Manhattan Associates (NASDAQ:MANH) Upgraded at DA Davidson

DA Davidson upgraded shares of Manhattan Associates (NASDAQ:MANH) to a strong-buy rating in a research note published on Wednesday morning,Zacks.com reports. DA Davidson also issued estimates for Manhattan Associates’ Q4 2025 earnings at $0.73 EPS, FY2025 earnings at $3.47 EPS and FY2026 earnings at $3.81 EPS.

A number of other analysts have also recently commented on MANH. Robert W. Baird boosted their price objective on Manhattan Associates from $212.00 to $230.00 and gave the company an “outperform” rating in a research report on Wednesday, July 16th. UBS Group set a $240.00 price objective on Manhattan Associates in a research report on Wednesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Manhattan Associates in a research report on Wednesday, October 8th. Truist Financial set a $230.00 price target on Manhattan Associates in a research report on Wednesday. Finally, Morgan Stanley set a $200.00 price target on Manhattan Associates and gave the stock an “equal weight” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Manhattan Associates presently has a consensus rating of “Moderate Buy” and a consensus target price of $222.83.

Manhattan Associates Price Performance

Manhattan Associates stock opened at $194.85 on Wednesday. The stock has a market capitalization of $11.78 billion, a PE ratio of 55.51 and a beta of 1.12. Manhattan Associates has a 12 month low of $140.81 and a 12 month high of $312.60. The business has a 50 day simple moving average of $208.78 and a 200-day simple moving average of $197.82.

Manhattan Associates (NASDAQ:MANH) last posted its quarterly earnings data on Tuesday, October 21st. The software maker reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.18 by $0.18. The business had revenue of $275.80 million during the quarter, compared to analysts’ expectations of $271.66 million. Manhattan Associates had a return on equity of 78.80% and a net margin of 20.25%.The business’s revenue was up 3.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.35 earnings per share. Manhattan Associates has set its FY 2025 guidance at 4.950-4.970 EPS. On average, equities research analysts anticipate that Manhattan Associates will post 3.3 EPS for the current fiscal year.

Insider Buying and Selling at Manhattan Associates

In other Manhattan Associates news, Chairman Eddie Capel sold 37,342 shares of the company’s stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $222.18, for a total value of $8,296,645.56. Following the completion of the sale, the chairman directly owned 162,988 shares in the company, valued at $36,212,673.84. This represents a 18.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Linda T. Hollembaek sold 2,024 shares of the company’s stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $221.53, for a total value of $448,376.72. Following the completion of the sale, the director owned 11,907 shares of the company’s stock, valued at approximately $2,637,757.71. The trade was a 14.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.88% of the stock is owned by corporate insiders.

Institutional Trading of Manhattan Associates

Several large investors have recently added to or reduced their stakes in MANH. Whipplewood Advisors LLC grew its holdings in Manhattan Associates by 907.7% in the 2nd quarter. Whipplewood Advisors LLC now owns 131 shares of the software maker’s stock valued at $26,000 after buying an additional 118 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Manhattan Associates by 117.0% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 230 shares of the software maker’s stock worth $45,000 after purchasing an additional 124 shares during the period. Hantz Financial Services Inc. grew its holdings in shares of Manhattan Associates by 1,000.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 308 shares of the software maker’s stock worth $61,000 after purchasing an additional 280 shares during the period. Brooklyn Investment Group grew its holdings in shares of Manhattan Associates by 70.1% during the 1st quarter. Brooklyn Investment Group now owns 359 shares of the software maker’s stock worth $62,000 after purchasing an additional 148 shares during the period. Finally, Reyes Financial Architecture Inc. grew its holdings in shares of Manhattan Associates by 42.5% during the 1st quarter. Reyes Financial Architecture Inc. now owns 476 shares of the software maker’s stock worth $82,000 after purchasing an additional 142 shares during the period. 98.45% of the stock is currently owned by hedge funds and other institutional investors.

Manhattan Associates Company Profile

Manhattan Associates, Inc develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. It offers Warehouse Management Solution for managing goods and information across the distribution centers; Manhattan Active Warehouse Management, a cloud native and version less application for the associate; and Transportation Management Solution for helping shippers navigate their way through the demands and meet customer service expectations at the lowest possible freight costs; Manhattan SCALE, a portfolio of logistics execution solution; and Manhattan Active Omni, which offers order management, store inventory and fulfillment, POS, and customer engagement tools for enterprises and stores.