William Blair Has Pessimistic Outlook of MANH Q2 Earnings

Manhattan Associates, Inc. (NASDAQ:MANH - Free Report) - Stock analysts at William Blair reduced their Q2 2025 EPS estimates for Manhattan Associates in a research report issued on Wednesday, April 23rd. William Blair analyst D. Becker now forecasts that the software maker will post earnings per share of $0.76 for the quarter, down from their previous forecast of $0.78. William Blair currently has a "Outperform" rating on the stock. The consensus estimate for Manhattan Associates' current full-year earnings is $3.30 per share. William Blair also issued estimates for Manhattan Associates' Q3 2025 earnings at $0.78 EPS and Q4 2025 earnings at $0.74 EPS.

MANH has been the topic of a number of other reports. Piper Sandler cut their price objective on Manhattan Associates from $268.00 to $200.00 and set an "overweight" rating on the stock in a research note on Friday, March 14th. Robert W. Baird reduced their target price on Manhattan Associates from $282.00 to $225.00 and set an "outperform" rating for the company in a research report on Tuesday, March 18th. Citigroup cut their price objective on Manhattan Associates from $244.00 to $184.00 and set a "neutral" rating for the company in a report on Friday, March 14th. Raymond James decreased their price target on Manhattan Associates from $305.00 to $270.00 and set an "outperform" rating on the stock in a research report on Wednesday, January 29th. Finally, Loop Capital reaffirmed a "hold" rating and issued a $170.00 target price (down from $275.00) on shares of Manhattan Associates in a research note on Thursday, April 10th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $212.38.

Manhattan Associates Stock Up 2.1 %

Shares of MANH stock traded up $3.68 during trading hours on Monday, reaching $182.31. 57,191 shares of the stock traded hands, compared to its average volume of 570,908. The business has a fifty day moving average price of $168.75 and a 200 day moving average price of $231.40. The firm has a market capitalization of $11.07 billion, a PE ratio of 51.77 and a beta of 1.36. Manhattan Associates has a 1-year low of $140.81 and a 1-year high of $312.60.

Institutional Trading of Manhattan Associates

Several hedge funds and other institutional investors have recently modified their holdings of MANH. SkyView Investment Advisors LLC boosted its position in Manhattan Associates by 2.0% during the 3rd quarter. SkyView Investment Advisors LLC now owns 5,120 shares of the software maker's stock worth $1,441,000 after acquiring an additional 102 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in Manhattan Associates in the third quarter valued at $502,000. Optimist Retirement Group LLC increased its stake in Manhattan Associates by 9.0% in the 3rd quarter. Optimist Retirement Group LLC now owns 916 shares of the software maker's stock valued at $258,000 after buying an additional 76 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Manhattan Associates by 213.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,009,913 shares of the software maker's stock worth $284,169,000 after buying an additional 687,933 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Manhattan Associates by 40.1% in the 4th quarter. GAMMA Investing LLC now owns 1,662 shares of the software maker's stock valued at $449,000 after acquiring an additional 476 shares in the last quarter. Institutional investors and hedge funds own 98.45% of the company's stock.

Insider Buying and Selling

In related news, CFO Dennis B. Story sold 2,788 shares of the firm's stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $170.83, for a total transaction of $476,274.04. Following the sale, the chief financial officer now directly owns 101,263 shares in the company, valued at $17,298,758.29. This trade represents a 2.68 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.88% of the stock is currently owned by company insiders.

About Manhattan Associates

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.