GW&K Investment Management LLC Lowers Position in Manhattan Associates, Inc. $MANH

GW&K Investment Management LLC cut its holdings in shares of Manhattan Associates, Inc. (NASDAQ:MANH) by 2.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 231,450 shares of the software maker’s stock after selling 5,758 shares during the quarter. GW&K Investment Management LLC’s holdings in Manhattan Associates were worth $40,114,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. BLI Banque de Luxembourg Investments raised its stake in shares of Manhattan Associates by 7.2% during the 4th quarter. BLI Banque de Luxembourg Investments now owns 74,100 shares of the software maker’s stock worth $12,950,000 after purchasing an additional 5,000 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Manhattan Associates by 4.4% during the 4th quarter. JPMorgan Chase & Co. now owns 265,254 shares of the software maker’s stock worth $45,971,000 after purchasing an additional 11,192 shares during the period. Syon Capital LLC raised its stake in shares of Manhattan Associates by 30.0% during the 4th quarter. Syon Capital LLC now owns 2,530 shares of the software maker’s stock worth $438,000 after purchasing an additional 584 shares during the period. ING Groep NV bought a new stake in shares of Manhattan Associates during the 4th quarter worth $1,161,000. Finally, Los Angeles Capital Management LLC bought a new stake in shares of Manhattan Associates during the 4th quarter worth $49,000. 98.45% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Eric Andrew Clark sold 1,000 shares of Manhattan Associates 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 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP James Stewart Gantt sold 7,300 shares of Manhattan Associates stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $139.25, for a total value of $1,016,525.00. Following the completion of the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.84% of the company’s stock.

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

Manhattan Associates Stock Performance

Shares of MANH opened at $145.15 on Thursday. The business has a 50-day moving average of $138.08 and a 200 day moving average of $151.26. Manhattan Associates, Inc. has a fifty-two week low of $119.06 and a fifty-two week high of $247.22. 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 announced its quarterly earnings data on Tuesday, April 21st. The software maker reported $1.24 earnings per share 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 quarter last year, the firm posted $1.19 EPS. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. Manhattan Associates has set its FY 2026 guidance at 5.290-5.370 EPS. As a group, research analysts predict that Manhattan Associates, Inc. will post 3.68 earnings per share for the current fiscal year.

Manhattan Associates declared that its Board of Directors has approved a stock repurchase program 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 stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

MANH has been the topic of a number of recent analyst reports. Weiss Ratings cut Manhattan Associates from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, April 27th. Stifel Nicolaus set a $200.00 target price on Manhattan Associates in a research note on Wednesday, May 20th. Wall Street Zen cut Manhattan Associates from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. DA Davidson reiterated a “buy” rating and set a $200.00 target price on shares of Manhattan Associates in a research note on Wednesday, May 20th. Finally, Robert W. Baird lifted their target price on Manhattan Associates from $183.00 to $186.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 22nd. Eight analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $199.45.

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.