OP Asset Management Ltd Makes New $1.57 Million Investment in SS&C Technologies Holdings, Inc. $SSNC

OP Asset Management Ltd bought a new stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the first quarter, Holdings Channel reports. The firm bought 23,227 shares of the technology company’s stock, valued at approximately $1,569,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. grew its stake in SS&C Technologies by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 20,532,012 shares of the technology company’s stock valued at $1,794,908,000 after purchasing an additional 74,170 shares in the last quarter. Pzena Investment Management LLC raised its stake in shares of SS&C Technologies by 1.4% during the 4th quarter. Pzena Investment Management LLC now owns 10,313,582 shares of the technology company’s stock worth $901,613,000 after purchasing an additional 137,691 shares in the last quarter. State Street Corp lifted its holdings in shares of SS&C Technologies by 2.1% during the 4th quarter. State Street Corp now owns 6,064,115 shares of the technology company’s stock valued at $530,125,000 after buying an additional 125,580 shares during the last quarter. Bank of Montreal Can grew its stake in shares of SS&C Technologies by 4,424.6% in the 4th quarter. Bank of Montreal Can now owns 5,126,190 shares of the technology company’s stock valued at $448,132,000 after buying an additional 5,012,893 shares in the last quarter. Finally, Cantillon Capital Management LLC grew its stake in shares of SS&C Technologies by 0.8% in the 4th quarter. Cantillon Capital Management LLC now owns 4,258,493 shares of the technology company’s stock valued at $372,277,000 after buying an additional 32,136 shares in the last quarter. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at SS&C Technologies

In other SS&C Technologies news, Director Michael Jay Zamkow sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $66.68, for a total value of $200,040.00. Following the sale, the director owned 18,404 shares of the company’s stock, valued at $1,227,178.72. This trade represents a 14.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Jonathan E. Michael sold 2,740 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total value of $183,196.40. Following the completion of the sale, the director directly owned 79,384 shares in the company, valued at $5,307,614.24. This trade represents a 3.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 8,740 shares of company stock valued at $583,576. 16.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on SSNC shares. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings downgraded shares of SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. DA Davidson reissued a “buy” rating and issued a $96.00 target price on shares of SS&C Technologies in a research report on Monday, April 27th. UBS Group increased their price target on shares of SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Finally, Jefferies Financial Group cut their price target on shares of SS&C Technologies from $105.00 to $92.00 and set a “buy” rating on the stock in a report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $96.12.

SS&C Technologies Stock Performance

Shares of SSNC opened at $63.66 on Monday. The company has a market capitalization of $15.33 billion, a PE ratio of 19.71 and a beta of 1.09. SS&C Technologies Holdings, Inc. has a one year low of $62.99 and a one year 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’s fifty day moving average price is $67.72 and its 200 day moving average price is $74.45.

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

SS&C Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Monday, June 1st. SS&C Technologies’s payout ratio is currently 33.44%.

About SS&C Technologies

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.