SS&C Technologies Holdings, Inc. $SSNC Shares Acquired by ProShare Advisors LLC

ProShare Advisors LLC grew its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 11.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 80,277 shares of the technology company’s stock after purchasing an additional 8,408 shares during the quarter. ProShare Advisors LLC’s holdings in SS&C Technologies were worth $7,125,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Millennium Management LLC boosted its holdings in SS&C Technologies by 349.1% in the first quarter. Millennium Management LLC now owns 176,630 shares of the technology company’s stock worth $14,754,000 after acquiring an additional 137,301 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of SS&C Technologies by 6,069.0% in the 1st quarter. NewEdge Advisors LLC now owns 2,591 shares of the technology company’s stock valued at $216,000 after purchasing an additional 2,549 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in SS&C Technologies by 16.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 690,340 shares of the technology company’s stock worth $57,664,000 after purchasing an additional 97,247 shares in the last quarter. Focus Partners Wealth grew its position in SS&C Technologies by 35.1% during the 1st quarter. Focus Partners Wealth now owns 9,362 shares of the technology company’s stock worth $782,000 after purchasing an additional 2,431 shares during the last quarter. Finally, US Bancorp DE increased its stake in SS&C Technologies by 9.6% during the 2nd quarter. US Bancorp DE now owns 19,396 shares of the technology company’s stock valued at $1,606,000 after purchasing an additional 1,697 shares in the last quarter. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at SS&C Technologies

In other news, Director Normand A. Boulanger sold 150,000 shares of SS&C Technologies stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $85.85, for a total transaction of $12,877,500.00. Following the completion of the transaction, the director directly owned 386,924 shares of the company’s stock, valued at $33,217,425.40. The trade was a 27.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 16.40% of the stock is currently owned by company insiders.

SS&C Technologies Price Performance

Shares of SSNC opened at $72.87 on Thursday. The business’s 50-day moving average is $85.03 and its two-hundred day moving average is $85.69. The company has a market capitalization of $17.78 billion, a P/E ratio of 23.06 and a beta of 1.17. SS&C Technologies Holdings, Inc. has a fifty-two week low of $69.61 and a fifty-two week high of $91.07. 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 (NASDAQ:SSNC) last issued its quarterly earnings data on Thursday, February 5th. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.62 by $0.07. The business 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 company’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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. Research analysts predict that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.

SS&C Technologies Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.5%. The ex-dividend date was Monday, December 1st. SS&C Technologies’s dividend payout ratio is currently 34.18%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on SSNC shares. DA Davidson reiterated a “buy” rating and set a $106.00 price objective on shares of SS&C Technologies in a research note on Friday, February 6th. UBS Group lifted their price target on SS&C Technologies from $110.00 to $112.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. Raymond James Financial reiterated a “strong-buy” rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. Jefferies Financial Group raised their price objective on SS&C Technologies from $98.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. Finally, Royal Bank Of Canada lifted their target price on SS&C Technologies from $97.00 to $99.00 and gave the stock an “outperform” rating in a report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, SS&C Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $101.00.

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.