ManpowerGroup Stock Jumps After Q2 Earnings Beat and Signs of Improving Demand

ManpowerGroup (MAN) is up 34.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The sharp move appears tied mainly to ManpowerGroup’s second-quarter results, which beat profit and revenue expectations and included commentary about improving demand, strong execution, and tighter cost control. The size of the rally may also reflect a squeeze effect, as the stock had elevated short interest heading into the report.

Details:

ManpowerGroup reported second-quarter revenue of about $4.86 billion, up roughly 8% from a year earlier, while adjusted earnings were $0.99 per share, ahead of consensus expectations.

Management highlighted strong demand in the United States, Latin America, APME, and several European markets, with very strong growth in the Manpower brand and improving trends in Experis and Talent Solutions.

The company said gross profit growth and lower SG&A costs drove a meaningful year-over-year improvement in profitability, and it guided third-quarter diluted EPS to a range of $0.96 to $1.06.

Another likely accelerator is positioning: nearly 15% of the public float was sold short as of June 30, which could have intensified buying pressure once the earnings release changed sentiment.

Sources:

ManpowerGroup, Associated Press, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$MAN Hedge Fund Activity

We have seen 163 institutional investors add shares of $MAN stock to their portfolio, and 119 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

AQR CAPITAL MANAGEMENT LLC added 2,066,477 shares (+123.5%) to their portfolio in Q1 2026, for an estimated $60,878,412
MILLENNIUM MANAGEMENT LLC removed 1,264,530 shares (-82.9%) from their portfolio in Q1 2026, for an estimated $37,253,053
QUANTINNO CAPITAL MANAGEMENT LP added 1,259,752 shares (+235.8%) to their portfolio in Q1 2026, for an estimated $37,112,293
TWO SIGMA INVESTMENTS, LP added 851,494 shares (+127.6%) to their portfolio in Q1 2026, for an estimated $25,085,013
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. added 776,893 shares (+4110.5%) to their portfolio in Q1 2026, for an estimated $22,887,267
MACQUARIE GROUP LTD added 776,893 shares (+inf%) to their portfolio in Q1 2026, for an estimated $22,887,267
DEUTSCHE BANK AG\ removed 574,580 shares (-99.0%) from their portfolio in Q1 2026, for an estimated $16,927,126

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$MAN Government Contracts

We have seen $1,902,202 of award payments to $MAN over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

LANGUAGE SERVICES FOR CRIMINAL DIVISION AND OTHER COMPONENTS.: $1,080,000
LANGUAGE SERVICES FOR CRIMINAL DIVISION AND OTHER COMPONENTS.: $660,000
SPANISH LINGUIST: $115,375
THIS CONTRACT IS AVAILABLE FOR USE BY THE DEPARTMENT OF JUSTICE ON AN INDEFINITE DELIVERY/INDEFINITE QUANTI...: $35,000
EXPERT WITNESS: $11,826

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$MAN Price Targets

Multiple analysts have issued price targets for $MAN recently. We have seen 5 analysts offer price targets for $MAN in the last 6 months, with a median target of $33.0.

Here are some recent targets:

Mark Marcon from Baird set a target price of $45.0 on 04/17/2026
Tobey Sommer from Truist Securities set a target price of $34.0 on 04/17/2026
Joshua Chan from UBS set a target price of $33.0 on 04/17/2026
Manav Patnaik from Barclays set a target price of $30.0 on 04/13/2026
George Tong from Goldman Sachs set a target price of $30.0 on 03/18/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.