NewEdge Advisors LLC Purchases 22,065 Shares of SS&C Technologies Holdings, Inc. $SSNC

NewEdge Advisors LLC raised its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 218.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,182 shares of the technology company’s stock after purchasing an additional 22,065 shares during the quarter. NewEdge Advisors LLC’s holdings in SS&C Technologies were worth $2,175,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Havemeyer Place LP purchased a new position in shares of SS&C Technologies in the fourth quarter worth about $26,000. EFG International AG bought a new stake in shares of SS&C Technologies in the fourth quarter valued at approximately $29,000. V Square Quantitative Management LLC purchased a new stake in shares of SS&C Technologies during the 4th quarter valued at approximately $37,000. Osterweis Capital Management Inc. purchased a new stake in shares of SS&C Technologies during the 2nd quarter valued at approximately $40,000. Finally, Fifth Third Bancorp boosted its holdings in SS&C Technologies by 216.4% in the 4th quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after buying an additional 329 shares during the period. Institutional investors own 96.90% of the company’s stock.

Insider Buying and Selling at SS&C Technologies

In other SS&C Technologies news, Director Jonathan E. Michael sold 2,740 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total value of $183,196.40. Following the sale, the director owned 79,384 shares of the company’s stock, valued at $5,307,614.24. This trade represents a 3.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael Jay Zamkow sold 3,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $66.68, for a total transaction of $200,040.00. Following the transaction, the director directly owned 18,404 shares of the company’s stock, valued at approximately $1,227,178.72. This trade represents a 14.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 8,740 shares of company stock valued at $583,576 in the last three months. 16.00% of the stock is currently owned by corporate insiders.

SS&C Technologies Price Performance

Shares of SS&C Technologies stock opened at $77.05 on Friday. The company has a fifty day moving average of $67.99 and a 200-day moving average of $71.25. SS&C Technologies Holdings, Inc. has a 52-week low of $61.40 and a 52-week high of $91.07. The stock has a market capitalization of $18.56 billion, a price-to-earnings ratio of 22.14 and a beta of 1.11. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.10 and a current ratio of 1.10.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.08. The firm had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.66 billion. SS&C Technologies had a return on equity of 21.02% and a net margin of 13.16%.The business’s revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.45 earnings per share. SS&C Technologies has set its FY 2026 guidance at 6.930-7.250 EPS and its Q3 2026 guidance at 1.730-1.790 EPS. Equities research analysts expect that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current year.

SS&C Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.08 annualized dividend and a yield of 1.4%. SS&C Technologies’s dividend payout ratio is presently 31.03%.

Analyst Upgrades and Downgrades

SSNC has been the subject of a number of recent research reports. Royal Bank Of Canada lifted their price objective on shares of SS&C Technologies from $89.00 to $92.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. Morgan Stanley dropped their target price on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. JPMorgan Chase & Co. cut their price target on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating for the company in a report on Monday, July 20th. UBS Group lifted their price target on SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Finally, Weiss Ratings lowered SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, SS&C Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $93.25.

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.