Maxim Group restated their buy rating on shares of ManTech International Corporation (NASDAQ:MANT) in a research note issued to investors on Wednesday. They currently have a $47.00 target price on the technology company’s stock, up from their previous target price of $44.00.

Other equities research analysts also recently issued research reports about the stock. Zacks Investment Research raised shares of ManTech International Corporation from a hold rating to a buy rating and set a $45.00 price objective for the company in a research report on Saturday, August 5th. BidaskClub upgraded shares of ManTech International Corporation from a sell rating to a hold rating in a research note on Thursday, August 3rd. Jefferies Group LLC reiterated a sell rating on shares of ManTech International Corporation in a research note on Friday, August 18th. Loop Capital upgraded shares of ManTech International Corporation from a hold rating to a buy rating and increased their price target for the company from $41.00 to $44.00 in a research note on Friday, June 30th. Finally, Noble Financial reiterated a hold rating on shares of ManTech International Corporation in a research note on Thursday, August 3rd. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of Hold and an average price target of $41.67.

Shares of ManTech International Corporation (NASDAQ MANT) traded up 0.28% during midday trading on Wednesday, reaching $42.32. The company had a trading volume of 128,189 shares. The company has a market capitalization of $1.65 billion, a P/E ratio of 27.90 and a beta of 0.94. ManTech International Corporation has a 12 month low of $33.50 and a 12 month high of $45.52. The firm’s 50 day moving average price is $39.78 and its 200-day moving average price is $38.23.

ManTech International Corporation (NASDAQ:MANT) last announced its earnings results on Wednesday, August 2nd. The technology company reported $0.40 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.03. ManTech International Corporation had a net margin of 3.59% and a return on equity of 4.73%. The company had revenue of $413.70 million for the quarter, compared to analyst estimates of $418.60 million. During the same period in the prior year, the business earned $0.39 earnings per share. ManTech International Corporation’s quarterly revenue was up 3.1% on a year-over-year basis. Analysts anticipate that ManTech International Corporation will post $1.52 earnings per share for the current fiscal year.

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The business also recently declared a Semi-Annual dividend, which was paid on Friday, September 22nd. Investors of record on Friday, September 8th were issued a dividend of $0.21 per share. This represents a dividend yield of 2.01%. The ex-dividend date was Thursday, September 7th. ManTech International Corporation’s dividend payout ratio (DPR) is presently 27.63%.

In related news, COO Kevin M. Phillips sold 24,020 shares of ManTech International Corporation stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $41.03, for a total transaction of $985,540.60. Following the sale, the chief operating officer now directly owns 47,656 shares in the company, valued at approximately $1,955,325.68. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Mary K. Bush sold 2,500 shares of ManTech International Corporation stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $40.39, for a total transaction of $100,975.00. Following the sale, the director now owns 8,540 shares in the company, valued at $344,930.60. The disclosure for this sale can be found here. Insiders have sold a total of 28,520 shares of company stock worth $1,167,556 over the last ninety days. 22.28% of the stock is currently owned by insiders.

A number of large investors have recently bought and sold shares of the stock. BlackRock Inc. boosted its position in ManTech International Corporation by 6.8% during the 2nd quarter. BlackRock Inc. now owns 3,964,424 shares of the technology company’s stock worth $164,049,000 after buying an additional 252,770 shares during the period. Vanguard Group Inc. lifted its position in shares of ManTech International Corporation by 9.5% in the 1st quarter. Vanguard Group Inc. now owns 2,707,606 shares of the technology company’s stock worth $93,765,000 after purchasing an additional 234,114 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of ManTech International Corporation by 1.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,160,144 shares of the technology company’s stock worth $74,806,000 after purchasing an additional 26,290 shares during the period. Earnest Partners LLC lifted its position in shares of ManTech International Corporation by 1.7% in the 2nd quarter. Earnest Partners LLC now owns 1,403,248 shares of the technology company’s stock worth $58,066,000 after purchasing an additional 23,191 shares during the period. Finally, Victory Capital Management Inc. lifted its position in shares of ManTech International Corporation by 1.5% in the 1st quarter. Victory Capital Management Inc. now owns 1,058,628 shares of the technology company’s stock worth $36,660,000 after purchasing an additional 15,201 shares during the period. Institutional investors and hedge funds own 61.87% of the company’s stock.

ManTech International Corporation Company Profile

ManTech International Corporation provides technologies and solutions for national security programs for the intelligence community; the departments of Defense, State, Homeland Security, Health and Human Services, Veteran Affairs and Justice, including the Federal Bureau of Investigation (FBI); the space community, and other the United States Government customers.

Analyst Recommendations for ManTech International Corporation (NASDAQ:MANT)

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