Storgate LLC Takes Position in SS&C Technologies Holdings, Inc. $SSNC

Storgate LLC bought a new stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 13,106 shares of the technology company’s stock, valued at approximately $1,146,000. SS&C Technologies comprises 0.9% of Storgate LLC’s investment portfolio, making the stock its 11th largest holding.

Several other hedge funds have also recently bought and sold shares of SSNC. Havemeyer Place LP purchased a new stake in SS&C Technologies in the 4th quarter worth about $26,000. V Square Quantitative Management LLC purchased a new stake in SS&C Technologies in the 4th quarter worth about $37,000. Osterweis Capital Management Inc. purchased a new stake in SS&C Technologies in the 2nd quarter worth about $40,000. Fifth Third Bancorp lifted its stake in SS&C Technologies by 216.4% in the 4th quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after acquiring 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 worth $44,000 after acquiring an additional 133 shares in the last quarter. 96.90% of the stock is owned by hedge funds and other institutional investors.

SS&C Technologies Stock Performance

Shares of SSNC stock opened at $67.68 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.10 and a quick ratio of 1.10. SS&C Technologies Holdings, Inc. has a fifty-two week low of $64.51 and a fifty-two week high of $91.07. The stock’s 50-day moving average is $68.40 and its two-hundred day moving average is $75.97. The firm has a market cap of $16.30 billion, a P/E ratio of 20.95 and a beta of 1.09.

SS&C Technologies (NASDAQ:SSNC) last issued its earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.04. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The company had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same period in the prior year, the firm posted $1.44 EPS. The business’s revenue was up 8.8% compared to the same quarter last year. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Analysts predict that SS&C Technologies Holdings, Inc. will post 6.19 earnings per share for the current fiscal year.

SS&C Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, June 1st. SS&C Technologies’s dividend payout ratio is presently 33.44%.

Analyst Ratings Changes

SSNC has been the subject of several research analyst reports. Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Jefferies Financial Group reduced their price objective on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a research note on Tuesday, April 21st. UBS Group increased their price objective on SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Needham & Company LLC reduced their price objective on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Finally, DA Davidson reissued a “buy” rating and issued a $96.00 price objective on shares of SS&C Technologies in a research note on Monday, April 27th. One 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 MarketBeat, SS&C Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $96.13.

Insider Activity

In other news, Director Michael Jay Zamkow sold 3,000 shares of the stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $66.68, for a total transaction of $200,040.00. Following the transaction, the director owned 18,404 shares of the company’s stock, valued at approximately $1,227,178.72. This represents a 14.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jonathan E. Michael sold 2,740 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total value of $183,196.40. Following the transaction, the director directly owned 79,384 shares in the company, valued at approximately $5,307,614.24. This represents a 3.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 8,740 shares of company stock worth $583,576. Insiders own 16.00% of the company’s stock.

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.