253,147 Shares in SS&C Technologies Holdings, Inc. $SSNC Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the 2nd quarter, Holdings Channel reports. The fund acquired 253,147 shares of the technology company’s stock, valued at approximately $15,709,000.

Other large investors also recently modified their holdings of the company. Havemeyer Place LP bought a new stake in SS&C Technologies during the fourth quarter valued at about $26,000. EFG International AG bought a new position in shares of SS&C Technologies in the fourth quarter worth about $29,000. Osterweis Capital Management Inc. bought a new position in shares of SS&C Technologies in the second quarter worth about $40,000. Fifth Third Bancorp grew its position in shares of SS&C Technologies by 216.4% during the fourth quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after purchasing an additional 329 shares in the last quarter. Finally, Private Trust Co. NA grew its position in shares of SS&C Technologies by 36.0% during the fourth quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock worth $44,000 after purchasing an additional 133 shares in the last quarter. Hedge funds and other institutional investors own 96.90% of the company’s stock.

SS&C Technologies Stock Performance

NASDAQ:SSNC opened at $82.12 on Friday. The stock’s fifty day moving average is $71.52 and its 200 day moving average is $70.71. SS&C Technologies Holdings, Inc. has a fifty-two week low of $61.40 and a fifty-two week high of $91.07. The firm has a market capitalization of $19.27 billion, a PE ratio of 23.60 and a beta of 1.07. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.06.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.08. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The company had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.66 billion. During the same period in the prior year, the company posted $1.45 EPS. The firm’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. On average, sell-side analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.28 earnings per share for the current year.

SS&C Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.30 per share. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $1.20 dividend on an annualized basis and a yield of 1.5%. SS&C Technologies’s dividend payout ratio is presently 31.03%.

Wall Street Analyst Weigh In

Several research firms have recently commented on SSNC. Weiss Ratings reissued a “hold (c)” rating on shares of SS&C Technologies in a report on Wednesday, August 5th. DA Davidson reaffirmed a “buy” rating and set a $96.00 target price on shares of SS&C Technologies in a research note on Monday, July 27th. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 price target on shares of SS&C Technologies in a report on Friday, July 24th. UBS Group reiterated a “buy” rating and issued a $99.00 price target on shares of SS&C Technologies in a research note on Thursday, August 13th. Finally, Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $91.25.

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.