SS&C Technologies Holdings, Inc. $SSNC Shares Sold by Andra AP fonden

Andra AP fonden lessened its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 11.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 200,600 shares of the technology company’s stock after selling 25,600 shares during the quarter. Andra AP fonden owned about 0.08% of SS&C Technologies worth $17,805,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Millennium Management LLC increased its holdings in shares of SS&C Technologies by 349.1% in the 1st quarter. Millennium Management LLC now owns 176,630 shares of the technology company’s stock valued at $14,754,000 after acquiring an additional 137,301 shares during the period. NewEdge Advisors LLC boosted its stake in shares of SS&C Technologies by 6,069.0% during the first quarter. NewEdge Advisors LLC now owns 2,591 shares of the technology company’s stock worth $216,000 after buying an additional 2,549 shares during the period. Goldman Sachs Group Inc. lifted its position in SS&C Technologies by 16.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 690,340 shares of the technology company’s stock worth $57,664,000 after acquiring an additional 97,247 shares during the period. Focus Partners Wealth lifted its position in SS&C Technologies by 35.1% during the 1st quarter. Focus Partners Wealth now owns 9,362 shares of the technology company’s stock worth $782,000 after acquiring an additional 2,431 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in shares of SS&C Technologies by 1.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 745,218 shares of the technology company’s stock valued at $61,704,000 after purchasing an additional 8,695 shares during the last quarter. Hedge funds and other institutional investors own 96.90% of the company’s stock.

SS&C Technologies Stock Down 0.3%

SSNC stock opened at $75.29 on Friday. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.12 and a quick ratio of 1.12. The company’s 50 day simple moving average is $81.46 and its 200-day simple moving average is $84.57. SS&C Technologies Holdings, Inc. has a 12 month low of $69.00 and a 12 month high of $91.07. The firm has a market capitalization of $18.37 billion, a PE ratio of 23.83 and a beta of 1.17.

SS&C Technologies (NASDAQ:SSNC) last posted its earnings results on Thursday, February 5th. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.07. The firm had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.62 billion. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.SS&C Technologies’s revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the company 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. Equities analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on SSNC shares. Weiss Ratings reiterated 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 shares of SS&C Technologies from $105.00 to $95.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Raymond James Financial reiterated a “strong-buy” rating on shares of SS&C Technologies in a research report on Wednesday, January 21st. Finally, DA Davidson reaffirmed a “buy” rating and set a $106.00 price objective on shares of SS&C Technologies in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $101.00.

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.