Plato Investment Management Ltd Invests $570,000 in SS&C Technologies Holdings, Inc. $SSNC

Plato Investment Management Ltd bought a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 9,248 shares of the technology company’s stock, valued at approximately $570,000.

Several other hedge funds have also bought and sold shares of the company. Havemeyer Place LP bought a new position in SS&C Technologies during the fourth quarter worth about $26,000. EFG International AG bought a new position in shares of SS&C Technologies during the 4th quarter worth approximately $29,000. Osterweis Capital Management Inc. acquired a new position in shares of SS&C Technologies during the 2nd quarter worth approximately $40,000. Fifth Third Bancorp lifted its holdings in SS&C Technologies by 216.4% during the 4th quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock valued at $42,000 after purchasing an additional 329 shares during the last quarter. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its position in SS&C Technologies by 66.7% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 500 shares of the technology company’s stock worth $44,000 after purchasing an additional 200 shares during the period. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. UBS Group reissued a “buy” rating and issued a $99.00 price objective on shares of SS&C Technologies in a research report on Thursday, August 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of SS&C Technologies in a report on Wednesday, August 5th. Morgan Stanley lowered their price target on shares of SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Jefferies Financial Group cut their price objective on shares of SS&C Technologies from $92.00 to $83.00 and set a “buy” rating for the company in a research report on Monday, July 20th. Finally, JPMorgan Chase & Co. reduced their price objective on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating for the company in a report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, SS&C Technologies has an average rating of “Moderate Buy” and an average target price of $91.25.

SS&C Technologies Stock Up 0.9%

SSNC opened at $80.53 on Wednesday. SS&C Technologies Holdings, Inc. has a fifty-two week low of $61.40 and a fifty-two week high of $91.07. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market capitalization of $18.90 billion, a P/E ratio of 23.14 and a beta of 1.07. The stock has a fifty day moving average of $70.95 and a 200-day moving average of $70.71.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings results on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.68 by $0.08. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The business had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the prior year, the company posted $1.45 earnings per share. SS&C Technologies’s revenue was up 10.3% compared to the same quarter last year. SS&C Technologies has set its FY 2026 guidance at 6.930-7.250 EPS and its Q3 2026 guidance at 1.730-1.790 EPS. On average, equities analysts expect that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current year.

SS&C Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.30 per share. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.27. This represents a $1.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, September 1st. SS&C Technologies’s payout ratio is 31.03%.

Insider Activity at SS&C Technologies

In other news, Director Michael Jay Zamkow sold 3,000 shares of SS&C Technologies stock in a transaction that occurred 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 completion of the sale, the director directly owned 18,404 shares in the company, valued at approximately $1,227,178.72. The trade was a 14.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 16.00% of the company’s stock.

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.