WINTON GROUP Ltd Boosts Stock Holdings in Manhattan Associates, Inc. $MANH

WINTON GROUP Ltd raised its holdings in Manhattan Associates, Inc. (NASDAQ:MANH) by 341.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,286 shares of the software maker’s stock after purchasing an additional 4,862 shares during the period. WINTON GROUP Ltd’s holdings in Manhattan Associates were worth $1,089,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of Manhattan Associates by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 6,957,028 shares of the software maker’s stock worth $1,205,723,000 after purchasing an additional 136,708 shares in the last quarter. Alliancebernstein L.P. increased its stake in shares of Manhattan Associates by 22.7% in the third 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. AQR Capital Management LLC increased its stake in shares of Manhattan Associates by 7.7% in the third quarter. AQR Capital Management LLC now owns 2,077,132 shares of the software maker’s stock worth $425,771,000 after purchasing an additional 149,079 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Manhattan Associates by 5.3% in the fourth 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. Finally, Invesco Ltd. increased its stake in shares of Manhattan Associates by 4.1% in the third quarter. Invesco Ltd. now owns 893,264 shares of the software maker’s stock worth $183,101,000 after purchasing an additional 35,172 shares in the last quarter. Hedge funds and other institutional investors own 98.45% of the company’s stock.

Insider Transactions at Manhattan Associates

In other Manhattan Associates news, EVP James Stewart Gantt sold 7,300 shares of Manhattan Associates stock in a transaction that occurred on Friday, April 24th. The shares were 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 $8,468,488.75. The trade was a 10.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.84% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Barclays reduced their target price on shares of Manhattan Associates from $239.00 to $201.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. William Blair restated an “outperform” rating on shares of Manhattan Associates in a research report on Thursday, March 5th. Robert W. Baird raised their price objective on shares of Manhattan Associates from $183.00 to $186.00 and gave the company an “outperform” rating in a research report on Wednesday, April 22nd. DA Davidson restated a “buy” rating and issued a $200.00 price objective on shares of Manhattan Associates in a research report on Wednesday, May 20th. Finally, Citigroup cut their price objective on shares of Manhattan Associates from $208.00 to $177.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. 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 stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $199.45.

Manhattan Associates Trading Down 0.2%

MANH stock opened at $146.54 on Wednesday. The firm has a 50 day moving average of $137.79 and a 200-day moving average of $151.42. Manhattan Associates, Inc. has a 12 month low of $119.06 and a 12 month high of $247.22. The firm has a market capitalization of $8.67 billion, a P/E ratio of 41.05 and a beta of 0.97.

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

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

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.