SS&C Technologies Holdings, Inc. $SSNC Shares Bought by BTC Capital Management Inc.

BTC Capital Management Inc. grew its stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 19.6% during the 1st quarter, Holdings Channel reports. The fund owned 74,198 shares of the technology company’s stock after acquiring an additional 12,143 shares during the period. BTC Capital Management Inc.’s holdings in SS&C Technologies were worth $5,014,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in SSNC. Blue Trust Inc. lifted its holdings in SS&C Technologies by 61.7% in the 1st quarter. Blue Trust Inc. now owns 1,405 shares of the technology company’s stock valued at $95,000 after purchasing an additional 536 shares in the last quarter. OP Asset Management Ltd acquired a new stake in shares of SS&C Technologies during the 1st quarter worth about $1,569,000. Assenagon Asset Management S.A. grew its holdings in shares of SS&C Technologies by 286.0% during the first quarter. Assenagon Asset Management S.A. now owns 179,104 shares of the technology company’s stock worth $12,102,000 after buying an additional 132,707 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of SS&C Technologies by 244.3% during the first quarter. SG Americas Securities LLC now owns 145,503 shares of the technology company’s stock worth $9,832,000 after buying an additional 103,242 shares in the last quarter. Finally, Sheets Smith Wealth Management acquired a new position in shares of SS&C Technologies in the first quarter valued at approximately $537,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. UBS Group upped their price objective on shares of SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Morgan Stanley lowered their target price on shares of SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. Needham & Company LLC cut their price target on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a report on Friday, April 24th. Jefferies Financial Group reduced their price target on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating on the stock in a research note on Tuesday, April 21st. Finally, Weiss Ratings cut SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $96.12.

SS&C Technologies Trading Down 0.3%

NASDAQ SSNC opened at $65.95 on Thursday. The company has a market cap of $15.88 billion, a P/E ratio of 20.42 and a beta of 1.09. SS&C Technologies Holdings, Inc. has a 12 month low of $64.37 and a 12 month high of $91.07. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.10 and a quick ratio of 1.10. The company has a 50-day moving average of $68.02 and a 200-day moving average of $74.79.

SS&C Technologies (NASDAQ:SSNC) last released its earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.04. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same period last year, the company earned $1.44 earnings per share. The company’s quarterly revenue was up 8.8% on a year-over-year basis. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. As a group, equities analysts predict that SS&C Technologies Holdings, Inc. will post 6.17 earnings per share for the current year.

SS&C Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.08 dividend on an annualized basis and a yield of 1.6%. SS&C Technologies’s dividend payout ratio (DPR) is currently 33.44%.

Insiders Place Their Bets

In other SS&C Technologies news, Director Michael Jay Zamkow sold 3,000 shares of SS&C Technologies stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $66.68, for a total value of $200,040.00. Following the transaction, the director owned 18,404 shares in the company, valued at $1,227,178.72. This trade represents a 14.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jonathan E. Michael sold 2,740 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total transaction of $183,196.40. Following the sale, the director directly owned 79,384 shares of the company’s stock, valued at $5,307,614.24. This represents a 3.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 8,740 shares of company stock worth $583,576. 16.00% of the stock is owned by company insiders.

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.