Meiji Yasuda Asset Management Co Ltd. Makes New $3.27 Million Investment in SS&C Technologies Holdings, Inc. $SSNC

Meiji Yasuda Asset Management Co Ltd. bought a new stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 52,703 shares of the technology company’s stock, valued at approximately $3,270,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in SS&C Technologies by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 20,532,012 shares of the technology company’s stock worth $1,794,908,000 after acquiring an additional 74,170 shares in the last quarter. BlackRock Inc. bought a new position in shares of SS&C Technologies during the second quarter valued at approximately $1,043,987,000. Pzena Investment Management LLC purchased a new position in SS&C Technologies during the second quarter valued at approximately $684,819,000. State Street Corp raised its stake in SS&C Technologies by 2.1% in the fourth quarter. State Street Corp now owns 6,064,115 shares of the technology company’s stock worth $530,125,000 after buying an additional 125,580 shares in the last quarter. Finally, Bank of Montreal Can lifted its holdings in SS&C Technologies by 4,424.6% during the fourth quarter. Bank of Montreal Can now owns 5,126,190 shares of the technology company’s stock worth $448,132,000 after buying an additional 5,012,893 shares during the period. Institutional investors own 96.90% of the company’s stock.

SS&C Technologies Stock Up 0.7%

SSNC stock opened at $83.54 on Tuesday. The firm has a 50 day moving average of $72.14 and a 200 day moving average of $70.79. The stock has a market capitalization of $19.60 billion, a PE ratio of 24.01 and a beta of 1.07. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.09. SS&C Technologies Holdings, Inc. has a 52 week low of $61.40 and a 52 week high of $90.81.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.08. The business had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.66 billion. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. SS&C Technologies’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.45 EPS. 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. Sell-side analysts forecast that SS&C Technologies Holdings, Inc. will post 6.28 earnings per share for the current year.

SS&C Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a positive change from SS&C Technologies’s previous quarterly dividend of $0.27. SS&C Technologies’s payout ratio is currently 31.03%.

Analyst Upgrades and Downgrades

SSNC has been the subject of several recent research reports. DA Davidson reissued a “buy” rating and issued a $96.00 price target on shares of SS&C Technologies in a research report on Monday, July 27th. UBS Group reissued a “buy” rating and set a $99.00 price target on shares of SS&C Technologies in a research report on Thursday, August 13th. Weiss Ratings upgraded shares of SS&C Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 19th. JPMorgan Chase & Co. reduced their price objective on shares of SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating for the company in a research note on Monday, July 20th. Finally, Jefferies Financial Group lowered their target price on shares of SS&C Technologies from $92.00 to $83.00 and set a “buy” rating for the company in a research note on Monday, July 20th. One 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 stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $91.25.

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.