Cooper Investors PTY Ltd. Cuts Stake in SS&C Technologies Holdings, Inc. $SSNC

Cooper Investors PTY Ltd. cut its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 54.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 53,065 shares of the technology company’s stock after selling 62,273 shares during the quarter. SS&C Technologies accounts for 1.5% of Cooper Investors PTY Ltd.’s investment portfolio, making the stock its 25th largest position. Cooper Investors PTY Ltd.’s holdings in SS&C Technologies were worth $4,639,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SSNC. Millennium Management LLC increased its position in shares of SS&C Technologies by 349.1% during the first quarter. Millennium Management LLC now owns 176,630 shares of the technology company’s stock worth $14,754,000 after acquiring an additional 137,301 shares during the period. NewEdge Advisors LLC grew its stake in SS&C Technologies by 6,069.0% during the 1st quarter. NewEdge Advisors LLC now owns 2,591 shares of the technology company’s stock worth $216,000 after purchasing an additional 2,549 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in SS&C Technologies by 16.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 690,340 shares of the technology company’s stock worth $57,664,000 after purchasing an additional 97,247 shares in the last quarter. Focus Partners Wealth increased its holdings in SS&C Technologies by 35.1% during the 1st quarter. Focus Partners Wealth now owns 9,362 shares of the technology company’s stock worth $782,000 after purchasing an additional 2,431 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in SS&C Technologies by 8.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 412,791 shares of the technology company’s stock worth $34,179,000 after purchasing an additional 30,449 shares during the period. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on SSNC shares. Weiss Ratings reiterated a “buy (b)” rating on shares of SS&C Technologies in a research note on Thursday, January 22nd. Needham & Company LLC cut their target price on shares of SS&C Technologies from $105.00 to $95.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. Wall Street Zen cut shares of SS&C Technologies from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Raymond James Financial reiterated a “strong-buy” rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. Finally, DA Davidson reissued a “buy” rating and issued a $106.00 price objective on shares of SS&C Technologies in a research report on Friday, February 6th. 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. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $101.00.

SS&C Technologies Price Performance

Shares of NASDAQ SSNC opened at $65.42 on Monday. The business has a 50-day moving average of $75.15 and a two-hundred day moving average of $82.21. The company has a market capitalization of $15.80 billion, a price-to-earnings ratio of 20.70 and a beta of 1.18. SS&C Technologies Holdings, Inc. has a 1 year low of $65.05 and a 1 year high of $91.07. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.07 and a quick ratio of 1.07.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings data on Thursday, February 5th. The technology company reported $1.69 EPS for the quarter, beating analysts’ consensus estimates of $1.62 by $0.07. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The business had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.62 billion. During the same quarter in the prior year, the business posted $1.58 EPS. The business’s revenue for the quarter was up 8.1% on a year-over-year basis. 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 forecast that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.7%. The ex-dividend date was Monday, March 2nd. SS&C Technologies’s dividend payout ratio is currently 34.18%.

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.