Vanguard Personalized Indexing Management LLC Boosts Stake in SS&C Technologies Holdings, Inc. $SSNC

Vanguard Personalized Indexing Management LLC lifted its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 1.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,450 shares of the technology company’s stock after buying an additional 158 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in SS&C Technologies were worth $1,362,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of SSNC. Farther Finance Advisors LLC boosted its stake in shares of SS&C Technologies by 37.6% in the first quarter. Farther Finance Advisors LLC now owns 1,600 shares of the technology company’s stock valued at $133,000 after buying an additional 437 shares in the last quarter. GAMMA Investing LLC boosted its position in SS&C Technologies by 20.0% during the first quarter. GAMMA Investing LLC now owns 3,298 shares of the technology company’s stock worth $275,000 after purchasing an additional 549 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in SS&C Technologies by 47.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 36,933 shares of the technology company’s stock worth $3,085,000 after purchasing an additional 11,863 shares in the last quarter. Ritholtz Wealth Management purchased a new stake in SS&C Technologies during the first quarter worth $509,000. Finally, Insigneo Advisory Services LLC purchased a new stake in SS&C Technologies during the first quarter worth $224,000. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

SS&C Technologies Stock Performance

Shares of NASDAQ SSNC opened at $79.68 on Friday. The company has a market cap of $19.46 billion, a PE ratio of 24.98 and a beta of 1.23. SS&C Technologies Holdings, Inc. has a 12 month low of $66.83 and a 12 month high of $91.07. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.14 and a quick ratio of 1.14. The company has a 50-day simple moving average of $87.32 and a 200-day simple moving average of $82.65.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings results on Wednesday, July 23rd. The technology company reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.06. The business had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.52 billion. SS&C Technologies had a net margin of 13.34% and a return on equity of 18.92%. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.27 earnings per share. SS&C Technologies has set its FY 2025 guidance at 5.820-6.060 EPS. Q3 2025 guidance at 1.440-1.500 EPS. On average, equities analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.

SS&C Technologies Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were given a $1.08 dividend. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.25. This represents a $4.32 annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend was Tuesday, September 2nd. SS&C Technologies’s dividend payout ratio is 33.86%.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Needham & Company LLC boosted their target price on SS&C Technologies from $90.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, July 24th. Raymond James Financial boosted their target price on SS&C Technologies from $95.00 to $101.00 and gave the stock a “strong-buy” rating in a research report on Friday. DA Davidson boosted their target price on SS&C Technologies from $98.00 to $102.00 and gave the stock a “buy” rating in a research report on Friday, July 25th. Morgan Stanley boosted their target price on SS&C Technologies from $75.00 to $88.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 24th. Finally, JPMorgan Chase & Co. upped their price objective on SS&C Technologies from $86.00 to $94.00 and gave the company a “neutral” rating in a research report on Thursday, July 24th. One investment 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 company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $98.13.

SS&C Technologies Profile

SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.