SS&C Technologies Holdings, Inc. $SSNC Shares Purchased by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. increased its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 34.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 63,394 shares of the technology company’s stock after acquiring an additional 16,174 shares during the quarter. Fuller & Thaler Asset Management Inc.’s holdings in SS&C Technologies were worth $5,295,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Quantbot Technologies LP bought a new position in SS&C Technologies in the 1st quarter worth about $2,568,000. Northern Trust Corp grew its position in SS&C Technologies by 1.5% in the 1st quarter. Northern Trust Corp now owns 1,447,556 shares of the technology company’s stock worth $120,914,000 after purchasing an additional 21,252 shares during the last quarter. Brooklyn Investment Group grew its position in SS&C Technologies by 24.5% in the 1st quarter. Brooklyn Investment Group now owns 1,200 shares of the technology company’s stock worth $100,000 after purchasing an additional 236 shares during the last quarter. Elequin Capital LP bought a new position in shares of SS&C Technologies in the first quarter valued at approximately $30,000. Finally, Affinity Investment Advisors LLC boosted its holdings in shares of SS&C Technologies by 18.9% in the first quarter. Affinity Investment Advisors LLC now owns 8,823 shares of the technology company’s stock valued at $737,000 after acquiring an additional 1,400 shares in the last quarter. Institutional investors own 96.95% of the company’s stock.

SS&C Technologies Trading Up 0.0%

Shares of NASDAQ:SSNC opened at $87.90 on Thursday. The stock has a market capitalization of $21.47 billion, a price-to-earnings ratio of 27.55 and a beta of 1.25. SS&C Technologies Holdings, Inc. has a 1-year low of $66.83 and a 1-year high of $89.73. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.14 and a current ratio of 1.14. The company has a 50 day moving average price of $83.74 and a 200 day moving average price of $81.98.

SS&C Technologies (NASDAQ:SSNC) last issued its earnings results on Wednesday, July 23rd. The technology company reported $1.45 earnings per share for the quarter, topping analysts’ consensus estimates of $1.39 by $0.06. The firm had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.52 billion. SS&C Technologies had a net margin of 13.34% and a return on equity of 18.92%. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period last year, the firm posted $1.27 earnings per share. SS&C Technologies has set its FY 2025 guidance at 5.820-6.060 EPS. Q3 2025 guidance at 1.440-1.500 EPS. On average, research analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.

SS&C Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Tuesday, September 2nd will be issued a dividend of $1.08 per share. The ex-dividend date is Tuesday, September 2nd. This is a positive change from SS&C Technologies’s previous quarterly dividend of $0.25. This represents a $4.32 dividend on an annualized basis and a yield of 4.9%. SS&C Technologies’s payout ratio is 31.35%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on SSNC. UBS Group increased their price objective on shares of SS&C Technologies from $105.00 to $108.00 and gave the company a “buy” rating in a report on Tuesday, July 22nd. Wall Street Zen upgraded shares of SS&C Technologies from a “buy” rating to a “strong-buy” rating in a report on Friday, May 16th. Morgan Stanley increased their price objective on shares of SS&C Technologies from $75.00 to $88.00 and gave the company an “equal weight” rating in a report on Thursday, July 24th. JPMorgan Chase & Co. increased their price objective on shares of SS&C Technologies from $86.00 to $94.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. Finally, DA Davidson increased their price objective on shares of SS&C Technologies from $98.00 to $102.00 and gave the company a “buy” rating in a report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, SS&C Technologies currently has an average rating of “Moderate Buy” and an average price target of $97.13.

SS&C Technologies Company Profile

SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.