SS&C Technologies Holdings, Inc. Declares Quarterly Dividend of $0.27 (NASDAQ:SSNC)

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) announced a quarterly dividend on Thursday, May 21st. Investors of record on Monday, June 1st will be paid a dividend of 0.27 per share by the technology company on Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, June 1st.

SS&C Technologies has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 9 consecutive years. SS&C Technologies has a dividend payout ratio of 16.7% meaning its dividend is sufficiently covered by earnings. Analysts expect SS&C Technologies to earn $6.87 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 15.7%.

SS&C Technologies Trading Down 0.4%

Shares of NASDAQ SSNC opened at $66.95 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.10 and a quick ratio of 1.10. The stock has a market capitalization of $16.12 billion, a P/E ratio of 20.73 and a beta of 1.12. SS&C Technologies has a 1-year low of $64.51 and a 1-year high of $91.07. The business has a fifty day moving average price of $69.02 and a 200 day moving average price of $77.74.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings data on Thursday, April 23rd. The technology company reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.65 by $0.04. The firm had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.63 billion. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The firm’s quarterly revenue was up 8.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.44 EPS. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Equities research analysts expect that SS&C Technologies will post 6.19 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SSNC. FinArc Investments Inc. purchased a new position in SS&C Technologies during the first quarter valued at approximately $2,639,000. Western Wealth Management LLC purchased a new position in SS&C Technologies during the first quarter valued at approximately $928,000. Turtle Creek Asset Management Inc. raised its position in SS&C Technologies by 43.0% during the first quarter. Turtle Creek Asset Management Inc. now owns 1,156,014 shares of the technology company’s stock valued at $78,112,000 after acquiring an additional 347,465 shares in the last quarter. NewEdge Advisors LLC raised its position in SS&C Technologies by 218.1% during the first quarter. NewEdge Advisors LLC now owns 32,182 shares of the technology company’s stock valued at $2,175,000 after acquiring an additional 22,065 shares in the last quarter. Finally, Bull Harbor Capital LLC purchased a new position in SS&C Technologies during the first quarter valued at approximately $244,000. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

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.