364,011 Shares in SS&C Technologies Holdings, Inc. $SSNC Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC purchased a new position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 364,011 shares of the technology company’s stock, valued at approximately $22,543,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of SSNC. AXA S.A. lifted its position in shares of SS&C Technologies by 1.4% in the second quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock valued at $776,000 after buying an additional 130 shares during the last quarter. Cullen Frost Bankers Inc. increased its holdings in shares of SS&C Technologies by 0.8% during the 4th quarter. Cullen Frost Bankers Inc. now owns 17,271 shares of the technology company’s stock worth $1,510,000 after acquiring an additional 142 shares during the last quarter. AlphaCore Capital LLC raised its stake in SS&C Technologies by 3.5% in the 4th quarter. AlphaCore Capital LLC now owns 4,507 shares of the technology company’s stock valued at $394,000 after acquiring an additional 154 shares during the period. 1620 Investment Advisors Inc. raised its stake in SS&C Technologies by 10.3% in the 4th quarter. 1620 Investment Advisors Inc. now owns 1,711 shares of the technology company’s stock valued at $150,000 after acquiring an additional 160 shares during the period. Finally, Laird Norton Wetherby Wealth Management LLC lifted its holdings in SS&C Technologies by 2.5% during the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 6,503 shares of the technology company’s stock valued at $577,000 after purchasing an additional 160 shares during the last quarter. Institutional investors own 96.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SSNC. UBS Group reaffirmed a “buy” rating and set a $99.00 price objective on shares of SS&C Technologies in a research report on Thursday, August 13th. Weiss Ratings upgraded shares of SS&C Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 19th. Needham & Company LLC reaffirmed a “buy” rating and set a $90.00 target price on shares of SS&C Technologies in a report on Friday, July 24th. JPMorgan Chase & Co. decreased their price target on shares of SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating on the stock in a research note on Monday, July 20th. Finally, DA Davidson reissued a “buy” rating and issued a $96.00 price target on shares of SS&C Technologies in a report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $91.25.

SS&C Technologies Stock Performance

SSNC opened at $83.47 on Friday. The business has a fifty day simple moving average of $73.13 and a 200 day simple moving average of $70.95. The company has a market capitalization of $19.59 billion, a PE ratio of 23.99 and a beta of 1.07. SS&C Technologies Holdings, Inc. has a 1 year low of $61.40 and a 1 year high of $90.26. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.06 and a quick ratio of 1.06.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.08. The firm had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.66 billion. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%.The company’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.45 EPS. SS&C Technologies has set its FY 2026 guidance at 6.930-7.250 EPS and its Q3 2026 guidance at 1.730-1.790 EPS. Research analysts expect that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current year.

SS&C Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.30 dividend. This is a positive change from SS&C Technologies’s previous quarterly dividend of $0.27. The ex-dividend date is Tuesday, September 1st. This represents a $1.20 annualized dividend and a yield of 1.4%. SS&C Technologies’s dividend payout ratio is presently 31.03%.

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.