Bamco Inc. NY Makes New Investment in SS&C Technologies Holdings, Inc. $SSNC

Bamco Inc. NY purchased a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 560,789 shares of the technology company’s stock, valued at approximately $34,797,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SSNC. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in SS&C Technologies by 8.1% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 217,237 shares of the technology company’s stock worth $18,628,000 after purchasing an additional 16,278 shares during the period. Kepler Cheuvreux Suisse SA increased its stake in SS&C Technologies by 29.4% during the fourth quarter. Kepler Cheuvreux Suisse SA now owns 121,773 shares of the technology company’s stock worth $10,645,000 after acquiring an additional 27,686 shares during the last quarter. Oppenheimer Asset Management Inc. raised its position in SS&C Technologies by 122.7% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 41,976 shares of the technology company’s stock valued at $3,670,000 after purchasing an additional 23,125 shares during the period. Skylands Capital LLC raised its position in SS&C Technologies by 71.6% in the first 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. acquired a new position in shares of SS&C Technologies in the 4th quarter valued at $2,203,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

SS&C Technologies Price Performance

Shares of SSNC opened at $83.05 on Thursday. The firm has a market capitalization of $19.49 billion, a price-to-earnings ratio of 23.86 and a beta of 1.07. The firm’s fifty day simple moving average is $72.77 and its 200-day simple moving average is $70.91. SS&C Technologies Holdings, Inc. has a twelve month low of $61.40 and a twelve month high of $90.26. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09.

SS&C Technologies (NASDAQ:SSNC) last posted its earnings results on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.68 by $0.08. The firm had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.66 billion. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%.SS&C Technologies’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.45 earnings per share. 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. Equities analysts forecast that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current fiscal year.

SS&C Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a $0.30 dividend. 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 dividend yield of 1.4%. SS&C Technologies’s payout ratio is currently 31.03%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 price objective on shares of SS&C Technologies in a report on Friday, July 24th. Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Jefferies Financial Group cut their price target on shares of SS&C Technologies from $92.00 to $83.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Royal Bank Of Canada increased their price target on shares of SS&C Technologies from $89.00 to $92.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. Finally, JPMorgan Chase & Co. lowered 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 note on Monday, July 20th. 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 company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.