SS&C Technologies Holdings, Inc. $SSNC Shares Sold by SGL Investment Advisors Inc.

SGL Investment Advisors Inc. cut its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 1.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,041 shares of the technology company’s stock after selling 434 shares during the period. SS&C Technologies makes up approximately 1.8% of SGL Investment Advisors Inc.’s holdings, making the stock its 22nd biggest position. SGL Investment Advisors Inc.’s holdings in SS&C Technologies were worth $3,749,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Atwood & Palmer Inc. lifted its position in shares of SS&C Technologies by 125.8% during the 1st quarter. Atwood & Palmer Inc. now owns 298 shares of the technology company’s stock valued at $25,000 after acquiring an additional 166 shares during the last quarter. Larson Financial Group LLC lifted its holdings in shares of SS&C Technologies by 634.8% during the first quarter. Larson Financial Group LLC now owns 338 shares of the technology company’s stock valued at $28,000 after purchasing an additional 292 shares during the last quarter. Whittier Trust Co. acquired a new position in shares of SS&C Technologies in the 1st quarter valued at $29,000. N.E.W. Advisory Services LLC purchased a new position in SS&C Technologies in the 1st quarter worth about $29,000. Finally, Elequin Capital LP acquired a new stake in SS&C Technologies during the 1st quarter worth about $30,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

SS&C Technologies Price Performance

SSNC opened at $87.32 on Tuesday. The stock has a fifty day moving average price of $87.83 and a 200 day moving average price of $82.66. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.97. SS&C Technologies Holdings, Inc. has a 1 year low of $66.83 and a 1 year high of $91.07. The stock has a market cap of $21.33 billion, a price-to-earnings ratio of 27.37 and a beta of 1.23.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings results on Wednesday, July 23rd. The technology company reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.06. The business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.52 billion. SS&C Technologies had a return on equity of 18.92% and a net margin of 13.34%.The firm’s revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the company earned $1.27 EPS. SS&C Technologies has set its FY 2025 guidance at 5.820-6.060 EPS. Q3 2025 guidance at 1.440-1.500 EPS. Analysts forecast 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 disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were paid a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend was Tuesday, September 2nd. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.25. SS&C Technologies’s dividend payout ratio (DPR) is presently 33.86%.

Wall Street Analysts Forecast Growth

SSNC has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of SS&C Technologies in a research note on Saturday, September 27th. Needham & Company LLC raised their target price on SS&C Technologies from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, July 24th. DA Davidson lifted their price target on SS&C Technologies from $98.00 to $102.00 and gave the company a “buy” rating in a report on Friday, July 25th. UBS Group increased their price objective on SS&C Technologies from $108.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Finally, Raymond James Financial lifted their target price on SS&C Technologies from $90.00 to $95.00 and gave the company a “strong-buy” rating in a research note on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $97.38.

SS&C Technologies 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.