Allianz Asset Management GmbH Sells 30,030 Shares of SS&C Technologies Holdings, Inc. $SSNC

Allianz Asset Management GmbH cut its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 76.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,145 shares of the technology company’s stock after selling 30,030 shares during the period. Allianz Asset Management GmbH’s holdings in SS&C Technologies were worth $812,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of SS&C Technologies in the second quarter valued at about $221,558,000. Sunriver Management LLC bought a new stake in SS&C Technologies in the 2nd quarter worth about $40,104,000. Seizert Capital Partners LLC purchased a new stake in SS&C Technologies in the 2nd quarter valued at about $31,501,000. Swedbank AB lifted its position in shares of SS&C Technologies by 8.5% during the 3rd quarter. Swedbank AB now owns 3,710,333 shares of the technology company’s stock worth $329,329,000 after buying an additional 290,679 shares in the last quarter. Finally, Treasurer of the State of North Carolina boosted its stake in shares of SS&C Technologies by 118.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 478,265 shares of the technology company’s stock worth $39,600,000 after buying an additional 258,878 shares during the last quarter. 96.90% of the stock is owned by hedge funds and other institutional investors.

SS&C Technologies Stock Performance

NASDAQ:SSNC opened at $72.09 on Friday. The business’s fifty day moving average is $84.37 and its 200 day moving average is $85.50. The firm has a market cap of $17.59 billion, a price-to-earnings ratio of 22.81 and a beta of 1.17. 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 Holdings, Inc. has a 52-week low of $69.61 and a 52-week high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last issued its earnings results on Thursday, February 5th. The technology company reported $1.69 EPS for the quarter, topping the consensus estimate of $1.62 by $0.07. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The business had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.62 billion. During the same quarter last year, the company earned $1.58 EPS. The firm’s revenue was up 8.1% compared to the same quarter last year. SS&C Technologies has set its Q1 2026 guidance at 1.620-1.680 EPS and its FY 2026 guidance at 6.700-7.020 EPS. Research analysts predict that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Monday, December 1st. SS&C Technologies’s dividend payout ratio is 34.18%.

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 that occurred on Tuesday, November 25th. The shares were sold at an average price of $85.85, for a total value of $12,877,500.00. Following the sale, the director directly owned 386,924 shares in the company, valued at $33,217,425.40. This represents a 27.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 16.40% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. UBS Group increased their price target on SS&C Technologies from $110.00 to $112.00 and gave the company a “buy” rating in a research report on Friday, October 24th. Jefferies Financial Group raised their target price on SS&C Technologies from $98.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, October 28th. DA Davidson reissued a “buy” rating and issued a $106.00 price target on shares of SS&C Technologies in a report on Friday, February 6th. Needham & Company LLC decreased their price objective on shares of SS&C Technologies from $105.00 to $95.00 and set a “buy” rating for the company in a report on Friday, February 6th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of SS&C Technologies in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, SS&C Technologies has an average rating of “Moderate Buy” and an average target price of $101.00.

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.