Elo Mutual Pension Insurance Co Acquires New Position in SS&C Technologies Holdings, Inc. $SSNC

Elo Mutual Pension Insurance Co bought a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the third quarter, Holdings Channel reports. The firm bought 30,720 shares of the technology company’s stock, valued at approximately $2,727,000.

A number of other hedge funds have also bought and sold shares of the stock. AlphaCore Capital LLC lifted its stake in shares of SS&C Technologies by 3.4% during the second quarter. AlphaCore Capital LLC now owns 3,671 shares of the technology company’s stock worth $304,000 after buying an additional 120 shares during the period. Argent Trust Co raised its stake in SS&C Technologies by 0.8% in the 3rd quarter. Argent Trust Co now owns 15,914 shares of the technology company’s stock worth $1,413,000 after acquiring an additional 126 shares during the last quarter. Whalen Wealth Management Inc. lifted its position in SS&C Technologies by 4.2% during the 3rd quarter. Whalen Wealth Management Inc. now owns 3,242 shares of the technology company’s stock worth $288,000 after acquiring an additional 130 shares during the period. J.Safra Asset Management Corp grew its stake in SS&C Technologies by 3.6% during the 3rd quarter. J.Safra Asset Management Corp now owns 3,750 shares of the technology company’s stock valued at $333,000 after purchasing an additional 130 shares during the last quarter. Finally, AXA S.A. grew its stake in SS&C Technologies by 1.4% during the 2nd quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock valued at $776,000 after purchasing an additional 130 shares during the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

SS&C Technologies Stock Performance

SSNC opened at $74.78 on Wednesday. The firm has a fifty day moving average price of $80.89 and a 200 day moving average price of $84.36. SS&C Technologies Holdings, Inc. has a 1 year low of $69.00 and a 1 year high of $91.07. The stock has a market cap of $18.06 billion, a P/E ratio of 23.66 and a beta of 1.18. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.07 and a quick ratio of 1.07.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings results on Thursday, February 5th. The technology company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.62 by $0.07. The company had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.62 billion. SS&C Technologies had a net margin of 12.70% and a return on equity of 19.60%. The firm’s revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the business earned $1.58 earnings per share. 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. Equities research analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.

SS&C Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a $0.27 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.08 dividend on an annualized basis and a yield of 1.4%. SS&C Technologies’s dividend payout ratio is presently 34.18%.

Wall Street Analysts Forecast Growth

SSNC has been the subject of a number of recent research reports. DA Davidson reissued a “buy” rating and set a $106.00 price target on shares of SS&C Technologies in a research report on Friday, February 6th. Raymond James Financial reissued a “strong-buy” rating on shares of SS&C Technologies in a report on Wednesday, January 21st. Weiss Ratings restated a “buy (b)” rating on shares of SS&C Technologies in a research report on Thursday, January 22nd. Finally, Needham & Company LLC cut their price target on SS&C Technologies from $105.00 to $95.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, SS&C Technologies currently has an average rating of “Moderate Buy” and an average price target of $101.00.

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.