52,703 Shares in SS&C Technologies Holdings, Inc. $SSNC Acquired by Meiji Yasuda Asset Management Co Ltd.

Meiji Yasuda Asset Management Co Ltd. acquired a new stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 52,703 shares of the technology company’s stock, valued at approximately $3,270,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Havemeyer Place LP acquired a new position in SS&C Technologies during the fourth quarter valued at $26,000. EFG International AG acquired a new position in shares of SS&C Technologies in the 4th quarter valued at about $29,000. Osterweis Capital Management Inc. purchased a new stake in shares of SS&C Technologies in the second quarter worth about $40,000. Fifth Third Bancorp grew its holdings in SS&C Technologies by 216.4% during the fourth quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after acquiring an additional 329 shares during the period. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA raised 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 valued at $44,000 after acquiring an additional 200 shares in the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

SS&C Technologies Trading Up 0.7%

Shares of SS&C Technologies stock opened at $83.54 on Tuesday. 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 twelve month low of $61.40 and a twelve month high of $90.81. The firm has a market capitalization of $19.60 billion, a PE ratio of 24.01 and a beta of 1.07. The firm’s 50-day moving average price is $72.14 and its 200 day moving average price is $70.79.

SS&C Technologies (NASDAQ:SSNC) last posted 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 return on equity of 21.20% and a net margin of 13.16%.The company had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same period in the previous year, the business earned $1.45 EPS. SS&C Technologies’s quarterly revenue 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. On average, sell-side analysts predict 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 declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $0.30 per share. The ex-dividend date is Tuesday, September 1st. This is a positive change 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 (DPR) is presently 31.03%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Royal Bank Of Canada raised 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 note on Friday, July 24th. Needham & Company LLC restated a “buy” rating and set a $90.00 price target on shares of SS&C Technologies in a research report on Friday, July 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 report on Monday, July 20th. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Finally, UBS Group restated a “buy” rating and issued a $99.00 price target on shares of SS&C Technologies in a research note on Thursday, August 13th. One 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.