Osmosis Investment Management UK Ltd purchased a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Free Report) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 8,461 shares of the technology company’s stock, valued at approximately $525,000.
Several other institutional investors have also recently made changes to their positions in the stock. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in SS&C Technologies by 8.1% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 217,237 shares of the technology company’s stock valued at $18,628,000 after acquiring an additional 16,278 shares during the last quarter. Kepler Cheuvreux Suisse SA increased its stake in shares of SS&C Technologies by 29.4% during the 4th quarter. Kepler Cheuvreux Suisse SA now owns 121,773 shares of the technology company’s stock worth $10,645,000 after purchasing an additional 27,686 shares during the last quarter. Oppenheimer Asset Management Inc. increased its stake in shares of SS&C Technologies by 122.7% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 41,976 shares of the technology company’s stock worth $3,670,000 after purchasing an additional 23,125 shares during the last quarter. Skylands Capital LLC raised its holdings in shares of SS&C Technologies by 71.6% in the 1st quarter. Skylands Capital LLC now owns 138,475 shares of the technology company’s stock valued at $9,357,000 after purchasing an additional 57,775 shares during the period. Finally, Hussman Strategic Advisors Inc. bought a new stake in shares of SS&C Technologies in the 4th quarter valued at about $2,203,000. Institutional investors and hedge funds own 96.90% of the company’s stock.
Analysts Set New Price Targets
A number of research firms recently commented on SSNC. UBS Group reiterated a “buy” rating and set a $99.00 price target on shares of SS&C Technologies in a report on Thursday, August 13th. Weiss Ratings upgraded SS&C Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 19th. Needham & Company LLC reaffirmed a “buy” rating and issued a $90.00 price objective on shares of SS&C Technologies in a research report on Friday, July 24th. Royal Bank Of Canada lifted their target price on SS&C Technologies from $89.00 to $92.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. Finally, Jefferies Financial Group decreased their target price on SS&C Technologies from $92.00 to $83.00 and set a “buy” rating on the stock in a report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $91.25.
SS&C Technologies Stock Performance
NASDAQ SSNC opened at $82.99 on Wednesday. The stock has a market cap of $19.47 billion, a PE ratio of 23.85 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. The firm has a 50-day moving average of $72.44 and a 200-day moving average of $70.85. SS&C Technologies Holdings, Inc. has a 52-week low of $61.40 and a 52-week high of $90.26.
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.08. The business had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.66 billion. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. SS&C Technologies’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.45 EPS. 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 EPS 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. Stockholders of record on Tuesday, September 1st will be given a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This is a positive change from SS&C Technologies’s previous quarterly dividend of $0.27. This represents a $1.20 annualized dividend and a dividend yield of 1.4%. SS&C Technologies’s dividend payout ratio (DPR) is currently 34.48%.
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.
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