SS&C Technologies Holdings, Inc. $SSNC Shares Acquired by Snyder Capital Management L P

Snyder Capital Management L P increased its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) by 16.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,897,892 shares of the technology company’s stock after purchasing an additional 274,748 shares during the quarter. SS&C Technologies accounts for approximately 3.2% of Snyder Capital Management L P’s investment portfolio, making the stock its 6th largest position. Snyder Capital Management L P’s holdings in SS&C Technologies were worth $168,457,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of SSNC. Dimensional Fund Advisors LP lifted its holdings in shares of SS&C Technologies by 1.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,979,431 shares of the technology company’s stock worth $264,435,000 after acquiring an additional 50,757 shares during the period. Cresset Asset Management LLC raised its position in SS&C Technologies by 2.3% during the third quarter. Cresset Asset Management LLC now owns 265,438 shares of the technology company’s stock valued at $23,560,000 after purchasing an additional 6,041 shares in the last quarter. Legato Capital Management LLC lifted its stake in SS&C Technologies by 18.4% during the third quarter. Legato Capital Management LLC now owns 22,230 shares of the technology company’s stock worth $1,973,000 after purchasing an additional 3,458 shares during the last quarter. CI Investments Inc. boosted its holdings in shares of SS&C Technologies by 4.0% in the 3rd quarter. CI Investments Inc. now owns 4,929 shares of the technology company’s stock valued at $438,000 after purchasing an additional 188 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC boosted its holdings in shares of SS&C Technologies by 25.1% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 10,377 shares of the technology company’s stock valued at $889,000 after purchasing an additional 2,083 shares in the last quarter. 96.90% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. DA Davidson reissued a “buy” rating and set a $106.00 price target on shares of SS&C Technologies in a report on Friday, February 6th. Raymond James Financial reissued a “strong-buy” rating on shares of SS&C Technologies in a report on Wednesday, January 21st. Needham & Company LLC reduced 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 note on Friday, February 6th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of SS&C Technologies in a research report on Thursday, January 22nd. One 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, the company currently has an average rating of “Moderate Buy” and an average price target of $101.00.

Check Out Our Latest Report on SS&C Technologies

SS&C Technologies Trading Up 0.6%

Shares of NASDAQ SSNC opened at $75.20 on Thursday. The firm has a 50 day moving average price of $80.62 and a two-hundred day moving average price of $84.30. The stock has a market cap of $18.16 billion, a P/E ratio of 23.80 and a beta of 1.18. SS&C Technologies Holdings, Inc. has a 52-week low of $69.00 and a 52-week high of $91.07. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.07 and a current ratio of 1.07.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last issued its quarterly earnings data 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 company had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.62 billion. SS&C Technologies had a net margin of 12.70% and a return on equity of 19.60%. SS&C Technologies’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the previous 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. As a group, equities analysts forecast that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, March 2nd. SS&C Technologies’s dividend payout ratio (DPR) is 34.18%.

About SS&C Technologies

(Free Report)

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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Institutional Ownership by Quarter for SS&C Technologies (NASDAQ:SSNC)

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