Vaughan Nelson Investment Management L.P. Decreases Position in SS&C Technologies Holdings, Inc. $SSNC

Vaughan Nelson Investment Management L.P. trimmed its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 42.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 81,093 shares of the technology company’s stock after selling 59,445 shares during the quarter. Vaughan Nelson Investment Management L.P.’s holdings in SS&C Technologies were worth $7,198,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Caldwell Trust Co purchased a new position in shares of SS&C Technologies in the second quarter valued at approximately $27,000. Osterweis Capital Management Inc. acquired a new position in SS&C Technologies in the 2nd quarter valued at $40,000. 1248 Management LLC acquired a new position in SS&C Technologies in the 1st quarter valued at $45,000. Salem Investment Counselors Inc. lifted its holdings in SS&C Technologies by 71.7% in the 3rd quarter. Salem Investment Counselors Inc. now owns 625 shares of the technology company’s stock valued at $55,000 after purchasing an additional 261 shares in the last quarter. Finally, McIlrath & Eck LLC acquired a new stake in SS&C Technologies during the 3rd quarter worth $60,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

SS&C Technologies Stock Performance

Shares of SS&C Technologies stock opened at $88.43 on Thursday. The firm has a market cap of $21.58 billion, a PE ratio of 26.24 and a beta of 1.19. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.94. SS&C Technologies Holdings, Inc. has a 52 week low of $69.61 and a 52 week high of $91.07. The business’s fifty day simple moving average is $86.18 and its 200-day simple moving average is $85.81.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings data on Thursday, October 23rd. The technology company reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.10. SS&C Technologies had a net margin of 13.86% and a return on equity of 19.80%. The firm had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.55 billion. During the same period in the previous year, the firm earned $1.29 EPS. SS&C Technologies’s revenue was up 7.0% on a year-over-year basis. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS and its FY 2025 guidance at 6.020-6.080 EPS. Equities analysts forecast that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.

SS&C Technologies Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.2%. SS&C Technologies’s dividend payout ratio (DPR) is presently 32.05%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on SSNC shares. UBS Group increased 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. Morgan Stanley upped their price objective on shares of 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. Needham & Company LLC increased their price objective on shares of SS&C Technologies from $100.00 to $105.00 and gave the company a “buy” rating in a report on Friday, October 24th. Raymond James Financial raised their target price on shares of SS&C Technologies from $101.00 to $105.00 and gave the stock a “strong-buy” rating in a research note on Friday, October 24th. 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 report on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $101.75.

Insiders Place Their Bets

In other SS&C Technologies news, Director Normand A. Boulanger sold 150,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $85.85, for a total value of $12,877,500.00. Following the sale, the director owned 386,924 shares of the company’s stock, valued at $33,217,425.40. The trade was a 27.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 16.40% of the company’s stock.

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.