Gotham Asset Management LLC Buys 114,458 Shares of SS&C Technologies Holdings, Inc. $SSNC

Gotham Asset Management LLC increased its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 35.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 437,837 shares of the technology company’s stock after purchasing an additional 114,458 shares during the period. Gotham Asset Management LLC’s holdings in SS&C Technologies were worth $38,862,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Norges Bank purchased a new stake in SS&C Technologies in the second quarter worth approximately $221,558,000. Alliancebernstein L.P. raised 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 valued at $111,976,000 after buying an additional 1,052,331 shares during the last quarter. Sunriver Management LLC bought a new position in shares of SS&C Technologies during the 2nd quarter valued at $40,104,000. First Trust Advisors LP boosted its stake in shares of SS&C Technologies by 114.2% in the 3rd quarter. First Trust Advisors LP now owns 772,290 shares of the technology company’s stock worth $68,548,000 after buying an additional 411,717 shares during the last quarter. Finally, Seizert Capital Partners LLC purchased a new position in shares of SS&C Technologies in the 2nd quarter worth $31,501,000. Institutional investors own 96.90% of the company’s stock.

Analyst Ratings Changes

SSNC has been the subject of a number of research reports. Needham & Company LLC reduced their price objective on SS&C Technologies from $105.00 to $95.00 and set a “buy” rating for the company in a research report on Friday, February 6th. DA Davidson reissued a “buy” rating and issued a $106.00 target price on shares of SS&C Technologies in a research report on Friday, February 6th. Wall Street Zen downgraded SS&C Technologies from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of SS&C Technologies in a research report on Thursday, January 22nd. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $101.00.

SS&C Technologies Trading Up 0.4%

NASDAQ:SSNC opened at $71.82 on Monday. SS&C Technologies Holdings, Inc. has a one year low of $69.00 and a one year high of $91.07. The business has a fifty day moving average price of $78.59 and a 200-day moving average price of $83.52. The firm has a market capitalization of $17.35 billion, a price-to-earnings ratio of 22.73 and a beta of 1.18. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.07 and a quick ratio of 1.07.

SS&C Technologies (NASDAQ:SSNC) last released its earnings results on Thursday, February 5th. The technology company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.07. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.62 billion. During the same period in the previous year, the business earned $1.58 earnings per share. SS&C Technologies’s quarterly revenue was up 8.1% compared to the same quarter last year. SS&C Technologies has set its Q1 2026 guidance at 1.620-1.680 EPS and its FY 2026 guidance at 6.700-7.020 EPS. Sell-side analysts forecast that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be paid a dividend of $0.27 per share. The ex-dividend date is Monday, March 2nd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.5%. SS&C Technologies’s payout ratio is 34.18%.

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.