SCHEDULE 13G/A: BlackRock Discloses 10.2% Stake in Manhattan Associates Inc.
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an amended Schedule 13G, revealing a 10.2% beneficial ownership stake in Manhattan Associates Inc. as of June 30, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 6,182,552 shares of Common Stock in Manhattan Associates Inc.
- This ownership represents 10.2% of the class of securities.
- BlackRock holds sole voting power over 5,949,663 shares and sole dispositive power over 6,182,552 shares.
- The filing is an Amendment No. 22 to the Schedule 13G, indicating an update to a previously reported position.
- BlackRock certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
- Several BlackRock subsidiaries, including BlackRock Fund Advisors, are involved in the beneficial ownership, with BlackRock Fund Advisors specifically noted as beneficially owning 5% or greater of the outstanding shares.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain positive or negative performance indicators or forward-looking statements that would sway sentiment.
Positives
- BlackRock, a major institutional investor, holds a significant 10.2% stake in Manhattan Associates Inc., which may be viewed as a vote of confidence in the company.
Future Outlook
NA
Management Comments
- The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
Industry Context
This filing reflects a routine disclosure by a large asset manager regarding its passive investment holdings, common within the financial industry for institutional investors managing diversified portfolios.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake, which can influence market perception and liquidity.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Previous Power of Attorney revoked by BlackRock, Inc. |
| 2025-01-21 | Effective date of the new Power of Attorney granted by BlackRock, Inc. |
| 2025-06-30 | Date of event which requires the filing of this statement (beneficial ownership snapshot date). |
| 2025-07-17 | Date of filing and signature by BlackRock, Inc. |
Keywords
BlackRock, Manhattan Associates Inc., Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Investment Management
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