--- title: "Assenagon Asset Management S.A. Acquires Shares of 128,000 ManpowerGroup Inc. $MAN" type: "News" locale: "en" url: "https://longbridge.com/en/news/295757752.md" description: "Assenagon Asset Management S.A. acquired a new stake in ManpowerGroup Inc. (NYSE:MAN) during the second quarter, purchasing 128,000 shares valued at approximately $4.32 million. This brings Assenagon's total ownership to about 0.28% of the company. The filing highlights increased institutional interest, with other hedge funds like AQR Capital and Quantinno also boosting their positions. ManpowerGroup recently reported earnings that beat estimates, leading to mixed analyst ratings ranging from 'Hold' to 'Outperform'." datetime: "2026-08-13T07:20:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295757752.md) - [en](https://longbridge.com/en/news/295757752.md) - [zh-HK](https://longbridge.com/zh-HK/news/295757752.md) generator: "portal-rs" --- # Assenagon Asset Management S.A. Acquires Shares of 128,000 ManpowerGroup Inc. $MAN Assenagon Asset Management S.A. acquired a new stake in shares of ManpowerGroup Inc. (NYSE:MAN - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 128,000 shares of the business services provider's stock, valued at approximately $4,323,000. Assenagon Asset Management S.A. owned about 0.28% of ManpowerGroup at the end of the most recent reporting period. Get **ManpowerGroup** alerts: - MarketBeat Week in Review – 06/29 - 07/03 Several other hedge funds have also recently modified their holdings of the stock. AQR Capital Management LLC increased its holdings in ManpowerGroup by 60.3% in the 3rd quarter. AQR Capital Management LLC now owns 3,704,326 shares of the business services provider's stock valued at $140,394,000 after acquiring an additional 1,393,622 shares during the last quarter. Quantinno Capital Management LP boosted its holdings in shares of ManpowerGroup by 235.8% during 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 purchasing an additional 1,259,752 shares during the last quarter. Balyasny Asset Management L.P. grew its position in shares of 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 valued at $40,039,000 after purchasing an additional 866,693 shares in the last quarter. Millennium Management LLC grew its position in shares of ManpowerGroup by 77.3% during 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 purchasing an additional 665,135 shares in the last quarter. Finally, Freestone Grove Partners LP bought a new stake in shares of ManpowerGroup in the fourth quarter worth about $14,420,000. Hedge funds and other institutional investors own 98.03% of the company's stock. ## ManpowerGroup Price Performance NYSE:MAN opened at $56.12 on Thursday. The firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of 25.51 and a beta of 0.67. ManpowerGroup Inc. has a 1 year low of $25.15 and a 1 year high of $57.94. The business has a 50 day simple moving average of $42.73 and a 200-day simple moving average of $34.13. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.04 and a quick ratio of 1.12. - Manchester United’s Stock Rally Faces a Test Beyond Old Trafford ManpowerGroup (NYSE:MAN - Get Free Report) last released its earnings results on Thursday, July 16th. The business services provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.03. ManpowerGroup had a return on equity of 7.45% and a net margin of 0.56%.The firm had revenue of $4.86 billion for the quarter, compared to the consensus estimate of $4.72 billion. During the same quarter in the previous year, the company posted ($1.44) EPS. ManpowerGroup has set its Q3 2026 guidance at 0.960-1.060 EPS. Equities analysts forecast that ManpowerGroup Inc. will post 3.62 EPS for the current year. ## Wall Street Analyst Weigh In A number of equities research analysts recently commented on the company. Wall Street Zen downgraded ManpowerGroup from a "buy" rating to a "hold" rating in a research report on Saturday, May 16th. BMO Capital Markets raised their price target on ManpowerGroup from $49.00 to $63.00 and gave the company an "outperform" rating in a report on Friday, July 17th. The Goldman Sachs Group lifted their price objective on ManpowerGroup from $36.00 to $57.00 and gave the stock a "neutral" rating in a research note on Friday, July 17th. Truist Financial increased their target price on ManpowerGroup from $34.00 to $50.00 and gave the company a "hold" rating in a research report on Friday, July 17th. Finally, Barclays increased their target price on ManpowerGroup from $30.00 to $47.00 and gave the company an "equal weight" rating in a research report on Monday, July 20th. Three research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $53.50. - High-Yielding ManpowerGroup Inc. Goes On Sale **View Our Latest Stock Report on MAN** ## ManpowerGroup Profile (Free Report) 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. ## Featured Stories - Five stocks we like better than ManpowerGroup - GE Vernova’s AI Power Boom Faces a Profit Test - Cardinal Health Earnings: Can Perfection Get Priced In Twice? - Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand - Legacy Jet Builders Stall While Embraer Accelerates to New Highs *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in ManpowerGroup Right Now? Before you consider ManpowerGroup, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ManpowerGroup wasn't on the list. While ManpowerGroup currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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