SS&C Technologies Holdings, Inc. $SSNC Shares Sold by Cookson Peirce & Co. Inc.

Cookson Peirce & Co. Inc. reduced its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 7.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 226,658 shares of the technology company’s stock after selling 17,507 shares during the quarter. Cookson Peirce & Co. Inc. owned about 0.09% of SS&C Technologies worth $19,814,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Havemeyer Place LP acquired a new stake in shares of SS&C Technologies in the 4th quarter worth $26,000. V Square Quantitative Management LLC acquired a new stake in shares of SS&C Technologies in the 4th quarter worth $37,000. Osterweis Capital Management Inc. acquired a new stake in shares of SS&C Technologies in the 2nd quarter worth $40,000. Fifth Third Bancorp increased its stake in shares of SS&C Technologies by 216.4% in the 4th quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after acquiring an additional 329 shares during the last quarter. Finally, Private Trust Co. NA increased its stake in shares of SS&C Technologies by 36.0% in the 4th quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock worth $44,000 after acquiring an additional 133 shares during the last quarter. 96.90% of the stock is owned by institutional investors and hedge funds.

SS&C Technologies Stock Performance

Shares of SS&C Technologies stock opened at $69.91 on Friday. The business has a 50-day moving average of $68.28 and a 200 day moving average of $76.47. SS&C Technologies Holdings, Inc. has a 12 month low of $64.51 and a 12 month high of $91.07. The stock has a market capitalization of $16.84 billion, a price-to-earnings ratio of 21.64 and a beta of 1.09. 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 (NASDAQ:SSNC) last announced its earnings results on Thursday, April 23rd. The technology company reported $1.69 EPS for the quarter, beating analysts’ consensus estimates of $1.65 by $0.04. The company had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.63 billion. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.SS&C Technologies’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period last year, the business posted $1.44 EPS. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. As a group, sell-side analysts forecast that SS&C Technologies Holdings, Inc. will post 6.19 earnings per share for the current year.

SS&C Technologies Announces Dividend

The business also recently disclosed 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 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, June 1st. SS&C Technologies’s dividend payout ratio (DPR) is presently 33.44%.

Insider Activity

In other news, Director Jonathan E. Michael sold 2,740 shares of SS&C Technologies stock in a transaction dated 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 owned 79,384 shares in the company, valued at approximately $5,307,614.24. This trade represents a 3.34% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Michael Jay Zamkow sold 3,000 shares of SS&C Technologies stock in a transaction dated 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 position. The SEC filing for this sale provides additional information. Insiders sold a total of 8,740 shares of company stock valued at $583,576 in the last quarter. Company insiders own 16.00% of the company’s stock.

Analysts Set New Price Targets

SSNC has been the subject of a number of recent research reports. DA Davidson reaffirmed a “buy” rating and issued a $96.00 target price on shares of SS&C Technologies in a research note on Monday, April 27th. Morgan Stanley cut their target price on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. Needham & Company LLC cut their target price on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Jefferies Financial Group cut their target price on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a research note on Tuesday, April 21st. Finally, Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, SS&C Technologies has an average rating of “Moderate Buy” and an average price target of $96.13.

About SS&C Technologies

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.