Sanctuary Advisors LLC Invests $977,000 in SS&C Technologies Holdings, Inc. $SSNC

Sanctuary Advisors LLC bought a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 15,738 shares of the technology company’s stock, valued at approximately $977,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SSNC. AXA S.A. raised its holdings in shares of SS&C Technologies by 1.4% during the 2nd quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock worth $776,000 after acquiring an additional 130 shares in the last quarter. Cullen Frost Bankers Inc. increased its position in SS&C Technologies by 0.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 17,271 shares of the technology company’s stock worth $1,510,000 after purchasing an additional 142 shares during the last quarter. AlphaCore Capital LLC increased its position in SS&C Technologies by 3.5% in the fourth quarter. AlphaCore Capital LLC now owns 4,507 shares of the technology company’s stock worth $394,000 after purchasing an additional 154 shares during the last quarter. 1620 Investment Advisors Inc. increased its holdings in shares of SS&C Technologies by 10.3% in the 4th quarter. 1620 Investment Advisors Inc. now owns 1,711 shares of the technology company’s stock worth $150,000 after buying an additional 160 shares during the last quarter. Finally, Laird Norton Wetherby Wealth Management LLC increased its holdings in shares of SS&C Technologies by 2.5% in the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 6,503 shares of the technology company’s stock worth $577,000 after buying an additional 160 shares during the last quarter. 96.90% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on SSNC shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $90.00 price target on shares of SS&C Technologies in a report on Friday, July 24th. DA Davidson reissued a “buy” rating and set a $96.00 price objective on shares of SS&C Technologies in a research note on Monday, July 27th. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Royal Bank Of Canada raised their price objective on SS&C Technologies from $89.00 to $92.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. Finally, UBS Group reissued a “buy” rating and set a $99.00 target price on shares of SS&C Technologies in a research report on Thursday, August 13th. One investment 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’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $91.25.

SS&C Technologies Trading Up 0.5%

SSNC opened at $83.47 on Friday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.06. The stock’s 50 day moving average price is $73.13 and its 200-day moving average price is $70.95. SS&C Technologies Holdings, Inc. has a one year low of $61.40 and a one year high of $90.26. The stock has a market cap of $19.59 billion, a price-to-earnings ratio of 23.99 and a beta of 1.07.

SS&C Technologies (NASDAQ:SSNC) last posted 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 company had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.66 billion. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%.SS&C Technologies’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.45 EPS. 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, equities analysts forecast that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current year.

SS&C Technologies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.30 per share. This is an increase from SS&C Technologies’s previous quarterly dividend of $0.27. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, September 1st. SS&C Technologies’s payout ratio is presently 31.03%.

SS&C Technologies Company 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.