Kingsview Wealth Management LLC Reduces Position in SS&C Technologies Holdings, Inc. $SSNC

Kingsview Wealth Management LLC lowered its stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 22.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 124,556 shares of the technology company’s stock after selling 36,593 shares during the period. Kingsview Wealth Management LLC owned 0.05% of SS&C Technologies worth $11,056,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Norges Bank purchased 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 in the second quarter valued at about $40,104,000. Seizert Capital Partners LLC purchased a new position in shares of SS&C Technologies in the second quarter worth about $31,501,000. Swedbank AB lifted its holdings in shares of SS&C Technologies by 8.5% during the third quarter. Swedbank AB now owns 3,710,333 shares of the technology company’s stock worth $329,329,000 after purchasing an additional 290,679 shares during the period. Finally, Treasurer of the State of North Carolina lifted its holdings in shares of SS&C Technologies by 118.0% during the second quarter. Treasurer of the State of North Carolina now owns 478,265 shares of the technology company’s stock worth $39,600,000 after purchasing an additional 258,878 shares during the period. 96.90% of the stock is owned by hedge funds and other institutional investors.

SS&C Technologies Stock Down 0.3%

SSNC opened at $75.29 on Monday. The company has a fifty day moving average of $81.46 and a two-hundred day moving average of $84.53. The stock has a market capitalization of $18.37 billion, a price-to-earnings ratio of 23.83 and a beta of 1.17. SS&C Technologies Holdings, Inc. has a fifty-two week low of $69.00 and a fifty-two week high of $91.07. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.07 and a current ratio of 1.07.

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, topping the consensus estimate of $1.62 by $0.07. SS&C Technologies had a net margin of 12.70% and a return on equity of 19.60%. The business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same period in the prior year, the company posted $1.58 EPS. The company’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. On average, research analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.

SS&C Technologies Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on SSNC. DA Davidson reiterated a “buy” rating and issued a $106.00 price target on shares of SS&C Technologies in a report on Friday, February 6th. Needham & Company LLC dropped their price objective on shares of SS&C Technologies from $105.00 to $95.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Raymond James Financial reiterated a “strong-buy” rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. Finally, Weiss Ratings restated 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 assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, SS&C Technologies presently 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.