SCHEDULE 13G/A: AllianceBernstein L.P. Discloses 3.7% Passive Stake in Manhattan Associates Inc.

Investment adviser AllianceBernstein L.P. has disclosed a 3.7% beneficial ownership stake in Manhattan Associates Inc. common stock, held for passive investment purposes.

Summary

• AllianceBernstein L.P. filed an Amendment No. 2 to Schedule 13G regarding its beneficial ownership in Manhattan Associates Inc.
• As of March 31, 2025, AllianceBernstein L.P. beneficially owns an aggregate of 2,252,993 shares of Manhattan Associates Inc. Common Stock.
• This represents 3.7% of the total class of securities.
• The shares are held solely for investment purposes on behalf of client discretionary investment advisory accounts.
• AllianceBernstein L.P. holds sole voting power over 2,172,940 shares and sole dispositive power over 2,195,612 shares.
• They have shared dispositive power over 53,763 shares and no shared voting power.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing disclosing a passive investment. While it doesn't contain explicit positive or negative news about the issuer, the fact that a major investment adviser holds a stake can be seen as a neutral to slightly positive signal of confidence in the underlying company's value, without implying any active engagement or specific future performance.

Positives

• AllianceBernstein L.P., a prominent investment adviser, holds a significant passive stake, indicating its confidence in Manhattan Associates Inc. as an investment.
• The investment is explicitly stated as being for 'solely for investment purposes,' suggesting a non-activist, long-term approach.

Negatives

• The filing itself does not contain any negative information regarding Manhattan Associates Inc.'s operations or financial performance.

Risks

• The document does not detail specific risks related to Manhattan Associates Inc.'s business operations or financial health; it solely reports beneficial ownership.

Future Outlook

The document does not provide any forward-looking statements or guidance regarding Manhattan Associates Inc.'s future performance or AllianceBernstein L.P.'s investment strategy beyond the passive nature of the current holding.

Management Comments

• The filing includes a certification from AllianceBernstein L.P. stating that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer, and not in connection with any transaction having such purpose or effect.

Industry Context

This filing is a routine disclosure by a large investment adviser, AllianceBernstein L.P., indicating its passive investment in Manhattan Associates Inc. It does not provide specific insights into broader industry trends for the software or supply chain solutions sector, but reflects a large institutional investor's allocation decision.

Comparison to Industry Standards

• This Schedule 13G filing is a standard regulatory disclosure for institutional investors holding a passive stake. AllianceBernstein L.P.'s 3.7% stake in Manhattan Associates Inc. is a typical size for a passive investment by a large asset manager within a diversified portfolio.
• No specific comparable companies, projects, or results are mentioned in this filing.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's passive stake in the company.

Next Steps

• The document does not outline any specific future actions, events, or milestones for Manhattan Associates Inc. or AllianceBernstein L.P. beyond the ongoing passive investment.

Key Dates

Keywords

Manhattan Associates Inc., AllianceBernstein L.P., Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, Passive Investment, SEC Filing