Sanctuary Advisors LLC Buys Shares of 15,738 SS&C Technologies Holdings, Inc. $SSNC

Sanctuary Advisors LLC bought a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 15,738 shares of the technology company’s stock, valued at approximately $977,000.

Several other hedge funds have also modified their holdings of the company. Millennium Management LLC raised its holdings in shares of SS&C Technologies by 349.1% during the first quarter. Millennium Management LLC now owns 176,630 shares of the technology company’s stock worth $14,754,000 after purchasing an additional 137,301 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of SS&C Technologies by 6,069.0% in the first quarter. NewEdge Advisors LLC now owns 2,591 shares of the technology company’s stock valued at $216,000 after buying an additional 2,549 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of SS&C Technologies by 16.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 690,340 shares of the technology company’s stock worth $57,664,000 after buying an additional 97,247 shares during the period. Focus Partners Wealth lifted its position in shares of SS&C Technologies by 35.1% during the 1st quarter. Focus Partners Wealth now owns 9,362 shares of the technology company’s stock valued at $782,000 after buying an additional 2,431 shares in the last quarter. Finally, Invesco Ltd. lifted its position in shares of SS&C Technologies by 17.9% during the 2nd quarter. Invesco Ltd. now owns 569,693 shares of the technology company’s stock valued at $47,171,000 after buying an additional 86,606 shares in the last quarter. 96.90% of the stock is owned by hedge funds and other institutional investors.

SS&C Technologies Trading Up 0.5%

Shares of SS&C Technologies stock opened at $83.47 on Friday. The stock has a 50 day moving average of $73.13 and a 200 day moving average of $70.95. 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 firm has a market capitalization of $19.59 billion, a price-to-earnings ratio of 23.99 and a beta of 1.07. SS&C Technologies Holdings, Inc. has a fifty-two week low of $61.40 and a fifty-two week high of $90.26.

SS&C Technologies (NASDAQ:SSNC) last posted its earnings results on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.08. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%.The company had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same quarter in the previous year, the business earned $1.45 earnings per share. The company’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. As a group, research 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 announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.4%. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Tuesday, September 1st. SS&C Technologies’s payout ratio is 31.03%.

Analyst Ratings Changes

A number of research firms have weighed in on SSNC. Royal Bank Of Canada upped their price objective on shares of SS&C Technologies from $89.00 to $92.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. Wall Street Zen upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. UBS Group reaffirmed a “buy” rating and issued a $99.00 price target on shares of SS&C Technologies in a research note on Thursday, August 13th. Weiss Ratings upgraded SS&C Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 19th. Finally, Jefferies Financial Group cut their price objective on SS&C Technologies from $92.00 to $83.00 and set a “buy” rating for the company in a research note on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $91.25.

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.