Boston Partners Has $374.58 Million Stake in SS&C Technologies Holdings, Inc. $SSNC

Boston Partners trimmed its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 3.4% in the fourth quarter, Holdings Channel reports. The fund owned 4,285,669 shares of the technology company’s stock after selling 150,989 shares during the quarter. Boston Partners’ holdings in SS&C Technologies were worth $374,578,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Havemeyer Place LP bought a new stake in SS&C Technologies during the 4th quarter valued at approximately $26,000. V Square Quantitative Management LLC bought a new position in SS&C Technologies in the 4th quarter worth approximately $37,000. Osterweis Capital Management Inc. bought a new position in SS&C Technologies in the 2nd quarter worth approximately $40,000. Fifth Third Bancorp lifted its holdings 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 worth $42,000 after buying an additional 329 shares during the last quarter. Finally, Litman Gregory Wealth Management LLC acquired a new position in shares of SS&C Technologies during the fourth quarter worth approximately $44,000. 96.90% of the stock is owned by institutional investors and hedge funds.

SS&C Technologies Trading Down 0.1%

Shares of SS&C Technologies stock opened at $67.68 on Friday. SS&C Technologies Holdings, Inc. has a 52-week low of $64.51 and a 52-week high of $91.07. The firm has a market capitalization of $16.30 billion, a PE ratio of 20.95 and a beta of 1.09. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.10 and a quick ratio of 1.10. The company’s fifty day moving average price is $68.40 and its two-hundred day moving average price is $75.97.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings data 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 net margin of 12.65% and a return on equity of 20.15%. The company had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same period last year, the firm earned $1.44 EPS. The firm’s revenue for the quarter 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, analysts expect that SS&C Technologies Holdings, Inc. will post 6.19 EPS for the current year.

SS&C Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Monday, June 1st. SS&C Technologies’s payout ratio is presently 33.44%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on SSNC shares. Morgan Stanley lowered their price objective on shares of 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. Needham & Company LLC reduced their price target on shares of SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a report on Friday, April 24th. Jefferies Financial Group decreased their price target on shares of SS&C Technologies from $105.00 to $92.00 and set a “buy” rating on the stock in a research report on Tuesday, April 21st. Weiss Ratings downgraded shares of SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. Finally, DA Davidson reiterated a “buy” rating and issued a $96.00 target price on shares of SS&C Technologies in a research note on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $96.13.

Insider Activity at SS&C Technologies

In other news, Director Michael Jay Zamkow sold 3,000 shares of the stock in a transaction that occurred on 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 transaction, the director directly owned 18,404 shares of the company’s stock, valued at approximately $1,227,178.72. This represents a 14.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Jonathan E. Michael sold 2,740 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at $5,307,614.24. This trade represents a 3.34% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 8,740 shares of company stock worth $583,576. Corporate insiders own 16.00% of the company’s stock.

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.