UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Free Report) by 3.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,135,179 shares of the technology company’s stock after selling 42,908 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.48% of SS&C Technologies worth $70,438,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of SSNC. Jones Financial Companies Lllp purchased a new stake in shares of SS&C Technologies in the 2nd quarter worth about $25,000. Havemeyer Place LP acquired a new stake in SS&C Technologies during the fourth quarter worth approximately $26,000. EFG International AG purchased a new stake in shares of SS&C Technologies in the fourth quarter valued at $29,000. Osterweis Capital Management Inc. purchased a new stake in SS&C Technologies in the 2nd quarter valued at about $40,000. Finally, Fifth Third Bancorp raised its stake in SS&C Technologies by 216.4% during the fourth quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after purchasing an additional 329 shares during the period. 96.90% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of analysts recently issued reports on the stock. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Needham & Company LLC restated a “buy” rating and set a $90.00 price objective on shares of SS&C Technologies in a research note on Friday, July 24th. JPMorgan Chase & Co. dropped their price target on shares of SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating for the company in a research note on Monday, July 20th. Weiss Ratings raised SS&C Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 19th. Finally, UBS Group reissued a “buy” rating and set a $99.00 target price on shares of SS&C Technologies in a report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $92.38.
SS&C Technologies Stock Up 0.8%
Shares of SSNC stock opened at $82.55 on Thursday. 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 business’s fifty day moving average is $74.50 and its 200-day moving average is $71.20. SS&C Technologies Holdings, Inc. has a 1 year low of $61.40 and a 1 year high of $90.26. The stock has a market cap of $19.37 billion, a PE ratio of 23.72 and a beta of 1.09.
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates 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 company had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the prior year, the company earned $1.45 EPS. SS&C Technologies’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. Equities 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 announced 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. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.5%. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Tuesday, September 1st. SS&C Technologies’s payout ratio is presently 34.48%.
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.
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