Hsbc Holdings PLC Purchases 41,464 Shares of SS&C Technologies Holdings, Inc. $SSNC

Hsbc Holdings PLC raised its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 31.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 172,489 shares of the technology company’s stock after purchasing an additional 41,464 shares during the quarter. Hsbc Holdings PLC owned 0.07% of SS&C Technologies worth $14,256,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in SSNC. Vanguard Group Inc. boosted its position in SS&C Technologies by 0.8% during the 2nd quarter. Vanguard Group Inc. now owns 20,567,287 shares of the technology company’s stock worth $1,702,971,000 after buying an additional 165,821 shares during the period. Pzena Investment Management LLC increased its holdings in SS&C Technologies by 0.4% in the second quarter. Pzena Investment Management LLC now owns 10,460,579 shares of the technology company’s stock valued at $866,136,000 after purchasing an additional 37,134 shares during the period. Burgundy Asset Management Ltd. raised its position in SS&C Technologies by 3.6% during the 1st quarter. Burgundy Asset Management Ltd. now owns 5,186,307 shares of the technology company’s stock worth $433,212,000 after purchasing an additional 182,200 shares during the last quarter. Geode Capital Management LLC lifted its holdings in SS&C Technologies by 0.4% during the 2nd quarter. Geode Capital Management LLC now owns 3,715,723 shares of the technology company’s stock worth $306,639,000 after buying an additional 14,789 shares during the period. Finally, Swedbank AB grew its position in shares of SS&C Technologies by 72.0% in the 2nd quarter. Swedbank AB now owns 3,419,654 shares of the technology company’s stock valued at $283,147,000 after buying an additional 1,431,620 shares during the last quarter. 96.90% of the stock is owned by institutional investors and hedge funds.

Insider Activity at SS&C Technologies

In other SS&C Technologies news, Director Normand A. Boulanger sold 150,000 shares of SS&C Technologies stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $85.85, for a total transaction of $12,877,500.00. Following the completion of the transaction, the director owned 386,924 shares in the company, valued at approximately $33,217,425.40. The trade was a 27.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 16.40% of the stock is currently owned by insiders.

SS&C Technologies Stock Down 0.7%

SSNC stock opened at $85.55 on Wednesday. The stock’s 50 day simple moving average is $84.59 and its 200 day simple moving average is $84.47. The company has a market cap of $20.88 billion, a P/E ratio of 25.39 and a beta of 1.24. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.14 and a current ratio of 1.14. SS&C Technologies Holdings, Inc. has a fifty-two week low of $69.61 and a fifty-two week high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings data on Thursday, October 23rd. The technology company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.47 by $0.10. SS&C Technologies had a return on equity of 19.92% and a net margin of 13.86%.The firm had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.55 billion. During the same quarter in the previous year, the company posted $1.29 earnings per share. The company’s quarterly revenue was up 7.0% on a year-over-year basis. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS and its FY 2025 guidance at 6.020-6.080 EPS. On average, research analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Monday, December 1st. SS&C Technologies’s dividend payout ratio (DPR) is currently 32.05%.

Analyst Ratings Changes

Several analysts recently commented on SSNC shares. Royal Bank Of Canada upped their target price on SS&C Technologies from $97.00 to $99.00 and gave the company an “outperform” rating in a report on Friday, October 24th. DA Davidson set a $102.00 price target on shares of SS&C Technologies in a research report on Friday, October 24th. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. Morgan Stanley boosted their price objective on SS&C Technologies from $88.00 to $92.00 and gave the company an “equal weight” rating in a research note on Friday, October 24th. Finally, Needham & Company LLC lifted their target price on SS&C Technologies from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $101.75.

SS&C Technologies Company Profile

SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.