Generali Asset Management SPA SGR Acquires Shares of 11,482 SS&C Technologies Holdings, Inc. $SSNC

Generali Asset Management SPA SGR bought a new position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,482 shares of the technology company’s stock, valued at approximately $1,019,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its holdings 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 last quarter. DNB Asset Management AS raised its position in shares of SS&C Technologies by 7.3% during the 2nd quarter. DNB Asset Management AS now owns 48,102 shares of the technology company’s stock valued at $3,983,000 after acquiring an additional 3,269 shares in the last quarter. North Star Asset Management Inc. raised its position in shares of SS&C Technologies by 1.0% during the 2nd quarter. North Star Asset Management Inc. now owns 611,438 shares of the technology company’s stock valued at $50,627,000 after acquiring an additional 6,199 shares in the last quarter. Eaton Financial Holdings Company LLC bought a new position in SS&C Technologies during the second quarter worth $2,828,000. Finally, JPMorgan Chase & Co. boosted its holdings in SS&C Technologies by 8.0% in the second quarter. JPMorgan Chase & Co. now owns 412,791 shares of the technology company’s stock worth $34,179,000 after purchasing an additional 30,449 shares during the period. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at SS&C Technologies

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

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Jefferies Financial Group increased their target price on shares of SS&C Technologies from $98.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, October 28th. UBS Group increased their price objective on shares of SS&C Technologies from $110.00 to $112.00 and gave the stock a “buy” rating in a research note on Friday, October 24th. DA Davidson set a $102.00 target price on shares of SS&C Technologies in a report on Friday, October 24th. Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. Finally, Royal Bank Of Canada increased their price target on SS&C Technologies from $97.00 to $99.00 and gave the stock an “outperform” rating in a research report on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $101.75.

SS&C Technologies Trading Down 1.9%

SS&C Technologies stock opened at $85.75 on Monday. SS&C Technologies Holdings, Inc. has a 52-week low of $69.61 and a 52-week high of $91.07. 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 firm has a market capitalization of $20.93 billion, a price-to-earnings ratio of 25.45 and a beta of 1.19. The firm has a 50-day moving average price of $85.95 and a two-hundred day moving average price of $85.66.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings results on Thursday, October 23rd. The technology company reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.10. SS&C Technologies had a return on equity of 19.80% and a net margin of 13.86%.The company had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.55 billion. During the same quarter in the previous year, the company posted $1.29 earnings per share. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. 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. Sell-side analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.

SS&C Technologies Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders 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 dividend yield of 1.3%. SS&C Technologies’s dividend payout ratio is presently 32.05%.

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.