SS&C Technologies Holdings, Inc. $SSNC Shares Sold by Raiffeisen Bank International AG

Raiffeisen Bank International AG reduced its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 95.4% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 528 shares of the technology company’s stock after selling 10,946 shares during the quarter. Raiffeisen Bank International AG’s holdings in SS&C Technologies were worth $33,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Havemeyer Place LP acquired a new stake in SS&C Technologies during the fourth quarter worth about $26,000. EFG International AG acquired a new position in SS&C Technologies in the fourth quarter valued at approximately $29,000. Jones Financial Companies Lllp bought a new position in shares of SS&C Technologies during the second quarter valued at approximately $25,000. Osterweis Capital Management Inc. acquired a new stake in shares of SS&C Technologies during the 2nd quarter worth approximately $40,000. Finally, Fifth Third Bancorp boosted 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 valued at $42,000 after purchasing an additional 329 shares during the period. 96.90% of the stock is owned by institutional investors and hedge funds.

SS&C Technologies Price Performance

Shares of SS&C Technologies stock opened at $83.65 on Monday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.06 and a quick ratio of 1.06. SS&C Technologies Holdings, Inc. has a 1-year low of $61.40 and a 1-year high of $90.26. The business’s fifty day moving average price is $75.33 and its two-hundred day moving average price is $71.37. The company has a market capitalization of $19.63 billion, a P/E ratio of 24.04 and a beta of 1.09.

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, topping the consensus estimate of $1.68 by $0.08. The company had revenue of $1.70 billion during the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the business 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. As a group, research analysts forecast that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current 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 $0.30 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $1.20 dividend on an annualized basis and a yield of 1.4%. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.27. SS&C Technologies’s payout ratio is currently 34.48%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on SSNC. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 target price on shares of SS&C Technologies in a research note on Friday, July 24th. DA Davidson reaffirmed a “buy” rating and issued a $96.00 price objective on shares of SS&C Technologies in a report on Monday, July 27th. Wall Street Zen upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. JPMorgan Chase & Co. reduced their target price 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. Finally, UBS Group restated a “buy” rating and issued a $99.00 target price on shares of SS&C Technologies in a research report on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $92.38.

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.