Benson Investment Management Company Inc. Buys 8,650 Shares of SS&C Technologies Holdings, Inc. $SSNC

Benson Investment Management Company Inc. lifted its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 14.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,782 shares of the technology company’s stock after purchasing an additional 8,650 shares during the quarter. SS&C Technologies accounts for 2.1% of Benson Investment Management Company Inc.’s portfolio, making the stock its 24th largest position. Benson Investment Management Company Inc.’s holdings in SS&C Technologies were worth $6,013,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SSNC. State Street Corp boosted its stake in SS&C Technologies by 2.0% in the 3rd quarter. State Street Corp now owns 5,938,535 shares of the technology company’s stock worth $527,104,000 after purchasing an additional 117,983 shares during the period. Swedbank AB grew its stake in shares of SS&C Technologies by 8.5% during the 3rd quarter. Swedbank AB now owns 3,710,333 shares of the technology company’s stock worth $329,329,000 after acquiring an additional 290,679 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of SS&C Technologies by 1.7% in the third quarter. Dimensional Fund Advisors LP now owns 2,979,431 shares of the technology company’s stock valued at $264,435,000 after acquiring an additional 50,757 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its stake in shares of SS&C Technologies by 14.4% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 2,014,370 shares of the technology company’s stock worth $176,096,000 after purchasing an additional 253,731 shares in the last quarter. Finally, Snyder Capital Management L P raised its position in SS&C Technologies by 16.9% during the third quarter. Snyder Capital Management L P now owns 1,897,892 shares of the technology company’s stock worth $168,457,000 after acquiring an additional 274,748 shares in the last quarter. Institutional investors own 96.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on SSNC. Weiss Ratings lowered SS&C Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, April 7th. DA Davidson reduced their target price on shares of SS&C Technologies from $106.00 to $96.00 and set a “buy” rating for the company in a research report on Friday. Needham & Company LLC reduced 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. Wall Street Zen upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of SS&C Technologies in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.75.

SS&C Technologies Stock Performance

NASDAQ SSNC opened at $72.11 on Friday. The company has a market capitalization of $17.36 billion, a PE ratio of 22.82 and a beta of 1.19. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.07 and a current ratio of 1.07. SS&C Technologies Holdings, Inc. has a 52-week low of $65.05 and a 52-week high of $91.07. The company has a 50-day simple moving average of $71.30 and a 200 day simple moving average of $80.26.

SS&C Technologies (NASDAQ:SSNC) last released its earnings results 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 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 was up 8.1% compared to the same quarter last year. During the same period 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, research analysts predict that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.27 per share. 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 1.5%. SS&C Technologies’s payout ratio is presently 34.18%.

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.