Rakuten Investment Management Inc. Makes New Investment in SS&C Technologies Holdings, Inc. $SSNC

Rakuten Investment Management Inc. acquired a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 12,159 shares of the technology company’s stock, valued at approximately $765,000.

A number of other institutional investors have also made changes to their positions in SSNC. Havemeyer Place LP acquired a new stake in SS&C Technologies during the 4th quarter valued at $26,000. EFG International AG acquired a new position in SS&C Technologies in the 4th quarter worth $29,000. Jones Financial Companies Lllp purchased a new position in SS&C Technologies in the 2nd quarter valued at about $25,000. Osterweis Capital Management Inc. purchased a new position in SS&C Technologies in the 2nd quarter valued at about $40,000. Finally, Fifth Third Bancorp grew its stake in shares of SS&C Technologies by 216.4% during the fourth quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock valued at $42,000 after acquiring an additional 329 shares in the last quarter. 96.90% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on SSNC. Needham & Company LLC reaffirmed a “buy” rating and set a $90.00 target price on shares of SS&C Technologies in a research report on Friday, July 24th. Jefferies Financial Group lowered their price objective on SS&C Technologies from $92.00 to $83.00 and set a “buy” rating for the company in a research note on Monday, July 20th. DA Davidson restated a “buy” rating and set a $96.00 price objective on shares of SS&C Technologies in a report on Monday, July 27th. UBS Group reaffirmed a “buy” rating and issued a $99.00 target price on shares of SS&C Technologies in a research report on Thursday, August 13th. Finally, Weiss Ratings upgraded SS&C Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, SS&C Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $92.38.

SS&C Technologies Stock Performance

Shares of NASDAQ SSNC opened at $82.97 on Tuesday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.09. The firm’s 50-day moving average price is $73.85 and its two-hundred day moving average price is $71.06. SS&C Technologies Holdings, Inc. has a 52-week low of $61.40 and a 52-week high of $90.26. The stock has a market capitalization of $19.47 billion, a P/E ratio of 23.84 and a beta of 1.07.

SS&C Technologies (NASDAQ:SSNC) last posted its earnings results on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.68 by $0.08. The company had revenue of $1.70 billion during the quarter, compared to analyst estimates 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 was up 10.3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.45 earnings per share. 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, sell-side analysts forecast that SS&C Technologies Holdings, Inc. will post 6.28 earnings per share for the current year.

SS&C Technologies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a $0.30 dividend. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.27. This represents a $1.20 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, September 1st. SS&C Technologies’s dividend payout ratio is 34.48%.

About SS&C Technologies

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.