on Wednesday, June 24th. Wall Street Zen downgraded ManpowerGroup from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, The Goldman Sachs Group increased their target price on ManpowerGroup from $36.00 to $57.00 and gave the company a “neutral” rating in a research note on Friday, July 17th. 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, ManpowerGroup presently has an average rating of “Hold” and a consensus price target of $53.50.

ManpowerGroup Stock Performance

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 cap of $2.49 billion, a price-to-earnings ratio of 24.36 and a beta of 0.73. The stock’s fifty day moving average is $36.68 and its 200-day moving average is $32.05.

ManpowerGroup (NYSE:MAN) last posted its earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.03. The company had revenue of $4.86 billion for the quarter, compared to analyst estimates of $4.72 billion. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. During the same period last year, the business posted ($1.44) earnings per share. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. On average, analysts forecast that ManpowerGroup Inc. will post 3.62 EPS for the current year.

ManpowerGroup Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a $0.72 dividend. The ex-dividend date was Monday, June 1st. This represents a dividend yield of 437.0%. ManpowerGroup’s dividend payout ratio is currently 65.45%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Handelsbanken Fonder AB grew its stake in ManpowerGroup by 124.4% in the second quarter. Handelsbanken Fonder AB now owns 26,700 shares of the business services provider’s stock valued at $902,000 after acquiring an additional 14,800 shares during the period. Elevation Wealth Partners LLC raised its position in shares of ManpowerGroup by 2,007.4% during the second quarter. Elevation Wealth Partners LLC now owns 1,138 shares of the business services provider’s stock worth $38,000 after purchasing an additional 1,084 shares during the period. Assenagon Asset Management S.A. acquired a new stake in shares of ManpowerGroup during the second quarter worth about $4,323,000. GAMMA Investing LLC lifted its holdings in shares of ManpowerGroup by 36.5% during the 2nd quarter. GAMMA Investing LLC now owns 8,593 shares of the business services provider’s stock valued at $290,000 after purchasing an additional 2,299 shares in the last quarter. Finally, Versant Capital Management Inc lifted its holdings in shares of ManpowerGroup by 137.9% during the 2nd quarter. Versant Capital Management Inc now owns 7,798 shares of the business services provider’s stock valued at $263,000 after purchasing an additional 4,520 shares in the last quarter. 98.03% of the stock is currently owned by institutional investors.

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.