Jefferies Financial Group Inc. Invests $3.02 Million in SS&C Technologies Holdings, Inc. $SSNC

Jefferies Financial Group Inc. bought a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the second quarter, HoldingsChannel.com reports. The firm bought 48,670 shares of the technology company’s stock, valued at approximately $3,020,000.

A number of other institutional investors have also recently bought and sold shares of the business. Havemeyer Place LP bought a new position in shares of SS&C Technologies during the fourth quarter worth approximately $26,000. EFG International AG bought a new stake in shares of SS&C Technologies in the fourth quarter valued at approximately $29,000. Jones Financial Companies Lllp acquired a new stake in SS&C Technologies during the second quarter worth approximately $25,000. Osterweis Capital Management Inc. acquired a new stake in SS&C Technologies during the second quarter worth approximately $40,000. Finally, Fifth Third Bancorp increased its stake in SS&C Technologies by 216.4% during the 4th quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after acquiring an additional 329 shares during the period. Institutional investors own 96.90% of the company’s stock.

SS&C Technologies Stock Performance

SS&C Technologies stock opened at $83.42 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 stock has a market cap of $19.57 billion, a PE ratio of 23.97 and a beta of 1.07. SS&C Technologies Holdings, Inc. has a 12-month low of $61.40 and a 12-month high of $90.26. The business’s 50-day moving average price is $73.49 and its two-hundred day moving average price is $71.04.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.08. The company had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.66 billion. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The firm’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period last year, the company posted $1.45 EPS. 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. As a group, analysts expect that SS&C Technologies Holdings, Inc. will post 6.28 earnings per share for the current fiscal year.

SS&C Technologies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.4%. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.27. The ex-dividend date is Tuesday, September 1st. SS&C Technologies’s dividend payout ratio (DPR) is currently 34.48%.

Analyst Ratings Changes

A number of analysts have recently weighed in on SSNC shares. Jefferies Financial Group cut their target price on SS&C Technologies from $92.00 to $83.00 and set a “buy” rating for the company in a research report on Monday, July 20th. DA Davidson reiterated a “buy” rating and set a $96.00 price objective on shares of SS&C Technologies in a research note on Monday, July 27th. UBS Group restated a “buy” rating and issued a $99.00 target price on shares of SS&C Technologies in a research report on Thursday, August 13th. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Finally, JPMorgan Chase & Co. reduced their price target on shares of 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. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $91.25.

SS&C Technologies 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.