Denali Advisors LLC Invests $434,000 in SS&C Technologies Holdings, Inc. $SSNC

Denali Advisors LLC bought a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 7,000 shares of the technology company’s stock, valued at approximately $434,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Teacher Retirement System of Texas boosted its holdings in shares of SS&C Technologies by 374.3% in the 4th quarter. Teacher Retirement System of Texas now owns 137,799 shares of the technology company’s stock worth $12,046,000 after buying an additional 108,746 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in SS&C Technologies by 8.1% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 217,237 shares of the technology company’s stock worth $18,628,000 after buying an additional 16,278 shares during the last quarter. Kepler Cheuvreux Suisse SA raised its position in SS&C Technologies by 29.4% in the fourth quarter. Kepler Cheuvreux Suisse SA now owns 121,773 shares of the technology company’s stock worth $10,645,000 after acquiring an additional 27,686 shares during the period. Oppenheimer Asset Management Inc. raised its position in SS&C Technologies by 122.7% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 41,976 shares of the technology company’s stock worth $3,670,000 after acquiring an additional 23,125 shares during the period. Finally, Skylands Capital LLC boosted its stake in SS&C Technologies by 71.6% in the first quarter. Skylands Capital LLC now owns 138,475 shares of the technology company’s stock valued at $9,357,000 after acquiring an additional 57,775 shares during the last quarter. 96.90% of the stock is owned by hedge funds and other institutional investors.

SS&C Technologies Stock Performance

NASDAQ SSNC opened at $82.12 on Friday. The firm has a market cap of $19.27 billion, a P/E ratio of 23.60 and a beta of 1.07. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.09. The company’s 50 day moving average is $71.52 and its 200-day moving average is $70.71. SS&C Technologies Holdings, Inc. has a 12-month low of $61.40 and a 12-month high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, topping 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 company had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same period last year, the firm earned $1.45 EPS. SS&C Technologies’s revenue for the quarter was up 10.3% on a year-over-year basis. 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. Sell-side analysts predict that SS&C Technologies Holdings, Inc. will post 6.28 earnings per share for the current year.

SS&C Technologies Increases Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SSNC. Wall Street Zen upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Morgan Stanley reduced their price objective on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. UBS Group reissued a “buy” rating and issued a $99.00 target price on shares of SS&C Technologies in a research report on Thursday, August 13th. Royal Bank Of Canada upped their price target on SS&C Technologies from $89.00 to $92.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $90.00 price target on shares of SS&C Technologies in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, SS&C Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $91.25.

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.