Seizert Capital Partners LLC Has $40.03 Million Stake in SS&C Technologies Holdings, Inc. $SSNC

Seizert Capital Partners LLC increased its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 18.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 450,970 shares of the technology company’s stock after buying an additional 70,524 shares during the period. SS&C Technologies accounts for 1.7% of Seizert Capital Partners LLC’s holdings, making the stock its 29th largest position. Seizert Capital Partners LLC’s holdings in SS&C Technologies were worth $40,028,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in SSNC. Millennium Management LLC increased its stake in shares of SS&C Technologies by 349.1% in the first quarter. Millennium Management LLC now owns 176,630 shares of the technology company’s stock valued at $14,754,000 after buying an additional 137,301 shares during the period. NewEdge Advisors LLC increased its holdings 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 worth $216,000 after purchasing an additional 2,549 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of SS&C Technologies by 16.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 690,340 shares of the technology company’s stock worth $57,664,000 after buying an additional 97,247 shares during the period. Focus Partners Wealth boosted its holdings in SS&C Technologies by 35.1% in the first quarter. Focus Partners Wealth now owns 9,362 shares of the technology company’s stock worth $782,000 after acquiring an additional 2,431 shares in the last quarter. Finally, IFM Investors Pty Ltd raised its holdings in SS&C Technologies by 0.3% during the second quarter. IFM Investors Pty Ltd now owns 43,256 shares of the technology company’s stock worth $3,582,000 after buying an additional 130 shares during the last quarter. 96.90% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other SS&C Technologies news, Director Normand A. Boulanger sold 150,000 shares of the firm’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $85.85, for a total value of $12,877,500.00. Following 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 position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 16.40% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on SSNC. Raymond James Financial raised their target price on SS&C Technologies from $101.00 to $105.00 and gave the company a “strong-buy” rating in a report on Friday, October 24th. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. UBS Group lifted their price objective on shares of SS&C Technologies from $110.00 to $112.00 and gave the company a “buy” rating in a research note on Friday, October 24th. Jefferies Financial Group upped their price target on SS&C Technologies from $98.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, October 28th. Finally, Royal Bank Of Canada boosted their price target on shares of SS&C Technologies from $97.00 to $99.00 and gave the stock an “outperform” rating in a research note on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $101.75.

SS&C Technologies Stock Performance

SSNC stock opened at $85.41 on Tuesday. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.94. SS&C Technologies Holdings, Inc. has a 12 month low of $69.61 and a 12 month high of $91.07. The firm has a 50 day moving average of $86.42 and a two-hundred day moving average of $86.07. The company has a market capitalization of $20.84 billion, a price-to-earnings ratio of 25.25 and a beta of 1.19.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings results on Thursday, October 23rd. The technology company reported $1.57 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 company’s quarterly revenue was up 7.0% compared to the same quarter last year. 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, equities analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.

SS&C Technologies Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 1.3%. The ex-dividend date was Monday, December 1st. SS&C Technologies’s dividend payout ratio is presently 32.05%.

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.