Reinhart Partners LLC. Decreases Stock Holdings in SS&C Technologies Holdings, Inc. $SSNC

Reinhart Partners LLC. cut its stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 4.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 128,832 shares of the technology company’s stock after selling 6,566 shares during the period. Reinhart Partners LLC.’s holdings in SS&C Technologies were worth $11,435,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. North Star Asset Management Inc. boosted its position in shares of SS&C Technologies by 1.0% during the 2nd quarter. North Star Asset Management Inc. now owns 611,438 shares of the technology company’s stock worth $50,627,000 after purchasing an additional 6,199 shares during the period. Davis Capital Management purchased a new position in shares of SS&C Technologies during the third quarter worth $1,064,000. Vanguard Group Inc. boosted 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 buying an additional 165,821 shares during the period. DNB Asset Management AS grew its stake in shares of SS&C Technologies by 7.3% in the second quarter. DNB Asset Management AS now owns 48,102 shares of the technology company’s stock valued at $3,983,000 after buying an additional 3,269 shares in the last quarter. Finally, Eaton Financial Holdings Company LLC purchased a new stake in shares of SS&C Technologies in the 2nd quarter valued at $2,828,000. Hedge funds and other institutional investors own 96.90% of the company’s stock.

SS&C Technologies Stock Down 0.3%

Shares of SS&C Technologies stock opened at $85.78 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.94. 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 market capitalization of $20.93 billion, a P/E ratio of 25.45 and a beta of 1.19. The company has a 50 day moving average of $86.40 and a 200 day moving average of $86.02.

SS&C Technologies (NASDAQ:SSNC) last announced 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. The business had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.55 billion. SS&C Technologies had a net margin of 13.86% and a return on equity of 19.80%. The company’s revenue was up 7.0% on a year-over-year basis. During the same period last year, the business earned $1.29 EPS. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS and its FY 2025 guidance at 6.020-6.080 EPS. As a group, research analysts forecast that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.

SS&C Technologies Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Monday, December 1st. SS&C Technologies’s payout ratio is 32.05%.

Analysts Set New Price Targets

SSNC has been the subject of a number of research analyst reports. Royal Bank Of Canada raised their target price on SS&C Technologies from $97.00 to $99.00 and gave the company an “outperform” rating in a report on Friday, October 24th. Needham & Company LLC increased their price target on shares of SS&C Technologies from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. UBS Group lifted their price objective on shares of SS&C Technologies from $110.00 to $112.00 and gave the company a “buy” rating in a report on Friday, October 24th. Jefferies Financial Group raised their price target on shares of SS&C Technologies from $98.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, October 28th. Finally, Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Sunday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $101.75.

Insider Activity

In other news, Director Normand A. Boulanger sold 150,000 shares of the stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $85.85, for a total value of $12,877,500.00. Following the transaction, the director owned 386,924 shares in the company, valued at approximately $33,217,425.40. This represents a 27.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 16.40% of the company’s stock.

SS&C Technologies Company Profile

SS&C Technologies is a global provider of software and services for the financial services industry, offering technology and outsourcing solutions that support investment managers, asset servicing firms, insurance companies, private equity and real estate managers, hedge funds, wealth managers and other financial institutions. The company’s offerings span front-, middle- and back-office functionality, enabling clients to automate trading, portfolio accounting, reconciliation, performance measurement, risk and compliance, and client reporting.

SS&C delivers its capabilities through a mix of licensed software, cloud-based SaaS platforms and managed services.