Meyer Handelman Co. Boosts Stock Holdings in SS&C Technologies Holdings, Inc. $SSNC

Meyer Handelman Co. lifted its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 17.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,310 shares of the technology company’s stock after buying an additional 16,583 shares during the quarter. Meyer Handelman Co.’s holdings in SS&C Technologies were worth $9,556,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of SSNC. Hennion & Walsh Asset Management Inc. raised its holdings in SS&C Technologies by 225.3% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 12,392 shares of the technology company’s stock valued at $1,083,000 after acquiring an additional 8,583 shares during the period. Thompson Investment Management Inc. boosted its holdings in shares of SS&C Technologies by 0.9% in the fourth quarter. Thompson Investment Management Inc. now owns 48,661 shares of the technology company’s stock worth $4,254,000 after acquiring an additional 415 shares during the period. Global X Japan Co. Ltd. grew its position in shares of SS&C Technologies by 53.3% in the fourth quarter. Global X Japan Co. Ltd. now owns 1,266 shares of the technology company’s stock valued at $111,000 after purchasing an additional 440 shares in the last quarter. Salvus Wealth Management LLC raised its stake in shares of SS&C Technologies by 3.6% during the 4th quarter. Salvus Wealth Management LLC now owns 5,741 shares of the technology company’s stock valued at $502,000 after purchasing an additional 200 shares during the period. Finally, E. Ohman J or Asset Management AB purchased a new position in SS&C Technologies during the 4th quarter valued at about $465,000. 96.90% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. DA Davidson reissued a “buy” rating and issued a $106.00 price target on shares of SS&C Technologies in a report on Friday, February 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of SS&C Technologies in a report on Thursday, January 22nd. Needham & Company LLC lowered their target price on shares of 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. Wall Street Zen downgraded shares of SS&C Technologies from a “buy” rating to a “hold” rating in a report 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 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 company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $101.00.

SS&C Technologies Stock Up 1.4%

Shares of NASDAQ SSNC opened at $67.57 on Wednesday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.07. The business has a 50-day moving average of $74.43 and a 200-day moving average of $81.89. The firm has a market capitalization of $16.32 billion, a price-to-earnings ratio of 21.38 and a beta of 1.18. SS&C Technologies Holdings, Inc. has a 12 month low of $65.05 and a 12 month high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last announced its earnings results 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. SS&C Technologies had a net margin of 12.70% and a return on equity of 19.60%. The business had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.62 billion. During the same period last year, the firm posted $1.58 earnings per share. SS&C Technologies’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. Sell-side analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

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