Cibc World Market Inc. Invests $1.41 Million in SS&C Technologies Holdings, Inc. $SSNC

Cibc World Market Inc. purchased a new stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 15,928 shares of the technology company’s stock, valued at approximately $1,414,000.

A number of other large investors also recently modified their holdings of the company. Caldwell Trust Co bought a new stake in SS&C Technologies during the 2nd quarter valued at approximately $27,000. Quent Capital LLC purchased a new stake in SS&C Technologies during the third quarter valued at approximately $39,000. Cornerstone Planning Group LLC increased its position in SS&C Technologies by 1,890.9% during the third quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock valued at $39,000 after acquiring an additional 416 shares during the last quarter. Osterweis Capital Management Inc. purchased a new stake in SS&C Technologies in the 2nd quarter worth about $40,000. Finally, Root Financial Partners LLC purchased a new position in SS&C Technologies during the 3rd quarter valued at $42,000. Hedge funds and other institutional investors own 96.90% of the company’s stock.

SS&C Technologies Trading Up 1.3%

Shares of SSNC stock opened at $72.09 on Tuesday. SS&C Technologies Holdings, Inc. has a 1-year low of $69.61 and a 1-year high of $91.07. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.12 and a quick ratio of 1.12. The company has a 50-day moving average of $84.07 and a two-hundred day moving average of $85.41. The firm has a market cap of $17.59 billion, a PE ratio of 22.81 and a beta of 1.17.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings results on Thursday, February 5th. The technology company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.07. The company had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.62 billion. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The firm’s revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.58 earnings per share. SS&C Technologies has set its Q1 2026 guidance at 1.620-1.680 EPS and its FY 2026 guidance at 6.700-7.020 EPS. On average, analysts predict that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current year.

SS&C Technologies Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Monday, December 1st. SS&C Technologies’s dividend payout ratio (DPR) is presently 34.18%.

Insider Activity

In other news, Director Normand A. Boulanger sold 150,000 shares of the business’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $85.85, for a total transaction of $12,877,500.00. Following the completion of the transaction, the director directly owned 386,924 shares of the company’s stock, valued at approximately $33,217,425.40. The trade was a 27.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 16.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on SSNC. DA Davidson restated a “buy” rating and issued a $106.00 target price on shares of SS&C Technologies in a research note on Friday, February 6th. Morgan Stanley lifted their price target on shares of SS&C Technologies from $88.00 to $92.00 and gave the stock an “equal weight” rating in a report on Friday, October 24th. Weiss Ratings reiterated a “buy (b)” rating on shares of SS&C Technologies in a research note on Thursday, January 22nd. Raymond James Financial restated a “strong-buy” rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. Finally, Royal Bank Of Canada boosted their target price on shares of SS&C Technologies from $97.00 to $99.00 and gave the company an “outperform” rating in a research report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $101.00.

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.