Janus Henderson Group PLC Sells 2,519,381 Shares of SS&C Technologies Holdings, Inc. $SSNC

Janus Henderson Group PLC lowered its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 15.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 14,017,309 shares of the technology company’s stock after selling 2,519,381 shares during the quarter. Janus Henderson Group PLC owned 0.06% of SS&C Technologies worth $1,225,393,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of SSNC. Bank of Montreal Can boosted its position in SS&C Technologies by 4,424.6% during the fourth quarter. Bank of Montreal Can now owns 5,126,190 shares of the technology company’s stock valued at $448,132,000 after acquiring an additional 5,012,893 shares during the last quarter. Norges Bank bought a new stake in SS&C Technologies during the fourth quarter valued at $242,846,000. Lyrical Asset Management LP bought a new stake in SS&C Technologies during the fourth quarter valued at $220,573,000. Alliancebernstein L.P. boosted its position in SS&C Technologies by 503.0% during the third quarter. Alliancebernstein L.P. now owns 1,261,559 shares of the technology company’s stock valued at $111,976,000 after acquiring an additional 1,052,331 shares during the last quarter. Finally, Junto Capital Management LP bought a new stake in SS&C Technologies during the third quarter valued at $89,281,000. Institutional investors own 96.90% of the company’s stock.

SS&C Technologies Price Performance

Shares of NASDAQ SSNC opened at $66.36 on Thursday. The firm’s 50-day moving average price is $68.33 and its 200-day moving average price is $75.52. SS&C Technologies Holdings, Inc. has a 1-year low of $64.51 and a 1-year high of $91.07. The firm has a market capitalization of $15.98 billion, a P/E ratio of 20.54 and a beta of 1.09. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.06.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings data on Thursday, April 23rd. The technology company reported $1.69 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the prior year, the business earned $1.44 earnings per share. The business’s quarterly 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. Equities research analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.19 earnings per share for the current fiscal year.

SS&C Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a dividend of $0.27 per share. The ex-dividend date was Monday, June 1st. This represents a $1.08 annualized dividend and a dividend yield of 1.6%. SS&C Technologies’s dividend payout ratio is currently 33.44%.

Insider Activity

In related news, Director Michael Jay Zamkow sold 3,000 shares of the company’s 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 in the company, valued at $1,227,178.72. This represents a 14.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Jonathan E. Michael sold 2,740 shares of the company’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 owned 79,384 shares in the company, valued at $5,307,614.24. This represents a 3.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 8,740 shares of company stock worth $583,576 in the last quarter. Company insiders own 16.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. UBS Group upped their price target on shares of SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. DA Davidson reaffirmed a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a research report on Monday, April 27th. Morgan Stanley dropped their price objective on shares of SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Finally, Needham & Company LLC dropped their price objective on shares of SS&C Technologies from $95.00 to $90.00 and set a “buy” rating on the stock in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $96.13.

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.