Atria Investments Inc Raises Position in SS&C Technologies Holdings, Inc. $SSNC

Atria Investments Inc increased its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 6.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,829 shares of the technology company’s stock after purchasing an additional 1,069 shares during the quarter. Atria Investments Inc’s holdings in SS&C Technologies were worth $1,476,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in SSNC. Amalgamated Bank raised its position in SS&C Technologies by 4.1% in the 1st quarter. Amalgamated Bank now owns 11,420 shares of the technology company’s stock worth $954,000 after purchasing an additional 446 shares during the period. Teacher Retirement System of Texas bought a new stake in SS&C Technologies in the 1st quarter worth $2,904,000. Bank of New York Mellon Corp grew its holdings in SS&C Technologies by 6.8% in the 1st quarter. Bank of New York Mellon Corp now owns 1,191,017 shares of the technology company’s stock worth $99,486,000 after acquiring an additional 75,807 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in SS&C Technologies by 31.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 736,523 shares of the technology company’s stock worth $61,522,000 after acquiring an additional 177,079 shares during the last quarter. Finally, Cerity Partners LLC grew its holdings in SS&C Technologies by 13.8% in the 1st quarter. Cerity Partners LLC now owns 86,876 shares of the technology company’s stock worth $7,257,000 after acquiring an additional 10,512 shares during the last quarter. Hedge funds and other institutional investors own 96.90% of the company’s stock.

SS&C Technologies Trading Up 0.0%

Shares of SSNC opened at $85.75 on Thursday. The firm’s 50-day moving average price is $86.24 and its 200-day moving average price is $83.42. The firm has a market capitalization of $20.93 billion, a price-to-earnings ratio of 25.45 and a beta of 1.24. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.97. SS&C Technologies Holdings, Inc. has a 1-year low of $69.61 and a 1-year high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last announced its earnings results on Thursday, October 23rd. The technology company reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.10. The firm had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.55 billion. SS&C Technologies had a net margin of 13.86% and a return on equity of 19.92%. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.29 EPS. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS. FY 2025 guidance at 6.020-6.080 EPS. Sell-side analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were paid a dividend of $1.08 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This is an increase from SS&C Technologies’s previous quarterly dividend of $0.25. This represents a $4.32 annualized dividend and a yield of 5.0%. SS&C Technologies’s payout ratio is presently 32.05%.

Analyst Ratings Changes

A number of brokerages have issued reports on SSNC. Morgan Stanley raised their price target on shares of SS&C Technologies from $88.00 to $92.00 and gave the stock an “equal weight” rating in a report on Friday, October 24th. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. UBS Group raised their price target on shares of SS&C Technologies from $110.00 to $112.00 and gave the stock a “buy” rating in a report on Friday, October 24th. Jefferies Financial Group raised their price target on shares of SS&C Technologies from $98.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Finally, JPMorgan Chase & Co. raised their price target on shares of SS&C Technologies from $86.00 to $94.00 and gave the stock a “neutral” rating in a report on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, SS&C Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $101.75.

About SS&C Technologies

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.