15,928 Shares in SS&C Technologies Holdings, Inc. $SSNC Bought by Cibc World Market Inc.

Cibc World Market Inc. purchased a new stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 15,928 shares of the technology company’s stock, valued at approximately $1,414,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Caldwell Trust Co bought a new stake in shares of SS&C Technologies in the second quarter worth $27,000. Cornerstone Planning Group LLC raised its holdings in SS&C Technologies by 1,890.9% during the third 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 last quarter. Quent Capital LLC acquired a new position in SS&C Technologies during the 3rd quarter valued at about $39,000. Root Financial Partners LLC bought a new position in SS&C Technologies during the 3rd quarter valued at $42,000. Finally, Osterweis Capital Management Inc. bought a new stake in SS&C Technologies in the 2nd quarter worth about $40,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

SS&C Technologies Stock Performance

Shares of SS&C Technologies stock opened at $72.09 on Tuesday. SS&C Technologies Holdings, Inc. has a 12 month low of $69.61 and a 12 month high of $91.07. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.94. The business has a fifty day simple moving average of $84.07 and a two-hundred day simple moving average of $85.41. The firm has a market capitalization of $17.59 billion, a P/E ratio of 22.81 and a beta of 1.17.

SS&C Technologies (NASDAQ:SSNC) last released its earnings results on Thursday, February 5th. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.62 by $0.07. SS&C Technologies had a net margin of 12.70% and a return on equity of 19.60%. The firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.62 billion. During the same period last year, the business earned $1.58 earnings per share. The business’s revenue 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. On average, equities analysts forecast that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Monday, December 1st. SS&C Technologies’s dividend payout ratio is presently 34.18%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on SSNC shares. Weiss Ratings reissued a “buy (b)” rating on shares of SS&C Technologies in a report on Thursday, January 22nd. 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 research note on Tuesday, October 28th. DA Davidson reiterated a “buy” rating and set a $106.00 price target on shares of SS&C Technologies in a research report on Friday, February 6th. Needham & Company LLC decreased their price target on shares of SS&C Technologies from $105.00 to $95.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of SS&C Technologies in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $101.00.

Insider Transactions at SS&C Technologies

In related news, Director Normand A. Boulanger sold 150,000 shares of the stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $85.85, for a total transaction of $12,877,500.00. Following the transaction, the director owned 386,924 shares in the company, valued at $33,217,425.40. This represents a 27.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 16.40% of the company’s stock.

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.