Denali Advisors LLC Buys New Position in SS&C Technologies Holdings, Inc. $SSNC

Denali Advisors LLC bought a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,000 shares of the technology company’s stock, valued at approximately $434,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Havemeyer Place LP acquired a new stake in shares of SS&C Technologies during the 4th quarter worth approximately $26,000. EFG International AG acquired a new position in shares of SS&C Technologies during the 4th quarter valued at $29,000. Osterweis Capital Management Inc. bought a new position in SS&C Technologies during the second quarter worth $40,000. Fifth Third Bancorp boosted its stake in SS&C Technologies by 216.4% during the fourth quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after acquiring an additional 329 shares in the last quarter. Finally, Private Trust Co. NA grew its holdings in SS&C Technologies by 36.0% in the fourth quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock worth $44,000 after purchasing an additional 133 shares during the period. 96.90% of the stock is owned by institutional investors and hedge funds.

SS&C Technologies Price Performance

SSNC stock opened at $82.12 on Friday. The company has a market capitalization of $19.27 billion, a P/E ratio of 23.60 and a beta of 1.07. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.06. SS&C Technologies Holdings, Inc. has a 52-week low of $61.40 and a 52-week high of $91.07. The business has a 50-day simple moving average of $71.52 and a two-hundred day simple moving average of $70.71.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.68 by $0.08. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%.The firm had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the prior year, the business posted $1.45 earnings per share. The company’s quarterly revenue was up 10.3% compared to the same quarter last year. SS&C Technologies has set its FY 2026 guidance at 6.930-7.250 EPS and its Q3 2026 guidance at 1.730-1.790 EPS. Research analysts expect that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current fiscal year.

SS&C Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $1.20 dividend on an annualized basis and a yield of 1.5%. This is a positive change from SS&C Technologies’s previous quarterly dividend of $0.27. SS&C Technologies’s payout ratio is presently 31.03%.

Analyst Ratings Changes

A number of research firms have recently issued reports on SSNC. Needham & Company LLC reissued a “buy” rating and set a $90.00 price objective on shares of SS&C Technologies in a research report on Friday, July 24th. JPMorgan Chase & Co. cut their price target on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating on the stock in a report on Monday, July 20th. UBS Group reissued a “buy” rating and issued a $99.00 price objective on shares of SS&C Technologies in a research note on Thursday, August 13th. Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Finally, Jefferies Financial Group cut their target price on SS&C Technologies from $92.00 to $83.00 and set a “buy” rating on the stock in a report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $91.25.

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.