SS&C Technologies Holdings, Inc. $SSNC Shares Purchased by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. raised its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 245.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 46,397 shares of the technology company’s stock after buying an additional 32,963 shares during the period. Assenagon Asset Management S.A.’s holdings in SS&C Technologies were worth $4,056,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. National Pension Service grew its holdings in shares of SS&C Technologies by 27.2% during the third quarter. National Pension Service now owns 186,824 shares of the technology company’s stock worth $16,582,000 after buying an additional 39,984 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of SS&C Technologies by 3.0% in the third quarter. Envestnet Asset Management Inc. now owns 767,765 shares of the technology company’s stock worth $68,147,000 after buying an additional 22,547 shares in the last quarter. Cibc World Market Inc. purchased a new position in shares of SS&C Technologies in the third quarter worth about $1,414,000. Davis Capital Management acquired a new position in SS&C Technologies during the third quarter worth about $1,064,000. Finally, St. James Investment Company LLC acquired a new position in SS&C Technologies during the third quarter worth about $19,485,000. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on SSNC shares. Weiss Ratings restated a “buy (b)” rating on shares of SS&C Technologies in a research report on Thursday, January 22nd. Needham & Company LLC reduced their price objective 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 restated a “strong-buy” rating on shares of SS&C Technologies in a report on Wednesday, January 21st. DA Davidson reaffirmed 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, Wall Street Zen lowered SS&C Technologies from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. One investment 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, the stock currently has an average rating of “Moderate Buy” and an average price target of $101.00.

SS&C Technologies Stock Performance

Shares of SS&C Technologies stock opened at $65.42 on Monday. The stock has a 50 day moving average of $75.15 and a 200 day moving average of $82.21. 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 firm has a market capitalization of $15.80 billion, a price-to-earnings ratio of 20.70 and a beta of 1.18. SS&C Technologies Holdings, Inc. has a fifty-two week low of $65.05 and a fifty-two week high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last posted its earnings results on Thursday, February 5th. The technology company reported $1.69 EPS for the quarter, beating analysts’ consensus estimates of $1.62 by $0.07. The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.62 billion. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The company’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. As a group, research analysts predict 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 was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were given a $0.27 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.08 dividend on an annualized basis and a yield of 1.7%. SS&C Technologies’s dividend payout ratio is presently 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.