Aberdeen Group plc Grows Stake in SS&C Technologies Holdings, Inc. $SSNC

Aberdeen Group plc raised its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 39.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 140,953 shares of the technology company’s stock after buying an additional 39,611 shares during the quarter. Aberdeen Group plc owned about 0.06% of SS&C Technologies worth $12,511,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of SSNC. Caldwell Trust Co acquired a new position in shares of SS&C Technologies in the 2nd quarter valued at $27,000. Cornerstone Planning Group LLC increased its holdings in shares of SS&C Technologies by 1,890.9% in the third quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock valued at $39,000 after purchasing an additional 416 shares during the period. Quent Capital LLC purchased a new position in shares of SS&C Technologies in the third quarter worth about $39,000. Root Financial Partners LLC acquired a new stake in shares of SS&C Technologies during the third quarter worth about $42,000. Finally, Osterweis Capital Management Inc. purchased a new stake in SS&C Technologies in the second quarter valued at approximately $40,000. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of SS&C Technologies in a report on Thursday, January 22nd. Jefferies Financial Group upped their target price on SS&C Technologies from $98.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. DA Davidson reaffirmed a “buy” rating and set a $106.00 target price on shares of SS&C Technologies in a report on Friday, February 6th. Morgan Stanley boosted their price target on SS&C Technologies from $88.00 to $92.00 and gave the company an “equal weight” rating in a report on Friday, October 24th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $101.00.

Insider Activity

In other SS&C Technologies news, Director Normand A. Boulanger sold 150,000 shares of the company’s stock in a transaction dated 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 owned 386,924 shares in the company, valued at approximately $33,217,425.40. This represents a 27.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 16.40% of the stock is currently owned by insiders.

SS&C Technologies Price Performance

Shares of SS&C Technologies stock opened at $71.37 on Friday. The business’s 50-day moving average price is $83.20 and its 200-day moving average price is $85.13. The firm has a market capitalization of $17.42 billion, a PE ratio of 22.59 and a beta of 1.17. SS&C Technologies Holdings, Inc. has a 12 month low of $69.61 and a 12 month high of $91.07. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.94.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings results on Thursday, February 5th. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.62 by $0.07. The business had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.62 billion. SS&C Technologies had a net margin of 12.70% and a return on equity of 19.60%. The company’s revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.58 earnings per share. 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. Sell-side analysts forecast that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.

SS&C Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be given a $0.27 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.5%. SS&C Technologies’s dividend payout ratio is currently 34.18%.

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.