Cibc World Market Inc. Acquires New Stake in SS&C Technologies Holdings, Inc. $SSNC

Cibc World Market Inc. bought a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 9,116 shares of the technology company’s stock, valued at approximately $566,000.

Other large investors have also recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of SS&C Technologies by 8.1% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 217,237 shares of the technology company’s stock worth $18,628,000 after acquiring an additional 16,278 shares in the last quarter. Kepler Cheuvreux Suisse SA lifted its holdings in shares of SS&C Technologies by 29.4% during the 4th quarter. Kepler Cheuvreux Suisse SA now owns 121,773 shares of the technology company’s stock valued at $10,645,000 after acquiring an additional 27,686 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its position in SS&C Technologies by 122.7% during the 4th 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 period. Skylands Capital LLC increased its holdings in SS&C Technologies by 71.6% in the 1st quarter. Skylands Capital LLC now owns 138,475 shares of the technology company’s stock valued at $9,357,000 after purchasing an additional 57,775 shares in the last quarter. Finally, Hussman Strategic Advisors Inc. acquired a new stake in SS&C Technologies in the 4th quarter valued at $2,203,000. Institutional investors own 96.90% of the company’s stock.

SS&C Technologies Stock Performance

NASDAQ:SSNC opened at $83.42 on Friday. The firm has a 50-day moving average of $73.49 and a two-hundred day moving average of $71.04. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a market cap of $19.57 billion, a P/E ratio of 23.97 and a beta of 1.07. SS&C Technologies Holdings, Inc. has a 1-year low of $61.40 and a 1-year high of $90.26.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings results on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.68 by $0.08. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%.The business had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter in the previous year, the firm posted $1.45 earnings per share. The company’s revenue was up 10.3% compared to the same quarter last year. 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 expect that SS&C Technologies Holdings, Inc. will post 6.28 earnings per share for the current fiscal year.

SS&C Technologies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This is a positive change from SS&C Technologies’s previous quarterly dividend of $0.27. This represents a $1.20 annualized dividend and a dividend yield of 1.4%. SS&C Technologies’s dividend payout ratio is 34.48%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. DA Davidson reiterated a “buy” rating and set a $96.00 target price on shares of SS&C Technologies in a report on Monday, July 27th. Weiss Ratings raised SS&C Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 19th. Royal Bank Of Canada upped their price target on SS&C Technologies from $89.00 to $92.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. Finally, UBS Group reaffirmed a “buy” rating and issued a $99.00 price objective on shares of SS&C Technologies in a research report on Thursday, August 13th. One research 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. According to MarketBeat.com, SS&C Technologies has a consensus rating of “Moderate Buy” and an average target price of $91.25.

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.