Goldman Sachs Group Inc. Has $198.24 Million Holdings in SS&C Technologies Holdings, Inc. $SSNC

Goldman Sachs Group Inc. raised its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 48.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,267,717 shares of the technology company’s stock after buying an additional 743,245 shares during the quarter. Goldman Sachs Group Inc.’s holdings in SS&C Technologies were worth $198,244,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of SSNC. Norges Bank acquired a new position in shares of SS&C Technologies during the fourth quarter worth approximately $242,846,000. Alliancebernstein L.P. lifted its holdings in shares of SS&C Technologies by 503.0% during the third quarter. Alliancebernstein L.P. now owns 1,261,559 shares of the technology company’s stock worth $111,976,000 after buying an additional 1,052,331 shares during the last quarter. Junto Capital Management LP acquired a new position in shares of SS&C Technologies during the third quarter worth approximately $89,281,000. Danica Pension Livsforsikringsaktieselskab acquired a new position in shares of SS&C Technologies during the third quarter worth approximately $64,795,000. Finally, First Trust Advisors LP lifted its holdings in shares of SS&C Technologies by 114.2% during the third quarter. First Trust Advisors LP now owns 772,290 shares of the technology company’s stock worth $68,548,000 after buying an additional 411,717 shares during the last quarter. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other SS&C Technologies news, Director Michael Jay Zamkow sold 3,000 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $66.68, for a total value of $200,040.00. Following the sale, the director directly owned 18,404 shares in the company, valued at $1,227,178.72. This represents a 14.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Jonathan E. Michael sold 2,740 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total value of $183,196.40. Following the completion of the sale, the director owned 79,384 shares in the company, valued at $5,307,614.24. This trade represents a 3.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 8,740 shares of company stock worth $583,576 over the last quarter. Company insiders own 16.00% of the company’s stock.

Analyst Ratings Changes

SSNC has been the subject of a number of research analyst reports. DA Davidson reiterated a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a report on Monday, April 27th. UBS Group upped their price target on SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Jefferies Financial Group cut their price target on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a report on Tuesday, April 21st. Needham & Company LLC cut their price target on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a report on Friday, April 24th. Finally, Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $96.13.

SS&C Technologies Stock Performance

SSNC opened at $69.91 on Friday. The stock has a market cap of $16.84 billion, a PE ratio of 21.64 and a beta of 1.09. 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 1 year low of $64.51 and a 1 year high of $91.07. The stock’s 50 day simple moving average is $68.28 and its 200-day simple moving average is $76.47.

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

SS&C Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, June 1st. SS&C Technologies’s dividend payout ratio is 33.44%.

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.