SS&C Technologies Holdings, Inc. $SSNC Shares Acquired by Handelsbanken Fonder AB

Handelsbanken Fonder AB increased its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 20.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 103,610 shares of the technology company’s stock after acquiring an additional 17,581 shares during the period. Handelsbanken Fonder AB’s holdings in SS&C Technologies were worth $9,058,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. National Pension Service grew its holdings in SS&C Technologies by 27.2% during the third quarter. National Pension Service now owns 186,824 shares of the technology company’s stock worth $16,582,000 after acquiring an additional 39,984 shares during the period. Envestnet Asset Management Inc. grew its holdings in SS&C Technologies by 3.0% during the third quarter. Envestnet Asset Management Inc. now owns 767,765 shares of the technology company’s stock worth $68,147,000 after acquiring an additional 22,547 shares during the period. Teacher Retirement System of Texas grew its holdings in SS&C Technologies by 374.3% during the fourth quarter. Teacher Retirement System of Texas now owns 137,799 shares of the technology company’s stock worth $12,046,000 after acquiring an additional 108,746 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in SS&C Technologies by 8.1% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 217,237 shares of the technology company’s stock worth $18,628,000 after acquiring an additional 16,278 shares during the period. Finally, Cibc World Market Inc. acquired a new stake in SS&C Technologies during the third quarter worth about $1,414,000. 96.90% of the stock is owned by institutional investors and hedge funds.

SS&C Technologies Stock Down 0.4%

Shares of SSNC opened at $66.95 on Friday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.06. SS&C Technologies Holdings, Inc. has a 12 month low of $64.51 and a 12 month high of $91.07. The stock’s 50 day moving average is $69.02 and its two-hundred day moving average is $77.74. The firm has a market cap of $16.12 billion, a P/E ratio of 20.73 and a beta of 1.12.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings data on Thursday, April 23rd. The technology company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.65 by $0.04. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The company had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same period last year, the company earned $1.44 earnings per share. SS&C Technologies’s quarterly revenue was up 8.8% compared to the same quarter last year. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Analysts predict that SS&C Technologies Holdings, Inc. will post 6.19 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SSNC has been the topic of several analyst reports. DA Davidson reaffirmed a “buy” rating and set a $96.00 target price on shares of SS&C Technologies in a report on Monday, April 27th. Needham & Company LLC dropped their target price on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating on the stock in a report on Friday, April 24th. Morgan Stanley dropped their target price on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. UBS Group raised their target price on SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Finally, Jefferies Financial Group dropped their target price on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating on the stock in a report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $96.13.

About SS&C Technologies

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.