SS&C Technologies Holdings, Inc. $SSNC Shares Sold by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC lowered its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 22.7% in the third quarter, Holdings Channel reports. The firm owned 124,556 shares of the technology company’s stock after selling 36,593 shares during the period. Kingsview Wealth Management LLC’s holdings in SS&C Technologies were worth $11,056,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. National Pension Service raised its position in shares of SS&C Technologies by 27.2% in the third quarter. National Pension Service now owns 186,824 shares of the technology company’s stock valued at $16,582,000 after buying an additional 39,984 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in SS&C Technologies by 3.0% during the third quarter. Envestnet Asset Management Inc. now owns 767,765 shares of the technology company’s stock worth $68,147,000 after acquiring an additional 22,547 shares during the last quarter. Cibc World Market Inc. purchased a new stake in SS&C Technologies during the 3rd quarter valued at about $1,414,000. Davis Capital Management acquired a new stake in SS&C Technologies in the 3rd quarter valued at about $1,064,000. Finally, North Star Asset Management Inc. raised its holdings in SS&C Technologies by 1.0% in the 2nd quarter. North Star Asset Management Inc. now owns 611,438 shares of the technology company’s stock valued at $50,627,000 after acquiring an additional 6,199 shares during the last quarter. 96.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on SSNC shares. Needham & Company LLC lowered their target price on SS&C Technologies from $105.00 to $95.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Raymond James Financial reissued a “strong-buy” rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. Weiss Ratings restated a “buy (b)” rating on shares of SS&C Technologies in a report on Thursday, January 22nd. Finally, DA Davidson reiterated a “buy” rating and set a $106.00 price target on shares of SS&C Technologies in a report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, SS&C Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $101.00.

SS&C Technologies Trading Down 0.3%

SSNC opened at $75.29 on Monday. The stock has a market capitalization of $18.37 billion, a PE ratio of 23.83 and a beta of 1.17. SS&C Technologies Holdings, Inc. has a one year low of $69.00 and a one year high of $91.07. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.07 and a current ratio of 1.07. The business’s 50 day moving average price is $81.46 and its 200 day moving average price is $84.53.

SS&C Technologies (NASDAQ:SSNC) last posted its earnings results on Thursday, February 5th. The technology company reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.07. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The company had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.62 billion. During the same quarter last year, the firm earned $1.58 earnings per share. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. SS&C Technologies has set its Q1 2026 guidance at 1.620-1.680 EPS and its FY 2026 guidance at 6.700-7.020 EPS. As a group, equities research analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be given a $0.27 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.08 dividend on an annualized basis and a yield of 1.4%. SS&C Technologies’s dividend payout ratio is presently 34.18%.

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.