Fisher Asset Management LLC Has $10.09 Million Stake in SS&C Technologies Holdings, Inc. $SSNC

Fisher Asset Management LLC increased its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) by 18.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 113,630 shares of the technology company’s stock after purchasing an additional 17,923 shares during the period. Fisher Asset Management LLC’s holdings in SS&C Technologies were worth $10,086,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in SSNC. Quantbot Technologies LP bought a new position in SS&C Technologies during the 3rd quarter worth $474,000. Argent Trust Co grew its stake in shares of SS&C Technologies by 0.8% in the third quarter. Argent Trust Co now owns 15,914 shares of the technology company’s stock valued at $1,413,000 after acquiring an additional 126 shares in the last quarter. Handelsbanken Fonder AB increased its position in SS&C Technologies by 15.3% during the third quarter. Handelsbanken Fonder AB now owns 86,029 shares of the technology company’s stock worth $7,636,000 after acquiring an additional 11,440 shares during the period. Xponance Inc. raised its stake in SS&C Technologies by 5.7% in the 3rd quarter. Xponance Inc. now owns 27,277 shares of the technology company’s stock worth $2,421,000 after purchasing an additional 1,460 shares in the last quarter. Finally, Choreo LLC boosted its holdings in SS&C Technologies by 2.0% in the 3rd quarter. Choreo LLC now owns 23,268 shares of the technology company’s stock valued at $2,065,000 after purchasing an additional 466 shares during the period. 96.90% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on SSNC. DA Davidson restated a “buy” rating and set a $106.00 target price on shares of SS&C Technologies in a research report on Friday, February 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of SS&C Technologies in a research note on Thursday, January 22nd. Raymond James Financial restated a “strong-buy” rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. Finally, Needham & Company LLC dropped their price objective on SS&C Technologies from $105.00 to $95.00 and set a “buy” rating for the company in a report on Friday, February 6th. 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. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $101.00.

View Our Latest Analysis on SSNC

SS&C Technologies Trading Up 0.6%

Shares of SSNC stock opened at $75.20 on Thursday. SS&C Technologies Holdings, Inc. has a fifty-two week low of $69.00 and a fifty-two week high of $91.07. The stock’s fifty day moving average price is $80.62 and its two-hundred day moving average price is $84.30. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.07 and a current ratio of 1.07. The company has a market cap of $18.16 billion, a PE ratio of 23.80 and a beta of 1.18.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last announced its quarterly earnings data 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. 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 period in the prior year, the company earned $1.58 EPS. SS&C Technologies’s revenue for the quarter was up 8.1% on a year-over-year basis. 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. Equities analysts predict that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.

SS&C Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.08 annualized dividend and a dividend yield of 1.4%. SS&C Technologies’s payout ratio is 34.18%.

SS&C Technologies Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for SS&C Technologies (NASDAQ:SSNC)

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