SS&C Technologies Holdings, Inc. $SSNC Shares Sold by Moran Wealth Management LLC

Moran Wealth Management LLC cut its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 4.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 219,334 shares of the technology company’s stock after selling 11,090 shares during the quarter. Moran Wealth Management LLC’s holdings in SS&C Technologies were worth $19,174,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Merit Financial Group LLC raised its position in SS&C Technologies by 4.8% during the fourth quarter. Merit Financial Group LLC now owns 8,015 shares of the technology company’s stock worth $701,000 after acquiring an additional 368 shares during the last quarter. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of SS&C Technologies in the fourth quarter valued at approximately $89,000. CM Wealth Advisors LLC purchased a new position in shares of SS&C Technologies during the 4th quarter worth approximately $240,000. Private Trust Co. NA raised its position in shares of SS&C Technologies by 36.0% during the 4th quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock worth $44,000 after purchasing an additional 133 shares during the last quarter. Finally, KBC Group NV raised its position in shares of SS&C Technologies by 23.9% during the 4th quarter. KBC Group NV now owns 1,240,129 shares of the technology company’s stock worth $108,412,000 after purchasing an additional 239,056 shares during the last quarter. 96.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. DA Davidson lowered their target price on SS&C Technologies from $106.00 to $96.00 and set a “buy” rating on the stock in a report on Friday. Raymond James Financial reissued a “strong-buy” rating on shares of SS&C Technologies in a report on Wednesday, January 21st. Weiss Ratings downgraded SS&C Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, April 7th. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Finally, Needham & Company LLC cut their target price on shares of SS&C Technologies from $105.00 to $95.00 and set a “buy” rating for the company in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, SS&C Technologies currently has an average rating of “Moderate Buy” and an average target price of $99.75.

SS&C Technologies Trading Up 1.1%

Shares of SSNC opened at $72.11 on Friday. SS&C Technologies Holdings, Inc. has a fifty-two week low of $65.05 and a fifty-two week high of $91.07. The company has a market capitalization of $17.36 billion, a PE ratio of 22.82 and a beta of 1.19. The stock has a fifty day moving average of $71.30 and a two-hundred day moving average of $80.26. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.07 and a current ratio of 1.07.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings data on Thursday, February 5th. The technology company reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.07. The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.62 billion. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The business’s revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.58 earnings per share. SS&C Technologies has set its Q1 2026 guidance at 1.620-1.680 EPS and its FY 2026 guidance at 6.700-7.020 EPS. As a group, analysts forecast that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a $0.27 dividend. The ex-dividend date was Monday, March 2nd. This represents a $1.08 annualized dividend and a yield of 1.5%. SS&C Technologies’s payout ratio is 34.18%.

SS&C Technologies Company Profile

SS&C Technologies is a global provider of software and services for the financial services industry, offering technology and outsourcing solutions that support investment managers, asset servicing firms, insurance companies, private equity and real estate managers, hedge funds, wealth managers and other financial institutions. The company’s offerings span front-, middle- and back-office functionality, enabling clients to automate trading, portfolio accounting, reconciliation, performance measurement, risk and compliance, and client reporting.

SS&C delivers its capabilities through a mix of licensed software, cloud-based SaaS platforms and managed services.