SS&C Technologies Holdings, Inc. $SSNC Stock Holdings Trimmed by Tredje AP fonden

Tredje AP fonden decreased its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 36.2% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,394 shares of the technology company’s stock after selling 8,747 shares during the quarter. Tredje AP fonden’s holdings in SS&C Technologies were worth $1,366,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank bought a new position in SS&C Technologies in the 2nd quarter valued at about $221,558,000. Sunriver Management LLC acquired a new stake in shares of SS&C Technologies in the 2nd quarter worth approximately $40,104,000. Seizert Capital Partners LLC bought a new position in shares of SS&C Technologies in the second quarter valued at approximately $31,501,000. Swedbank AB boosted its holdings in shares of 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 in the last quarter. Finally, Treasurer of the State of North Carolina increased its stake in shares of SS&C Technologies by 118.0% during the second quarter. Treasurer of the State of North Carolina now owns 478,265 shares of the technology company’s stock valued at $39,600,000 after acquiring an additional 258,878 shares during the period. 96.90% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Weiss Ratings restated a “buy (b)” rating on shares of SS&C Technologies in a research report on Thursday, January 22nd. Jefferies Financial Group upped their price objective on SS&C Technologies from $98.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, October 28th. DA Davidson reaffirmed a “buy” rating and set a $106.00 target price on shares of SS&C Technologies in a research note on Friday, February 6th. Needham & Company LLC dropped their price target on shares of SS&C Technologies from $105.00 to $95.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of SS&C Technologies in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, SS&C Technologies has an average rating of “Moderate Buy” and an average target price of $101.00.

Insider Activity at SS&C Technologies

In other news, Director Normand A. Boulanger sold 150,000 shares of SS&C Technologies stock in a transaction on 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 transaction, the director owned 386,924 shares in the company, valued at approximately $33,217,425.40. The trade was a 27.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 16.40% of the stock is currently owned by company insiders.

SS&C Technologies Price Performance

NASDAQ SSNC opened at $71.38 on Monday. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.94. SS&C Technologies Holdings, Inc. has a 1 year low of $69.61 and a 1 year high of $91.07. The company has a market cap of $17.42 billion, a PE ratio of 22.59 and a beta of 1.17. The stock’s 50-day moving average price is $82.89 and its two-hundred day moving average price is $85.02.

SS&C Technologies (NASDAQ:SSNC) last released its earnings results on Thursday, February 5th. The technology company reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.07. The business had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.62 billion. SS&C Technologies had a net margin of 12.70% and a return on equity of 19.60%. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period last year, the firm posted $1.58 earnings per share. SS&C Technologies has set its Q1 2026 guidance at 1.620-1.680 EPS and its FY 2026 guidance at 6.700-7.020 EPS. On average, analysts predict that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be issued a $0.27 dividend. The ex-dividend date is Monday, March 2nd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.5%. SS&C Technologies’s dividend payout ratio is presently 34.18%.

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.