ING Groep NV Takes Position in Manhattan Associates, Inc. $MANH

ING Groep NV purchased a new position in Manhattan Associates, Inc. (NASDAQ:MANH) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 6,700 shares of the software maker’s stock, valued at approximately $1,161,000.

A number of other large investors also recently bought and sold shares of MANH. Norges Bank acquired a new position in Manhattan Associates in the 4th quarter worth about $124,264,000. Alliancebernstein L.P. raised its holdings in Manhattan Associates by 22.7% in the 3rd quarter. Alliancebernstein L.P. now owns 2,801,901 shares of the software maker’s stock worth $574,334,000 after purchasing an additional 518,321 shares during the period. Lazard Asset Management LLC raised its holdings in Manhattan Associates by 76.4% in the 3rd quarter. Lazard Asset Management LLC now owns 707,742 shares of the software maker’s stock worth $145,073,000 after purchasing an additional 306,516 shares during the period. Captrust Financial Advisors raised its holdings in Manhattan Associates by 2,035.5% in the 3rd quarter. Captrust Financial Advisors now owns 303,268 shares of the software maker’s stock worth $62,164,000 after purchasing an additional 289,067 shares during the period. Finally, Qube Research & Technologies Ltd acquired a new position in Manhattan Associates in the 2nd quarter worth about $49,204,000. Institutional investors and hedge funds own 98.45% of the company’s stock.

Manhattan Associates Trading Down 0.9%

NASDAQ:MANH opened at $145.15 on Thursday. Manhattan Associates, Inc. has a 12 month low of $119.06 and a 12 month high of $247.22. The stock has a 50 day moving average of $138.08 and a two-hundred day moving average of $151.26. The firm has a market cap of $8.59 billion, a P/E ratio of 40.66 and a beta of 0.97.

Manhattan Associates (NASDAQ:MANH) last posted its quarterly earnings data on Tuesday, April 21st. The software maker reported $1.24 EPS for the quarter, topping the consensus estimate of $1.10 by $0.14. Manhattan Associates had a return on equity of 78.13% and a net margin of 19.68%.The company had revenue of $282.22 million during the quarter, compared to analyst estimates of $273.71 million. During the same period in the previous year, the business earned $1.19 EPS. Manhattan Associates’s quarterly revenue was up 7.4% on a year-over-year basis. Manhattan Associates has set its FY 2026 guidance at 5.290-5.370 EPS. On average, research analysts forecast that Manhattan Associates, Inc. will post 3.68 earnings per share for the current year.

Manhattan Associates announced that its board has initiated a share repurchase plan on Thursday, March 5th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the software maker to purchase up to 5.8% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Manhattan Associates News Summary

Here are the key news stories impacting Manhattan Associates this week:

• Positive Sentiment: Manhattan Associates raised FY 2026 guidance, with EPS outlook of $5.29-$5.37 versus the $5.04 consensus, suggesting management expects stronger profitability ahead.
• Positive Sentiment: The company is highlighting its cloud-first strategy and AI initiatives, including ActivePlatform and new agent pilots, which could support longer-term growth if adoption accelerates.
• Positive Sentiment: Manhattan Associates also announced its 2026 Spotlight on Innovation Awards, reinforcing its customer relationships and brand positioning in supply chain commerce. Article Title

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Citigroup reduced their price target on Manhattan Associates from $208.00 to $177.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Rothschild & Co Redburn set a $145.00 price target on Manhattan Associates in a report on Thursday, April 16th. Wall Street Zen cut Manhattan Associates from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Robert W. Baird upped their price target on Manhattan Associates from $183.00 to $186.00 and gave the stock an “outperform” rating in a report on Wednesday, April 22nd. Finally, Barclays reduced their price target on Manhattan Associates from $239.00 to $201.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Eight research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $199.45.

Insider Activity at Manhattan Associates

In other Manhattan Associates news, EVP James Stewart Gantt sold 7,300 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $139.25, for a total transaction of $1,016,525.00. Following the completion of the sale, the executive vice president directly owned 60,815 shares in the company, valued at approximately $8,468,488.75. The trade was a 10.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Eric Andrew Clark sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $146.77, for a total value of $146,770.00. Following the sale, the chief executive officer owned 92,638 shares of the company’s stock, valued at approximately $13,596,479.26. This trade represents a 1.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.84% of the stock is currently owned by insiders.

About Manhattan Associates

Manhattan Associates, Inc (NASDAQ: MANH) is a provider of supply chain and omnichannel commerce software solutions designed to optimize the flow of goods, information and funds across enterprise operations. Its flagship offerings include warehouse management, transportation management, order management and omnichannel fulfillment applications. These solutions are delivered through a cloud-native platform called Manhattan Active, which enables retailers, manufacturers, carriers and third-party logistics providers to orchestrate inventory, manage distribution and improve customer service in real time.

Key product areas include Manhattan Active Warehouse Management, which automates and optimizes warehouse operations from receiving through shipping; Manhattan Active Transportation Management, supporting carrier selection, routing and freight payment; and Manhattan Active Omni, which unifies order capture, inventory visibility and fulfillment across stores, distribution centers and e-commerce channels.