Korea Investment CORP Buys 37,904 Shares of SS&C Technologies Holdings, Inc. $SSNC

Korea Investment CORP lifted its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 12.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 342,492 shares of the technology company’s stock after purchasing an additional 37,904 shares during the period. Korea Investment CORP owned 0.14% of SS&C Technologies worth $30,400,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Caldwell Trust Co bought a new position in SS&C Technologies during the second quarter valued at $27,000. Quent Capital LLC bought a new stake in shares of SS&C Technologies in the third quarter valued at $39,000. Cornerstone Planning Group LLC raised its stake in shares of SS&C Technologies by 1,890.9% in the third quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock valued at $39,000 after buying an additional 416 shares during the period. Osterweis Capital Management Inc. purchased a new position in shares of SS&C Technologies during the 2nd quarter valued at $40,000. Finally, Root Financial Partners LLC bought a new position in shares of SS&C Technologies during the 3rd quarter worth $42,000. Institutional investors own 96.90% of the company’s stock.

Wall Street Analyst Weigh In

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

SS&C Technologies Stock Performance

NASDAQ SSNC opened at $74.40 on Tuesday. SS&C Technologies Holdings, Inc. has a 1 year low of $69.00 and a 1 year high of $91.07. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a market capitalization of $17.97 billion, a PE ratio of 23.54 and a beta of 1.18. The company’s 50 day simple moving average is $79.77 and its two-hundred day simple moving average is $84.00.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings results on Thursday, February 5th. The technology company reported $1.69 EPS for the quarter, beating analysts’ consensus estimates of $1.62 by $0.07. The firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.62 billion. SS&C Technologies had a net margin of 12.70% and a return on equity of 19.60%. The business’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.58 EPS. 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. Analysts predict that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, March 2nd. SS&C Technologies’s payout ratio is presently 34.18%.

About SS&C Technologies

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.