Public Employees Retirement System of Ohio Invests $3.99 Million in SS&C Technologies Holdings, Inc. $SSNC

Public Employees Retirement System of Ohio purchased 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 and Exchange Commission (SEC). The firm purchased 64,301 shares of the technology company’s stock, valued at approximately $3,990,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jones Financial Companies Lllp acquired a new position in shares of SS&C Technologies in the second quarter valued at approximately $25,000. Havemeyer Place LP purchased a new stake in SS&C Technologies in the 4th quarter worth approximately $26,000. EFG International AG purchased a new stake in SS&C Technologies in the 4th quarter worth approximately $29,000. Osterweis Capital Management Inc. acquired a new position in SS&C Technologies in the 2nd quarter valued at $40,000. Finally, Fifth Third Bancorp lifted its stake in shares of 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 purchasing an additional 329 shares during the period. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

SS&C Technologies Trading Up 2.5%

Shares of SSNC opened at $84.63 on Friday. SS&C Technologies Holdings, Inc. has a twelve month low of $61.40 and a twelve month high of $90.26. The firm has a market capitalization of $19.86 billion, a P/E ratio of 24.32 and a beta of 1.09. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. The stock’s fifty day simple moving average is $74.93 and its 200 day simple moving average is $71.29.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.08. The firm had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.66 billion. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%.The firm’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.45 earnings per share. 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, equities research analysts forecast 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 disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This is an increase from SS&C Technologies’s previous quarterly dividend of $0.27. This represents a $1.20 annualized dividend and a dividend yield of 1.4%. SS&C Technologies’s dividend payout ratio (DPR) is currently 34.48%.

Analyst Upgrades and Downgrades

SSNC has been the topic of several analyst reports. DA Davidson restated a “buy” rating and set a $96.00 price objective on shares of SS&C Technologies in a report on Monday, July 27th. Royal Bank Of Canada increased their target price on SS&C Technologies from $92.00 to $101.00 and gave the stock an “outperform” rating in a research report on Monday. UBS Group restated a “buy” rating and issued a $99.00 price target on shares of SS&C Technologies in a report on Thursday, August 13th. Needham & Company LLC reaffirmed a “buy” rating and set a $90.00 price objective on shares of SS&C Technologies in a research note on Friday, July 24th. Finally, Jefferies Financial Group cut their price objective on shares of SS&C Technologies from $92.00 to $83.00 and set a “buy” rating on the stock in a report on Monday, July 20th. 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, SS&C Technologies currently has an average rating of “Moderate Buy” and an average price target of $92.38.

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.