Loomis Sayles & Co. L P Purchases 10,136 Shares of SS&C Technologies Holdings, Inc. $SSNC

Loomis Sayles & Co. L P grew its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 4.0% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 266,282 shares of the technology company’s stock after purchasing an additional 10,136 shares during the quarter. Loomis Sayles & Co. L P’s holdings in SS&C Technologies were worth $22,048,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SSNC. Norges Bank bought a new stake in shares of SS&C Technologies during the second quarter valued at approximately $221,558,000. Swedbank AB lifted its position in SS&C Technologies by 72.0% in the 2nd quarter. Swedbank AB now owns 3,419,654 shares of the technology company’s stock valued at $283,147,000 after acquiring an additional 1,431,620 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in SS&C Technologies by 87.6% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,787,419 shares of the technology company’s stock valued at $147,998,000 after purchasing an additional 834,393 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of SS&C Technologies by 28.7% in the 1st quarter. AQR Capital Management LLC now owns 2,921,882 shares of the technology company’s stock worth $238,338,000 after purchasing an additional 651,650 shares in the last quarter. Finally, Nuveen LLC bought a new stake in shares of SS&C Technologies in the 1st quarter worth $33,000,000. Hedge funds and other institutional investors own 96.90% of the company’s stock.

SS&C Technologies Trading Up 0.3%

Shares of NASDAQ:SSNC opened at $85.93 on Friday. The stock has a market capitalization of $20.97 billion, a price-to-earnings ratio of 25.50 and a beta of 1.24. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.14 and a current ratio of 1.14. The stock’s 50-day simple moving average is $84.73 and its two-hundred day simple moving average is $84.34. SS&C Technologies Holdings, Inc. has a 52-week low of $69.61 and a 52-week high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings results on Thursday, October 23rd. The technology company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.47 by $0.10. SS&C Technologies had a net margin of 13.86% and a return on equity of 19.92%. The firm had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.55 billion. During the same quarter in the prior year, the firm earned $1.29 EPS. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS. FY 2025 guidance at 6.020-6.080 EPS. Analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be given a $0.27 dividend. The ex-dividend date is Monday, December 1st. This represents a $1.08 annualized dividend and a yield of 1.3%. SS&C Technologies’s dividend payout ratio (DPR) is presently 32.05%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on SSNC. Royal Bank Of Canada upped their price target on SS&C Technologies from $97.00 to $99.00 and gave the company an “outperform” rating in a report on Friday, October 24th. UBS Group boosted their target price on SS&C Technologies from $110.00 to $112.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of SS&C Technologies in a report on Wednesday, October 8th. DA Davidson set a $102.00 price target on shares of SS&C Technologies in a research note on Friday, October 24th. Finally, Jefferies Financial Group increased their price objective on shares of SS&C Technologies from $98.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $101.75.

Insider Buying and Selling at SS&C Technologies

In other news, Director Normand A. Boulanger sold 150,000 shares of SS&C Technologies stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $85.85, for a total transaction of $12,877,500.00. Following the transaction, the director owned 386,924 shares in the company, valued at $33,217,425.40. This trade represents a 27.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 16.40% of the stock is owned by corporate insiders.

SS&C Technologies Company Profile

SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.