66,700 Shares in SS&C Technologies Holdings, Inc. $SSNC Acquired by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 66,700 shares of the technology company’s stock, valued at approximately $4,139,000.

Other hedge funds have also recently made changes to their positions in the company. Millennium Management LLC grew its position in SS&C Technologies by 349.1% during the first quarter. Millennium Management LLC now owns 176,630 shares of the technology company’s stock worth $14,754,000 after buying an additional 137,301 shares in the last quarter. NewEdge Advisors LLC increased its stake in SS&C Technologies by 6,069.0% in the first quarter. NewEdge Advisors LLC now owns 2,591 shares of the technology company’s stock valued at $216,000 after acquiring an additional 2,549 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of SS&C Technologies by 16.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 690,340 shares of the technology company’s stock worth $57,664,000 after purchasing an additional 97,247 shares in the last quarter. Focus Partners Wealth increased its position in shares of SS&C Technologies by 35.1% during the 1st quarter. Focus Partners Wealth now owns 9,362 shares of the technology company’s stock valued at $782,000 after purchasing an additional 2,431 shares during the last quarter. Finally, Invesco Ltd. lifted its position in SS&C Technologies by 17.9% in the 2nd quarter. Invesco Ltd. now owns 569,693 shares of the technology company’s stock worth $47,171,000 after buying an additional 86,606 shares during the last quarter. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

SS&C Technologies Stock Performance

Shares of SSNC stock opened at $83.42 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. SS&C Technologies Holdings, Inc. has a fifty-two week low of $61.40 and a fifty-two week high of $90.26. The stock has a 50 day moving average price of $73.49 and a two-hundred day moving average price of $71.04. The company has a market capitalization of $19.57 billion, a P/E ratio of 23.97 and a beta of 1.07.

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

SS&C Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a $0.30 dividend. The ex-dividend date 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 dividend on an annualized basis and a dividend yield of 1.4%. SS&C Technologies’s dividend payout ratio is presently 34.48%.

Wall Street Analyst Weigh In

A number of research analysts have commented on SSNC shares. UBS Group reiterated a “buy” rating and set a $99.00 price target on shares of SS&C Technologies in a research report on Thursday, August 13th. Weiss Ratings raised shares of SS&C Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 19th. Jefferies Financial Group decreased their target price on shares of SS&C Technologies from $92.00 to $83.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. Royal Bank Of Canada boosted their price target on shares of SS&C Technologies from $89.00 to $92.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. Finally, DA Davidson restated a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a research report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, SS&C Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $91.25.

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.