BNP Paribas Financial Markets Sells 193,585 Shares of SS&C Technologies Holdings, Inc. $SSNC

BNP Paribas Financial Markets trimmed its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 52.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 179,050 shares of the technology company’s stock after selling 193,585 shares during the period. BNP Paribas Financial Markets’ holdings in SS&C Technologies were worth $15,653,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Norges Bank bought a new stake in SS&C Technologies during the fourth quarter worth about $242,846,000. Eurizon Capital SGR S.p.A. bought a new stake in SS&C Technologies during the fourth quarter worth about $3,201,000. Hillsdale Investment Management Inc. raised its holdings in SS&C Technologies by 4,695.7% during the fourth quarter. Hillsdale Investment Management Inc. now owns 11,030 shares of the technology company’s stock worth $964,000 after acquiring an additional 10,800 shares in the last quarter. National Pension Service raised its holdings in SS&C Technologies by 14.3% during the fourth quarter. National Pension Service now owns 213,588 shares of the technology company’s stock worth $18,672,000 after acquiring an additional 26,764 shares in the last quarter. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in SS&C Technologies during the fourth quarter worth approximately $12,405,000. 96.90% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

SSNC has been the topic of a number of recent analyst reports. UBS Group boosted their price target on SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Morgan Stanley lowered their price target on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. Jefferies Financial Group lowered their price target on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating on the stock in a research report on Tuesday, April 21st. DA Davidson reissued a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a research report on Monday, April 27th. Finally, Weiss Ratings downgraded SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. One 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. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $96.13.

SS&C Technologies Stock Up 0.7%

NASDAQ SSNC opened at $69.91 on Friday. The business has a fifty day moving average price of $68.28 and a two-hundred day moving average price of $76.47. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.10 and a quick 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. The stock has a market capitalization of $16.84 billion, a PE ratio of 21.64 and a beta of 1.09.

SS&C Technologies (NASDAQ:SSNC) last released its earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.04. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The firm had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same period in the prior year, the company earned $1.44 earnings per share. The company’s quarterly revenue was up 8.8% on a year-over-year basis. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Equities analysts expect that SS&C Technologies Holdings, Inc. will post 6.19 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, June 1st. SS&C Technologies’s dividend payout ratio is presently 33.44%.

Insiders Place Their Bets

In other news, Director Jonathan E. Michael sold 2,740 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total value of $183,196.40. Following the completion of the transaction, the director directly owned 79,384 shares in the company, valued at approximately $5,307,614.24. This represents a 3.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael Jay Zamkow sold 3,000 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $66.68, for a total value of $200,040.00. Following the completion of the transaction, the director owned 18,404 shares of the company’s stock, valued at $1,227,178.72. The trade was a 14.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 8,740 shares of company stock valued at $583,576 over the last quarter. 16.00% of the stock is owned by corporate 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.