SS&C Technologies Holdings, Inc. $SSNC Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC grew its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 54.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,080 shares of the technology company’s stock after acquiring an additional 1,782 shares during the quarter. GAMMA Investing LLC’s holdings in SS&C Technologies were worth $421,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in SSNC. Atwood & Palmer Inc. raised its holdings in shares of SS&C Technologies by 125.8% during the first quarter. Atwood & Palmer Inc. now owns 298 shares of the technology company’s stock worth $25,000 after purchasing an additional 166 shares during the period. Larson Financial Group LLC boosted its holdings in shares of 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 buying an additional 292 shares during the period. Whittier Trust Co. bought a new stake in shares of SS&C Technologies during the 1st quarter valued at about $29,000. N.E.W. Advisory Services LLC bought a new position in SS&C Technologies in the first quarter worth about $29,000. Finally, Elequin Capital LP bought a new position in SS&C Technologies in the first quarter worth about $30,000. 96.95% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on SSNC. Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, September 13th. Raymond James Financial increased their target price on SS&C Technologies from $90.00 to $95.00 and gave the stock a “strong-buy” rating in a research 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. Morgan Stanley upped their price target on shares of SS&C Technologies from $75.00 to $88.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 24th. Finally, DA Davidson lifted their price objective on shares of SS&C Technologies from $98.00 to $102.00 and gave the company a “buy” rating in a research report on Friday, July 25th. One 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 company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $97.38.

SS&C Technologies Trading Down 0.9%

NASDAQ:SSNC opened at $87.12 on Friday. The stock has a market cap of $21.28 billion, a price-to-earnings ratio of 27.31 and a beta of 1.24. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.14 and a current ratio of 1.14. SS&C Technologies Holdings, Inc. has a 1 year low of $66.83 and a 1 year high of $91.07. The business has a fifty day moving average of $87.32 and a 200-day moving average of $82.35.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings data on Wednesday, July 23rd. The technology company reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.06. The business had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.52 billion. SS&C Technologies had a net margin of 13.34% and a return on equity of 18.92%. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter 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. Equities analysts predict that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.

SS&C Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were paid a dividend of $1.08 per share. 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 dividend yield of 5.0%. The ex-dividend date was Tuesday, September 2nd. SS&C Technologies’s dividend payout ratio (DPR) is 33.86%.

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.