National Pension Service Purchases 2,785 Shares of SS&C Technologies Holdings, Inc. $SSNC

National Pension Service lifted its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 1.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 146,840 shares of the technology company’s stock after acquiring an additional 2,785 shares during the quarter. National Pension Service owned approximately 0.06% of SS&C Technologies worth $12,158,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Mutual of America Capital Management LLC acquired a new position in SS&C Technologies during the 1st quarter valued at about $346,000. CWM LLC raised its stake in shares of SS&C Technologies by 67.3% during the first quarter. CWM LLC now owns 42,257 shares of the technology company’s stock worth $3,530,000 after buying an additional 17,001 shares during the last quarter. Signaturefd LLC raised its stake in shares of SS&C Technologies by 10.7% during the first quarter. Signaturefd LLC now owns 3,408 shares of the technology company’s stock worth $285,000 after buying an additional 329 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in SS&C Technologies by 13.1% in the first quarter. Massachusetts Financial Services Co. MA now owns 178,157 shares of the technology company’s stock valued at $14,881,000 after buying an additional 20,663 shares during the period. Finally, Whittier Trust Co. bought a new position in SS&C Technologies in the first quarter valued at approximately $29,000. Institutional investors own 96.90% of the company’s stock.

Analyst Upgrades and Downgrades

SSNC has been the subject of several recent research reports. UBS Group upped their target price on shares of SS&C Technologies from $110.00 to $112.00 and gave the company a “buy” rating in a research report on Friday, October 24th. JPMorgan Chase & Co. upped their price objective on SS&C Technologies from $86.00 to $94.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. Morgan Stanley increased their target price on SS&C Technologies from $88.00 to $92.00 and gave the company an “equal weight” rating in a research note on Friday, October 24th. Weiss Ratings restated a “buy (b)” rating on shares of SS&C Technologies in a research report on Wednesday, October 8th. Finally, Royal Bank Of Canada upped their price target on SS&C Technologies from $97.00 to $99.00 and gave the company an “outperform” rating in a research note on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $101.75.

SS&C Technologies Trading Down 1.3%

NASDAQ SSNC opened at $83.49 on Friday. SS&C Technologies Holdings, Inc. has a one year low of $69.61 and a one year high of $91.07. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.14 and a quick ratio of 1.14. The firm has a market cap of $20.37 billion, a P/E ratio of 24.77 and a beta of 1.24. The stock’s 50-day moving average is $85.72 and its 200-day moving average is $83.84.

SS&C Technologies (NASDAQ:SSNC) last posted its earnings results on Thursday, October 23rd. The technology company reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.10. SS&C Technologies had a return on equity of 19.92% and a net margin of 13.86%.The business had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.55 billion. During the same period in the prior year, the business earned $1.29 EPS. SS&C Technologies’s revenue for the quarter was up 7.0% compared to the same quarter last year. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS. FY 2025 guidance at 6.020-6.080 EPS. Sell-side analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were given a $1.08 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $4.32 annualized dividend and a yield of 5.2%. This is an increase from SS&C Technologies’s previous quarterly dividend of $0.25. SS&C Technologies’s payout ratio is presently 32.05%.

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.