GSA Capital Partners LLP purchased a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Free Report) during the second quarter, HoldingsChannel.com reports. The firm purchased 22,243 shares of the technology company’s stock, valued at approximately $1,380,000.
Several other large investors have also recently added to or reduced their stakes in the company. Havemeyer Place LP acquired a new stake in shares of SS&C Technologies during the fourth quarter worth approximately $26,000. EFG International AG bought a new position in shares of SS&C Technologies in the fourth quarter valued at approximately $29,000. Osterweis Capital Management Inc. acquired a new position in shares of SS&C Technologies in the 2nd quarter worth approximately $40,000. Fifth Third Bancorp boosted its holdings in shares of SS&C Technologies by 216.4% in the 4th quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after acquiring an additional 329 shares in the last quarter. Finally, Private Trust Co. NA grew its position in SS&C Technologies by 36.0% during the 4th quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock worth $44,000 after acquiring an additional 133 shares during the last quarter. 96.90% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on SSNC. Weiss Ratings reaffirmed a “hold (c)” rating on shares of SS&C Technologies in a report on Wednesday, August 5th. UBS Group reissued a “buy” rating and issued a $99.00 price objective on shares of SS&C Technologies in a research note on Thursday. Morgan Stanley decreased their target price on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. JPMorgan Chase & Co. lowered their target price on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating for the company in a research note on Monday, July 20th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $90.00 price target on shares of SS&C Technologies in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, SS&C Technologies presently has an average rating of “Moderate Buy” and an average target price of $91.25.
SS&C Technologies Stock Performance
SSNC stock opened at $81.50 on Monday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.06 and a quick ratio of 1.06. The company has a 50 day moving average price of $70.48 and a 200 day moving average price of $70.78. SS&C Technologies Holdings, Inc. has a fifty-two week low of $61.40 and a fifty-two week high of $91.07. The stock has a market capitalization of $19.12 billion, a PE ratio of 23.42 and a beta of 1.07.
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.08. The firm had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.66 billion. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%.The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the business 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. Analysts forecast that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current year.
SS&C Technologies Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, June 1st. SS&C Technologies’s dividend payout ratio is 31.03%.
Insider Buying and Selling at SS&C Technologies
In related news, Director Jonathan E. Michael sold 2,740 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total value of $183,196.40. Following the transaction, the director owned 79,384 shares in the company, valued at $5,307,614.24. This trade represents a 3.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael Jay Zamkow sold 3,000 shares of SS&C Technologies stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $66.68, for a total value of $200,040.00. Following the completion of the sale, the director owned 18,404 shares of the company’s stock, valued at approximately $1,227,178.72. The trade was a 14.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 8,740 shares of company stock worth $583,576 in the last ninety days. 16.00% of the stock is currently owned by insiders.
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.
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