Vanguard Group Inc. Grows Stock Holdings in SS&C Technologies Holdings, Inc. $SSNC

Vanguard Group Inc. raised its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 0.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 20,532,012 shares of the technology company’s stock after buying an additional 74,170 shares during the period. Vanguard Group Inc. owned 0.08% of SS&C Technologies worth $1,794,908,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. V Square Quantitative Management LLC purchased a new position in shares of SS&C Technologies in the 4th quarter valued at approximately $37,000. Cornerstone Planning Group LLC raised its position in shares of SS&C Technologies by 1,890.9% in the 3rd quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock valued at $39,000 after purchasing an additional 416 shares during the last quarter. Quent Capital LLC purchased a new position in shares of SS&C Technologies in the 3rd quarter valued at approximately $39,000. Root Financial Partners LLC purchased a new position in shares of SS&C Technologies in the 3rd quarter valued at approximately $42,000. Finally, Osterweis Capital Management Inc. purchased a new position in shares of SS&C Technologies in the 2nd quarter valued at approximately $40,000. 96.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on SSNC. Raymond James Financial reaffirmed a “strong-buy” rating on shares of SS&C Technologies in a research report on Wednesday, January 21st. Needham & Company LLC decreased their price objective on shares of SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, April 24th. DA Davidson reaffirmed a “buy” rating and issued a $96.00 price objective on shares of SS&C Technologies in a research report on Monday. Jefferies Financial Group decreased their price objective on shares of SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. Finally, Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. 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. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $96.13.

SS&C Technologies Price Performance

Shares of NASDAQ:SSNC opened at $69.49 on Thursday. SS&C Technologies Holdings, Inc. has a twelve month low of $65.05 and a twelve month high of $91.07. The company’s 50 day moving average is $70.78 and its 200 day moving average is $79.26. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.07. The company has a market cap of $16.73 billion, a PE ratio of 21.51 and a beta of 1.19.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.04. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.09%. The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the prior year, the company earned $1.44 EPS. SS&C Technologies’s quarterly revenue was up 8.8% on a year-over-year basis. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. On average, sell-side analysts forecast that SS&C Technologies Holdings, Inc. will post 6.2 EPS for the current year.

SS&C Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.6%. SS&C Technologies’s dividend payout ratio (DPR) is presently 33.44%.

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.