Skylands Capital LLC Has $6.56 Million Holdings in SS&C Technologies Holdings, Inc. $SSNC

Skylands Capital LLC lessened its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) by 9.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 73,900 shares of the technology company’s stock after selling 7,700 shares during the quarter. Skylands Capital LLC’s holdings in SS&C Technologies were worth $6,559,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Caldwell Trust Co acquired a new stake in shares of SS&C Technologies in the second quarter valued at approximately $27,000. Cornerstone Planning Group LLC grew its stake in shares of SS&C Technologies by 1,890.9% in the third quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock valued at $39,000 after acquiring an additional 416 shares in the last quarter. Quent Capital LLC acquired a new position in shares of SS&C Technologies during the 3rd quarter worth approximately $39,000. Root Financial Partners LLC bought a new position in SS&C Technologies during the 3rd quarter worth $42,000. Finally, Osterweis Capital Management Inc. bought a new position in SS&C Technologies in the 2nd quarter valued at about $40,000. 96.90% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on SSNC shares. DA Davidson reaffirmed a “buy” rating and set a $106.00 price target on shares of SS&C Technologies in a report on Friday, February 6th. Jefferies Financial Group boosted their price objective on SS&C Technologies from $98.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, October 28th. Weiss Ratings reissued a “buy (b)” rating on shares of SS&C Technologies in a research note on Thursday, January 22nd. UBS Group boosted their price target on SS&C Technologies from $110.00 to $112.00 and gave the stock a “buy” rating in a report on Friday, October 24th. Finally, Royal Bank Of Canada raised their price objective on shares of SS&C Technologies from $97.00 to $99.00 and gave the company an “outperform” rating in a report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $101.00.

Get Our Latest Stock Report on SS&C Technologies

SS&C Technologies Stock Down 1.5%

SSNC stock opened at $75.28 on Wednesday. The stock’s 50 day simple moving average is $85.30 and its 200 day simple moving average is $85.78. The company has a market cap of $18.37 billion, a P/E ratio of 23.82 and a beta of 1.17. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.12 and a current ratio of 1.12. SS&C Technologies Holdings, Inc. has a fifty-two week low of $69.61 and a fifty-two week high of $91.07.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last announced its quarterly earnings data on Thursday, February 5th. The technology company reported $1.69 EPS for the quarter, beating analysts’ consensus estimates of $1.62 by $0.07. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The firm had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.62 billion. During the same quarter last year, the firm posted $1.58 earnings per share. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. 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. On average, research analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, December 1st. SS&C Technologies’s dividend payout ratio (DPR) is 34.18%.

Insider Activity

In other news, Director Normand A. Boulanger sold 150,000 shares of the business’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $85.85, for a total transaction of $12,877,500.00. Following the completion of the sale, the director directly owned 386,924 shares of the company’s stock, valued at $33,217,425.40. The trade was a 27.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 16.40% of the stock is owned by corporate insiders.

About SS&C Technologies

(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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