Quantinno Capital Management LP Buys 237,232 Shares of SS&C Technologies Holdings, Inc. $SSNC

Quantinno Capital Management LP increased its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 122.2% during the first quarter, HoldingsChannel reports. The fund owned 431,341 shares of the technology company’s stock after buying an additional 237,232 shares during the period. Quantinno Capital Management LP’s holdings in SS&C Technologies were worth $29,146,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Havemeyer Place LP bought a new position in SS&C Technologies during the 4th quarter worth about $26,000. EFG International AG bought a new stake in shares of SS&C Technologies in the fourth quarter valued at about $29,000. V Square Quantitative Management LLC bought a new stake in shares of SS&C Technologies in the fourth quarter valued at about $37,000. Osterweis Capital Management Inc. acquired a new position in shares of SS&C Technologies during the second quarter worth about $40,000. Finally, Fifth Third Bancorp boosted its position in shares of SS&C Technologies by 216.4% during the fourth quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after buying an additional 329 shares during the period. 96.90% of the stock is owned by institutional investors.

SS&C Technologies Price Performance

Shares of NASDAQ SSNC opened at $77.05 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.10 and a quick ratio of 1.10. The business has a 50-day moving average of $67.99 and a 200-day moving average of $71.25. The stock has a market capitalization of $18.56 billion, a price-to-earnings ratio of 22.14 and a beta of 1.11. SS&C Technologies Holdings, Inc. has a fifty-two week low of $61.40 and a fifty-two week high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last released its earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.08. SS&C Technologies had a return on equity of 21.02% and a net margin of 13.16%.The business had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.66 billion. During the same quarter in the prior year, the company posted $1.45 earnings per share. SS&C Technologies’s revenue was up 10.3% on a year-over-year basis. 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, sell-side analysts predict that SS&C Technologies Holdings, Inc. will post 6.28 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a dividend of $0.27 per share. The ex-dividend date was Monday, June 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.4%. SS&C Technologies’s dividend payout ratio is currently 31.03%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Jefferies Financial Group dropped their target price on SS&C Technologies from $92.00 to $83.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. Morgan Stanley reduced their price target on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a research report on Friday, April 24th. UBS Group raised their price target on shares of SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. DA Davidson reiterated a “buy” rating and issued a $96.00 price objective on shares of SS&C Technologies in a report on Monday, July 27th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $90.00 price objective on shares of SS&C Technologies in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, SS&C Technologies has an average rating of “Moderate Buy” and an average target price of $93.25.

Insider Activity at SS&C Technologies

In related news, Director Jonathan E. Michael sold 2,740 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total value of $183,196.40. Following the completion of the transaction, the director directly owned 79,384 shares of the company’s stock, valued at approximately $5,307,614.24. This trade represents a 3.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael Jay Zamkow sold 3,000 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $66.68, for a total transaction of $200,040.00. Following the transaction, the director owned 18,404 shares in the company, valued at $1,227,178.72. This represents a 14.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 8,740 shares of company stock valued at $583,576. 16.00% of the stock is currently owned by insiders.

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.