SS&C Technologies Holdings, Inc. $SSNC Shares Sold by Savant Capital LLC

Savant Capital LLC reduced its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 20.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,416 shares of the technology company’s stock after selling 9,812 shares during the quarter. Savant Capital LLC’s holdings in SS&C Technologies were worth $3,181,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Cerity Partners LLC increased its holdings in SS&C Technologies by 13.8% in the 1st quarter. Cerity Partners LLC now owns 86,876 shares of the technology company’s stock valued at $7,257,000 after purchasing an additional 10,512 shares in the last quarter. Xponance Inc. boosted its position in shares of SS&C Technologies by 4.8% in the first quarter. Xponance Inc. now owns 24,925 shares of the technology company’s stock worth $2,082,000 after buying an additional 1,138 shares during the period. Arizona State Retirement System boosted its position in shares of SS&C Technologies by 0.5% in the first quarter. Arizona State Retirement System now owns 64,442 shares of the technology company’s stock worth $5,383,000 after buying an additional 303 shares during the period. Mutual of America Capital Management LLC acquired a new stake in shares of SS&C Technologies in the first quarter valued at about $346,000. Finally, CWM LLC raised its holdings in shares of SS&C Technologies by 67.3% during the 1st quarter. CWM LLC now owns 42,257 shares of the technology company’s stock valued at $3,530,000 after buying an additional 17,001 shares during the period. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on SSNC shares. DA Davidson set a $102.00 target price on shares of SS&C Technologies in a research note on Friday, October 24th. JPMorgan Chase & Co. upped their price objective on shares of SS&C Technologies from $86.00 to $94.00 and gave the company a “neutral” rating in a research report on Thursday, July 24th. Needham & Company LLC lifted their target price on SS&C Technologies from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. Finally, Jefferies Financial Group increased their price target on SS&C Technologies from $98.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $101.75.

SS&C Technologies Stock Performance

Shares of SSNC stock opened at $84.25 on Monday. The company has a market cap of $20.56 billion, a P/E ratio of 25.00 and a beta of 1.24. The business has a 50 day moving average of $86.07 and a two-hundred day moving average of $83.61. SS&C Technologies Holdings, Inc. has a 52 week low of $69.61 and a 52 week high of $91.07. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.97.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings results on Thursday, October 23rd. The technology company reported $1.57 earnings per share 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 business had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.55 billion. During the same period in the prior year, the firm earned $1.29 EPS. The business’s quarterly revenue 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. As a group, 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. Stockholders of record on Tuesday, September 2nd were issued a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a dividend yield of 5.1%. This is a positive change from SS&C Technologies’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Tuesday, September 2nd. 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.