Magnetar Financial LLC Invests $2.03 Million in SS&C Technologies Holdings, Inc. $SSNC

Magnetar Financial LLC acquired a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 22,820 shares of the technology company’s stock, valued at approximately $2,026,000.

Several other institutional investors have also added to or reduced their stakes in the business. Caldwell Trust Co bought a new position in SS&C Technologies during the second quarter worth about $27,000. Quent Capital LLC bought a new stake in shares of SS&C Technologies in the third quarter valued at approximately $39,000. Cornerstone Planning Group LLC lifted its stake in shares of SS&C Technologies by 1,890.9% during 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. purchased a new stake in shares of SS&C Technologies during the 2nd quarter valued at approximately $40,000. Finally, Root Financial Partners LLC bought a new position in SS&C Technologies in the 3rd quarter worth approximately $42,000. 96.90% of the stock is owned by hedge funds and other institutional investors.

SS&C Technologies Trading Down 2.0%

Shares of SSNC stock opened at $71.52 on Friday. The company has a market capitalization of $17.27 billion, a PE ratio of 22.63 and a beta of 1.18. SS&C Technologies Holdings, Inc. has a 52-week low of $69.00 and a 52-week high of $91.07. The business’s fifty day moving average is $78.87 and its 200 day moving average is $83.73. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.07 and a current ratio of 1.07.

SS&C Technologies (NASDAQ:SSNC) last announced its 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. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same period in the prior year, the company earned $1.58 EPS. The company’s quarterly revenue was up 8.1% compared to the same quarter last year. 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 research analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.

SS&C Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, March 2nd. SS&C Technologies’s dividend payout ratio is 34.18%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on SSNC. Needham & Company LLC cut their price target on SS&C Technologies from $105.00 to $95.00 and set a “buy” rating for the company in a report on Friday, February 6th. Raymond James Financial restated a “strong-buy” rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. DA Davidson reaffirmed a “buy” rating and set a $106.00 target price on shares of SS&C Technologies in a report on Friday, February 6th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of SS&C Technologies in a research report on Thursday, January 22nd. One equities research 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 stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.