SS&C Technologies Holdings, Inc. $SSNC Shares Acquired by Handelsbanken Fonder AB

Handelsbanken Fonder AB increased its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) by 15.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,029 shares of the technology company’s stock after purchasing an additional 11,440 shares during the period. Handelsbanken Fonder AB’s holdings in SS&C Technologies were worth $7,636,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of SSNC. AlphaCore Capital LLC boosted its position in shares of SS&C Technologies by 3.4% during the 2nd quarter. AlphaCore Capital LLC now owns 3,671 shares of the technology company’s stock worth $304,000 after acquiring an additional 120 shares in the last quarter. Whalen Wealth Management Inc. lifted its stake in SS&C Technologies by 4.2% during the third quarter. Whalen Wealth Management Inc. now owns 3,242 shares of the technology company’s stock worth $288,000 after purchasing an additional 130 shares during the last quarter. J.Safra Asset Management Corp boosted its holdings in SS&C Technologies by 3.6% in the third quarter. J.Safra Asset Management Corp now owns 3,750 shares of the technology company’s stock valued at $333,000 after purchasing an additional 130 shares in the last quarter. AXA S.A. boosted its holdings in SS&C Technologies by 1.4% in the second quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock valued at $776,000 after purchasing an additional 130 shares in the last quarter. Finally, Penserra Capital Management LLC increased its stake 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 purchasing an additional 131 shares during the last quarter. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Wall Street Analyst Weigh In

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

Check Out Our Latest Research Report on SSNC

SS&C Technologies Stock Performance

NASDAQ SSNC opened at $75.29 on Monday. The firm has a market cap of $18.37 billion, a P/E ratio of 23.83 and a beta of 1.17. SS&C Technologies Holdings, Inc. has a 52-week low of $69.00 and a 52-week high of $91.07. The business’s 50-day moving average price is $81.46 and its 200 day moving average price is $84.53. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.07.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last posted its quarterly earnings data on Thursday, February 5th. The technology company reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 19.60% and a net margin of 12.70%.The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period last year, the firm 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. On average, equities research analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.

SS&C Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Monday, March 2nd. SS&C Technologies’s dividend payout ratio (DPR) is 34.18%.

About SS&C Technologies

(Free Report)

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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Institutional Ownership by Quarter for SS&C Technologies (NASDAQ:SSNC)

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