Vaughan Nelson Investment Management L.P. Trims Position in SS&C Technologies Holdings, Inc. $SSNC

Vaughan Nelson Investment Management L.P. cut its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 0.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 140,538 shares of the technology company’s stock after selling 1,267 shares during the quarter. Vaughan Nelson Investment Management L.P.’s holdings in SS&C Technologies were worth $11,637,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Atwood & Palmer Inc. raised its position in SS&C Technologies by 125.8% during the 1st quarter. Atwood & Palmer Inc. now owns 298 shares of the technology company’s stock worth $25,000 after buying an additional 166 shares during the last quarter. Larson Financial Group LLC grew its stake in shares of SS&C Technologies by 634.8% during the 1st quarter. Larson Financial Group LLC now owns 338 shares of the technology company’s stock worth $28,000 after purchasing an additional 292 shares during the period. Whittier Trust Co. acquired a new stake in shares of SS&C Technologies during the 1st quarter worth approximately $29,000. N.E.W. Advisory Services LLC acquired a new stake in shares of SS&C Technologies during the 1st quarter worth approximately $29,000. Finally, Elequin Capital LP acquired a new stake in shares of SS&C Technologies during the 1st quarter worth approximately $30,000. 96.90% of the stock is owned by hedge funds and other institutional investors.

SS&C Technologies Stock Performance

Shares of SS&C Technologies stock opened at $87.89 on Friday. SS&C Technologies Holdings, Inc. has a one year low of $66.83 and a one year high of $91.07. The company has a market cap of $21.46 billion, a PE ratio of 27.55 and a beta of 1.23. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.14 and a current ratio of 1.14. The business has a 50-day simple moving average of $87.79 and a 200-day simple moving average of $82.62.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings data on Wednesday, July 23rd. The technology company reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.06. SS&C Technologies had a return on equity of 18.92% and a net margin of 13.34%.The business had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the company posted $1.27 earnings per share. The business’s revenue for the quarter was up 5.9% on a year-over-year basis. SS&C Technologies has set its FY 2025 guidance at 5.820-6.060 EPS. Q3 2025 guidance at 1.440-1.500 EPS. On average, equities research analysts forecast that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.

SS&C Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were issued a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a yield of 4.9%. This is a positive change from SS&C Technologies’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Tuesday, September 2nd. SS&C Technologies’s dividend payout ratio is currently 33.86%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on SSNC shares. DA Davidson raised their price objective on shares of SS&C Technologies from $98.00 to $102.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. UBS Group raised their price objective on shares of SS&C Technologies from $108.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Needham & Company LLC raised their price objective on shares of SS&C Technologies from $90.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, July 24th. JPMorgan Chase & Co. raised their price objective on shares of SS&C Technologies from $86.00 to $94.00 and gave the stock a “neutral” rating in a research note on Thursday, July 24th. Finally, Morgan Stanley raised their price objective on shares of SS&C Technologies from $75.00 to $88.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $97.38.

SS&C Technologies Profile

SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.