Compound Planning Inc. Invests $318,000 in SS&C Technologies Holdings, Inc. $SSNC

Compound Planning Inc. purchased a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 3,813 shares of the technology company’s stock, valued at approximately $318,000.

Other large investors have also recently bought and sold shares of the company. Atwood & Palmer Inc. raised its holdings in SS&C Technologies by 125.8% in the 1st quarter. Atwood & Palmer Inc. now owns 298 shares of the technology company’s stock valued at $25,000 after acquiring an additional 166 shares during the period. Larson Financial Group LLC raised its holdings in SS&C Technologies by 634.8% in the 1st quarter. Larson Financial Group LLC now owns 338 shares of the technology company’s stock valued at $28,000 after acquiring an additional 292 shares during the period. Whittier Trust Co. bought a new position in SS&C Technologies in the 1st quarter valued at about $29,000. N.E.W. Advisory Services LLC bought a new position in SS&C Technologies in the 1st quarter valued at about $29,000. Finally, Elequin Capital LP bought a new position in shares of SS&C Technologies during the first quarter worth approximately $30,000. 96.95% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently commented on SSNC. UBS Group raised their target price on shares of SS&C Technologies from $108.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Wall Street Zen cut shares of SS&C Technologies from a “buy” rating to a “hold” rating in a report on Friday, August 22nd. Needham & Company LLC raised their target price on shares of SS&C Technologies from $90.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, July 24th. Morgan Stanley raised their target price on shares of SS&C Technologies from $75.00 to $88.00 and gave the stock an “equal weight” rating in a report on Thursday, July 24th. Finally, Raymond James Financial raised their target price on shares of SS&C Technologies from $90.00 to $95.00 and gave the stock a “strong-buy” rating in a report on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $97.38.

SS&C Technologies Stock Performance

NASDAQ SSNC opened at $89.49 on Thursday. SS&C Technologies Holdings, Inc. has a 1 year low of $66.83 and a 1 year high of $91.07. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.97. The firm has a market capitalization of $21.86 billion, a price-to-earnings ratio of 28.05 and a beta of 1.25. The firm’s 50 day simple moving average is $84.67 and its 200 day simple moving average is $82.22.

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

SS&C Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd will be paid a dividend of $1.08 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This is an increase from SS&C Technologies’s previous quarterly dividend of $0.25. This represents a $4.32 annualized dividend and a dividend yield of 4.8%. SS&C Technologies’s payout ratio is 31.35%.

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.