SS&C Technologies Holdings, Inc. $SSNC Shares Sold by Mackenzie Financial Corp

Mackenzie Financial Corp decreased its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 30.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 727,650 shares of the technology company’s stock after selling 314,650 shares during the period. Mackenzie Financial Corp’s holdings in SS&C Technologies were worth $64,586,000 as of its most recent SEC filing.

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

SS&C Technologies Trading Down 2.0%

Shares of NASDAQ SSNC opened at $71.52 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.07. The stock’s 50 day moving average price is $78.87 and its two-hundred day moving average price is $83.73. SS&C Technologies Holdings, Inc. has a 52-week low of $69.00 and a 52-week high of $91.07. The stock has a market capitalization of $17.27 billion, a P/E ratio of 22.63 and a beta of 1.18.

SS&C Technologies (NASDAQ:SSNC) last issued its earnings results on Thursday, February 5th. The technology company reported $1.69 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $1.62 billion. During the same quarter last year, the firm earned $1.58 EPS. The business’s 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. On average, 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 firm also recently announced 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 payout ratio is presently 34.18%.

Wall Street Analysts Forecast Growth

SSNC has been the topic of several analyst reports. 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. Raymond James Financial reiterated a “strong-buy” rating on shares of SS&C Technologies in a research note 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, DA Davidson reaffirmed a “buy” rating and issued a $106.00 price target on shares of SS&C Technologies in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, SS&C Technologies currently has an average rating of “Moderate Buy” and an average price target of $101.00.

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.