Natixis Advisors LLC lessened its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Free Report) by 2.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 589,250 shares of the technology company’s stock after selling 12,136 shares during the quarter. Natixis Advisors LLC owned 0.24% of SS&C Technologies worth $51,512,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in SS&C Technologies by 3.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 767,765 shares of the technology company’s stock valued at $68,147,000 after purchasing an additional 22,547 shares during the period. Teacher Retirement System of Texas grew its stake in SS&C Technologies by 374.3% in the 4th quarter. Teacher Retirement System of Texas now owns 137,799 shares of the technology company’s stock valued at $12,046,000 after purchasing an additional 108,746 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in SS&C Technologies by 8.1% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 217,237 shares of the technology company’s stock valued at $18,628,000 after purchasing an additional 16,278 shares during the period. Cibc World Market Inc. bought a new position in SS&C Technologies in the 3rd quarter valued at $1,414,000. Finally, Assenagon Asset Management S.A. grew its stake in SS&C Technologies by 245.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 46,397 shares of the technology company’s stock valued at $4,056,000 after purchasing an additional 32,963 shares during the period. Institutional investors own 96.90% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on SSNC shares. UBS Group upped their price objective on SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Jefferies Financial Group cut their price target on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a research note on Tuesday, April 21st. Needham & Company LLC cut their price target on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Weiss Ratings downgraded SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Finally, Morgan Stanley cut their price target on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $96.13.
SS&C Technologies Stock Down 0.4%
SSNC stock opened at $67.97 on Thursday. The stock has a fifty day moving average of $68.19 and a 200-day moving average of $76.62. The company has a market capitalization of $16.37 billion, a price-to-earnings ratio of 21.04 and a beta of 1.09. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.10 and a current ratio of 1.10. SS&C Technologies Holdings, Inc. has a fifty-two week low of $64.51 and a fifty-two week high of $91.07.
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.65 by $0.04. The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.63 billion. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The firm’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.44 EPS. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. As a group, equities research analysts predict that SS&C Technologies Holdings, Inc. will post 6.19 earnings per share for the current year.
SS&C Technologies Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $1.08 dividend on an annualized basis and a yield of 1.6%. SS&C Technologies’s dividend payout ratio is 33.44%.
Insider Transactions at SS&C Technologies
In related news, Director Jonathan E. Michael sold 2,740 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total transaction of $183,196.40. Following the sale, the director owned 79,384 shares of the company’s stock, valued at approximately $5,307,614.24. This represents a 3.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Michael Jay Zamkow sold 3,000 shares of the stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $66.68, for a total value of $200,040.00. Following the sale, the director directly owned 18,404 shares in the company, valued at $1,227,178.72. This trade represents a 14.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 8,740 shares of company stock worth $583,576 in the last three months. 16.00% of the stock is currently owned by insiders.
SS&C Technologies 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.
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