Livforsakringsbolaget Skandia Omsesidigt Invests $4.14 Million in SS&C Technologies Holdings, Inc. $SSNC

Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 66,700 shares of the technology company’s stock, valued at approximately $4,139,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rakuten Investment Management Inc. bought a new stake in SS&C Technologies in the second quarter valued at $765,000. North Star Asset Management Inc. bought a new position in SS&C Technologies in the 2nd quarter worth $37,979,000. Empowered Funds LLC purchased a new stake in shares of SS&C Technologies in the 2nd quarter worth about $412,000. United Capital Financial Advisors LLC purchased a new stake in shares of SS&C Technologies in the 2nd quarter worth about $231,000. Finally, Formula Growth Ltd. bought a new stake in shares of SS&C Technologies during the 2nd quarter valued at about $2,155,000. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Analyst Upgrades and Downgrades

SSNC has been the topic of several research analyst reports. Weiss Ratings upgraded shares of SS&C Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 19th. UBS Group restated a “buy” rating and issued a $99.00 price objective on shares of SS&C Technologies in a report on Thursday, August 13th. JPMorgan Chase & Co. reduced their target price on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating on the stock in a report on Monday, July 20th. Needham & Company LLC restated a “buy” rating and issued a $90.00 target price on shares of SS&C Technologies in a research note on Friday, July 24th. Finally, Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $91.25.

SS&C Technologies Price Performance

SSNC stock opened at $83.42 on Friday. 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 $19.57 billion, a price-to-earnings ratio of 23.97 and a beta of 1.07. The firm has a 50 day moving average price of $73.49 and a 200-day moving average price of $71.04. SS&C Technologies Holdings, Inc. has a 52-week low of $61.40 and a 52-week high of $90.26.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.08. The company had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.66 billion. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%.The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter last year, the company earned $1.45 EPS. 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. Equities research analysts forecast that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current fiscal 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 dividend of $0.30 per share. The ex-dividend date is Tuesday, September 1st. 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 1.4%. SS&C Technologies’s dividend payout ratio is 34.48%.

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.