Anchor Capital Advisors LLC Has $36.20 Million Holdings in SS&C Technologies Holdings, Inc. $SSNC

Anchor Capital Advisors LLC decreased its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 2.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 407,864 shares of the technology company’s stock after selling 11,724 shares during the quarter. Anchor Capital Advisors LLC owned about 0.17% of SS&C Technologies worth $36,202,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Davis Capital Management acquired a new stake in SS&C Technologies in the third quarter worth $1,064,000. North Star Asset Management Inc. raised its holdings in shares of SS&C Technologies by 1.0% during the second quarter. North Star Asset Management Inc. now owns 611,438 shares of the technology company’s stock valued at $50,627,000 after purchasing an additional 6,199 shares during the period. Vanguard Group Inc. boosted its position in shares of 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 purchasing an additional 165,821 shares in the last quarter. DNB Asset Management AS boosted 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 worth $3,983,000 after purchasing an additional 3,269 shares in the last quarter. Finally, Eaton Financial Holdings Company LLC acquired a new stake in shares of SS&C Technologies in the 2nd quarter valued at about $2,828,000. 96.90% of the stock is owned by institutional investors.

SS&C Technologies Price Performance

Shares of NASDAQ:SSNC opened at $84.24 on Wednesday. SS&C Technologies Holdings, Inc. has a fifty-two week low of $69.61 and a fifty-two week high of $91.07. The company’s 50-day moving average is $86.40 and its 200 day moving average is $86.08. The company has a market capitalization of $20.56 billion, a P/E ratio of 25.00 and a beta of 1.19. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.12 and a current ratio of 1.12.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings results on Thursday, October 23rd. The technology company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.10. SS&C Technologies had a net margin of 13.86% and a return on equity of 19.80%. The company had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.55 billion. During the same quarter last year, the business posted $1.29 EPS. SS&C Technologies’s quarterly revenue 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. On average, equities research analysts forecast 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 given 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 payout ratio is 32.05%.

Insider Transactions at SS&C Technologies

In other SS&C Technologies news, Director Normand A. Boulanger sold 150,000 shares of the stock in a transaction on 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 sale, the director owned 386,924 shares in the company, valued at $33,217,425.40. This represents a 27.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 16.40% of the stock is owned by insiders.

Analyst Ratings Changes

SSNC has been the topic of a number of research reports. Needham & Company LLC upped their price target on SS&C Technologies from $100.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday, October 24th. Royal Bank Of Canada raised their price objective on SS&C Technologies from $97.00 to $99.00 and gave the company an “outperform” rating in a research note on Friday, October 24th. DA Davidson set a $102.00 target price on SS&C Technologies in a research report on Friday, October 24th. Jefferies Financial Group increased their target price on SS&C Technologies from $98.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Finally, Raymond James Financial lifted their price target on shares of SS&C Technologies from $101.00 to $105.00 and gave the company a “strong-buy” rating in a research report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, SS&C Technologies has an average rating of “Moderate Buy” and an average target price of $101.75.

SS&C Technologies Profile

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.