17,223 Shares in SS&C Technologies Holdings, Inc. $SSNC Bought by Argos Wealth Advisors LLC

Argos Wealth Advisors LLC bought a new position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the 4th quarter, HoldingsChannel reports. The firm bought 17,223 shares of the technology company’s stock, valued at approximately $1,506,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SSNC. Alliancebernstein L.P. grew its stake in SS&C Technologies by 503.0% during the 3rd quarter. Alliancebernstein L.P. now owns 1,261,559 shares of the technology company’s stock worth $111,976,000 after buying an additional 1,052,331 shares during the last quarter. Junto Capital Management LP purchased a new position in SS&C Technologies during the 3rd quarter worth $89,281,000. Danica Pension Livsforsikringsaktieselskab purchased a new stake in SS&C Technologies during the 3rd quarter valued at about $64,795,000. First Trust Advisors LP grew its stake in SS&C Technologies by 114.2% during the 3rd quarter. First Trust Advisors LP now owns 772,290 shares of the technology company’s stock valued at $68,548,000 after purchasing an additional 411,717 shares during the last quarter. Finally, Amundi grew its stake in SS&C Technologies by 129.8% during the 3rd quarter. Amundi now owns 616,219 shares of the technology company’s stock valued at $53,808,000 after purchasing an additional 348,092 shares during the last quarter. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

SS&C Technologies Stock Down 0.5%

Shares of SSNC opened at $66.71 on Wednesday. SS&C Technologies Holdings, Inc. has a 52 week low of $65.05 and a 52 week high of $91.07. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $16.07 billion, a price-to-earnings ratio of 20.65 and a beta of 1.12. The stock’s 50-day moving average price is $70.27 and its 200-day moving average price is $78.63.

SS&C Technologies (NASDAQ:SSNC) last issued its earnings results on Thursday, April 23rd. The technology company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.04. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The firm 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 business earned $1.44 earnings per share. The company’s revenue was up 8.8% compared to the same quarter last year. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. On average, sell-side analysts predict that SS&C Technologies Holdings, Inc. will post 6.19 EPS for the current year.

SS&C Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were paid a $0.27 dividend. The ex-dividend date 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 is presently 33.44%.

Analysts Set New Price Targets

SSNC has been the topic of several research analyst reports. Weiss Ratings downgraded SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday. Jefferies Financial Group dropped their price target on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating on the stock in a research note on Tuesday, April 21st. Raymond James Financial reiterated a “strong-buy” rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. Morgan Stanley dropped their price target on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. Finally, Needham & Company LLC dropped their price target on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, SS&C Technologies currently has an average rating of “Moderate Buy” and an average target price of $96.13.

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.