SS&C Technologies Holdings, Inc. $SSNC Shares Sold by SGL Investment Advisors Inc.

SGL Investment Advisors Inc. decreased its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 1.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,041 shares of the technology company’s stock after selling 434 shares during the period. SS&C Technologies comprises approximately 1.8% of SGL Investment Advisors Inc.’s holdings, making the stock its 22nd biggest holding. SGL Investment Advisors Inc.’s holdings in SS&C Technologies were worth $3,749,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. IFM Investors Pty Ltd increased its stake in SS&C Technologies by 0.3% during the second quarter. IFM Investors Pty Ltd now owns 43,256 shares of the technology company’s stock valued at $3,582,000 after purchasing an additional 130 shares during the last quarter. Global X Japan Co. Ltd. grew its position in shares of SS&C Technologies by 16.1% during the 1st quarter. Global X Japan Co. Ltd. now owns 1,011 shares of the technology company’s stock valued at $84,000 after buying an additional 140 shares during the last quarter. Tectonic Advisors LLC raised its stake in SS&C Technologies by 1.9% during the first quarter. Tectonic Advisors LLC now owns 7,534 shares of the technology company’s stock worth $629,000 after acquiring an additional 144 shares during the period. MAI Capital Management lifted its holdings in SS&C Technologies by 11.7% in the first quarter. MAI Capital Management now owns 1,401 shares of the technology company’s stock worth $117,000 after acquiring an additional 147 shares during the last quarter. Finally, Wellington Management Group LLP lifted its holdings in SS&C Technologies by 5.3% in the fourth quarter. Wellington Management Group LLP now owns 3,193 shares of the technology company’s stock worth $242,000 after acquiring an additional 161 shares during the last quarter. 96.90% of the stock is owned by hedge funds and other institutional investors.

SS&C Technologies Price Performance

Shares of NASDAQ SSNC opened at $87.32 on Tuesday. The stock has a market cap of $21.33 billion, a P/E ratio of 27.37 and a beta of 1.23. The firm’s 50-day simple moving average is $87.83 and its 200 day simple moving average is $82.66. SS&C Technologies Holdings, Inc. has a fifty-two week low of $66.83 and a fifty-two week high of $91.07. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.97.

SS&C Technologies (NASDAQ:SSNC) last released its earnings results on Wednesday, July 23rd. The technology company reported $1.45 EPS for the quarter, beating the consensus estimate of $1.39 by $0.06. The firm had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.52 billion. SS&C Technologies had a net margin of 13.34% and a return on equity of 18.92%. SS&C Technologies’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the company earned $1.27 EPS. SS&C Technologies has set its FY 2025 guidance at 5.820-6.060 EPS. Q3 2025 guidance at 1.440-1.500 EPS. Equities analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were paid a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend was Tuesday, September 2nd. This is an increase from SS&C Technologies’s previous quarterly dividend of $0.25. SS&C Technologies’s dividend payout ratio is 33.86%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on SSNC shares. DA Davidson increased their price target on SS&C Technologies from $98.00 to $102.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Weiss Ratings reiterated a “buy (b)” rating on shares of SS&C Technologies in a research note on Saturday, September 27th. UBS Group upped their price target on shares of SS&C Technologies from $108.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Raymond James Financial lifted their price objective on shares of SS&C Technologies from $90.00 to $95.00 and gave the company a “strong-buy” rating in a research report on Thursday, July 24th. Finally, Wall Street Zen lowered shares of SS&C Technologies from a “buy” rating to a “hold” rating in a research note on Saturday. One research 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $97.38.

SS&C Technologies Profile

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.