Capital Analysts LLC Has $4.24 Million Position in SS&C Technologies Holdings, Inc. $SSNC

Capital Analysts LLC raised its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 5.7% during the 1st quarter, Holdings Channel.com reports. The firm owned 50,753 shares of the technology company’s stock after acquiring an additional 2,739 shares during the period. Capital Analysts LLC’s holdings in SS&C Technologies were worth $4,239,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Atwood & Palmer Inc. raised its stake in SS&C Technologies by 125.8% during the 1st quarter. Atwood & Palmer Inc. now owns 298 shares of the technology company’s stock valued at $25,000 after purchasing an additional 166 shares during the period. Larson Financial Group LLC raised its stake in SS&C Technologies by 634.8% during the 1st quarter. Larson Financial Group LLC now owns 338 shares of the technology company’s stock valued at $28,000 after purchasing an additional 292 shares during the period. Whittier Trust Co. acquired a new stake in SS&C Technologies during the 1st quarter valued at $29,000. N.E.W. Advisory Services LLC acquired a new stake in SS&C Technologies during the 1st quarter valued at $29,000. Finally, Elequin Capital LP acquired a new stake in SS&C Technologies during the 1st quarter valued at $30,000. 96.95% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SSNC has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their price target on shares of SS&C Technologies from $86.00 to $94.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. Needham & Company LLC boosted their price target on shares of SS&C Technologies from $90.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, July 24th. Raymond James Financial boosted their price target on shares of SS&C Technologies from $90.00 to $95.00 and gave the company a “strong-buy” rating in a report on Thursday, July 24th. Morgan Stanley boosted their price target on shares of SS&C Technologies from $75.00 to $88.00 and gave the company an “equal weight” rating in a report on Thursday, July 24th. Finally, UBS Group boosted their price target on shares of SS&C Technologies from $105.00 to $108.00 and gave the company a “buy” rating in a report on Tuesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $97.13.

SS&C Technologies Trading Up 1.1%

Shares of NASDAQ:SSNC opened at $87.86 on Wednesday. The stock has a market capitalization of $21.46 billion, a PE ratio of 27.54 and a beta of 1.25. SS&C Technologies Holdings, Inc. has a 1 year low of $66.83 and a 1 year high of $89.73. The firm has a fifty day moving average price of $83.60 and a 200 day moving average price of $81.94. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.97.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings data on Wednesday, July 23rd. The technology company reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.39 by $0.06. The firm had revenue of $1.54 billion during 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 revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.27 earnings per share. SS&C Technologies has set its FY 2025 guidance at 5.820-6.060 EPS. Q3 2025 guidance at 1.440-1.500 EPS. Analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.

SS&C Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Tuesday, September 2nd will be issued a $1.08 dividend. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.25. This represents a $4.32 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Tuesday, September 2nd. SS&C Technologies’s dividend payout ratio is currently 31.35%.

SS&C Technologies Company 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.