BTC Capital Management Inc. Has $5.07 Million Stake in SS&C Technologies Holdings, Inc. $SSNC

BTC Capital Management Inc. raised its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 22.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 57,108 shares of the technology company’s stock after buying an additional 10,618 shares during the quarter. BTC Capital Management Inc.’s holdings in SS&C Technologies were worth $5,067,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SSNC. Norges Bank acquired a new position in SS&C Technologies in the 2nd quarter worth $221,558,000. Sunriver Management LLC acquired a new position in shares of SS&C Technologies during the second quarter worth about $40,104,000. Seizert Capital Partners LLC bought a new position in shares of SS&C Technologies during the second quarter worth about $31,501,000. Swedbank AB raised its position in SS&C Technologies by 8.5% in the 3rd quarter. Swedbank AB now owns 3,710,333 shares of the technology company’s stock valued at $329,329,000 after buying an additional 290,679 shares during the last quarter. Finally, Treasurer of the State of North Carolina lifted its stake in SS&C Technologies by 118.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 478,265 shares of the technology company’s stock valued at $39,600,000 after acquiring an additional 258,878 shares in the last quarter. 96.90% of the stock is currently owned by institutional investors and hedge funds.

SS&C Technologies Stock Performance

Shares of SSNC opened at $72.09 on Friday. The company has a market cap of $17.59 billion, a PE ratio of 22.81 and a beta of 1.17. The firm has a 50-day moving average of $84.37 and a 200-day moving average of $85.50. SS&C Technologies Holdings, Inc. has a one year low of $69.61 and a one year high of $91.07. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.12 and a quick ratio of 1.12.

SS&C Technologies (NASDAQ:SSNC) last issued 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. The business 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%. SS&C Technologies’s revenue was up 8.1% on a year-over-year basis. During the same period last year, the business posted $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. As a group, equities analysts forecast that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.

SS&C Technologies Cuts Dividend

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

Wall Street Analyst Weigh In

SSNC has been the subject of several research reports. Morgan Stanley raised their price target on shares of SS&C Technologies from $88.00 to $92.00 and gave the stock an “equal weight” rating in a research note on Friday, October 24th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of SS&C Technologies in a research report on Wednesday, January 21st. DA Davidson reissued a “buy” rating and set a $106.00 price target on shares of SS&C Technologies in a research report on Friday, February 6th. Jefferies Financial Group raised their price objective on SS&C Technologies from $98.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, October 28th. Finally, Royal Bank Of Canada upped their target price on SS&C Technologies from $97.00 to $99.00 and gave the stock an “outperform” rating in a report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, SS&C Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $101.00.

Insiders Place Their Bets

In other SS&C Technologies news, Director Normand A. Boulanger sold 150,000 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $85.85, for a total transaction of $12,877,500.00. Following the completion of the sale, the director owned 386,924 shares of the company’s stock, valued at $33,217,425.40. This trade represents a 27.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 16.40% of the company’s stock.

SS&C Technologies Company 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.