Forsta AP Fonden Boosts Holdings in SS&C Technologies Holdings, Inc. $SSNC

Forsta AP Fonden lifted its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 2.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,700 shares of the technology company’s stock after purchasing an additional 900 shares during the period. Forsta AP Fonden’s holdings in SS&C Technologies were worth $3,039,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Larson Financial Group LLC lifted 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 worth $28,000 after buying an additional 292 shares in the last quarter. Whittier Trust Co. purchased a new stake in shares of SS&C Technologies during the first quarter worth about $29,000. N.E.W. Advisory Services LLC acquired a new position in shares of SS&C Technologies in the first quarter worth about $29,000. Elequin Capital LP purchased a new position in SS&C Technologies in the first quarter valued at about $30,000. Finally, SVB Wealth LLC acquired a new stake in SS&C Technologies during the 1st quarter valued at approximately $33,000. 96.90% of the stock is owned by institutional investors and hedge funds.

SS&C Technologies Trading Down 1.3%

NASDAQ SSNC opened at $83.49 on Friday. 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 one year low of $69.61 and a one year high of $91.07. The company has a 50-day simple moving average of $85.72 and a 200-day simple moving average of $83.90. The firm has a market capitalization of $20.37 billion, a PE ratio of 24.77 and a beta of 1.24.

SS&C Technologies (NASDAQ:SSNC) last issued its earnings results on Thursday, October 23rd. The technology company reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.10. The firm had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.55 billion. SS&C Technologies had a net margin of 13.86% and a return on equity of 19.92%. SS&C Technologies’s revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the company posted $1.29 earnings per share. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS. FY 2025 guidance at 6.020-6.080 EPS. On average, equities analysts forecast 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 represents a $4.32 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date was Tuesday, September 2nd. This is an increase from SS&C Technologies’s previous quarterly dividend of $0.25. SS&C Technologies’s dividend payout ratio (DPR) is currently 32.05%.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of SS&C Technologies in a research note on Wednesday, October 8th. JPMorgan Chase & Co. increased their price objective on shares of SS&C Technologies from $86.00 to $94.00 and gave the company a “neutral” rating in a research note on Thursday, July 24th. Needham & Company LLC raised their price objective on shares of SS&C Technologies from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, October 24th. Royal Bank Of Canada upped their target price on shares of SS&C Technologies from $97.00 to $99.00 and gave the company an “outperform” rating in a research note on Friday, October 24th. Finally, Jefferies Financial Group increased their price target on shares of SS&C Technologies from $98.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. One research 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, the company currently has a consensus rating of “Moderate Buy” and a consensus 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.