SS&C Technologies Holdings, Inc. $SSNC Shares Sold by Alkeon Capital Management LLC

Alkeon Capital Management LLC lessened its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 10.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,764,916 shares of the technology company’s stock after selling 200,000 shares during the quarter. Alkeon Capital Management LLC owned 0.72% of SS&C Technologies worth $156,654,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Caldwell Trust Co acquired a new position in shares of SS&C Technologies in the 2nd quarter worth approximately $27,000. Quent Capital LLC purchased a new position in shares of SS&C Technologies during the 3rd quarter worth approximately $39,000. Cornerstone Planning Group LLC increased its holdings in SS&C Technologies by 1,890.9% in the 3rd quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock valued at $39,000 after purchasing an additional 416 shares during the last quarter. Osterweis Capital Management Inc. acquired a new stake in SS&C Technologies in the 2nd quarter valued at approximately $40,000. Finally, Root Financial Partners LLC purchased a new stake in SS&C Technologies in the third quarter valued at approximately $42,000. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently commented on SSNC shares. Raymond James Financial restated a “strong-buy” rating on shares of SS&C Technologies in a research report on Wednesday, January 21st. Needham & Company LLC cut their price objective on SS&C Technologies from $105.00 to $95.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Wall Street Zen lowered SS&C Technologies from a “buy” rating to a “hold” rating in a research note on Saturday. DA Davidson restated a “buy” rating and set a $106.00 target price on shares of SS&C Technologies in a report on Friday, February 6th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of SS&C Technologies in a research report on Thursday, January 22nd. One equities 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. Based on data from MarketBeat, SS&C Technologies currently has an average rating of “Moderate Buy” and an average price target of $101.00.

SS&C Technologies Stock Up 0.4%

SS&C Technologies stock opened at $71.82 on Friday. The firm has a market capitalization of $17.35 billion, a P/E ratio of 22.73 and a beta of 1.18. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.07. SS&C Technologies Holdings, Inc. has a twelve month low of $69.00 and a twelve month high of $91.07. The stock’s fifty day simple moving average is $78.59 and its 200-day simple moving average is $83.56.

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

SS&C Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.5%. SS&C Technologies’s payout ratio is currently 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.