Hsbc Holdings PLC Purchases 162,966 Shares of SS&C Technologies Holdings, Inc. $SSNC

Hsbc Holdings PLC raised its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 140.4% during the first quarter, HoldingsChannel.com reports. The firm owned 279,044 shares of the technology company’s stock after acquiring an additional 162,966 shares during the quarter. Hsbc Holdings PLC’s holdings in SS&C Technologies were worth $18,804,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Havemeyer Place LP acquired a new stake in shares of SS&C Technologies during the 4th quarter worth approximately $26,000. EFG International AG bought a new stake in shares of SS&C Technologies during the fourth quarter worth approximately $29,000. V Square Quantitative Management LLC acquired a new position in SS&C Technologies in the fourth quarter valued at approximately $37,000. Osterweis Capital Management Inc. acquired a new position in SS&C Technologies in the second quarter valued at approximately $40,000. Finally, Fifth Third Bancorp boosted its stake in SS&C Technologies by 216.4% in the fourth quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock valued at $42,000 after acquiring an additional 329 shares during the last quarter. Institutional investors own 96.90% of the company’s stock.

Insider Buying and Selling at SS&C Technologies

In other SS&C Technologies news, Director Michael Jay Zamkow sold 3,000 shares of SS&C Technologies stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $66.68, for a total transaction of $200,040.00. Following the transaction, the director directly owned 18,404 shares in the company, valued at approximately $1,227,178.72. The trade was a 14.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jonathan E. Michael sold 2,740 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total value of $183,196.40. Following the completion of the transaction, the director directly owned 79,384 shares of the company’s stock, valued at approximately $5,307,614.24. The trade was a 3.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 8,740 shares of company stock worth $583,576 in the last ninety days. 16.00% of the stock is currently owned by company insiders.

SS&C Technologies Stock Down 2.3%

Shares of NASDAQ SSNC opened at $67.92 on Wednesday. The stock has a market cap of $16.36 billion, a P/E ratio of 21.03 and a beta of 1.11. The firm has a 50 day moving average price of $66.70 and a 200 day moving average price of $71.90. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.10 and a current ratio of 1.10. SS&C Technologies Holdings, Inc. has a 52-week low of $61.40 and a 52-week high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last issued its earnings results on Thursday, April 23rd. The technology company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.65 by $0.04. The firm had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.63 billion. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The business’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.44 earnings per share. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Analysts expect that SS&C Technologies Holdings, Inc. will post 6.17 EPS for the current year.

SS&C Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a $0.27 dividend. The ex-dividend date was Monday, June 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.6%. SS&C Technologies’s dividend payout ratio is currently 33.44%.

Wall Street Analyst Weigh In

SSNC has been the subject of a number of analyst reports. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Morgan Stanley cut their price target on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. UBS Group raised their price target on SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. JPMorgan Chase & Co. decreased their price objective on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating for the company in a research note on Monday. Finally, Weiss Ratings downgraded SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. One 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 company. According to MarketBeat, SS&C Technologies currently has an average rating of “Moderate Buy” and an average target price of $94.12.

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.