Russell Investments Group Ltd. Has $63.73 Million Stock Position in SS&C Technologies Holdings, Inc. $SSNC

Russell Investments Group Ltd. increased its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 12.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 718,140 shares of the technology company’s stock after acquiring an additional 80,250 shares during the period. Russell Investments Group Ltd.’s holdings in SS&C Technologies were worth $63,726,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Millennium Management LLC increased its position in shares of SS&C Technologies by 349.1% during the 1st quarter. Millennium Management LLC now owns 176,630 shares of the technology company’s stock worth $14,754,000 after purchasing an additional 137,301 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of SS&C Technologies by 6,069.0% in the 1st quarter. NewEdge Advisors LLC now owns 2,591 shares of the technology company’s stock valued at $216,000 after buying an additional 2,549 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of SS&C Technologies by 16.4% in the first quarter. Goldman Sachs Group Inc. now owns 690,340 shares of the technology company’s stock valued at $57,664,000 after buying an additional 97,247 shares in the last quarter. Focus Partners Wealth grew its stake in shares of SS&C Technologies by 35.1% in the first quarter. Focus Partners Wealth now owns 9,362 shares of the technology company’s stock valued at $782,000 after buying an additional 2,431 shares in the last quarter. Finally, Penserra Capital Management LLC increased its holdings in SS&C Technologies by 12.7% during the second quarter. Penserra Capital Management LLC now owns 1,164 shares of the technology company’s stock worth $96,000 after buying an additional 131 shares during the last quarter. 96.90% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on SSNC. DA Davidson reaffirmed a “buy” rating and set a $106.00 price target on shares of SS&C Technologies in a research report on Friday, February 6th. Needham & Company LLC decreased their price objective on shares of SS&C Technologies from $105.00 to $95.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Raymond James Financial restated a “strong-buy” rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of SS&C Technologies in a report on Thursday, January 22nd. One equities research 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 data from MarketBeat.com, SS&C Technologies currently has an average rating of “Moderate Buy” and an average price target of $101.00.

SS&C Technologies Stock Performance

Shares of NASDAQ SSNC opened at $73.67 on Wednesday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.07. The company has a market capitalization of $17.79 billion, a P/E ratio of 23.31 and a beta of 1.18. SS&C Technologies Holdings, Inc. has a 12 month low of $69.00 and a 12 month high of $91.07. The stock has a 50 day moving average of $79.47 and a 200-day moving average of $83.89.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings results on Thursday, February 5th. The technology company reported $1.69 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.62 billion. During the same quarter in the prior year, the business earned $1.58 EPS. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. 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 predict that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders 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 annualized dividend and a dividend yield of 1.5%. SS&C Technologies’s dividend 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.