7,106 Shares in SS&C Technologies Holdings, Inc. $SSNC Purchased by Evolve Private Wealth LLC

Evolve Private Wealth LLC purchased a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNCFree Report) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 7,106 shares of the technology company’s stock, valued at approximately $441,000.

Several other institutional investors also recently bought and sold shares of SSNC. Havemeyer Place LP acquired a new position in shares of SS&C Technologies during the fourth quarter valued at approximately $26,000. EFG International AG acquired a new stake in shares of SS&C Technologies in the fourth quarter worth approximately $29,000. Osterweis Capital Management Inc. acquired a new stake in shares of SS&C Technologies in the second quarter worth approximately $40,000. Fifth Third Bancorp increased its position in shares of SS&C Technologies by 216.4% during the fourth quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after purchasing an additional 329 shares in the last quarter. Finally, Litman Gregory Wealth Management LLC purchased a new stake in shares of SS&C Technologies during the fourth quarter worth approximately $44,000. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on SSNC shares. Needham & Company LLC restated a “buy” rating and issued a $90.00 price objective on shares of SS&C Technologies in a report on Friday, July 24th. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. UBS Group reiterated a “buy” rating and issued a $99.00 target price on shares of SS&C Technologies in a research report on Thursday, August 13th. DA Davidson reissued a “buy” rating and issued a $96.00 price target on shares of SS&C Technologies in a research note on Monday, July 27th. Finally, Royal Bank Of Canada boosted their price target on shares of SS&C Technologies from $89.00 to $92.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $91.25.

Check Out Our Latest Report on SS&C Technologies

SS&C Technologies Stock Performance

NASDAQ SSNC opened at $82.99 on Wednesday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.06. The stock’s fifty day moving average is $72.44 and its two-hundred day moving average is $70.85. The firm has a market capitalization of $19.47 billion, a P/E ratio of 23.85 and a beta of 1.07. SS&C Technologies Holdings, Inc. has a fifty-two week low of $61.40 and a fifty-two week high of $90.26.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.08. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The firm had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter in the previous year, the company posted $1.45 EPS. The company’s revenue was up 10.3% compared to the same quarter last year. SS&C Technologies has set its FY 2026 guidance at 6.930-7.250 EPS and its Q3 2026 guidance at 1.730-1.790 EPS. On average, research analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.28 earnings per share for the current year.

SS&C Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.4%. The ex-dividend date is Tuesday, September 1st. This is a positive change from SS&C Technologies’s previous quarterly dividend of $0.27. SS&C Technologies’s dividend payout ratio (DPR) is presently 34.48%.

SS&C Technologies Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for SS&C Technologies (NASDAQ:SSNC)

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