SS&C Technologies Holdings, Inc. $SSNC Stake Raised by QRG Capital Management Inc.

QRG Capital Management Inc. raised its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 12.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 129,323 shares of the technology company’s stock after acquiring an additional 14,538 shares during the quarter. QRG Capital Management Inc. owned 0.05% of SS&C Technologies worth $8,738,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Havemeyer Place LP bought a new stake in shares of SS&C Technologies in the 4th quarter worth approximately $26,000. EFG International AG bought a new stake in SS&C Technologies during the fourth quarter worth approximately $29,000. V Square Quantitative Management LLC acquired a new position in SS&C Technologies in the fourth quarter worth approximately $37,000. Osterweis Capital Management Inc. acquired a new position in SS&C Technologies in the second quarter worth approximately $40,000. Finally, Fifth Third Bancorp increased its holdings in shares of SS&C Technologies by 216.4% in the fourth quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock valued at $42,000 after buying an additional 329 shares in the last quarter. Institutional investors own 96.90% of the company’s stock.

Insider Activity

In other news, Director Jonathan E. Michael sold 2,740 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total transaction of $183,196.40. Following the completion of the sale, the director directly owned 79,384 shares of the company’s stock, valued at $5,307,614.24. This trade represents a 3.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Michael Jay Zamkow sold 3,000 shares of SS&C Technologies stock in a transaction dated 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 owned 18,404 shares of the company’s stock, valued at approximately $1,227,178.72. This represents a 14.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 8,740 shares of company stock worth $583,576. Insiders own 16.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Needham & Company LLC cut their price objective on 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. Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Morgan Stanley reduced their target price on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. DA Davidson reiterated a “buy” rating and issued a $96.00 price target on shares of SS&C Technologies in a research report on Monday, April 27th. Finally, Jefferies Financial Group dropped their price target on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating on the stock in a research note on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, SS&C Technologies has an average rating of “Moderate Buy” and a consensus price target of $96.12.

SS&C Technologies Stock Performance

SSNC stock opened at $65.52 on Friday. The firm has a 50 day simple moving average of $66.98 and a 200 day simple moving average of $73.74. SS&C Technologies Holdings, Inc. has a 52 week low of $61.40 and a 52 week high of $91.07. The stock has a market cap of $15.78 billion, a P/E ratio of 20.28 and a beta of 1.11. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.10 and a current ratio of 1.10.

SS&C Technologies (NASDAQ:SSNC) last released its earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the prior year, the firm earned $1.44 EPS. The company’s 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. Research analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.17 earnings per share for the current fiscal year.

SS&C Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a $0.27 dividend. The ex-dividend date was Monday, June 1st. This represents a $1.08 dividend on an annualized basis and a yield of 1.6%. SS&C Technologies’s payout ratio is 33.44%.

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.