Hilltop National Bank Buys Shares of 1,407 SS&C Technologies Holdings, Inc. $SSNC

Hilltop National Bank purchased a new position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,407 shares of the technology company’s stock, valued at approximately $116,000.

A number of other institutional investors have also recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC raised its stake in SS&C Technologies by 102.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,070 shares of the technology company’s stock valued at $1,900,000 after buying an additional 12,717 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of SS&C Technologies by 5.3% during the fourth quarter. Wellington Management Group LLP now owns 3,193 shares of the technology company’s stock valued at $242,000 after acquiring an additional 161 shares in the last quarter. Merit Financial Group LLC raised its position in shares of SS&C Technologies by 71.2% in the 1st quarter. Merit Financial Group LLC now owns 8,108 shares of the technology company’s stock valued at $677,000 after purchasing an additional 3,372 shares during the last quarter. Vest Financial LLC acquired a new stake in SS&C Technologies in the 1st quarter worth approximately $276,000. Finally, Radnor Capital Management LLC purchased a new stake in SS&C Technologies during the 1st quarter worth approximately $210,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

SS&C Technologies Stock Performance

Shares of NASDAQ:SSNC opened at $87.89 on Friday. The business’s 50 day moving average price is $87.79 and its 200-day moving average price is $82.62. SS&C Technologies Holdings, Inc. has a 1 year low of $66.83 and a 1 year 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. The firm has a market capitalization of $21.46 billion, a PE ratio of 27.55 and a beta of 1.23.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings data on Wednesday, July 23rd. The technology company reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.06. SS&C Technologies had a return on equity of 18.92% and a net margin of 13.34%.The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same quarter last year, the firm posted $1.27 EPS. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. SS&C Technologies has set its FY 2025 guidance at 5.820-6.060 EPS. Q3 2025 guidance at 1.440-1.500 EPS. As a group, equities research analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors 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 yield of 4.9%. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.25. SS&C Technologies’s dividend payout ratio is currently 33.86%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on SSNC shares. DA Davidson raised their price target on shares of SS&C Technologies from $98.00 to $102.00 and gave the stock a “buy” rating in a report on Friday, July 25th. Morgan Stanley lifted their price target on SS&C Technologies from $75.00 to $88.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 24th. Weiss Ratings reissued a “buy (b)” rating on shares of SS&C Technologies in a report on Saturday, September 27th. UBS Group lifted their target price on SS&C Technologies from $108.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Finally, JPMorgan Chase & Co. increased their price target on shares of SS&C Technologies from $86.00 to $94.00 and gave the stock a “neutral” rating in a report on Thursday, July 24th. One investment 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, the company has a consensus rating of “Moderate Buy” and an average price target of $97.38.

SS&C Technologies 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.