Cookson Peirce & Co. Inc. Decreases Position in SS&C Technologies Holdings, Inc. $SSNC

Cookson Peirce & Co. Inc. decreased its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 7.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 226,658 shares of the technology company’s stock after selling 17,507 shares during the quarter. Cookson Peirce & Co. Inc.’s holdings in SS&C Technologies were worth $19,814,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Argent Trust Co lifted its stake in SS&C Technologies by 0.8% during the third quarter. Argent Trust Co now owns 15,914 shares of the technology company’s stock worth $1,413,000 after purchasing an additional 126 shares during the last quarter. AXA S.A. lifted its stake in SS&C Technologies by 1.4% during the second quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock worth $776,000 after purchasing an additional 130 shares during the last quarter. Private Trust Co. NA lifted its stake in SS&C Technologies by 36.0% during the fourth quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock worth $44,000 after purchasing an additional 133 shares during the last quarter. Signaturefd LLC lifted its stake in SS&C Technologies by 3.9% during the fourth quarter. Signaturefd LLC now owns 3,785 shares of the technology company’s stock worth $331,000 after purchasing an additional 141 shares during the last quarter. Finally, Cullen Frost Bankers Inc. increased its position in SS&C Technologies by 0.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 17,271 shares of the technology company’s stock worth $1,510,000 after buying an additional 142 shares during the period. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Analyst Upgrades and Downgrades

SSNC has been the topic of several research analyst reports. Weiss Ratings lowered SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. DA Davidson reaffirmed a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a research report on Monday, April 27th. Jefferies Financial Group cut their price target on 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. Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Finally, Needham & Company LLC cut their price target on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating on the stock in a research report 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 data from MarketBeat.com, SS&C Technologies has an average rating of “Moderate Buy” and a consensus price target of $96.13.

SS&C Technologies Trading Up 0.7%

SSNC opened at $69.91 on Friday. The firm has a market cap of $16.84 billion, a price-to-earnings ratio of 21.64 and a beta of 1.09. 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 business’s 50 day moving average is $68.28 and its two-hundred day moving average is $76.47. SS&C Technologies Holdings, Inc. has a 52 week low of $64.51 and a 52 week high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last released its earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.04. The business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.63 billion. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.44 earnings per share. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. On average, research analysts predict that SS&C Technologies Holdings, Inc. will post 6.19 EPS for the current year.

SS&C Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued a $0.27 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.5%. SS&C Technologies’s payout ratio is presently 33.44%.

Insider Buying and Selling

In other news, Director Jonathan E. Michael sold 2,740 shares of the business’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 approximately $5,307,614.24. The trade was a 3.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Michael Jay Zamkow sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The shares were 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 in the company, valued at approximately $1,227,178.72. The trade was a 14.02% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 8,740 shares of company stock worth $583,576. Corporate insiders own 16.00% of the company’s stock.

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.