LSV Asset Management Trims Position in SS&C Technologies Holdings, Inc. $SSNC

LSV Asset Management decreased its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 25.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 294,600 shares of the technology company’s stock after selling 100,883 shares during the quarter. LSV Asset Management owned about 0.12% of SS&C Technologies worth $26,149,000 as of its most recent SEC filing.

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

Insider Transactions at SS&C Technologies

In other news, Director Normand A. Boulanger sold 150,000 shares of SS&C Technologies stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $85.85, for a total transaction of $12,877,500.00. Following the sale, the director owned 386,924 shares in the company, valued at $33,217,425.40. This trade represents a 27.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 16.40% of the stock is owned by company insiders.

Analyst Ratings Changes

SSNC has been the topic of a number of recent analyst reports. Royal Bank Of Canada increased their price target on shares of SS&C Technologies from $97.00 to $99.00 and gave the stock an “outperform” rating in a research note on Friday, October 24th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of SS&C Technologies in a research report on Wednesday, January 21st. Needham & Company LLC reduced their target price 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. Jefferies Financial Group boosted their price target on SS&C Technologies from $98.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, October 28th. Finally, Morgan Stanley raised 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. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $101.00.

SS&C Technologies Stock Up 1.3%

Shares of NASDAQ SSNC opened at $72.09 on Friday. The stock has a fifty day moving average price of $84.37 and a 200 day moving average price of $85.50. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.94. SS&C Technologies Holdings, Inc. has a 12-month low of $69.61 and a 12-month high of $91.07. The company has a market cap of $17.59 billion, a P/E ratio of 22.81 and a beta of 1.17.

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

SS&C Technologies Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were given a $0.27 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $1.08 annualized dividend and a yield of 1.5%. SS&C Technologies’s dividend payout ratio (DPR) is 34.18%.

SS&C Technologies 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.