UNIVEST FINANCIAL Corp Buys Shares of 11,658 SS&C Technologies Holdings, Inc. $SSNC

UNIVEST FINANCIAL Corp bought a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,658 shares of the technology company’s stock, valued at approximately $723,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Auxano Advisors LLC purchased a new position in shares of SS&C Technologies during the second quarter valued at $619,000. BlackRock Inc. purchased a new stake in SS&C Technologies in the 2nd quarter worth about $1,043,987,000. Pallas Capital Advisors LLC acquired a new stake in SS&C Technologies during the 2nd quarter worth about $640,000. Deutsche Bank AG acquired a new stake in SS&C Technologies during the 2nd quarter worth about $49,838,000. Finally, Trust Co. of Vermont purchased a new position in SS&C Technologies during the 2nd quarter valued at about $267,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on SSNC. Morgan Stanley dropped their target price on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. JPMorgan Chase & Co. decreased their target price 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. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of SS&C Technologies in a report on Wednesday, August 5th. Finally, UBS Group restated a “buy” rating and issued a $99.00 target price on shares of SS&C Technologies in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $91.25.

SS&C Technologies Trading Down 2.1%

Shares of SSNC stock opened at $79.80 on Tuesday. SS&C Technologies Holdings, Inc. has a 12 month low of $61.40 and a 12 month high of $91.07. The company has a market cap of $18.73 billion, a PE ratio of 22.93 and a beta of 1.07. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.09. The business’s 50 day moving average is $70.71 and its two-hundred day moving average is $70.74.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share (EPS) 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 analysts’ expectations of $1.66 billion. During the same period in the prior year, the company earned $1.45 earnings per share. The business’s quarterly revenue was up 10.3% compared to the same quarter last year. 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 predict that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current year.

SS&C Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a $0.27 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.08 annualized dividend and a yield of 1.4%. SS&C Technologies’s dividend payout ratio is 31.03%.

Insider Buying and Selling

In related news, Director Michael Jay Zamkow sold 3,000 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $66.68, for a total value of $200,040.00. Following the completion of the transaction, the director directly owned 18,404 shares in the company, valued at approximately $1,227,178.72. This represents a 14.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jonathan E. Michael sold 2,740 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total value of $183,196.40. Following the completion of the transaction, the director directly owned 79,384 shares of the company’s stock, valued at approximately $5,307,614.24. This trade represents a 3.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 8,740 shares of company stock valued at $583,576 in the last quarter. Corporate insiders own 16.00% of the company’s stock.

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.