Corient Private Wealth LP Purchases New Shares in SS&C Technologies Holdings, Inc. $SSNC

Corient Private Wealth LP acquired a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 24,156 shares of the technology company’s stock, valued at approximately $1,499,000.

A number of other institutional investors have also recently bought and sold shares of SSNC. Jones Financial Companies Lllp acquired a new position in shares of SS&C Technologies during the 2nd quarter worth approximately $25,000. Havemeyer Place LP acquired a new stake in shares of SS&C Technologies in the fourth quarter valued at approximately $26,000. EFG International AG bought a new stake in shares of SS&C Technologies in the fourth quarter valued at approximately $29,000. Osterweis Capital Management Inc. bought a new stake in shares of SS&C Technologies in the second quarter valued at approximately $40,000. Finally, Fifth Third Bancorp grew its position 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 buying an additional 329 shares in the last quarter. Institutional investors own 96.90% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. JPMorgan Chase & Co. cut their target price on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating for the company in a research report on Monday, July 20th. DA Davidson reissued a “buy” rating and set a $96.00 target price on shares of SS&C Technologies in a report on Monday, July 27th. Needham & Company LLC restated a “buy” rating and issued a $90.00 price target on shares of SS&C Technologies in a research report on Friday, July 24th. Finally, Royal Bank Of Canada boosted their price target on SS&C Technologies from $92.00 to $101.00 and gave the company an “outperform” rating in a research note on Monday. One research 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. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $92.38.

SS&C Technologies Trading Up 2.5%

Shares of SS&C Technologies stock opened at $84.63 on Friday. The firm’s 50 day moving average is $74.93 and its 200 day moving average is $71.29. The firm has a market capitalization of $19.86 billion, a PE ratio of 24.32 and a beta of 1.09. SS&C Technologies Holdings, Inc. has a 1 year low of $61.40 and a 1 year high of $90.26. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09.

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, beating the consensus estimate of $1.68 by $0.08. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The business had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same quarter in the prior year, the firm earned $1.45 EPS. The firm’s 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. Equities research analysts forecast that SS&C Technologies Holdings, Inc. will post 6.28 earnings per share for the current fiscal year.

SS&C Technologies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Tuesday, September 1st. This is a positive change from SS&C Technologies’s previous quarterly dividend of $0.27. SS&C Technologies’s dividend payout ratio is currently 34.48%.

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.