SS&C Technologies Holdings, Inc. $SSNC Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System reduced its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 9.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 501,921 shares of the technology company’s stock after selling 53,140 shares during the quarter. California Public Employees Retirement System’s holdings in SS&C Technologies were worth $33,915,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Havemeyer Place LP purchased a new stake in shares of SS&C Technologies during the 4th quarter valued at $26,000. EFG International AG purchased a new position in SS&C Technologies during the 4th quarter worth $29,000. V Square Quantitative Management LLC purchased a new position in SS&C Technologies during the 4th quarter worth $37,000. Osterweis Capital Management Inc. acquired a new position in SS&C Technologies during the 2nd quarter valued at about $40,000. Finally, Fifth Third Bancorp raised its stake in SS&C Technologies by 216.4% in the fourth quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock valued at $42,000 after buying an additional 329 shares during the last quarter. 96.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on SSNC shares. Jefferies Financial Group lowered their price target on SS&C Technologies from $92.00 to $83.00 and set a “buy” rating for the company in a report on Monday. Needham & Company LLC cut their price objective on shares of SS&C Technologies from $95.00 to $90.00 and set a “buy” rating on the stock in a report on Friday, April 24th. Weiss Ratings lowered shares of SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. UBS Group lifted their target price on shares of SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Finally, DA Davidson reissued a “buy” rating and set a $96.00 target price on shares of SS&C Technologies in a research report on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, SS&C Technologies has an average rating of “Moderate Buy” and an average target price of $94.12.

Insider Activity at SS&C Technologies

In other SS&C Technologies news, Director Jonathan E. Michael sold 2,740 shares of SS&C Technologies stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total transaction of $183,196.40. Following the completion of the sale, the director directly owned 79,384 shares in the company, valued at approximately $5,307,614.24. The trade was a 3.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Michael Jay Zamkow sold 3,000 shares of the company’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 completion of 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. In the last quarter, insiders sold 8,740 shares of company stock worth $583,576. 16.00% of the stock is owned by corporate insiders.

SS&C Technologies Stock Performance

Shares of SSNC opened at $67.92 on Wednesday. The stock has a 50-day moving average of $66.70 and a two-hundred day moving average of $71.90. SS&C Technologies Holdings, Inc. has a one year low of $61.40 and a one year high of $91.07. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.10 and a current ratio of 1.10. The stock has a market cap of $16.36 billion, a P/E ratio of 21.03 and a beta of 1.11.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings data on Thursday, April 23rd. The technology company reported $1.69 earnings per share for the quarter, beating 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 period in the prior year, the company 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. As a group, research analysts predict that SS&C Technologies Holdings, Inc. will post 6.17 EPS for the current year.

SS&C Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a $0.27 dividend. 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 currently 33.44%.

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.