SS&C Technologies Holdings, Inc. $SSNC Shares Acquired by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC lifted its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 1.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,450 shares of the technology company’s stock after acquiring an additional 158 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in SS&C Technologies were worth $1,362,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kestra Private Wealth Services LLC raised its position in shares of SS&C Technologies by 29.9% during the 1st quarter. Kestra Private Wealth Services LLC now owns 16,050 shares of the technology company’s stock worth $1,341,000 after acquiring an additional 3,698 shares in the last quarter. Ritholtz Wealth Management acquired a new stake in shares of SS&C Technologies during the 1st quarter worth about $509,000. Bank of New York Mellon Corp raised its position in shares of SS&C Technologies by 6.8% during the 1st quarter. Bank of New York Mellon Corp now owns 1,191,017 shares of the technology company’s stock worth $99,486,000 after acquiring an additional 75,807 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of SS&C Technologies by 403.1% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 75,865 shares of the technology company’s stock worth $6,337,000 after acquiring an additional 60,784 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of SS&C Technologies by 31.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 736,523 shares of the technology company’s stock worth $61,522,000 after acquiring an additional 177,079 shares in the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

SS&C Technologies Trading Up 0.2%

Shares of SSNC stock opened at $79.68 on Friday. The business’s 50 day moving average is $87.32 and its two-hundred day moving average is $82.65. SS&C Technologies Holdings, Inc. has a twelve month low of $66.83 and a twelve month high of $91.07. The company has a market capitalization of $19.46 billion, a P/E ratio of 24.98 and a beta of 1.23. 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 announced its earnings results on Wednesday, July 23rd. The technology company reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.39 by $0.06. SS&C Technologies had a return on equity of 18.92% and a net margin of 13.34%.The company had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period last year, the business posted $1.27 EPS. The company’s 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. Equities analysts forecast that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were paid a $1.08 dividend. This is an increase from SS&C Technologies’s previous quarterly dividend of $0.25. The ex-dividend date was Tuesday, September 2nd. This represents a $4.32 annualized dividend and a dividend yield of 5.4%. SS&C Technologies’s dividend payout ratio (DPR) is 33.86%.

Wall Street Analyst Weigh In

SSNC has been the topic of several research analyst reports. Morgan Stanley lifted their price target on 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. Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Sunday, October 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of SS&C Technologies in a research report on Wednesday, October 8th. UBS Group lifted their price target on SS&C Technologies from $108.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, August 22nd. Finally, Raymond James Financial lifted their price target on SS&C Technologies from $95.00 to $101.00 and gave the stock a “strong-buy” rating in a research report on Friday. One equities 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 company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $98.13.

About SS&C Technologies

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.