Brandes Investment Partners LP Boosts Stake in SS&C Technologies Holdings, Inc. $SSNC

Brandes Investment Partners LP increased its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 2.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,052,905 shares of the technology company’s stock after buying an additional 26,406 shares during the period. Brandes Investment Partners LP’s holdings in SS&C Technologies were worth $92,046,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of SS&C Technologies by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 20,532,012 shares of the technology company’s stock worth $1,794,908,000 after purchasing an additional 74,170 shares during the period. Pzena Investment Management LLC boosted its position in shares of SS&C Technologies by 1.4% during the 4th quarter. Pzena Investment Management LLC now owns 10,313,582 shares of the technology company’s stock worth $901,613,000 after purchasing an additional 137,691 shares during the period. State Street Corp boosted its position in SS&C Technologies by 2.0% in the 3rd quarter. State Street Corp now owns 5,938,535 shares of the technology company’s stock valued at $527,104,000 after buying an additional 117,983 shares during the period. Cantillon Capital Management LLC boosted its position in SS&C Technologies by 0.8% in the 4th quarter. Cantillon Capital Management LLC now owns 4,258,493 shares of the technology company’s stock valued at $372,277,000 after buying an additional 32,136 shares during the period. Finally, Swedbank AB boosted its position in SS&C Technologies by 0.9% in the 4th quarter. Swedbank AB now owns 3,744,599 shares of the technology company’s stock valued at $327,353,000 after buying an additional 34,266 shares during the period. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Insiders Place Their Bets

In other news, Director Michael Jay Zamkow sold 3,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were 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 approximately $1,227,178.72. This trade represents a 14.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jonathan E. Michael sold 2,740 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total transaction 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. The trade was a 3.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 8,740 shares of company stock worth $583,576 over the last 90 days. Company insiders own 16.00% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on SSNC. UBS Group raised their price target on shares of SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Weiss Ratings cut shares of SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. DA Davidson reissued a “buy” rating and issued a $96.00 price target on shares of SS&C Technologies in a research report on Monday, April 27th. Needham & Company LLC decreased their price target on shares of SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, April 24th. Finally, Jefferies Financial Group decreased their price target on shares of SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. One research 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’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $96.13.

SS&C Technologies Price Performance

Shares of SSNC opened at $68.69 on Wednesday. SS&C Technologies Holdings, Inc. has a twelve month low of $64.51 and a twelve month high of $91.07. The firm’s fifty day simple moving average is $68.36 and its 200-day simple moving average is $76.25. The firm has a market capitalization of $16.54 billion, a price-to-earnings ratio of 21.27 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 (NASDAQ:SSNC) last announced its quarterly earnings data on Thursday, April 23rd. The technology company reported $1.69 earnings per share for the quarter, beating analysts’ consensus estimates of $1.65 by $0.04. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same period last year, the business earned $1.44 EPS. The company’s revenue was up 8.8% on a year-over-year basis. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Equities analysts forecast that SS&C Technologies Holdings, Inc. will post 6.19 EPS for the current fiscal year.

SS&C Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Monday, June 1st. SS&C Technologies’s dividend payout ratio (DPR) is presently 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.