Tectonic Advisors LLC Increases Stake in SS&C Technologies Holdings, Inc. $SSNC

Tectonic Advisors LLC increased its stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 97.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,317 shares of the technology company’s stock after acquiring an additional 7,569 shares during the period. Tectonic Advisors LLC’s holdings in SS&C Technologies were worth $1,360,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in SS&C Technologies by 0.8% during the second quarter. Vanguard Group Inc. now owns 20,567,287 shares of the technology company’s stock worth $1,702,971,000 after purchasing an additional 165,821 shares during the period. Pzena Investment Management LLC increased its holdings in shares of SS&C Technologies by 0.4% during the 2nd quarter. Pzena Investment Management LLC now owns 10,460,579 shares of the technology company’s stock worth $866,136,000 after buying an additional 37,134 shares during the last quarter. Burgundy Asset Management Ltd. raised its position in shares of SS&C Technologies by 1.0% in the 2nd quarter. Burgundy Asset Management Ltd. now owns 5,239,571 shares of the technology company’s stock worth $433,836,000 after buying an additional 53,264 shares during the period. Geode Capital Management LLC boosted its holdings in SS&C Technologies by 0.4% in the second quarter. Geode Capital Management LLC now owns 3,715,723 shares of the technology company’s stock valued at $306,639,000 after acquiring an additional 14,789 shares during the last quarter. Finally, Swedbank AB boosted its holdings in SS&C Technologies by 8.5% in the third quarter. Swedbank AB now owns 3,710,333 shares of the technology company’s stock valued at $329,329,000 after acquiring an additional 290,679 shares during the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

Insiders Place Their Bets

In other news, Director Normand A. Boulanger sold 150,000 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $85.85, for a total transaction of $12,877,500.00. Following the completion of the sale, the director directly owned 386,924 shares in the company, valued at $33,217,425.40. This trade represents a 27.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 16.40% of the stock is currently owned by insiders.

SS&C Technologies Stock Performance

SS&C Technologies stock opened at $85.75 on Friday. The firm has a market capitalization of $20.93 billion, a PE ratio of 25.45 and a beta of 1.19. SS&C Technologies Holdings, Inc. has a one year low of $69.61 and a one year high of $91.07. The stock’s 50 day moving average price is $85.95 and its 200 day moving average price is $85.58. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.12 and a current ratio of 1.12.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings data on Thursday, October 23rd. The technology company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.10. The company had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.55 billion. SS&C Technologies had a net margin of 13.86% and a return on equity of 19.80%. The business’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.29 earnings per share. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS and its FY 2025 guidance at 6.020-6.080 EPS. As a group, sell-side analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.

SS&C Technologies Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were issued a $0.27 dividend. The ex-dividend date was Monday, December 1st. This represents a $1.08 dividend on an annualized basis and a yield of 1.3%. SS&C Technologies’s payout ratio is currently 32.05%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on SSNC shares. Royal Bank Of Canada raised their price objective on SS&C Technologies from $97.00 to $99.00 and gave the stock an “outperform” rating in a report on Friday, October 24th. UBS Group increased their target price on shares of SS&C Technologies from $110.00 to $112.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. Morgan Stanley lifted their price target on shares of SS&C Technologies from $88.00 to $92.00 and gave the company an “equal weight” rating in a research report on Friday, October 24th. Wall Street Zen upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. Finally, DA Davidson set a $102.00 target price on shares of SS&C Technologies in a research note on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $101.75.

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.