Azarias Capital Management L.P. Buys 47,730 Shares of ManpowerGroup Inc. $MAN

Azarias Capital Management L.P. raised its stake in ManpowerGroup Inc. (NYSE:MAN) by 16.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 337,613 shares of the business services provider’s stock after buying an additional 47,730 shares during the quarter. ManpowerGroup comprises approximately 4.5% of Azarias Capital Management L.P.’s investment portfolio, making the stock its 4th biggest holding. Azarias Capital Management L.P.’s holdings in ManpowerGroup were worth $9,946,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in MAN. Vanguard Group Inc. raised its holdings in shares of ManpowerGroup by 0.3% during the third quarter. Vanguard Group Inc. now owns 6,211,092 shares of the business services provider’s stock worth $235,400,000 after acquiring an additional 19,501 shares during the period. AQR Capital Management LLC lifted its holdings 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 valued at $140,394,000 after purchasing an additional 1,393,622 shares in the last quarter. Schroder Investment Management Group raised its position in ManpowerGroup by 24.6% in the 4th quarter. Schroder Investment Management Group now owns 2,247,476 shares of the business services provider’s stock valued at $66,817,000 after buying an additional 443,790 shares during the last quarter. State Street Corp raised its position in ManpowerGroup by 2.0% in 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 buying an additional 31,749 shares during the last quarter. Finally, Millennium Management LLC lifted its stake in ManpowerGroup by 77.3% in 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. Institutional investors and hedge funds own 98.03% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on MAN. Weiss Ratings reaffirmed a “sell (d)” rating on shares of ManpowerGroup in a research report on Friday, March 27th. Truist Financial cut their price objective 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. Robert W. Baird reduced their target price on shares of ManpowerGroup from $50.00 to $45.00 and set an “outperform” rating for the company in a report on Friday, April 17th. UBS Group raised their target price on shares of ManpowerGroup from $29.00 to $33.00 and gave the company a “neutral” rating in a research report on Friday, April 17th. Finally, The Goldman Sachs Group reiterated a “neutral” rating on shares of ManpowerGroup in a research note on Friday, April 17th. 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. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $37.50.

ManpowerGroup Price Performance

NYSE:MAN opened at $33.62 on Monday. The stock has a market capitalization of $1.56 billion, a PE ratio of -90.86 and a beta of 0.75. ManpowerGroup Inc. has a 1-year low of $25.15 and a 1-year high of $47.33. The firm has a fifty day simple moving average of $30.44 and a 200 day simple moving average of $29.83. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.50.

ManpowerGroup (NYSE:MAN) last posted its quarterly 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. ManpowerGroup had a negative net margin of 0.09% and a positive return on equity of 7.01%. The firm had revenue of $4.51 billion for the quarter, compared to analyst estimates of $4.41 billion. During the same period in the prior year, the firm posted $0.44 earnings per share. The company’s quarterly revenue was up 10.3% compared to the same quarter last year. ManpowerGroup has set its Q2 2026 guidance at 0.910-1.050 EPS. On average, research analysts expect that ManpowerGroup Inc. will post 3.66 EPS for the current fiscal year.

ManpowerGroup Announces Dividend

The firm also recently announced 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 was Monday, June 1st. ManpowerGroup’s payout ratio is currently -389.19%.

ManpowerGroup 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.