SS&C Technologies Holdings, Inc. $SSNC Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) by 1.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,979,431 shares of the technology company’s stock after buying an additional 50,757 shares during the quarter. Dimensional Fund Advisors LP owned 1.22% of SS&C Technologies worth $264,435,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. AlphaCore Capital LLC raised its holdings in SS&C Technologies by 3.4% in the second quarter. AlphaCore Capital LLC now owns 3,671 shares of the technology company’s stock valued at $304,000 after acquiring an additional 120 shares in the last quarter. Argent Trust Co boosted its stake in SS&C Technologies by 0.8% during the 3rd 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 during the last quarter. Whalen Wealth Management Inc. grew its holdings in SS&C Technologies by 4.2% during the 3rd quarter. Whalen Wealth Management Inc. now owns 3,242 shares of the technology company’s stock worth $288,000 after acquiring an additional 130 shares in the last quarter. J.Safra Asset Management Corp grew its holdings in SS&C Technologies by 3.6% during the 3rd quarter. J.Safra Asset Management Corp now owns 3,750 shares of the technology company’s stock worth $333,000 after acquiring an additional 130 shares in the last quarter. Finally, AXA S.A. increased its position in shares of SS&C Technologies by 1.4% in the 2nd quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock worth $776,000 after purchasing an additional 130 shares during the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on SSNC. Needham & Company LLC cut their target price on shares of SS&C Technologies from $105.00 to $95.00 and set a “buy” rating on the stock in a research note 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. DA Davidson reissued a “buy” rating and issued a $106.00 price objective on shares of SS&C Technologies in a report on Friday, February 6th. Finally, Raymond James Financial restated 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, SS&C Technologies presently has an average rating of “Moderate Buy” and an average price target of $101.00.

Get Our Latest Analysis on SSNC

SS&C Technologies Trading Up 0.4%

SS&C Technologies stock opened at $75.79 on Friday. SS&C Technologies Holdings, Inc. has a 1 year low of $69.00 and a 1 year high of $91.07. The firm’s 50-day moving average is $80.07 and its 200-day moving average is $84.16. 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 $18.30 billion, a P/E ratio of 23.98 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, beating analysts’ consensus estimates of $1.62 by $0.07. The business 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% compared to the same quarter last year. 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. On average, equities analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.

SS&C Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders 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 dividend 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.

Further Reading

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

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