PensionDanmark Pensionsforsikringsaktieselskab Purchases 14,715 Shares of SS&C Technologies Holdings, Inc. $SSNC

PensionDanmark Pensionsforsikringsaktieselskab lifted its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 39.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,745 shares of the technology company’s stock after buying an additional 14,715 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in SS&C Technologies were worth $3,211,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of SSNC. Vanguard Group Inc. lifted its position in shares of SS&C Technologies by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 20,532,012 shares of the technology company’s stock worth $1,794,908,000 after purchasing an additional 74,170 shares in the last quarter. Pzena Investment Management LLC grew its position in SS&C Technologies by 1.4% in the fourth quarter. Pzena Investment Management LLC now owns 10,313,582 shares of the technology company’s stock valued at $901,613,000 after purchasing an additional 137,691 shares in the last quarter. State Street Corp increased its stake in SS&C Technologies by 2.1% in the 4th quarter. State Street Corp now owns 6,064,115 shares of the technology company’s stock valued at $530,125,000 after buying an additional 125,580 shares during the last quarter. Bank of Montreal Can increased its stake in SS&C Technologies by 4,424.6% in the 4th quarter. Bank of Montreal Can now owns 5,126,190 shares of the technology company’s stock valued at $448,132,000 after buying an additional 5,012,893 shares during the last quarter. Finally, Swedbank AB lifted its position in SS&C Technologies by 15.0% during the 1st quarter. Swedbank AB now owns 4,307,795 shares of the technology company’s stock worth $291,078,000 after buying an additional 563,196 shares in the last quarter. 96.90% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on SSNC shares. DA Davidson reissued a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a research report on Monday, July 27th. Royal Bank Of Canada upped their price objective on SS&C Technologies from $89.00 to $92.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. JPMorgan Chase & Co. cut their price objective on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating for the company in a report on Monday, July 20th. UBS Group raised their target price on shares of SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Finally, Morgan Stanley lowered their target price on shares of SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. One equities 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’s stock. Based on data from MarketBeat.com, SS&C Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $93.25.

SS&C Technologies Price Performance

NASDAQ:SSNC opened at $79.23 on Monday. SS&C Technologies Holdings, Inc. has a 12-month low of $61.40 and a 12-month high of $91.07. The firm has a market capitalization of $18.59 billion, a price-to-earnings ratio of 22.77 and a beta of 1.07. The stock’s 50 day moving average price is $69.30 and its two-hundred day moving average price is $70.94. 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 (NASDAQ:SSNC) last issued its earnings results on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the previous year, the company posted $1.45 EPS. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. 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. On average, analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.28 earnings per share for the current year.

SS&C Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Monday, June 1st. SS&C Technologies’s dividend payout ratio (DPR) is currently 31.03%.

Insider Activity

In related news, Director Jonathan E. Michael sold 2,740 shares of SS&C Technologies stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total transaction of $183,196.40. Following the completion of the sale, 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 position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Michael Jay Zamkow sold 3,000 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $66.68, for a total transaction 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. This represents a 14.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 8,740 shares of company stock valued at $583,576 in the last ninety days. 16.00% of the stock is currently owned by insiders.

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.