Russell Investments Group Ltd. Acquires 80,250 Shares of SS&C Technologies Holdings, Inc. $SSNC

Russell Investments Group Ltd. raised its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 12.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 718,140 shares of the technology company’s stock after acquiring an additional 80,250 shares during the period. Russell Investments Group Ltd. owned about 0.29% of SS&C Technologies worth $63,726,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Caldwell Trust Co bought a new position in shares of SS&C Technologies during the 2nd quarter valued at about $27,000. Quent Capital LLC acquired a new position in shares of SS&C Technologies in the 3rd quarter valued at approximately $39,000. Cornerstone Planning Group LLC increased its stake in SS&C Technologies by 1,890.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock worth $39,000 after purchasing an additional 416 shares in the last quarter. Osterweis Capital Management Inc. acquired a new stake in SS&C Technologies during the 2nd quarter worth approximately $40,000. Finally, Root Financial Partners LLC acquired a new stake in SS&C Technologies during the 3rd quarter worth approximately $42,000. 96.90% of the stock is currently owned by institutional investors.

SS&C Technologies Trading Down 1.0%

NASDAQ SSNC opened at $73.67 on Wednesday. SS&C Technologies Holdings, Inc. has a 52 week low of $69.00 and a 52 week high of $91.07. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.07 and a current ratio of 1.07. The stock’s 50 day moving average price is $79.47 and its two-hundred day moving average price is $83.89. The stock has a market capitalization of $17.79 billion, a price-to-earnings ratio of 23.31 and a beta of 1.18.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings results on Thursday, February 5th. The technology company reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.07. The company had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.62 billion. SS&C Technologies had a net margin of 12.70% and a return on equity of 19.60%. The business’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period last year, the business earned $1.58 EPS. 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. As a group, analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

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

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Raymond James Financial reiterated a “strong-buy” rating on shares of SS&C Technologies in a report on Wednesday, January 21st. Weiss Ratings restated a “buy (b)” rating on shares of SS&C Technologies in a report on Thursday, January 22nd. Needham & Company LLC cut their price objective on shares of SS&C Technologies from $105.00 to $95.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $106.00 target price on shares of SS&C Technologies in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, SS&C Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $101.00.

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.