SS&C Technologies Holdings, Inc. $SSNC Stake Cut by Savant Capital LLC

Savant Capital LLC lessened its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 93.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,363 shares of the technology company’s stock after selling 35,597 shares during the period. Savant Capital LLC’s holdings in SS&C Technologies were worth $207,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in SSNC. Vanguard Group Inc. lifted its position in shares of SS&C Technologies by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 20,532,012 shares of the technology company’s stock worth $1,794,908,000 after buying an additional 74,170 shares during the last quarter. Pzena Investment Management LLC grew its position in shares of SS&C Technologies by 1.4% during the 4th quarter. Pzena Investment Management LLC now owns 10,313,582 shares of the technology company’s stock valued at $901,613,000 after buying an additional 137,691 shares during the last quarter. State Street Corp raised its stake in SS&C Technologies by 2.0% during the third quarter. State Street Corp now owns 5,938,535 shares of the technology company’s stock worth $527,104,000 after acquiring an additional 117,983 shares during the period. Swedbank AB lifted its holdings in SS&C Technologies by 0.9% in the fourth quarter. Swedbank AB now owns 3,744,599 shares of the technology company’s stock worth $327,353,000 after acquiring an additional 34,266 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in SS&C Technologies by 1.7% in the third quarter. Dimensional Fund Advisors LP now owns 2,979,431 shares of the technology company’s stock worth $264,435,000 after acquiring an additional 50,757 shares during the last quarter. Institutional investors own 96.90% of the company’s stock.

Insider Buying and Selling at SS&C Technologies

In other news, Director Michael Jay Zamkow sold 3,000 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $66.68, for a total value of $200,040.00. Following the completion of the transaction, the director owned 18,404 shares of the company’s stock, valued at approximately $1,227,178.72. This represents a 14.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Jonathan E. Michael sold 2,740 shares of the stock in a transaction on Wednesday, May 20th. The stock was 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. The trade was a 3.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 8,740 shares of company stock valued at $583,576. Company insiders own 16.00% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on SSNC shares. Jefferies Financial Group lowered their target price on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a report on Tuesday, April 21st. UBS Group raised their price target on SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Needham & Company LLC lowered their price objective on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a research note on Friday, April 24th. DA Davidson reaffirmed a “buy” rating and issued a $96.00 target price on shares of SS&C Technologies in a research report on Monday, April 27th. Finally, Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. 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, the company presently has a consensus rating of “Moderate Buy” and an average target price of $96.13.

SS&C Technologies Price Performance

Shares of NASDAQ:SSNC opened at $69.91 on Monday. The firm’s 50 day moving average is $68.28 and its two-hundred day moving average is $76.44. The firm has a market capitalization of $16.84 billion, a P/E ratio of 21.64 and a beta of 1.09. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.06. SS&C Technologies Holdings, Inc. has a 52 week low of $64.51 and a 52 week high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings data on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.65 by $0.04. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The business had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same period in the prior year, the company posted $1.44 EPS. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.19 earnings per share for the current year.

SS&C Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be paid a $0.27 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $1.08 annualized dividend and a dividend yield of 1.5%. SS&C Technologies’s dividend payout ratio is presently 33.44%.

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.