SEB Asset Management AB Takes Position in SS&C Technologies Holdings, Inc. $SSNC

SEB Asset Management AB purchased a new stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the 1st quarter, Holdings Channel reports. The fund purchased 437,517 shares of the technology company’s stock, valued at approximately $29,563,000.

A number of other institutional investors have also added to or reduced their stakes in SSNC. AXA S.A. lifted 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 valued at $776,000 after purchasing an additional 130 shares during the last quarter. Private Trust Co. NA raised its position in shares of SS&C Technologies by 36.0% during the fourth quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock worth $44,000 after acquiring an additional 133 shares during the last quarter. Signaturefd LLC lifted its position in shares of SS&C Technologies by 3.9% in 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 during the period. Cullen Frost Bankers Inc. lifted its holdings in SS&C Technologies by 0.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 17,271 shares of the technology company’s stock valued at $1,510,000 after buying an additional 142 shares during the period. Finally, Allworth Financial LP lifted its stake in shares of SS&C Technologies by 6.9% in the 3rd quarter. Allworth Financial LP now owns 2,312 shares of the technology company’s stock valued at $205,000 after purchasing an additional 150 shares during the period. 96.90% of the stock is currently owned by institutional investors and hedge funds.

SS&C Technologies Price Performance

SS&C Technologies stock opened at $69.56 on Monday. The firm has a market capitalization of $16.75 billion, a price-to-earnings ratio of 21.54 and a beta of 1.11. The firm’s fifty day moving average price is $66.63 and its two-hundred day moving average price is $72.18. SS&C Technologies Holdings, Inc. has a 1-year low of $61.40 and a 1-year high of $91.07. 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 (NASDAQ:SSNC) last posted its earnings results on Thursday, April 23rd. The technology company reported $1.69 EPS for the quarter, topping the consensus estimate of $1.65 by $0.04. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The company had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the previous year, the firm posted $1.44 earnings per share. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. On average, equities research analysts predict that SS&C Technologies Holdings, Inc. will post 6.17 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

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

Analyst Upgrades and Downgrades

SSNC has been the topic of a number of research reports. Weiss Ratings downgraded shares of SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. Morgan Stanley decreased their target price on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a research report on Friday, April 24th. Jefferies Financial Group dropped their price target on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating on the stock 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 report on Saturday, May 16th. Finally, UBS Group boosted their price objective on SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, SS&C Technologies has a consensus rating of “Moderate Buy” and an average price target of $96.12.

Insider Activity at SS&C Technologies

In other news, Director Michael Jay Zamkow sold 3,000 shares of the stock in a transaction that occurred 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 sale, the director directly owned 18,404 shares of the company’s stock, valued at $1,227,178.72. This represents a 14.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jonathan E. Michael sold 2,740 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total value of $183,196.40. Following the completion of the transaction, the director owned 79,384 shares in the company, valued at $5,307,614.24. This represents a 3.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over 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.

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.