SS&C Technologies Holdings, Inc. $SSNC Stock Holdings Lifted by Old West Investment Management LLC

Old West Investment Management LLC lifted its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 5.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 109,833 shares of the technology company’s stock after acquiring an additional 5,383 shares during the quarter. SS&C Technologies makes up about 3.0% of Old West Investment Management LLC’s holdings, making the stock its 13th biggest holding. Old West Investment Management LLC’s holdings in SS&C Technologies were worth $9,094,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Larson Financial Group LLC boosted its position in shares of SS&C Technologies by 634.8% in the first quarter. Larson Financial Group LLC now owns 338 shares of the technology company’s stock worth $28,000 after buying an additional 292 shares during the period. Whittier Trust Co. purchased a new stake in SS&C Technologies in the 1st quarter worth about $29,000. N.E.W. Advisory Services LLC acquired a new stake in SS&C Technologies during the 1st quarter worth about $29,000. Elequin Capital LP acquired a new stake in SS&C Technologies during the 1st quarter worth about $30,000. Finally, SVB Wealth LLC purchased a new position in SS&C Technologies during the 1st quarter valued at about $33,000. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on SSNC. Raymond James Financial raised their price target on shares of SS&C Technologies from $101.00 to $105.00 and gave the stock a “strong-buy” rating in a report on Friday, October 24th. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. Royal Bank Of Canada upped their price target on shares of SS&C Technologies from $97.00 to $99.00 and gave the stock an “outperform” rating in a research note on Friday, October 24th. Needham & Company LLC increased their price objective on SS&C Technologies from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, October 24th. Finally, Jefferies Financial Group boosted 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. One equities research 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. According to data from MarketBeat, SS&C Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $101.75.

SS&C Technologies Price Performance

Shares of NASDAQ:SSNC opened at $84.63 on Friday. The stock has a market capitalization of $20.65 billion, a P/E ratio of 25.11 and a beta of 1.24. The business has a 50-day moving average of $85.83 and a two-hundred day moving average of $83.77. SS&C Technologies Holdings, Inc. has a fifty-two week low of $69.61 and a fifty-two week 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.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings data on Thursday, October 23rd. The technology company reported $1.57 earnings per share 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 business 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 earned $1.29 EPS. The firm’s revenue was up 7.0% compared to the same quarter last year. 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 research analysts predict 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 announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were paid a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date was Tuesday, September 2nd. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.25. SS&C Technologies’s dividend payout ratio (DPR) is 32.05%.

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.