20,500 Shares in ManpowerGroup Inc. $MAN Purchased by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System purchased a new position in ManpowerGroup Inc. (NYSE:MAN) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 20,500 shares of the business services provider’s stock, valued at approximately $604,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Treasurer of the State of North Carolina lifted its position in shares of ManpowerGroup by 1.4% in the second quarter. Treasurer of the State of North Carolina now owns 21,513 shares of the business services provider’s stock worth $869,000 after buying an additional 296 shares in the last quarter. Cetera Investment Advisers increased its stake in ManpowerGroup by 3.6% in the 2nd quarter. Cetera Investment Advisers now owns 10,096 shares of the business services provider’s stock worth $408,000 after acquiring an additional 348 shares during the last quarter. Quarry LP raised its holdings in shares of ManpowerGroup by 55.3% during the 4th quarter. Quarry LP now owns 1,034 shares of the business services provider’s stock worth $31,000 after acquiring an additional 368 shares in the last quarter. Empowered Funds LLC boosted its position in shares of ManpowerGroup by 3.2% during the 1st quarter. Empowered Funds LLC now owns 13,435 shares of the business services provider’s stock valued at $778,000 after acquiring an additional 414 shares during the last quarter. Finally, State of Wyoming grew its holdings in shares of ManpowerGroup by 7.6% in the second quarter. State of Wyoming now owns 6,197 shares of the business services provider’s stock valued at $250,000 after purchasing an additional 440 shares in the last quarter. Institutional investors own 98.03% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on MAN. Truist Financial lowered their price objective on shares of ManpowerGroup from $38.00 to $34.00 and set a “hold” rating for the company in a research report on Friday, April 17th. Barclays lowered their price target 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. Wall Street Zen cut ManpowerGroup from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. The Goldman Sachs Group restated a “neutral” rating on shares of ManpowerGroup in a research report on Friday, April 17th. Finally, UBS Group raised their price objective on ManpowerGroup from $29.00 to $33.00 and gave the company a “neutral” rating in a research note on Friday, April 17th. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $37.50.

ManpowerGroup Stock Performance

ManpowerGroup stock opened at $39.42 on Wednesday. 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 firm has a market capitalization of $1.83 billion, a P/E ratio of -106.55 and a beta of 0.73. ManpowerGroup Inc. has a 1-year low of $25.15 and a 1-year high of $47.33. The company’s 50-day moving average is $31.80 and its 200 day moving average is $30.43.

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

ManpowerGroup Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given 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 dividend payout ratio (DPR) is -389.19%.

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.