SS&C Technologies Holdings, Inc. $SSNC Shares Sold by Citigroup Inc.

Citigroup Inc. reduced its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 54.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 384,009 shares of the technology company’s stock after selling 457,737 shares during the period. Citigroup Inc. owned approximately 0.16% of SS&C Technologies worth $34,085,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in SSNC. Caldwell Trust Co purchased a new stake in SS&C Technologies during the 2nd quarter valued at about $27,000. Quent Capital LLC acquired a new stake in shares of SS&C Technologies during the third quarter worth about $39,000. Cornerstone Planning Group LLC increased its holdings in SS&C Technologies by 1,890.9% in the 3rd quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock worth $39,000 after buying an additional 416 shares during the period. Osterweis Capital Management Inc. acquired a new position in SS&C Technologies in the 2nd quarter worth approximately $40,000. Finally, Root Financial Partners LLC purchased a new position in SS&C Technologies during the 3rd quarter worth approximately $42,000. 96.90% of the stock is owned by institutional investors and hedge funds.

SS&C Technologies Stock Performance

NASDAQ:SSNC opened at $70.37 on Wednesday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.12 and a current ratio of 1.12. The stock has a market capitalization of $17.17 billion, a PE ratio of 22.27 and a beta of 1.17. SS&C Technologies Holdings, Inc. has a fifty-two week low of $69.00 and a fifty-two week high of $91.07. The company has a fifty day moving average of $82.22 and a two-hundred day moving average of $84.79.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings results on Thursday, February 5th. The technology company reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.07. The firm had revenue of $1.65 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.58 EPS. 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. As a group, research analysts forecast that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

The company 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. This represents a $1.08 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, March 2nd. SS&C Technologies’s dividend payout ratio (DPR) is 34.18%.

Analysts Set New Price Targets

Several research firms have recently commented on SSNC. Weiss Ratings reaffirmed a “buy (b)” rating on shares of SS&C Technologies in a report on Thursday, January 22nd. Needham & Company LLC cut their price target on SS&C Technologies from $105.00 to $95.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. Raymond James Financial reissued a “strong-buy” rating on shares of SS&C Technologies in a report on Wednesday, January 21st. DA Davidson restated a “buy” rating and issued a $106.00 target price on shares of SS&C Technologies in a research note on Friday, February 6th. Finally, Jefferies Financial Group raised 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. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the company. Based on 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.