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

ING Groep NV purchased a new stake in Manhattan Associates, Inc. (NASDAQ:MANH) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 6,700 shares of the software maker’s stock, valued at approximately $1,161,000.

A number of other institutional investors and hedge funds have also made changes to their positions in MANH. Geode Capital Management LLC boosted its position in shares of Manhattan Associates by 5.3% in the 4th quarter. Geode Capital Management LLC now owns 1,753,909 shares of the software maker’s stock worth $305,199,000 after purchasing an additional 88,005 shares in the last quarter. MUFG Securities EMEA plc acquired a new stake in shares of Manhattan Associates in the 4th quarter worth $6,066,000. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in shares of Manhattan Associates by 30.6% in the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 187,555 shares of the software maker’s stock worth $32,505,000 after purchasing an additional 43,955 shares in the last quarter. Alliancebernstein L.P. boosted its position in shares of 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 in the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its position in Manhattan Associates by 771.8% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 63,117 shares of the software maker’s stock worth $10,939,000 after acquiring an additional 55,877 shares during the period. 98.45% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MANH has been the subject of a number of research reports. Rothschild & Co Redburn set a $145.00 price target on Manhattan Associates in a research report on Thursday, April 16th. Robert W. Baird lifted their price target on Manhattan Associates from $183.00 to $186.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 22nd. DA Davidson reaffirmed a “buy” rating and set a $200.00 price target on shares of Manhattan Associates in a research report on Wednesday, May 20th. Stifel Nicolaus set a $200.00 price target on Manhattan Associates in a research report on Wednesday, May 20th. Finally, William Blair reaffirmed an “outperform” rating on shares of Manhattan Associates in a research report on Thursday, March 5th. Eight investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $199.45.

More Manhattan Associates News

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

Manhattan Associates Stock Performance

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

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

Manhattan Associates declared that its Board of Directors has initiated a stock buyback plan on Thursday, March 5th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the software maker to buy up to 5.8% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Insider Activity

In other news, CEO Eric Andrew Clark sold 1,000 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $146.77, for a total value of $146,770.00. Following the completion of the transaction, the chief executive officer owned 92,638 shares of the company’s stock, valued at $13,596,479.26. The trade was a 1.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP James Stewart Gantt sold 7,300 shares of the business’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $139.25, for a total value of $1,016,525.00. Following the completion of the transaction, the executive vice president directly owned 60,815 shares of the company’s stock, valued at approximately $8,468,488.75. This trade represents a 10.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.84% of the company’s stock.

Manhattan Associates Profile

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.