Titan Global Capital Management USA LLC Boosts Stock Position in SS&C Technologies Holdings, Inc. $SSNC

Titan Global Capital Management USA LLC grew its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 25.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,734 shares of the technology company’s stock after purchasing an additional 8,152 shares during the quarter. Titan Global Capital Management USA LLC’s holdings in SS&C Technologies were worth $3,290,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of SSNC. Kestra Private Wealth Services LLC grew its holdings 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 valued at $1,341,000 after purchasing an additional 3,698 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in SS&C Technologies by 31.7% during the first quarter. Envestnet Asset Management Inc. now owns 736,523 shares of the technology company’s stock valued at $61,522,000 after buying an additional 177,079 shares during the period. Northern Trust Corp boosted its position in SS&C Technologies by 1.5% during the first quarter. Northern Trust Corp now owns 1,447,556 shares of the technology company’s stock valued at $120,914,000 after buying an additional 21,252 shares during the period. Eaton Financial Holdings Company LLC bought a new position in shares of SS&C Technologies during the second quarter valued at about $2,828,000. Finally, Inspire Investing LLC increased its holdings in shares of SS&C Technologies by 1,070.5% in the first quarter. Inspire Investing LLC now owns 39,832 shares of the technology company’s stock worth $3,327,000 after buying an additional 36,429 shares during the period. Institutional investors own 96.90% of the company’s stock.

SS&C Technologies Stock Down 0.2%

Shares of NASDAQ SSNC opened at $84.25 on Friday. The firm has a fifty day simple moving average of $86.07 and a two-hundred day simple moving average of $83.50. SS&C Technologies Holdings, Inc. has a 12 month low of $69.61 and a 12 month 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 $20.56 billion, a PE ratio of 25.00 and a beta of 1.24.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings results on Thursday, October 23rd. The technology company reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.10. SS&C Technologies had a net margin of 13.86% and a return on equity of 19.92%. The company had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.55 billion. During the same quarter in the previous year, the company earned $1.29 earnings per share. SS&C Technologies’s quarterly revenue was up 7.0% on a year-over-year basis. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS. FY 2025 guidance at 6.020-6.080 EPS. Equities analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.

SS&C Technologies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were paid a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date was Tuesday, September 2nd. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.25. SS&C Technologies’s dividend payout ratio (DPR) is 32.05%.

Analyst Upgrades and Downgrades

SSNC has been the topic of several recent research reports. Needham & Company LLC raised their price target on SS&C Technologies from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. Royal Bank Of Canada lifted their target price on shares of SS&C Technologies from $97.00 to $99.00 and gave the stock an “outperform” rating in a research note on Friday, October 24th. Weiss Ratings reissued a “buy (b)” rating on shares of SS&C Technologies in a research report on Wednesday, October 8th. Jefferies Financial Group raised their price target on shares of SS&C Technologies from $98.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Finally, DA Davidson set a $102.00 price objective on shares of SS&C Technologies in a research note on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, SS&C Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $101.75.

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.