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

ManpowerGroup Inc. (NYSE:MAN)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $29.72 and traded as high as $34.25. ManpowerGroup shares last traded at $34.1760, with a volume of 796,971 shares traded.

Analysts Set New Price Targets

A number of brokerages recently commented on MAN. Robert W. Baird reduced their price objective on ManpowerGroup from $50.00 to $45.00 and set an “outperform” rating on the stock in a research report on Friday, April 17th. Wall Street Zen downgraded ManpowerGroup from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Barclays reduced their price objective on ManpowerGroup from $35.00 to $30.00 and set an “equal weight” rating on the stock in a research report on Monday, April 13th. The Goldman Sachs Group reiterated a “neutral” rating on shares of ManpowerGroup in a research report on Friday, April 17th. Finally, Truist Financial reduced their price objective on ManpowerGroup from $38.00 to $34.00 and set a “hold” rating on the stock in a research report on Friday, April 17th. Three 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. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $37.50.

ManpowerGroup Stock Performance

The firm has a 50 day simple moving average of $30.11 and a 200-day simple moving average of $29.72. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.12 and a quick ratio of 1.12. The company has a market cap of $1.59 billion, a price-to-earnings ratio of -92.37 and a beta of 0.75.

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

ManpowerGroup Dividend Announcement

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

Institutional Investors Weigh In On ManpowerGroup

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MAN. AQR Capital Management LLC increased its stake in 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. Quantinno Capital Management LP increased its stake in ManpowerGroup by 235.8% during the first quarter. Quantinno Capital Management LP now owns 1,793,963 shares of the business services provider’s stock worth $52,850,000 after acquiring an additional 1,259,752 shares during the last quarter. Alberta Investment Management Corp increased its stake in ManpowerGroup by 772.9% during the third quarter. Alberta Investment Management Corp now owns 1,059,100 shares of the business services provider’s stock worth $40,140,000 after acquiring an additional 937,771 shares during the last quarter. Balyasny Asset Management L.P. increased its stake in ManpowerGroup by 696.9% during the second quarter. Balyasny Asset Management L.P. now owns 991,063 shares of the business services provider’s stock worth $40,039,000 after acquiring an additional 866,693 shares during the last quarter. Finally, Millennium Management LLC grew its stake in shares of ManpowerGroup by 77.3% in the fourth quarter. Millennium Management LLC now owns 1,525,936 shares of the business services provider’s stock valued at $45,366,000 after buying an additional 665,135 shares in the last quarter. Institutional investors and hedge funds own 98.03% of the company’s stock.

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.