SS&C Technologies Holdings, Inc. $SSNC Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. grew its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 0.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,567,287 shares of the technology company’s stock after purchasing an additional 165,821 shares during the quarter. Vanguard Group Inc. owned approximately 8.42% of SS&C Technologies worth $1,702,971,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in SSNC. N.E.W. Advisory Services LLC bought a new position in SS&C Technologies during the 1st quarter worth $29,000. Elequin Capital LP acquired a new position in shares of SS&C Technologies during the first quarter valued at $30,000. SVB Wealth LLC bought a new position in shares of SS&C Technologies during the first quarter worth about $33,000. 1248 Management LLC acquired a new position in shares of SS&C Technologies during the first quarter worth approximately $34,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in SS&C Technologies during the 1st quarter valued at $51,000. Institutional investors own 96.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on SSNC. Needham & Company LLC increased their price target on SS&C Technologies from $100.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday, October 24th. DA Davidson set a $102.00 target price on shares of SS&C Technologies in a research report on Friday, October 24th. Wall Street Zen upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Sunday, October 12th. Morgan Stanley upped their price target on shares of SS&C Technologies from $88.00 to $92.00 and gave the stock an “equal weight” rating in a research note on Friday, October 24th. Finally, UBS Group lifted their price target on SS&C Technologies from $110.00 to $112.00 and gave the company a “buy” rating in a research report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $101.75.

SS&C Technologies Stock Performance

SSNC opened at $83.90 on Friday. SS&C Technologies Holdings, Inc. has a fifty-two week low of $69.61 and a fifty-two week high of $91.07. The firm has a market cap of $20.47 billion, a PE ratio of 24.90 and a beta of 1.24. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.97. The business has a fifty day simple moving average of $85.05 and a 200-day simple moving average of $84.05.

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

SS&C Technologies Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be issued a dividend of $0.27 per share. The ex-dividend date is Monday, December 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.3%. SS&C Technologies’s payout ratio is currently 32.05%.

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.