SS&C Technologies Holdings, Inc. $SSNC Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC trimmed its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 39.9% during the first quarter, Holdings Channel reports. The firm owned 8,425,246 shares of the technology company’s stock after selling 5,592,063 shares during the quarter. Janus Henderson Group PLC’s holdings in SS&C Technologies were worth $569,294,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bank of Montreal Can lifted its position in shares of SS&C Technologies by 4,424.6% during the fourth quarter. Bank of Montreal Can now owns 5,126,190 shares of the technology company’s stock worth $448,132,000 after purchasing an additional 5,012,893 shares in the last quarter. Norges Bank acquired a new stake in shares of SS&C Technologies in the fourth quarter valued at $242,846,000. Lyrical Asset Management LP purchased a new position in SS&C Technologies in the fourth quarter valued at $220,573,000. Alliancebernstein L.P. grew its stake in SS&C Technologies by 503.0% during the 3rd quarter. Alliancebernstein L.P. now owns 1,261,559 shares of the technology company’s stock worth $111,976,000 after purchasing an additional 1,052,331 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in SS&C Technologies by 48.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,267,717 shares of the technology company’s stock worth $198,244,000 after purchasing an additional 743,245 shares during the period. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Jefferies Financial Group dropped their price objective on shares of SS&C Technologies from $92.00 to $83.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. JPMorgan Chase & Co. decreased their price objective on shares of SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating for the company in a research report on Monday, July 20th. DA Davidson reiterated a “buy” rating and set a $96.00 target price on shares of SS&C Technologies in a research note on Monday. Finally, Morgan Stanley dropped their target price on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. One equities research 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 stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $93.25.

Insider Transactions at SS&C Technologies

In other news, Director Jonathan E. Michael sold 2,740 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total value of $183,196.40. Following the completion of the sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael Jay Zamkow sold 3,000 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $66.68, for a total value of $200,040.00. Following the completion of the sale, the director directly owned 18,404 shares of the company’s stock, valued at $1,227,178.72. The trade was a 14.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 8,740 shares of company stock worth $583,576 in the last quarter. Insiders own 16.00% of the company’s stock.

SS&C Technologies Stock Performance

Shares of SS&C Technologies stock opened at $78.31 on Thursday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.06. SS&C Technologies Holdings, Inc. has a 52 week low of $61.40 and a 52 week high of $91.07. The firm’s 50 day moving average is $67.59 and its two-hundred day moving average is $71.28. The firm has a market capitalization of $18.86 billion, a P/E ratio of 22.50 and a beta of 1.11.

SS&C Technologies (NASDAQ:SSNC) last issued its earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.08. The business had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.66 billion. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.02%. During the same quarter in the prior year, the business posted $1.45 EPS. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. SS&C Technologies has set its FY 2026 guidance at 6.930-7.250 EPS and its Q3 2026 guidance at 1.730-1.790 EPS. Research analysts forecast that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current fiscal year.

SS&C Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.08 annualized dividend and a dividend yield of 1.4%. SS&C Technologies’s dividend payout ratio (DPR) is presently 31.03%.

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.