SS&C Technologies Holdings, Inc. $SSNC is Wedge Capital Management L L P NC’s 3rd Largest Position

Wedge Capital Management L L P NC lessened its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 6.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 768,943 shares of the technology company’s stock after selling 53,581 shares during the period. SS&C Technologies comprises about 1.2% of Wedge Capital Management L L P NC’s investment portfolio, making the stock its 3rd biggest holding. Wedge Capital Management L L P NC’s holdings in SS&C Technologies were worth $67,221,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. National Pension Service lifted its holdings in shares of SS&C Technologies by 27.2% during the third quarter. National Pension Service now owns 186,824 shares of the technology company’s stock valued at $16,582,000 after purchasing an additional 39,984 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in SS&C Technologies by 3.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 767,765 shares of the technology company’s stock valued at $68,147,000 after buying an additional 22,547 shares during the last quarter. Cibc World Market Inc. bought a new position in shares of SS&C Technologies during the 3rd quarter valued at $1,414,000. Davis Capital Management purchased a new position in shares of SS&C Technologies in the 3rd quarter worth $1,064,000. Finally, St. James Investment Company LLC bought a new stake in shares of SS&C Technologies in the third quarter worth $19,485,000. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Analyst Upgrades and Downgrades

SSNC has been the subject of a number of research reports. DA Davidson reiterated a “buy” rating and set a $106.00 price objective on shares of SS&C Technologies in a research report on Friday, February 6th. Needham & Company LLC cut their price target on SS&C Technologies from $105.00 to $95.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of SS&C Technologies in a research report on Thursday, January 22nd. Raymond James Financial reiterated a “strong-buy” rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. Finally, Wall Street Zen lowered shares of SS&C Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, SS&C Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $101.00.

SS&C Technologies Stock Performance

Shares of SSNC opened at $65.42 on Friday. The business has a 50-day simple moving average of $75.15 and a two-hundred day simple moving average of $82.30. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.07. SS&C Technologies Holdings, Inc. has a 52 week low of $65.05 and a 52 week high of $91.07. The stock has a market cap of $15.80 billion, a price-to-earnings ratio of 20.70 and a beta of 1.18.

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

SS&C Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.08 annualized dividend and a yield of 1.7%. SS&C Technologies’s payout ratio is currently 34.18%.

About SS&C Technologies

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.