SS&C Technologies Holdings, Inc. $SSNC Shares Purchased by Triavera Capital LLC

Triavera Capital LLC raised its stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 26.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 139,990 shares of the technology company’s stock after purchasing an additional 29,120 shares during the quarter. SS&C Technologies comprises about 6.1% of Triavera Capital LLC’s investment portfolio, making the stock its 9th biggest position. Triavera Capital LLC’s holdings in SS&C Technologies were worth $11,591,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of SSNC. Blueshift Asset Management LLC purchased a new stake in shares of SS&C Technologies during the 2nd quarter valued at about $253,000. M&T Bank Corp raised its stake in shares of SS&C Technologies by 2.1% during the second quarter. M&T Bank Corp now owns 6,632 shares of the technology company’s stock valued at $549,000 after purchasing an additional 138 shares during the period. OMERS ADMINISTRATION Corp raised its stake in shares of SS&C Technologies by 5.7% during the second quarter. OMERS ADMINISTRATION Corp now owns 31,377 shares of the technology company’s stock valued at $2,598,000 after purchasing an additional 1,700 shares during the period. River Road Asset Management LLC lifted its position in shares of SS&C Technologies by 43.9% during the second quarter. River Road Asset Management LLC now owns 613,474 shares of the technology company’s stock worth $52,440,000 after purchasing an additional 187,286 shares in the last quarter. Finally, Lido Advisors LLC boosted its stake in shares of SS&C Technologies by 12.5% in the second quarter. Lido Advisors LLC now owns 2,760 shares of the technology company’s stock valued at $229,000 after purchasing an additional 307 shares during the period. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Analysts Set New Price Targets

SSNC has been the topic of a number of recent analyst reports. Raymond James Financial boosted their price objective on shares of SS&C Technologies from $101.00 to $105.00 and gave the stock a “strong-buy” rating in a report on Friday, October 24th. Jefferies Financial Group boosted their price target on SS&C Technologies from $98.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. Weiss Ratings reissued a “buy (b)” rating on shares of SS&C Technologies in a report on Wednesday, October 8th. Morgan Stanley lifted their price objective on SS&C Technologies from $88.00 to $92.00 and gave the stock an “equal weight” rating in a report on Friday, October 24th. Finally, UBS Group upped their target price on SS&C Technologies from $110.00 to $112.00 and gave the company a “buy” rating in a research report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $101.75.

Insiders Place Their Bets

In other news, Director Normand A. Boulanger sold 150,000 shares of SS&C Technologies stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $85.85, for a total value of $12,877,500.00. Following the completion of the transaction, the director directly owned 386,924 shares of the company’s stock, valued at approximately $33,217,425.40. The trade was a 27.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 16.40% of the stock is currently owned by insiders.

SS&C Technologies Stock Down 0.7%

Shares of SS&C Technologies stock opened at $85.55 on Wednesday. The business has a 50-day moving average price of $84.59 and a 200 day moving average price of $84.47. SS&C Technologies Holdings, Inc. has a fifty-two week low of $69.61 and a fifty-two week high of $91.07. The firm has a market cap of $20.88 billion, a P/E ratio of 25.39 and a beta of 1.24. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.97.

SS&C Technologies (NASDAQ:SSNC) last released its earnings results on Thursday, October 23rd. The technology company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.10. SS&C Technologies had a return on equity of 19.92% and a net margin of 13.86%.The company had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.55 billion. During the same quarter last year, the business posted $1.29 EPS. SS&C Technologies’s quarterly revenue was up 7.0% compared to the same quarter last year. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS and its FY 2025 guidance at 6.020-6.080 EPS. On average, sell-side analysts forecast that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be paid a dividend of $0.27 per share. The ex-dividend date is Monday, December 1st. This represents a $1.08 annualized dividend and a yield of 1.3%. SS&C Technologies’s payout ratio is presently 32.05%.

SS&C Technologies Company Profile

SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.