First Trust Advisors LP Grows Stock Position in SS&C Technologies Holdings, Inc. $SSNC

First Trust Advisors LP grew its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 114.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 772,290 shares of the technology company’s stock after purchasing an additional 411,717 shares during the period. First Trust Advisors LP’s holdings in SS&C Technologies were worth $68,548,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Caldwell Trust Co purchased a new position in shares of SS&C Technologies in the second quarter valued at $27,000. Quent Capital LLC purchased a new stake in SS&C Technologies during the 3rd quarter worth $39,000. Cornerstone Planning Group LLC lifted its holdings in SS&C Technologies by 1,890.9% in the 3rd quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock worth $39,000 after buying an additional 416 shares in the last quarter. Osterweis Capital Management Inc. acquired a new position in SS&C Technologies in the 2nd quarter worth $40,000. Finally, Root Financial Partners LLC purchased a new position in SS&C Technologies in the 3rd quarter valued at about $42,000. 96.90% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

SSNC has been the subject of several recent analyst reports. DA Davidson restated a “buy” rating and set a $106.00 target price on shares of SS&C Technologies in a research note 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. Weiss Ratings restated a “buy (b)” rating on shares of SS&C Technologies in a research note on Thursday, January 22nd. Finally, Needham & Company LLC dropped their price objective on SS&C Technologies from $105.00 to $95.00 and set a “buy” rating on the stock in a report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, SS&C Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $101.00.

SS&C Technologies Price Performance

Shares of SSNC stock opened at $73.67 on Wednesday. The firm has a fifty day moving average of $79.47 and a two-hundred day moving average of $83.89. The firm has a market cap of $17.79 billion, a P/E ratio of 23.31 and a beta of 1.18. SS&C Technologies Holdings, Inc. has a 1-year low of $69.00 and a 1-year high of $91.07. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.07 and a quick ratio of 1.07.

SS&C Technologies (NASDAQ:SSNC) last issued its earnings results on Thursday, February 5th. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.07. SS&C Technologies had a net margin of 12.70% and a return on equity of 19.60%. The business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same quarter in the prior year, the business posted $1.58 EPS. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. 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, research analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.27 per share. The ex-dividend date is Monday, March 2nd. This represents a $1.08 annualized dividend and a 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.