SG Americas Securities LLC Boosts Stock Holdings in SS&C Technologies Holdings, Inc. $SSNC

SG Americas Securities LLC grew its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 244.3% in the 1st quarter, HoldingsChannel reports. The firm owned 145,503 shares of the technology company’s stock after buying an additional 103,242 shares during the quarter. SG Americas Securities LLC’s holdings in SS&C Technologies were worth $9,832,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Havemeyer Place LP purchased a new position in SS&C Technologies during the fourth quarter valued at approximately $26,000. EFG International AG purchased a new stake in SS&C Technologies during the fourth quarter worth $29,000. V Square Quantitative Management LLC bought a new stake in SS&C Technologies during the 4th quarter valued at $37,000. Osterweis Capital Management Inc. purchased a new position in shares of SS&C Technologies in the 2nd quarter valued at $40,000. Finally, Fifth Third Bancorp lifted its stake in shares of SS&C Technologies by 216.4% during the 4th quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after purchasing an additional 329 shares during the last quarter. 96.90% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Jonathan E. Michael sold 2,740 shares of the company’s stock in a transaction 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 directly owned 79,384 shares of the company’s stock, valued at $5,307,614.24. This represents a 3.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Michael Jay Zamkow sold 3,000 shares of the firm’s stock in a transaction 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 owned 18,404 shares of the company’s stock, valued at $1,227,178.72. This trade represents a 14.02% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 8,740 shares of company stock valued at $583,576. Corporate insiders own 16.00% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Needham & Company LLC cut their target price 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. Jefferies Financial Group lowered 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 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 research report on Friday, May 8th. Wall Street Zen upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Finally, Morgan Stanley decreased their target price on shares of SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a research report on Friday, April 24th. One equities research 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, the stock presently has an average rating of “Moderate Buy” and an average price target of $96.12.

SS&C Technologies Price Performance

Shares of NASDAQ SSNC opened at $63.66 on Friday. SS&C Technologies Holdings, Inc. has a fifty-two week low of $62.99 and a fifty-two week high of $91.07. The company has a market cap of $15.33 billion, a PE ratio of 19.71 and a beta of 1.09. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.10 and a current ratio of 1.10. The business has a 50-day simple moving average of $67.72 and a two-hundred day simple moving average of $74.54.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings data on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.04. The firm had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.63 billion. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.44 earnings per share. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. As a group, equities analysts expect that SS&C Technologies Holdings, Inc. will post 6.17 EPS for the current fiscal year.

SS&C Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a $0.27 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.7%. SS&C Technologies’s dividend payout ratio (DPR) is currently 33.44%.

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.