SCHEDULE: FMR LLC Discloses 5.1% Stake in Manhattan Associates

FMR LLC and its affiliates, including Abigail P. Johnson, reported a 5.1% beneficial ownership stake in Manhattan Associates Inc. as of December 31, 2025.

Summary

• FMR LLC and its affiliates, including Abigail P. Johnson, beneficially own 3,059,099.79 shares of Manhattan Associates Inc. common stock.
• This ownership represents 5.1% of the total outstanding common stock of Manhattan Associates Inc.
• 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.
• FMR LLC holds sole voting power over 3,040,252.41 shares and sole dispositive power over 3,059,099.79 shares.
• Abigail P. Johnson, through her role as Director, Chairman, and CEO of FMR LLC, is deemed to beneficially own the same 3,059,099.79 shares with sole dispositive power, but no sole voting power.
• Several FMR LLC subsidiaries, including FIAM LLC, Fidelity Diversifying Solutions LLC, Fidelity Institutional Asset Management Trust Company, Fidelity Management & Research Company LLC, and Strategic Advisers LLC, are identified as entities beneficially owning shares.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive development, as a significant stake by a reputable institutional investor like FMR LLC can signal confidence in the company's fundamentals and future prospects, without indicating an activist intent.

Positives

• A significant institutional investor, FMR LLC (Fidelity), has taken a substantial 5.1% stake in Manhattan Associates Inc., indicating confidence in the company's long-term prospects.
• The filing explicitly states the stake is for ordinary course of business, not for control, suggesting a passive, long-term investment.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that the disclosure of a 5.1% stake by FMR LLC, a major institutional asset manager, in Manhattan Associates Inc. highlights continued institutional interest in companies within the supply chain and logistics software sector. This sector has seen increased attention due to global supply chain disruptions and the ongoing need for technological advancements in inventory management and fulfillment.

Comparison to Industry Standards

• FMR LLC, through its various investment advisory subsidiaries like Fidelity Management & Research Company LLC, is a prominent institutional investor. Its 5.1% stake in Manhattan Associates Inc. is a standard disclosure threshold for significant ownership, similar to other large asset managers like BlackRock or Vanguard, which routinely report 5%+ stakes in numerous public companies.
• Manhattan Associates operates in a competitive space alongside companies such as Oracle (with its Oracle SCM Cloud), SAP (with SAP S/4HANA Supply Chain), and Blue Yonder. A significant institutional investment like this suggests a positive view of Manhattan Associates' market position and execution within this competitive landscape.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake by FMR LLC could be viewed positively, potentially increasing investor confidence and signaling a stable, long-term holder.
• Management: The passive nature of the investment (not for control) suggests FMR LLC is comfortable with current management and strategy.

Key Dates

Recommendation

The filing indicates a significant institutional investor, FMR LLC, has taken a 5.1% stake in Manhattan Associates Inc. This is generally a positive signal, reflecting institutional confidence. However, as a passive investment, it doesn't suggest immediate catalysts for significant price movement beyond the general market's reaction to such a disclosure. For existing investors, it reinforces a 'hold' position, while new investors might consider it a positive indicator for further due diligence.

Keywords

Manhattan Associates, FMR LLC, Fidelity, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investment, Supply Chain Software, Logistics Technology