Titan Global Capital Management USA LLC Increases Position in SS&C Technologies Holdings, Inc. $SSNC

Titan Global Capital Management USA LLC grew its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 25.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 39,734 shares of the technology company’s stock after purchasing an additional 8,152 shares during the period. Titan Global Capital Management USA LLC’s holdings in SS&C Technologies were worth $3,290,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in SS&C Technologies by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 20,401,466 shares of the technology company’s stock valued at $1,704,134,000 after buying an additional 186,440 shares in the last quarter. Pzena Investment Management LLC increased its holdings in shares of SS&C Technologies by 0.4% during the second quarter. Pzena Investment Management LLC now owns 10,460,579 shares of the technology company’s stock valued at $866,136,000 after acquiring an additional 37,134 shares in the last quarter. Burgundy Asset Management Ltd. raised its position in shares of SS&C Technologies by 3.6% in the 1st quarter. Burgundy Asset Management Ltd. now owns 5,186,307 shares of the technology company’s stock worth $433,212,000 after purchasing an additional 182,200 shares during the last quarter. Swedbank AB boosted its stake in SS&C Technologies by 72.0% in the 2nd quarter. Swedbank AB now owns 3,419,654 shares of the technology company’s stock worth $283,147,000 after purchasing an additional 1,431,620 shares in the last quarter. Finally, AQR Capital Management LLC grew its position in SS&C Technologies by 28.7% during the 1st quarter. AQR Capital Management LLC now owns 2,921,882 shares of the technology company’s stock valued at $238,338,000 after purchasing an additional 651,650 shares during the last quarter. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. DA Davidson set a $102.00 target price on shares of SS&C Technologies in a report on Friday, October 24th. JPMorgan Chase & Co. boosted their price objective on shares of SS&C Technologies from $86.00 to $94.00 and gave the stock a “neutral” rating in a report on Thursday, July 24th. Jefferies Financial Group increased their target price on SS&C Technologies from $98.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, October 28th. Raymond James Financial boosted their price target on SS&C Technologies from $101.00 to $105.00 and gave the stock a “strong-buy” rating in a research note on Friday, October 24th. Finally, Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, SS&C Technologies presently has an average rating of “Moderate Buy” and an average target price of $101.75.

SS&C Technologies Price Performance

Shares of SSNC opened at $84.25 on Friday. The firm has a market cap of $20.56 billion, a PE ratio of 25.00 and a beta of 1.24. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.97. The firm has a fifty day simple moving average of $86.07 and a two-hundred day simple moving average of $83.50. SS&C Technologies Holdings, Inc. has a 1-year low of $69.61 and a 1-year high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings results on Thursday, October 23rd. The technology company reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.10. SS&C Technologies had a return on equity of 19.92% and a net margin of 13.86%.The firm had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.55 billion. During the same period last year, the business posted $1.29 EPS. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS. FY 2025 guidance at 6.020-6.080 EPS. On average, equities analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were paid a dividend of $1.08 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $4.32 dividend on an annualized basis and a dividend yield of 5.1%. This is an increase from SS&C Technologies’s previous quarterly dividend of $0.25. SS&C Technologies’s dividend payout ratio is presently 32.05%.

About SS&C Technologies

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.