Moran Wealth Management LLC Has $13.91 Million Stock Position in SS&C Technologies Holdings, Inc. $SSNC

Moran Wealth Management LLC lessened its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 6.1% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 205,890 shares of the technology company’s stock after selling 13,444 shares during the quarter. Moran Wealth Management LLC’s holdings in SS&C Technologies were worth $13,912,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. AXA S.A. raised its stake in SS&C Technologies by 1.4% in the 2nd quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock worth $776,000 after purchasing an additional 130 shares in the last quarter. Private Trust Co. NA grew its position in shares of SS&C Technologies by 36.0% during the 4th quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock worth $44,000 after purchasing an additional 133 shares in the last quarter. Signaturefd LLC grew its position in shares of SS&C Technologies by 3.9% during the 4th quarter. Signaturefd LLC now owns 3,785 shares of the technology company’s stock worth $331,000 after purchasing an additional 141 shares in the last quarter. Cullen Frost Bankers Inc. increased its holdings in shares of SS&C Technologies by 0.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 17,271 shares of the technology company’s stock worth $1,510,000 after purchasing an additional 142 shares during the period. Finally, Allworth Financial LP increased its holdings in shares of SS&C Technologies by 6.9% during the third quarter. Allworth Financial LP now owns 2,312 shares of the technology company’s stock worth $205,000 after purchasing an additional 150 shares during the period. 96.90% of the stock is owned by institutional investors.

SS&C Technologies Stock Performance

SS&C Technologies stock opened at $65.52 on Friday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.06. The stock has a market cap of $15.78 billion, a PE ratio of 20.28 and a beta of 1.11. SS&C Technologies Holdings, Inc. has a 12-month low of $61.40 and a 12-month high of $91.07. The business’s 50-day moving average price is $66.98 and its two-hundred day moving average price is $73.74.

SS&C Technologies (NASDAQ:SSNC) last posted its earnings results on Thursday, April 23rd. The technology company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.04. The firm had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.63 billion. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.44 earnings per share. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. As a group, analysts expect that SS&C Technologies Holdings, Inc. will post 6.17 earnings per share for the current fiscal year.

SS&C Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a $0.27 dividend. The ex-dividend date was Monday, June 1st. This represents a $1.08 dividend on an annualized basis and a yield of 1.6%. SS&C Technologies’s dividend payout ratio (DPR) is currently 33.44%.

Analysts Set New Price Targets

Several brokerages recently issued reports on SSNC. Jefferies Financial Group cut their price target on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a research note on Tuesday, April 21st. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Morgan Stanley dropped their price objective on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. DA Davidson reiterated a “buy” rating and set a $96.00 target price on shares of SS&C Technologies in a research report on Monday, April 27th. Finally, Weiss Ratings lowered SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $96.12.

Insider Buying and Selling

In other news, 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 in the company, valued at approximately $5,307,614.24. This represents a 3.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael Jay Zamkow sold 3,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $66.68, for a total value of $200,040.00. Following the sale, the director directly owned 18,404 shares in the company, valued at approximately $1,227,178.72. This trade represents a 14.02% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 8,740 shares of company stock worth $583,576 in the last 90 days. Company insiders own 16.00% of the company’s stock.

SS&C Technologies Company 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.