10,320 Shares in SS&C Technologies Holdings, Inc. $SSNC Acquired by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC purchased a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 10,320 shares of the technology company’s stock, valued at approximately $640,000.

Other institutional investors also recently modified their holdings of the company. Havemeyer Place LP acquired a new position in SS&C Technologies during the fourth quarter worth about $26,000. EFG International AG acquired a new stake in shares of SS&C Technologies in the 4th quarter valued at approximately $29,000. Osterweis Capital Management Inc. bought a new stake in shares of SS&C Technologies during the 2nd quarter valued at approximately $40,000. Fifth Third Bancorp increased its position in SS&C Technologies by 216.4% during the 4th quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after purchasing an additional 329 shares in the last quarter. Finally, Private Trust Co. NA lifted its stake in SS&C Technologies by 36.0% in the 4th quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock valued at $44,000 after purchasing an additional 133 shares during the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

Insider Transactions at SS&C Technologies

In related news, Director Michael Jay Zamkow sold 3,000 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $66.68, for a total transaction of $200,040.00. Following the completion of the sale, the director owned 18,404 shares in the company, valued at approximately $1,227,178.72. This represents a 14.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 16.00% of the company’s stock.

SS&C Technologies Trading Up 2.2%

SSNC opened at $82.28 on Thursday. SS&C Technologies Holdings, Inc. has a fifty-two week low of $61.40 and a fifty-two week high of $91.07. The firm has a market capitalization of $19.31 billion, a PE ratio of 23.64 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 company’s 50-day moving average is $71.23 and its 200 day moving average is $70.71.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.08. The business 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 21.20% and a net margin of 13.16%.The company’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.45 EPS. 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. As a group, research analysts predict that SS&C Technologies Holdings, Inc. will post 6.28 earnings per share for the current fiscal year.

SS&C Technologies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This is a positive change from SS&C Technologies’s previous quarterly dividend of $0.27. This represents a $1.20 annualized dividend and a dividend yield of 1.5%. SS&C Technologies’s payout ratio is presently 31.03%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on SSNC. Jefferies Financial Group reduced their price target on SS&C Technologies from $92.00 to $83.00 and set a “buy” rating on the stock in a report on Monday, July 20th. JPMorgan Chase & Co. dropped their price target on shares of SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating for the company in a research note on Monday, July 20th. UBS Group reiterated a “buy” rating and set a $99.00 price target on shares of SS&C Technologies in a report on Thursday, August 13th. Needham & Company LLC restated a “buy” rating and issued a $90.00 price objective on shares of SS&C Technologies in a report on Friday, July 24th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of SS&C Technologies in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $91.25.

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.