Western Wealth Management LLC Makes New $928,000 Investment in SS&C Technologies Holdings, Inc. $SSNC

Western Wealth Management LLC acquired a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 13,741 shares of the technology company’s stock, valued at approximately $928,000.

Other large investors also recently modified their holdings of the company. Teacher Retirement System of Texas grew its stake in SS&C Technologies by 374.3% during the fourth quarter. Teacher Retirement System of Texas now owns 137,799 shares of the technology company’s stock valued at $12,046,000 after acquiring an additional 108,746 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of SS&C Technologies by 8.1% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 217,237 shares of the technology company’s stock valued at $18,628,000 after purchasing an additional 16,278 shares in the last quarter. Kepler Cheuvreux Suisse SA increased its holdings in shares of SS&C Technologies by 29.4% in the fourth quarter. Kepler Cheuvreux Suisse SA now owns 121,773 shares of the technology company’s stock worth $10,645,000 after purchasing an additional 27,686 shares during the last quarter. Oppenheimer Asset Management Inc. increased its holdings in shares of SS&C Technologies by 122.7% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 41,976 shares of the technology company’s stock worth $3,670,000 after purchasing an additional 23,125 shares during the last quarter. Finally, Skylands Capital LLC lifted its position in shares of SS&C Technologies by 71.6% in the first quarter. Skylands Capital LLC now owns 138,475 shares of the technology company’s stock worth $9,357,000 after buying an additional 57,775 shares in the last quarter. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Insider Activity at SS&C Technologies

In other SS&C Technologies news, Director Michael Jay Zamkow sold 3,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $66.68, for a total transaction of $200,040.00. Following the transaction, the director directly owned 18,404 shares in the company, valued at $1,227,178.72. This trade represents a 14.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Jonathan E. Michael sold 2,740 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total value of $183,196.40. Following the completion of the sale, the director owned 79,384 shares of the company’s stock, valued at $5,307,614.24. This represents a 3.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 8,740 shares of company stock valued at $583,576 in the last ninety days. Insiders own 16.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on SSNC shares. Morgan Stanley reduced their price objective on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. Needham & Company LLC reissued a “buy” rating and issued a $90.00 target price on shares of SS&C Technologies in a report on Friday, July 24th. JPMorgan Chase & Co. dropped their price target on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating for the company in a research report on Monday, July 20th. Royal Bank Of Canada boosted their price objective on shares of SS&C Technologies from $89.00 to $92.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. Finally, Jefferies Financial Group dropped their price target on shares of SS&C Technologies from $92.00 to $83.00 and set a “buy” rating for the company in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $91.25.

SS&C Technologies Stock Up 2.4%

NASDAQ:SSNC opened at $82.04 on Friday. The company has a market cap of $19.25 billion, a price-to-earnings ratio of 23.57 and a beta of 1.07. SS&C Technologies Holdings, Inc. has a twelve month low of $61.40 and a twelve month high of $91.07. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. The stock has a fifty day simple moving average of $70.25 and a 200-day simple moving average of $70.81.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings results on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.08. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The firm had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.66 billion. The business’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.45 earnings per share. SS&C Technologies has set its FY 2026 guidance at 6.930-7.250 EPS and its Q3 2026 guidance at 1.730-1.790 EPS. Analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current year.

SS&C Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, June 1st. SS&C Technologies’s payout ratio is currently 31.03%.

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.