Korea Investment CORP Raises Stock Holdings in SS&C Technologies Holdings, Inc. $SSNC

Korea Investment CORP increased its stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 12.4% during the 3rd quarter, Holdings Channel reports. The firm owned 342,492 shares of the technology company’s stock after purchasing an additional 37,904 shares during the quarter. Korea Investment CORP’s holdings in SS&C Technologies were worth $30,400,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. lifted its position in SS&C Technologies by 0.8% during the second quarter. Vanguard Group Inc. now owns 20,567,287 shares of the technology company’s stock valued at $1,702,971,000 after purchasing an additional 165,821 shares during the last quarter. Burgundy Asset Management Ltd. increased its holdings in shares of SS&C Technologies by 1.0% in the 2nd quarter. Burgundy Asset Management Ltd. now owns 5,239,571 shares of the technology company’s stock worth $433,836,000 after buying an additional 53,264 shares during the last quarter. Geode Capital Management LLC raised its position in shares of SS&C Technologies by 0.4% during the 2nd quarter. Geode Capital Management LLC now owns 3,715,723 shares of the technology company’s stock valued at $306,639,000 after buying an additional 14,789 shares in the last quarter. Swedbank AB raised its position in shares of SS&C Technologies by 8.5% during the 3rd quarter. Swedbank AB now owns 3,710,333 shares of the technology company’s stock valued at $329,329,000 after buying an additional 290,679 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of SS&C Technologies by 1.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,979,431 shares of the technology company’s stock worth $264,435,000 after acquiring an additional 50,757 shares during the last quarter. 96.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

SSNC has been the subject of several research reports. DA Davidson reiterated a “buy” rating and issued a $106.00 target price on shares of SS&C Technologies in a research report on Friday, February 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of SS&C Technologies in a research note on Thursday, January 22nd. Raymond James Financial reiterated a “strong-buy” rating on shares of SS&C Technologies in a report 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 on the stock in a research report on Friday, February 6th. One investment 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 company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $101.00.

SS&C Technologies Stock Performance

SS&C Technologies stock opened at $74.40 on Tuesday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.07. The company has a market capitalization of $17.97 billion, a PE ratio of 23.54 and a beta of 1.18. The firm has a fifty day simple moving average of $79.77 and a two-hundred day simple moving average of $84.00. SS&C Technologies Holdings, Inc. has a twelve month low of $69.00 and a twelve month high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings data on Thursday, February 5th. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.07. The firm 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%.The company’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 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. Research analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Monday, March 2nd. SS&C Technologies’s payout ratio is 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.