Beacon Financial Group Takes Position in SS&C Technologies Holdings, Inc. $SSNC

Beacon Financial Group purchased a new position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 6,500 shares of the technology company’s stock, valued at approximately $577,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SSNC. AlphaCore Capital LLC lifted its holdings in SS&C Technologies by 3.4% during the second quarter. AlphaCore Capital LLC now owns 3,671 shares of the technology company’s stock valued at $304,000 after purchasing an additional 120 shares during the last quarter. IFM Investors Pty Ltd raised its position in shares of SS&C Technologies by 0.3% in the second quarter. IFM Investors Pty Ltd now owns 43,256 shares of the technology company’s stock valued at $3,582,000 after purchasing an additional 130 shares during the period. AXA S.A. lifted its stake in shares of SS&C Technologies by 1.4% during the 2nd quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock valued at $776,000 after buying an additional 130 shares in the last quarter. Penserra Capital Management LLC boosted its holdings in SS&C Technologies by 12.7% in the 2nd quarter. Penserra Capital Management LLC now owns 1,164 shares of the technology company’s stock worth $96,000 after buying an additional 131 shares during the period. Finally, M&T Bank Corp grew its stake in SS&C Technologies by 2.1% in the 2nd quarter. M&T Bank Corp now owns 6,632 shares of the technology company’s stock valued at $549,000 after buying an additional 138 shares in the last quarter. 96.90% of the stock is currently owned by institutional investors.

SS&C Technologies Stock Performance

NASDAQ:SSNC opened at $87.64 on Friday. The stock has a market cap of $21.39 billion, a P/E ratio of 26.01 and a beta of 1.20. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.94. The business’s 50-day moving average price is $84.47 and its two-hundred day moving average price is $84.98. SS&C Technologies Holdings, Inc. has a twelve month low of $69.61 and a twelve month high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings data on Thursday, October 23rd. The technology company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.47 by $0.10. The company had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.55 billion. SS&C Technologies had a return on equity of 19.80% and a net margin of 13.86%.SS&C Technologies’s revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.29 earnings per share. 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. As a group, equities analysts predict that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.

SS&C Technologies Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were paid a $0.27 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $1.08 annualized dividend and a yield of 1.2%. SS&C Technologies’s dividend payout ratio is currently 32.05%.

Insider Activity

In related news, Director Normand A. Boulanger sold 150,000 shares of the business’s 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 transaction, the director owned 386,924 shares in the company, valued at $33,217,425.40. The trade was a 27.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 16.40% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have issued reports on SSNC shares. Weiss Ratings restated a “buy (b)” rating on shares of SS&C Technologies in a research report on Wednesday, October 8th. Needham & Company LLC increased their price objective on SS&C Technologies from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, October 24th. Royal Bank Of Canada lifted 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 report on Friday, October 24th. Finally, Morgan Stanley boosted their price objective on shares of 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. One equities research 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 an average rating of “Moderate Buy” and an average target price 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.