Cumberland Partners Ltd Invests $1.37 Million in SS&C Technologies Holdings, Inc. $SSNC

Cumberland Partners Ltd acquired a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 16,500 shares of the technology company’s stock, valued at approximately $1,366,000.

Several other large investors have also recently added to or reduced their stakes in SSNC. Vanguard Group Inc. increased its position in shares of SS&C Technologies by 0.8% during the second quarter. Vanguard Group Inc. now owns 20,567,287 shares of the technology company’s stock worth $1,702,971,000 after acquiring an additional 165,821 shares during the period. Pzena Investment Management LLC boosted its holdings in 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 purchasing an additional 37,134 shares during the period. Burgundy Asset Management Ltd. increased its holdings in SS&C Technologies by 3.6% during 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 period. Geode Capital Management LLC raised its position in SS&C Technologies by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 3,715,723 shares of the technology company’s stock valued at $306,639,000 after purchasing an additional 14,789 shares in the last quarter. Finally, Swedbank AB boosted its stake in shares of SS&C Technologies by 72.0% in the 2nd quarter. Swedbank AB now owns 3,419,654 shares of the technology company’s stock valued at $283,147,000 after buying an additional 1,431,620 shares during the period. 96.90% of the stock is owned by hedge funds and other institutional investors.

SS&C Technologies Stock Up 1.8%

SS&C Technologies stock opened at $82.84 on Thursday. The stock has a 50-day simple moving average of $85.30 and a 200-day simple moving average of $84.01. The company has a market capitalization of $20.22 billion, a P/E ratio of 24.58 and a beta of 1.24. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.14 and a current ratio of 1.14. SS&C Technologies Holdings, Inc. has a fifty-two week low of $69.61 and a fifty-two week 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 EPS for the quarter, beating the consensus estimate of $1.47 by $0.10. SS&C Technologies had a net margin of 13.86% and a return on equity of 19.92%. The firm had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.55 billion. During the same quarter in the prior year, the firm earned $1.29 EPS. SS&C Technologies’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. Equities research analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.

SS&C Technologies Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be issued a $0.27 dividend. The ex-dividend date of this dividend is Monday, December 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.3%. SS&C Technologies’s payout ratio is presently 32.05%.

Wall Street Analyst Weigh In

Several research firms have commented on SSNC. Wall Street Zen upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. JPMorgan Chase & Co. increased their target price on SS&C Technologies from $86.00 to $94.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. Raymond James Financial raised their price target on SS&C Technologies from $101.00 to $105.00 and gave the company a “strong-buy” rating in a research note on Friday, October 24th. Jefferies Financial Group increased their price objective on SS&C Technologies from $98.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, October 28th. Finally, UBS Group boosted their target price on SS&C Technologies from $110.00 to $112.00 and gave the stock a “buy” rating in a research note on Friday, October 24th. One 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. According to data from MarketBeat, SS&C Technologies presently has a consensus 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.