PensionDanmark Pensionsforsikringsaktieselskab Acquires 14,715 Shares of SS&C Technologies Holdings, Inc. $SSNC

PensionDanmark Pensionsforsikringsaktieselskab lifted its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) by 39.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 51,745 shares of the technology company’s stock after acquiring an additional 14,715 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in SS&C Technologies were worth $3,211,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Millennium Management LLC boosted its holdings in SS&C Technologies by 349.1% in the 1st quarter. Millennium Management LLC now owns 176,630 shares of the technology company’s stock valued at $14,754,000 after purchasing an additional 137,301 shares during the period. NewEdge Advisors LLC increased its holdings in shares of SS&C Technologies by 6,069.0% during the first quarter. NewEdge Advisors LLC now owns 2,591 shares of the technology company’s stock worth $216,000 after purchasing an additional 2,549 shares during the period. Goldman Sachs Group Inc. raised its position in shares of SS&C Technologies by 16.4% in the first quarter. Goldman Sachs Group Inc. now owns 690,340 shares of the technology company’s stock valued at $57,664,000 after buying an additional 97,247 shares in the last quarter. Focus Partners Wealth boosted its stake in shares of SS&C Technologies by 35.1% in the first quarter. Focus Partners Wealth now owns 9,362 shares of the technology company’s stock valued at $782,000 after buying an additional 2,431 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of SS&C Technologies by 17.9% in the second quarter. Invesco Ltd. now owns 569,693 shares of the technology company’s stock valued at $47,171,000 after buying an additional 86,606 shares during the period. 96.90% of the stock is owned by institutional investors.

SS&C Technologies Price Performance

Shares of SSNC opened at $79.23 on Monday. SS&C Technologies Holdings, Inc. has a one year low of $61.40 and a one year high of $91.07. The company has a market cap of $18.59 billion, a P/E ratio of 22.77 and a beta of 1.07. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a 50 day simple moving average of $69.30 and a two-hundred day simple moving average of $70.94.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last issued its earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.08. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%.The firm had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same quarter last year, the business posted $1.45 EPS. The company’s revenue was up 10.3% compared to the same quarter last year. 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. Research analysts forecast that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current fiscal year.

SS&C Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a $0.27 dividend. 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 (DPR) is 31.03%.

Insider Activity

In other news, Director Michael Jay Zamkow sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $66.68, for a total value of $200,040.00. Following the sale, the director directly owned 18,404 shares in the company, valued at approximately $1,227,178.72. This trade represents a 14.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jonathan E. Michael sold 2,740 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total transaction of $183,196.40. Following the sale, the director directly owned 79,384 shares in the company, valued at approximately $5,307,614.24. The trade was a 3.34% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 8,740 shares of company stock worth $583,576 over the last ninety days. 16.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

SSNC has been the topic of a number of analyst reports. Needham & Company LLC reissued a “buy” rating and set a $90.00 price target on shares of SS&C Technologies in a research report on Friday, July 24th. Royal Bank Of Canada upped their target price on SS&C Technologies from $89.00 to $92.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. JPMorgan Chase & Co. reduced their target price on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating on the stock in a report on Monday, July 20th. Morgan Stanley decreased their price target 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. Finally, Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $93.25.

Get Our Latest Stock Report on SS&C Technologies

SS&C Technologies Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for SS&C Technologies (NASDAQ:SSNC)

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