SS&C Technologies Holdings, Inc. $SSNC Shares Acquired by Benjamin Edwards Inc.

Benjamin Edwards Inc. increased its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 9.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 84,601 shares of the technology company’s stock after purchasing an additional 7,626 shares during the period. Benjamin Edwards Inc.’s holdings in SS&C Technologies were worth $7,509,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. AlphaCore Capital LLC raised its holdings in shares of SS&C Technologies by 3.4% during the 2nd quarter. AlphaCore Capital LLC now owns 3,671 shares of the technology company’s stock valued at $304,000 after buying an additional 120 shares during the period. IFM Investors Pty Ltd boosted its holdings in SS&C Technologies by 0.3% in the 2nd quarter. IFM Investors Pty Ltd now owns 43,256 shares of the technology company’s stock worth $3,582,000 after acquiring an additional 130 shares during the period. Whalen Wealth Management Inc. grew its position in SS&C Technologies by 4.2% in the third quarter. Whalen Wealth Management Inc. now owns 3,242 shares of the technology company’s stock valued at $288,000 after acquiring an additional 130 shares in the last quarter. AXA S.A. grew its position in SS&C Technologies by 1.4% in the second quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock valued at $776,000 after acquiring an additional 130 shares in the last quarter. Finally, Penserra Capital Management LLC raised its stake in shares of SS&C Technologies by 12.7% during the second quarter. Penserra Capital Management LLC now owns 1,164 shares of the technology company’s stock valued at $96,000 after purchasing an additional 131 shares during the period. 96.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

SSNC has been the subject of several analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of SS&C Technologies in a research note on Wednesday, October 8th. Raymond James Financial boosted their price objective on shares of SS&C Technologies from $101.00 to $105.00 and gave the stock a “strong-buy” rating in a report on Friday, October 24th. Needham & Company LLC upped their price objective on shares of SS&C Technologies from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, October 24th. Jefferies Financial Group lifted their target price on SS&C Technologies from $98.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Finally, DA Davidson set a $102.00 price target on SS&C Technologies in a research note on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $101.75.

SS&C Technologies Price Performance

Shares of SSNC stock opened at $88.93 on Friday. The firm has a fifty day moving average of $86.28 and a two-hundred day moving average of $85.83. The firm has a market cap of $21.70 billion, a P/E ratio of 26.39 and a beta of 1.19. SS&C Technologies Holdings, Inc. has a 1-year low of $69.61 and a 1-year high of $91.07. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.12 and a quick ratio of 1.12.

SS&C Technologies (NASDAQ:SSNC) last issued its earnings results on Thursday, October 23rd. The technology company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.10. The business had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.55 billion. SS&C Technologies had a net margin of 13.86% and a return on equity of 19.80%. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.29 EPS. 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, research analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share 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. Stockholders of record on Monday, December 1st were given a $0.27 dividend. The ex-dividend date was Monday, December 1st. This represents a $1.08 annualized dividend and a dividend yield of 1.2%. SS&C Technologies’s dividend payout ratio (DPR) is presently 32.05%.

Insider Activity at SS&C Technologies

In other news, Director Normand A. Boulanger sold 150,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $85.85, for a total value of $12,877,500.00. Following the completion of the sale, the director directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 16.40% of the company’s stock.

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.