KBC Group NV Increases Stock Position in SS&C Technologies Holdings, Inc. $SSNC

KBC Group NV boosted its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 6.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,123,738 shares of the technology company’s stock after purchasing an additional 67,340 shares during the quarter. KBC Group NV owned about 0.46% of SS&C Technologies worth $93,045,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in SS&C Technologies by 0.9% in 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 during the period. Pzena Investment Management LLC boosted its holdings in shares of SS&C Technologies by 0.4% in 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. increased its stake in shares of SS&C Technologies by 3.6% during the first quarter. Burgundy Asset Management Ltd. now owns 5,186,307 shares of the technology company’s stock worth $433,212,000 after acquiring an additional 182,200 shares during the period. Swedbank AB increased its stake in shares of SS&C Technologies by 72.0% during the second quarter. Swedbank AB now owns 3,419,654 shares of the technology company’s stock worth $283,147,000 after acquiring an additional 1,431,620 shares during the period. Finally, AQR Capital Management LLC raised its holdings in SS&C Technologies by 28.7% during the first quarter. AQR Capital Management LLC now owns 2,921,882 shares of the technology company’s stock worth $238,338,000 after purchasing an additional 651,650 shares in the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

SS&C Technologies Trading Up 0.2%

Shares of SSNC opened at $85.08 on Wednesday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.14 and a quick ratio of 1.14. SS&C Technologies Holdings, Inc. has a 1-year low of $69.61 and a 1-year high of $91.07. The stock has a market cap of $20.76 billion, a price-to-earnings ratio of 25.25 and a beta of 1.24. The firm has a 50 day simple moving average of $85.95 and a 200-day simple moving average of $83.75.

SS&C Technologies (NASDAQ:SSNC) last announced its earnings results on Thursday, October 23rd. The technology company reported $1.57 EPS for the quarter, beating 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 analysts’ expectations of $1.55 billion. During the same quarter in the prior year, the firm earned $1.29 EPS. SS&C Technologies’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. Equities analysts forecast that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal 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 of this dividend was Tuesday, September 2nd. This represents a $4.32 annualized dividend 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 32.05%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Weiss Ratings reissued a “buy (b)” rating on shares of SS&C Technologies in a research note on Wednesday, October 8th. Raymond James Financial boosted their target price on shares of SS&C Technologies from $101.00 to $105.00 and gave the stock a “strong-buy” rating in a research report on Friday, October 24th. UBS Group boosted their price objective on shares of SS&C Technologies from $110.00 to $112.00 and gave the stock a “buy” rating in a report on Friday, October 24th. JPMorgan Chase & Co. boosted their price target on SS&C Technologies from $86.00 to $94.00 and gave the stock a “neutral” rating in a research note on Thursday, July 24th. Finally, DA Davidson set a $102.00 target price on SS&C Technologies in a research report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $101.75.

SS&C Technologies Company 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.