Tectonic Advisors LLC increased its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Free Report) by 16.7% during the third quarter, HoldingsChannel.com reports. The firm owned 126,683 shares of the technology company’s stock after acquiring an additional 18,127 shares during the quarter. Tectonic Advisors LLC’s holdings in SS&C Technologies were worth $9,763,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of the company. ZWJ Investment Counsel Inc. lifted its stake in shares of SS&C Technologies by 6.7% in the third quarter. ZWJ Investment Counsel Inc. now owns 495,122 shares of the technology company’s stock worth $38,159,000 after buying an additional 30,907 shares in the last quarter. Skylands Capital LLC increased its position in shares of SS&C Technologies by 71.6% during the first quarter. Skylands Capital LLC now owns 138,475 shares of the technology company’s stock valued at $9,357,000 after acquiring an additional 57,775 shares in the last quarter. Andra AP fonden increased its position in shares of SS&C Technologies by 56.9% during the second quarter. Andra AP fonden now owns 331,000 shares of the technology company’s stock valued at $20,539,000 after acquiring an additional 120,100 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of SS&C Technologies during the second quarter valued at approximately $15,709,000. Finally, GSA Capital Partners LLP purchased a new position in SS&C Technologies in the 2nd quarter worth approximately $1,380,000. 96.90% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the company. DA Davidson upped their price objective on SS&C Technologies from $96.00 to $104.00 and gave the company a “buy” rating in a research report on Thursday. Evercore upgraded SS&C Technologies to an “outperform” rating in a research note on Friday. Weiss Ratings raised SS&C Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, September 25th. Zacks Research cut SS&C Technologies from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Finally, UBS Group reaffirmed a “buy” rating on shares of SS&C Technologies in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, SS&C Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $96.57.
Read Our Latest Stock Report on SSNC
SS&C Technologies Stock Performance
Shares of NASDAQ SSNC traded down $6.58 during trading on Friday, reaching $82.96. 2,508,662 shares of the company traded hands, compared to its average volume of 1,329,720. The firm has a 50 day simple moving average of $81.46 and a 200-day simple moving average of $73.70. 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 stock has a market capitalization of $19.47 billion, a PE ratio of 23.84 and a beta of 1.09. SS&C Technologies Holdings, Inc. has a 52-week low of $61.40 and a 52-week high of $89.93.
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last announced its quarterly earnings results on Thursday, October 22nd. The technology company reported $1.78 EPS for the quarter, topping analysts’ consensus estimates of $1.77 by $0.01. SS&C Technologies had a net margin of 12.76% and a return on equity of 21.74%. The firm had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.69 billion. During the same period in the previous year, the business posted $1.57 earnings per share. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. Equities research analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.26 earnings per share for the current year.
SS&C Technologies Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were given a $0.30 dividend. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $1.20 dividend on an annualized basis and a yield of 1.4%. SS&C Technologies’s payout ratio is presently 34.48%.
More SS&C Technologies News
Here are the key news stories impacting SS&C Technologies this week:
- Positive Sentiment: SS&C reported third-quarter adjusted earnings of $1.78 per share, slightly above the $1.77 consensus estimate, while revenue rose 7.7% year over year to $1.69 billion, in line with expectations. Earnings also increased from $1.57 per share in the prior-year quarter. SS&C Technologies Reports Third-Quarter Results
- Positive Sentiment: Full-year 2026 EPS guidance of $7.11-$7.17 is above the $6.90 analyst consensus, and fourth-quarter EPS guidance of $1.88-$1.94 also exceeds expectations. Management continues to emphasize AI, automation, margin expansion and potential mergers and acquisitions. SS&C 2026 Revenue Outlook and EBITDA Margin Target
- Positive Sentiment: Jefferies raised its price target to $100 from $83 and maintained a Buy rating. DA Davidson likewise lifted its target to $104 from $96, providing bullish analyst support. Jefferies Price Target
- Neutral Sentiment: The quarterly revenue result was solid but failed to provide an upside surprise, and reports highlighted moderating growth despite a fifth consecutive earnings beat. SS&C Q3 Earnings Results
- Negative Sentiment: Fourth-quarter revenue guidance of approximately $1.7 billion is below the $1.8 billion consensus estimate. Full-year revenue guidance of $6.7-$6.8 billion is also at or below expectations, raising concerns that sales growth is slowing. Why SS&C Shares Are Under Pressure
- Negative Sentiment: The mismatch between better-than-expected EPS and weaker revenue guidance is the primary reason investors are selling SSNC. A recent Zacks downgrade to Strong Sell adds further negative sentiment. SS&C Q3 Earnings Beat
SS&C Technologies Company Profile
SS&C Technologies Holdings, Inc is a global provider of software and technology-enabled services for the financial services and healthcare industries. The company helps investment firms, banks, insurers, corporations and healthcare organizations manage operations, data, reporting and regulatory requirements through integrated technology platforms and outsourced services.
Its financial services offerings support areas including investment and fund accounting, portfolio and wealth management, trading and risk management, alternative investments, private markets, transfer agency, fund administration and investor communications.
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