SS&C Technologies Holdings, Inc. $SSNC Shares Sold by Reinhart Partners LLC.

Reinhart Partners LLC. decreased its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Free Report) by 16.8% during the third quarter, according to its most recent filing with the SEC. The firm owned 70,082 shares of the technology company’s stock after selling 14,188 shares during the period. Reinhart Partners LLC.’s holdings in SS&C Technologies were worth $5,401,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SSNC. BlackRock Inc. bought a new position in shares of SS&C Technologies during the second quarter valued at approximately $1,043,987,000. Pzena Investment Management LLC purchased a new position in SS&C Technologies during the second quarter valued at approximately $684,819,000. Swedbank AB raised its stake in SS&C Technologies by 15.0% in the first 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. Dimensional Fund Advisors LP lifted its holdings in SS&C Technologies by 2.0% during the first quarter. Dimensional Fund Advisors LP now owns 3,115,616 shares of the technology company’s stock worth $210,508,000 after buying an additional 60,089 shares during the period. Finally, Jupiter Topco LLC purchased a new stake in SS&C Technologies during the second quarter worth $178,337,000. Institutional investors own 96.90% of the company’s stock.

Wall Street Analysts Forecast Growth

SSNC has been the topic of a number of analyst reports. BWS Financial reiterated a “buy” rating on shares of SS&C Technologies in a report on Wednesday, September 9th. DA Davidson reaffirmed a “buy” rating and set a $96.00 price objective on shares of SS&C Technologies in a research report on Monday, July 27th. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 target price on shares of SS&C Technologies in a research note on Friday, July 24th. UBS Group reiterated a “buy” rating and issued a $101.00 target price on shares of SS&C Technologies in a report on Wednesday, September 9th. Finally, Royal Bank Of Canada increased their price target on shares of SS&C Technologies from $92.00 to $101.00 and gave the company an “outperform” rating in a research report on Monday, August 31st. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $92.62.

Check Out Our Latest Analysis on SSNC

SS&C Technologies Stock Performance

Shares of SSNC stock opened at $81.03 on Friday. SS&C Technologies Holdings, Inc. has a 12-month low of $61.40 and a 12-month high of $89.93. The business’s fifty day simple moving average is $80.62 and its 200-day simple moving average is $72.54. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. The company has a market cap of $19.01 billion, a PE ratio of 23.28 and a beta of 1.09.

SS&C Technologies (NASDAQ:SSNC – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 earnings per share for the quarter, topping 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 firm had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter last year, the firm earned $1.45 EPS. The business’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. Analysts expect that SS&C Technologies Holdings, Inc. will post 6.26 earnings per share for the current fiscal year.

SS&C Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a $0.30 dividend. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.27. This represents a $1.20 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Tuesday, September 1st. SS&C Technologies’s dividend payout ratio is 34.48%.

SS&C Technologies Profile

(Free Report)

SS&C Technologies Holdings, Inc is a global provider of software and technology-enabled services for the financial services and healthcare industries. The company’s platforms support investment management, fund administration, portfolio accounting, trading, wealth management, and financial reporting.

SS&C also provides services and software for healthcare organizations, including revenue cycle management, claims processing, and related administrative functions. Its products are used by asset managers, hedge funds, private equity firms, insurance companies, banks, financial advisors, and healthcare providers.

Founded in 1986 by William C.

Further Reading

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Institutional Ownership by Quarter for SS&C Technologies (NASDAQ:SSNC)

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