Headlands Technologies LLC Acquires 14,208 Shares of SS&C Technologies Holdings, Inc. $SSNC

Headlands Technologies LLC raised its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 33.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 57,158 shares of the technology company’s stock after acquiring an additional 14,208 shares during the period. Headlands Technologies LLC’s holdings in SS&C Technologies were worth $3,547,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of SS&C Technologies by 8.1% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 217,237 shares of the technology company’s stock worth $18,628,000 after purchasing an additional 16,278 shares during the period. Kepler Cheuvreux Suisse SA lifted its stake in shares of SS&C Technologies by 29.4% in the fourth quarter. Kepler Cheuvreux Suisse SA now owns 121,773 shares of the technology company’s stock valued at $10,645,000 after buying an additional 27,686 shares during the period. Oppenheimer Asset Management Inc. grew its position in SS&C Technologies by 122.7% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 41,976 shares of the technology company’s stock worth $3,670,000 after buying an additional 23,125 shares in the last quarter. Skylands Capital LLC grew its position in SS&C Technologies by 71.6% during the first quarter. Skylands Capital LLC now owns 138,475 shares of the technology company’s stock worth $9,357,000 after buying an additional 57,775 shares in the last quarter. Finally, Hussman Strategic Advisors Inc. bought a new position in SS&C Technologies during the fourth quarter valued at about $2,203,000. 96.90% of the stock is owned by institutional investors.

SS&C Technologies Stock Performance

NASDAQ:SSNC opened at $83.42 on Monday. The firm has a market capitalization of $19.57 billion, a PE ratio of 23.97 and a beta of 1.07. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.09. SS&C Technologies Holdings, Inc. has a 12-month low of $61.40 and a 12-month high of $90.26. The firm has a 50-day moving average price of $73.49 and a 200 day moving average price of $71.00.

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 analysts’ consensus estimates 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 company had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the previous year, the business earned $1.45 earnings per share. The company’s quarterly revenue 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. Research analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.28 earnings per share for the current fiscal year.

SS&C Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.30 per share. This is an increase 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 is Tuesday, September 1st. SS&C Technologies’s dividend payout ratio is currently 31.03%.

Analyst Upgrades and Downgrades

SSNC has been the subject of a number of research reports. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 price objective on shares of SS&C Technologies in a research report on Friday, July 24th. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Weiss Ratings upgraded SS&C Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 19th. 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, DA Davidson reiterated a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a research note on Monday, July 27th. One investment 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 stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $91.25.

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.