Victory Capital Management Inc. Sells 11,495 Shares of SS&C Technologies Holdings, Inc. $SSNC

Victory Capital Management Inc. lowered its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 1.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,106,545 shares of the technology company’s stock after selling 11,495 shares during the period. Victory Capital Management Inc. owned approximately 0.45% of SS&C Technologies worth $98,217,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SSNC. National Pension Service increased its holdings in SS&C Technologies by 27.2% in the 3rd quarter. National Pension Service now owns 186,824 shares of the technology company’s stock worth $16,582,000 after buying an additional 39,984 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in SS&C Technologies by 3.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 767,765 shares of the technology company’s stock valued at $68,147,000 after acquiring an additional 22,547 shares during the period. Cibc World Market Inc. purchased a new stake in shares of SS&C Technologies during the 3rd quarter valued at about $1,414,000. Davis Capital Management purchased a new stake in shares of SS&C Technologies during the 3rd quarter valued at about $1,064,000. Finally, North Star Asset Management Inc. grew its stake in shares of SS&C Technologies by 1.0% in the second quarter. North Star Asset Management Inc. now owns 611,438 shares of the technology company’s stock worth $50,627,000 after acquiring an additional 6,199 shares during the period. 96.90% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. DA Davidson restated a “buy” rating and set a $106.00 price objective on shares of SS&C Technologies in a research report on Friday, February 6th. Weiss Ratings reissued a “buy (b)” rating on shares of SS&C Technologies in a report on Thursday, January 22nd. Raymond James Financial restated a “strong-buy” rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. Finally, Needham & Company LLC reduced their price objective on SS&C Technologies from $105.00 to $95.00 and set a “buy” rating for the company in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $101.00.

SS&C Technologies Trading Up 0.6%

Shares of SSNC stock opened at $75.20 on Thursday. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.07 and a quick ratio of 1.07. The company has a market cap of $18.16 billion, a price-to-earnings ratio of 23.80 and a beta of 1.18. SS&C Technologies Holdings, Inc. has a 1 year low of $69.00 and a 1 year high of $91.07. The firm has a fifty day moving average price of $80.62 and a 200-day moving average price of $84.30.

SS&C Technologies (NASDAQ:SSNC) last announced its earnings results on Thursday, February 5th. The technology company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.07. The company had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.62 billion. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.SS&C Technologies’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period last year, the firm earned $1.58 EPS. 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. As a group, equities analysts predict that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.

SS&C Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.08 annualized dividend and a yield of 1.4%. SS&C Technologies’s payout ratio is currently 34.18%.

SS&C Technologies Company 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.