Man Group plc Invests $17.86 Million in SS&C Technologies Holdings, Inc. $SSNC

Man Group plc bought a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 287,874 shares of the technology company’s stock, valued at approximately $17,863,000.

Several other institutional investors have also bought and sold shares of the stock. Jones Financial Companies Lllp purchased a new stake in SS&C Technologies in the 2nd quarter valued at $25,000. Havemeyer Place LP bought a new stake in shares of SS&C Technologies in the 4th quarter worth $26,000. EFG International AG purchased a new stake in shares of SS&C Technologies in the fourth quarter valued at about $29,000. Osterweis Capital Management Inc. purchased a new stake in shares of SS&C Technologies in the second quarter valued at about $40,000. Finally, Fifth Third Bancorp lifted 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 valued at $42,000 after purchasing an additional 329 shares in the last quarter. Institutional investors own 96.90% of the company’s stock.

SS&C Technologies Price Performance

Shares of NASDAQ:SSNC opened at $83.47 on Friday. The company has a market capitalization of $19.59 billion, a P/E ratio of 23.99 and a beta of 1.07. The company’s 50-day moving average is $73.13 and its 200 day moving average is $70.95. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.06. SS&C Technologies Holdings, Inc. has a fifty-two week low of $61.40 and a fifty-two week high of $90.26.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.08. The business had revenue of $1.70 billion during 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 quarter last year, the company posted $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 business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Tuesday, September 1st. This is an increase from SS&C Technologies’s previous quarterly dividend of $0.27. SS&C Technologies’s dividend payout ratio (DPR) is 31.03%.

Wall Street Analysts Forecast Growth

SSNC has been the topic of several analyst reports. Weiss Ratings upgraded shares of SS&C Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 19th. JPMorgan Chase & Co. decreased their price objective on shares of SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating for the company in a research note on Monday, July 20th. Jefferies Financial Group cut their target price on SS&C Technologies from $92.00 to $83.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Royal Bank Of Canada upped their target price on SS&C Technologies from $89.00 to $92.00 and gave the company an “outperform” rating in a report on Friday, July 24th. Finally, UBS Group reaffirmed a “buy” rating and set a $99.00 price target on shares of SS&C Technologies in a research report on Thursday, August 13th. One research 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 a consensus rating of “Moderate Buy” and an average target price 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.