Capstone Investment Advisors LLC Purchases New Holdings in SS&C Technologies Holdings, Inc. $SSNC

Capstone Investment Advisors LLC acquired a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 10,585 shares of the technology company’s stock, valued at approximately $657,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SSNC. Millennium Management LLC lifted its holdings in shares of SS&C Technologies by 349.1% in the first quarter. Millennium Management LLC now owns 176,630 shares of the technology company’s stock valued at $14,754,000 after purchasing an additional 137,301 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of SS&C Technologies by 6,069.0% during 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. grew its holdings in shares of SS&C Technologies by 16.4% during the first quarter. Goldman Sachs Group Inc. now owns 690,340 shares of the technology company’s stock valued at $57,664,000 after buying an additional 97,247 shares in the last quarter. Focus Partners Wealth raised its position in SS&C Technologies by 35.1% during the first 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 during the period. Finally, Invesco Ltd. raised its position in SS&C Technologies by 17.9% during the second 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 during the period. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

SS&C Technologies Price Performance

SSNC opened at $83.42 on Friday. The stock has a fifty day moving average price of $73.49 and a 200 day moving average price of $71.04. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. SS&C Technologies Holdings, Inc. has a 1 year low of $61.40 and a 1 year high of $90.26. The stock has a market cap of $19.57 billion, a price-to-earnings ratio of 23.97 and a beta of 1.07.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last issued its earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share for the quarter, topping the consensus estimate 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 analyst estimates of $1.66 billion. During the same period in the prior year, the firm posted $1.45 EPS. The business’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. Analysts forecast that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current fiscal year.

SS&C Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be issued a $0.30 dividend. 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 yield of 1.4%. The ex-dividend date is Tuesday, September 1st. SS&C Technologies’s dividend payout ratio is currently 34.48%.

Analysts Set New Price Targets

A number of equities research analysts have commented on SSNC shares. Weiss Ratings upgraded SS&C Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 19th. JPMorgan Chase & Co. reduced their price target on shares of SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating for the company in a research report on Monday, July 20th. Needham & Company LLC restated a “buy” rating and set a $90.00 price target on shares of SS&C Technologies in a report on Friday, July 24th. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Finally, Jefferies Financial Group dropped their price objective on shares of SS&C Technologies from $92.00 to $83.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $91.25.

Read Our Latest Stock Report on SS&C Technologies

SS&C Technologies Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding SSNC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report).

Institutional Ownership by Quarter for SS&C Technologies (NASDAQ:SSNC)

Receive News & Ratings for SS&C Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SS&C Technologies and related companies with MarketBeat.com's FREE daily email newsletter.