William Blair Brokers Increase Earnings Estimates for MANH

Manhattan Associates, Inc. (NASDAQ:MANH - Free Report) - Analysts at William Blair upped their Q1 2026 earnings per share estimates for shares of Manhattan Associates in a research report issued on Wednesday, April 23rd. William Blair analyst D. Becker now forecasts that the software maker will earn $0.82 per share for the quarter, up from their prior forecast of $0.77. William Blair 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' Q2 2026 earnings at $0.86 EPS, Q3 2026 earnings at $0.94 EPS and Q4 2026 earnings at $0.93 EPS.

A number of other research analysts have also commented on the company. Robert W. Baird decreased their price objective on Manhattan Associates from $282.00 to $225.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 18th. DA Davidson boosted their price objective on Manhattan Associates from $195.00 to $200.00 and gave the company a "buy" rating in a research report on Wednesday, April 23rd. Truist Financial boosted their price objective on Manhattan Associates from $180.00 to $190.00 and gave the company a "buy" rating in a research report on Wednesday, April 23rd. Raymond James decreased their price objective on Manhattan Associates from $305.00 to $270.00 and set an "outperform" rating for the company in a research report on Wednesday, January 29th. Finally, Piper Sandler reduced their price target on Manhattan Associates from $268.00 to $200.00 and set an "overweight" rating for the company in a research report on Friday, March 14th. Three 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, Manhattan Associates has a consensus rating of "Moderate Buy" and an average target price of $212.38.

Manhattan Associates Stock Performance

MANH traded down $0.20 during mid-day trading on Friday, reaching $174.38. The stock had a trading volume of 649,719 shares, compared to its average volume of 571,196. The stock has a market capitalization of $10.59 billion, a P/E ratio of 49.68 and a beta of 1.36. The firm's fifty day simple moving average is $169.01 and its two-hundred day simple moving average is $233.05. Manhattan Associates has a 52 week low of $140.81 and a 52 week high of $312.60.

Institutional Investors Weigh In On Manhattan Associates

A number of large investors have recently added to or reduced their stakes in the business. Twin Tree Management LP bought a new position in Manhattan Associates during the 4th quarter worth $25,000. Synergy Asset Management LLC bought a new position in Manhattan Associates during the 4th quarter worth $35,000. Whipplewood Advisors LLC bought a new position in Manhattan Associates during the 4th quarter worth $34,000. Park Square Financial Group LLC bought a new position in Manhattan Associates during the 4th quarter worth $38,000. Finally, Transce3nd LLC bought a new position in Manhattan Associates during the 4th quarter worth $41,000. Institutional investors own 98.45% of the company's stock.

Insider Activity at Manhattan Associates

In related news, CFO Dennis B. Story sold 2,788 shares of the stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $170.83, for a total value of $476,274.04. Following the sale, the chief financial officer now owns 101,263 shares in the company, valued at approximately $17,298,758.29. This represents a 2.68 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.72% of the stock is 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.