Nordea Investment Management AB Sells 78,213 Shares of SS&C Technologies Holdings, Inc. $SSNC

Nordea Investment Management AB decreased its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 19.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 332,598 shares of the technology company’s stock after selling 78,213 shares during the period. Nordea Investment Management AB’s holdings in SS&C Technologies were worth $29,309,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of SSNC. State Street Corp lifted its stake in shares of SS&C Technologies by 2.0% during the 3rd quarter. State Street Corp now owns 5,938,535 shares of the technology company’s stock valued at $527,104,000 after buying an additional 117,983 shares in the last quarter. Burgundy Asset Management Ltd. grew its stake in SS&C Technologies by 1.0% in the 2nd quarter. Burgundy Asset Management Ltd. now owns 5,239,571 shares of the technology company’s stock valued at $433,836,000 after buying an additional 53,264 shares in the last quarter. Swedbank AB grew its stake in SS&C Technologies by 8.5% in the 3rd quarter. Swedbank AB now owns 3,710,333 shares of the technology company’s stock valued at $329,329,000 after buying an additional 290,679 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in SS&C Technologies by 1.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,979,431 shares of the technology company’s stock valued at $264,435,000 after acquiring an additional 50,757 shares during the period. Finally, Norges Bank purchased a new stake in shares of SS&C Technologies during the second quarter worth $221,558,000. Institutional investors own 96.90% of the company’s stock.

SS&C Technologies Stock Down 5.0%

Shares of NASDAQ:SSNC opened at $67.70 on Wednesday. The firm has a fifty day moving average price of $76.31 and a two-hundred day moving average price of $82.68. The company has a market cap of $16.35 billion, a price-to-earnings ratio of 21.42 and a beta of 1.18. 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 Holdings, Inc. has a one year low of $66.68 and a one year high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings results on Thursday, February 5th. The technology company reported $1.69 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.62 billion. During the same quarter in the prior year, the firm posted $1.58 earnings per share. The business’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. Analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.

SS&C Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Monday, March 2nd. SS&C Technologies’s dividend payout ratio is currently 34.18%.

Wall Street Analyst Weigh In

SSNC has been the subject of a number of analyst reports. 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. Needham & Company LLC decreased their price objective on SS&C Technologies from $105.00 to $95.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. Weiss Ratings reissued a “buy (b)” rating on shares of SS&C Technologies in a report on Thursday, January 22nd. Wall Street Zen downgraded SS&C Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating on shares of SS&C Technologies in a report on Wednesday, January 21st. One investment 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 company’s stock. According to data from MarketBeat, SS&C Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $101.00.

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.