one8zero8 LLC Purchases Shares of 6,960 SS&C Technologies Holdings, Inc. $SSNC

one8zero8 LLC purchased a new stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 6,960 shares of the technology company’s stock, valued at approximately $432,000.

Several other institutional investors also recently modified their holdings of the stock. Teacher Retirement System of Texas grew its position in SS&C Technologies by 374.3% in the fourth quarter. Teacher Retirement System of Texas now owns 137,799 shares of the technology company’s stock worth $12,046,000 after acquiring an additional 108,746 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in SS&C Technologies by 8.1% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 217,237 shares of the technology company’s stock valued at $18,628,000 after purchasing an additional 16,278 shares in the last quarter. Kepler Cheuvreux Suisse SA raised its position in SS&C Technologies by 29.4% during the fourth quarter. Kepler Cheuvreux Suisse SA now owns 121,773 shares of the technology company’s stock valued at $10,645,000 after purchasing an additional 27,686 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its stake in SS&C Technologies by 122.7% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 41,976 shares of the technology company’s stock worth $3,670,000 after purchasing an additional 23,125 shares during the last quarter. Finally, Skylands Capital LLC lifted its stake in SS&C Technologies by 71.6% during the first quarter. Skylands Capital LLC now owns 138,475 shares of the technology company’s stock worth $9,357,000 after purchasing an additional 57,775 shares during the last quarter. 96.90% of the stock is currently owned by institutional investors.

SS&C Technologies Trading Up 2.2%

Shares of SSNC opened at $82.28 on Thursday. The stock has a market capitalization of $19.31 billion, a P/E ratio of 23.64 and a beta of 1.07. SS&C Technologies Holdings, Inc. has a twelve month low of $61.40 and a twelve month high of $91.07. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.09. The firm has a fifty day simple moving average of $71.23 and a two-hundred day simple moving average of $70.71.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings data 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 firm had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.66 billion. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.45 earnings per share. 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. On average, research analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current year.

SS&C Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be issued a dividend of $0.30 per share. The ex-dividend date is Tuesday, September 1st. This represents a $1.20 dividend on an annualized basis and a yield of 1.5%. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.27. SS&C Technologies’s dividend payout ratio (DPR) is presently 31.03%.

Analysts Set New Price Targets

Several brokerages have recently commented on SSNC. Morgan Stanley reduced their price objective on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. UBS Group reaffirmed a “buy” rating and issued a $99.00 target price on shares of SS&C Technologies in a research note on Thursday, August 13th. DA Davidson reiterated a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a research report on Monday, July 27th. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Finally, Royal Bank Of Canada boosted their price objective on shares of SS&C Technologies from $89.00 to $92.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, SS&C Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $91.25.

Insider Buying and Selling

In other SS&C Technologies news, Director Michael Jay Zamkow sold 3,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $66.68, for a total value of $200,040.00. Following the completion of the sale, the director owned 18,404 shares in the company, valued at approximately $1,227,178.72. This trade represents a 14.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 16.00% of the stock is owned by insiders.

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.