Fjarde AP Fonden Fourth Swedish National Pension Fund Purchases 42,150 Shares of SS&C Technologies Holdings, Inc. $SSNC

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 97.2% during the 1st quarter, Holdings Channel reports. The fund owned 85,507 shares of the technology company’s stock after buying an additional 42,150 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in SS&C Technologies were worth $5,778,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Millennium Management LLC lifted its position in shares of SS&C Technologies by 349.1% in the 1st quarter. Millennium Management LLC now owns 176,630 shares of the technology company’s stock worth $14,754,000 after purchasing an additional 137,301 shares during the period. NewEdge Advisors LLC lifted its holdings in SS&C Technologies by 6,069.0% during the first quarter. NewEdge Advisors LLC now owns 2,591 shares of the technology company’s stock worth $216,000 after buying an additional 2,549 shares during the period. Goldman Sachs Group Inc. boosted its position 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 valued at $57,664,000 after acquiring an additional 97,247 shares in the last quarter. Focus Partners Wealth boosted its position 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 valued at $782,000 after acquiring an additional 2,431 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in shares of SS&C Technologies by 17.9% in the 2nd quarter. Invesco Ltd. now owns 569,693 shares of the technology company’s stock valued at $47,171,000 after acquiring an additional 86,606 shares during the period. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Insider Buying and Selling

In other SS&C Technologies news, Director Jonathan E. Michael sold 2,740 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were 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 of the company’s stock, valued at approximately $5,307,614.24. This trade represents a 3.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Michael Jay Zamkow sold 3,000 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $66.68, for a total transaction of $200,040.00. Following the sale, the director directly owned 18,404 shares in the company, valued at $1,227,178.72. This trade represents a 14.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 8,740 shares of company stock worth $583,576 in the last 90 days. 16.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on SSNC. DA Davidson restated a “buy” rating and set a $96.00 price objective on shares of SS&C Technologies in a research note on Monday, April 27th. Jefferies Financial Group reduced their target price on shares of SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a report on Tuesday, April 21st. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. UBS Group lifted their price objective on shares of SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Finally, Weiss Ratings lowered shares of SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $96.12.

SS&C Technologies Stock Performance

SS&C Technologies stock opened at $65.52 on Monday. The stock has a 50-day moving average of $66.98 and a two-hundred day moving average of $73.65. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.10 and a current ratio of 1.10. SS&C Technologies Holdings, Inc. has a one year low of $61.40 and a one year high of $91.07. The stock has a market cap of $15.78 billion, a PE ratio of 20.28 and a beta of 1.11.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the previous year, the firm earned $1.44 earnings per share. The company’s 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. On average, research analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.17 EPS for the current fiscal year.

SS&C Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a dividend of $0.27 per share. The ex-dividend date was Monday, June 1st. This represents a $1.08 dividend on an annualized basis and a yield of 1.6%. SS&C Technologies’s dividend payout ratio is presently 33.44%.

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.