SS&C Technologies Holdings, Inc. $SSNC Stake Raised by Rhumbline Advisers

Rhumbline Advisers increased its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 2.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 280,416 shares of the technology company’s stock after buying an additional 7,256 shares during the quarter. Rhumbline Advisers owned about 0.11% of SS&C Technologies worth $24,890,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Caldwell Trust Co bought a new position in shares of SS&C Technologies in the second quarter worth $27,000. Quent Capital LLC acquired a new stake in SS&C Technologies in the third quarter worth about $39,000. Cornerstone Planning Group LLC grew its position in SS&C Technologies by 1,890.9% in the 3rd quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock valued at $39,000 after buying an additional 416 shares in the last quarter. Osterweis Capital Management Inc. acquired a new position in SS&C Technologies during the 2nd quarter valued at about $40,000. Finally, Root Financial Partners LLC bought a new stake in shares of SS&C Technologies during the 3rd quarter worth about $42,000. Institutional investors own 96.90% of the company’s stock.

Insider Transactions at SS&C Technologies

In other news, Director Normand A. Boulanger sold 150,000 shares of the firm’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $85.85, for a total transaction of $12,877,500.00. Following the transaction, the director owned 386,924 shares in the company, valued at approximately $33,217,425.40. This trade represents a 27.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 16.40% of the stock is owned by company insiders.

SS&C Technologies Stock Up 1.3%

SSNC stock opened at $72.09 on Tuesday. The company has a 50 day moving average of $84.07 and a two-hundred day moving average of $85.41. The company has a market cap of $17.59 billion, a price-to-earnings ratio of 22.81 and a beta of 1.17. SS&C Technologies Holdings, Inc. has a 12-month low of $69.61 and a 12-month high of $91.07. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.94.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings results on Thursday, February 5th. The technology company reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.62 by $0.07. The business had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.62 billion. SS&C Technologies had a net margin of 12.70% and a return on equity of 19.60%. SS&C Technologies’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.58 earnings per share. SS&C Technologies has set its Q1 2026 guidance at 1.620-1.680 EPS and its FY 2026 guidance at 6.700-7.020 EPS. On average, equities analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Monday, December 1st. SS&C Technologies’s dividend payout ratio (DPR) is presently 34.18%.

Analysts Set New Price Targets

SSNC has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of SS&C Technologies in a research note on Thursday, January 22nd. Royal Bank Of Canada boosted their price target on shares of SS&C Technologies from $97.00 to $99.00 and gave the stock an “outperform” rating in a research report on Friday, October 24th. UBS Group raised their target price 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. Needham & Company LLC decreased their target price on SS&C Technologies from $105.00 to $95.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Finally, Jefferies Financial Group boosted their price target on shares of SS&C Technologies from $98.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $101.00.

SS&C Technologies Profile

SS&C Technologies is a global provider of software and services for the financial services industry, offering technology and outsourcing solutions that support investment managers, asset servicing firms, insurance companies, private equity and real estate managers, hedge funds, wealth managers and other financial institutions. The company’s offerings span front-, middle- and back-office functionality, enabling clients to automate trading, portfolio accounting, reconciliation, performance measurement, risk and compliance, and client reporting.

SS&C delivers its capabilities through a mix of licensed software, cloud-based SaaS platforms and managed services.