Pzena Investment Management LLC Has $903.21 Million Stock Holdings in SS&C Technologies Holdings, Inc. $SSNC

Pzena Investment Management LLC trimmed its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 2.7% during the third quarter, HoldingsChannel reports. The firm owned 10,175,891 shares of the technology company’s stock after selling 284,688 shares during the quarter. SS&C Technologies comprises 2.9% of Pzena Investment Management LLC’s portfolio, making the stock its 12th largest holding. Pzena Investment Management LLC’s holdings in SS&C Technologies were worth $903,212,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. CenterBook Partners LP bought a new position in SS&C Technologies during the third quarter worth about $1,141,000. Founders Financial Alliance LLC acquired a new stake in shares of SS&C Technologies during the third quarter worth about $205,000. Denali Advisors LLC lifted its holdings in shares of SS&C Technologies by 6.0% during the 3rd quarter. Denali Advisors LLC now owns 6,900 shares of the technology company’s stock valued at $612,000 after purchasing an additional 389 shares in the last quarter. State of New Jersey Common Pension Fund D lifted its holdings in shares of SS&C Technologies by 2.9% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 72,731 shares of the technology company’s stock valued at $6,456,000 after purchasing an additional 2,045 shares in the last quarter. Finally, Aberdeen Group plc grew its position in shares of SS&C Technologies by 39.1% in the 3rd quarter. Aberdeen Group plc now owns 140,953 shares of the technology company’s stock valued at $12,511,000 after purchasing an additional 39,611 shares during the period. Institutional investors own 96.90% of the company’s stock.

SS&C Technologies Stock Up 1.8%

Shares of SSNC stock opened at $72.74 on Thursday. The firm’s fifty day moving average price is $83.51 and its two-hundred day moving average price is $85.23. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.94. SS&C Technologies Holdings, Inc. has a 1 year low of $69.61 and a 1 year high of $91.07. The firm has a market capitalization of $17.75 billion, a P/E ratio of 23.02 and a beta of 1.17.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings data on Thursday, February 5th. The technology company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.07. The company 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%. The company’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the prior 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. On average, equities analysts predict that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Normand A. Boulanger sold 150,000 shares of the company’s stock in a transaction that occurred 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 sale, the director owned 386,924 shares in the company, valued at $33,217,425.40. This represents a 27.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 16.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on SSNC shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of SS&C Technologies in a research note on Thursday, January 22nd. UBS Group raised their price objective on shares of SS&C Technologies from $110.00 to $112.00 and gave the stock a “buy” rating in a report on Friday, October 24th. Morgan Stanley increased their target price on SS&C Technologies from $88.00 to $92.00 and gave the stock an “equal weight” rating in a report on Friday, October 24th. Jefferies Financial Group boosted their price target 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, Needham & Company LLC reduced their price objective on 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. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average 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.