Caisse de depot et placement du Quebec Buys Shares of 906,812 SS&C Technologies Holdings, Inc. $SSNC

Caisse de depot et placement du Quebec bought a new position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 906,812 shares of the technology company’s stock, valued at approximately $56,268,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SSNC. BlackRock Inc. acquired a new stake in shares of SS&C Technologies in the 2nd quarter valued at approximately $1,043,987,000. Pzena Investment Management LLC bought a new stake in shares of SS&C Technologies during the 2nd quarter valued at approximately $684,819,000. Bank of Montreal Can increased its position in SS&C Technologies by 4,424.6% during the 4th quarter. Bank of Montreal Can now owns 5,126,190 shares of the technology company’s stock worth $448,132,000 after purchasing an additional 5,012,893 shares in the last quarter. Jupiter Topco LLC acquired a new position in SS&C Technologies during the 2nd quarter worth approximately $178,337,000. Finally, Norges Bank bought a new position in SS&C Technologies in the 4th quarter valued at approximately $242,846,000. Institutional investors own 96.90% of the company’s stock.

SS&C Technologies Price Performance

SSNC stock opened at $83.47 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.09. The firm has a market cap of $19.59 billion, a price-to-earnings ratio of 23.99 and a beta of 1.07. The company’s fifty day simple moving average is $73.13 and its 200 day simple moving average is $70.95. SS&C Technologies Holdings, Inc. has a 12-month low of $61.40 and a 12-month high of $90.26.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.08. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%.The firm had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same period last year, the business posted $1.45 EPS. The business’s revenue was up 10.3% compared to the same quarter last year. SS&C Technologies has set its FY 2026 guidance at 6.930-7.250 EPS and its Q3 2026 guidance at 1.730-1.790 EPS. On average, analysts expect that SS&C Technologies Holdings, Inc. will post 6.28 earnings per share for the current year.

SS&C Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a dividend of $0.30 per share. This is an increase from SS&C Technologies’s previous quarterly dividend of $0.27. This represents a $1.20 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, September 1st. SS&C Technologies’s payout ratio is 31.03%.

Wall Street Analyst Weigh In

SSNC has been the topic of a number of research analyst reports. Royal Bank Of Canada raised their target price on shares of SS&C Technologies from $89.00 to $92.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. Jefferies Financial Group dropped their price target on SS&C Technologies from $92.00 to $83.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Weiss Ratings raised SS&C Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 19th. JPMorgan Chase & Co. reduced their price objective on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating on the stock in a research report on Monday, July 20th. Finally, UBS Group reaffirmed a “buy” rating and issued a $99.00 target price on shares of SS&C Technologies in a report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, SS&C Technologies has an average rating of “Moderate Buy” and an average target price of $91.25.

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.