Brant Point Investment Management LLC Decreases Holdings in SS&C Technologies Holdings, Inc. $SSNC

Brant Point Investment Management LLC reduced its stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 28.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,824 shares of the technology company’s stock after selling 12,123 shares during the period. Brant Point Investment Management LLC’s holdings in SS&C Technologies were worth $2,469,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. AlphaCore Capital LLC boosted its position in shares of SS&C Technologies by 3.4% in the second quarter. AlphaCore Capital LLC now owns 3,671 shares of the technology company’s stock worth $304,000 after buying an additional 120 shares during the period. IFM Investors Pty Ltd lifted its position in SS&C Technologies by 0.3% during the 2nd quarter. IFM Investors Pty Ltd now owns 43,256 shares of the technology company’s stock worth $3,582,000 after acquiring an additional 130 shares in the last quarter. Penserra Capital Management LLC grew its position in SS&C Technologies by 12.7% in the second quarter. Penserra Capital Management LLC now owns 1,164 shares of the technology company’s stock valued at $96,000 after acquiring an additional 131 shares in the last quarter. M&T Bank Corp grew its position in SS&C Technologies by 2.1% in the second quarter. M&T Bank Corp now owns 6,632 shares of the technology company’s stock valued at $549,000 after acquiring an additional 138 shares in the last quarter. Finally, Allworth Financial LP raised its stake in shares of SS&C Technologies by 7.2% during the second quarter. Allworth Financial LP now owns 2,162 shares of the technology company’s stock valued at $179,000 after purchasing an additional 146 shares during the period. 96.90% of the stock is owned by hedge funds and other institutional investors.

SS&C Technologies Price Performance

SSNC opened at $88.32 on Monday. The company has a market capitalization of $21.55 billion, a P/E ratio of 26.21 and a beta of 1.20. The company has a 50-day moving average of $84.59 and a 200-day moving average of $84.63. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.12 and a current ratio of 1.12. SS&C Technologies Holdings, Inc. has a 1-year low of $69.61 and a 1-year high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings results on Thursday, October 23rd. The technology company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.10. The business had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.55 billion. SS&C Technologies had a return on equity of 19.80% and a net margin of 13.86%.The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period last year, the firm earned $1.29 earnings per share. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS and its FY 2025 guidance at 6.020-6.080 EPS. Equities analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.

SS&C Technologies Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Monday, December 1st. SS&C Technologies’s payout ratio is 32.05%.

Insider Activity

In related news, Director Normand A. Boulanger sold 150,000 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $85.85, for a total transaction of $12,877,500.00. Following the transaction, the director directly owned 386,924 shares in the company, valued at $33,217,425.40. This trade represents a 27.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 16.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on SSNC shares. Weiss Ratings restated a “buy (b)” rating on shares of SS&C Technologies in a research note on Wednesday, October 8th. Needham & Company LLC upped their price objective on shares of SS&C Technologies from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, October 24th. Raymond James Financial lifted their target price on SS&C Technologies from $101.00 to $105.00 and gave the stock a “strong-buy” rating in a research report on Friday, October 24th. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. Finally, DA Davidson set a $102.00 price objective on SS&C Technologies in a research note on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $101.75.

About SS&C Technologies

SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.