Callan Family Office LLC Makes New $661,000 Investment in SS&C Technologies Holdings, Inc. $SSNC

Callan Family Office LLC bought a new stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 10,653 shares of the technology company’s stock, valued at approximately $661,000.

Several other hedge funds also recently modified their holdings of the business. BlackRock Inc. acquired a new position in shares of SS&C Technologies in the 2nd quarter valued at $1,043,987,000. Pzena Investment Management LLC acquired a new stake in shares of SS&C Technologies during the second quarter worth $684,819,000. Bank of Montreal Can increased its holdings in SS&C Technologies by 4,424.6% in the fourth quarter. Bank of Montreal Can now owns 5,126,190 shares of the technology company’s stock valued at $448,132,000 after purchasing an additional 5,012,893 shares during the last quarter. Norges Bank bought a new stake in SS&C Technologies in the fourth quarter valued at about $242,846,000. Finally, Lyrical Asset Management LP acquired a new position in SS&C Technologies in the fourth quarter valued at about $220,573,000. Institutional investors own 96.90% of the company’s stock.

Analyst Ratings Changes

SSNC has been the subject of a number of recent analyst reports. Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. JPMorgan Chase & Co. decreased their price objective on shares of SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating for the company in a report on Monday, July 20th. DA Davidson reaffirmed a “buy” rating and issued a $96.00 target price on shares of SS&C Technologies in a research note on Monday, July 27th. Weiss Ratings upgraded shares of SS&C Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 19th. Finally, UBS Group reissued a “buy” rating and set a $99.00 price target on shares of SS&C Technologies in a research report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, SS&C Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $91.25.

SS&C Technologies Stock Down 0.7%

Shares of SS&C Technologies stock opened at $82.99 on Wednesday. The company has a market capitalization of $19.47 billion, a P/E ratio of 23.85 and a beta of 1.07. 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 business has a 50-day moving average of $72.44 and a two-hundred day moving average of $70.85. SS&C Technologies Holdings, Inc. has a 1 year low of $61.40 and a 1 year high of $90.26.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 earnings per share for the quarter, beating 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 business had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter in the previous year, the business posted $1.45 EPS. SS&C Technologies’s revenue for the quarter 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. As a group, equities analysts predict that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current year.

SS&C Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.30 per share. 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%. The ex-dividend date of this dividend is Tuesday, September 1st. SS&C Technologies’s payout ratio is currently 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.