Bank of Nova Scotia Boosts Stock Position in SS&C Technologies Holdings, Inc. $SSNC

Posted by ABMN Staff on Jul 27th, 2026

Bank of Nova Scotia boosted its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Free Report) by 751.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 132,661 shares of the technology company’s stock after purchasing an additional 117,088 shares during the period. Bank of Nova Scotia’s holdings in SS&C Technologies were worth $8,964,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Bank of Montreal Can increased its position in shares of SS&C Technologies by 4,424.6% during the fourth quarter. Bank of Montreal Can now owns 5,126,190 shares of the technology company’s stock valued at $448,132,000 after buying an additional 5,012,893 shares during the period. Norges Bank bought a new stake in SS&C Technologies in the 4th quarter worth $242,846,000. Lyrical Asset Management LP purchased a new position in shares of SS&C Technologies in the fourth quarter valued at about $220,573,000. Alliancebernstein L.P. increased its position in shares of SS&C Technologies by 503.0% in the third quarter. Alliancebernstein L.P. now owns 1,261,559 shares of the technology company’s stock valued at $111,976,000 after acquiring an additional 1,052,331 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in shares of SS&C Technologies by 48.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,267,717 shares of the technology company’s stock valued at $198,244,000 after acquiring an additional 743,245 shares during the last quarter. Institutional investors own 96.90% of the company’s stock.

SS&C Technologies Price Performance

NASDAQ:SSNC opened at $73.88 on Monday. SS&C Technologies Holdings, Inc. has a fifty-two week low of $61.40 and a fifty-two week high of $91.07. The firm has a market cap of $17.79 billion, a P/E ratio of 21.23 and a beta of 1.11. The firm has a 50-day simple moving average of $66.98 and a two-hundred day simple moving average of $71.53. 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 (NASDAQ:SSNC – Get Free Report) last issued its earnings results on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.68 by $0.08. SS&C Technologies had a return on equity of 21.02% and a net margin of 13.16%.The business had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period last year, the business posted $1.45 EPS. The company’s revenue was up 10.3% compared to the same quarter last year. SS&C Technologies has set its FY 2026 guidance at 6.930-7.250 EPS and its Q3 2026 guidance at 1.730-1.790 EPS. Analysts predict that SS&C Technologies Holdings, Inc. will post 6.17 earnings per share for the current fiscal year.

SS&C Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Monday, June 1st. SS&C Technologies’s dividend payout ratio is 31.03%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on SSNC. Morgan Stanley cut their target price on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. Weiss Ratings downgraded SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 price target on shares of SS&C Technologies in a report on Friday. Jefferies Financial Group reduced their price objective on shares of SS&C Technologies from $92.00 to $83.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. Finally, DA Davidson restated a “buy” rating and issued a $96.00 price objective on shares of SS&C Technologies in a report on Wednesday, July 15th. One 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 company’s stock. According to MarketBeat, SS&C Technologies has a consensus rating of “Moderate Buy” and an average price target of $93.25.

Read Our Latest Report on SS&C Technologies

Insider Activity at SS&C Technologies

In other news, Director Jonathan E. Michael sold 2,740 shares of the business’s stock in a transaction 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 owned 79,384 shares of the company’s stock, valued at $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 available at this link. Also, Director Michael Jay Zamkow sold 3,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $66.68, for a total value of $200,040.00. Following the completion of the transaction, the director directly owned 18,404 shares in the company, valued at approximately $1,227,178.72. This represents a 14.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 8,740 shares of company stock valued at $583,576 over the last 90 days. 16.00% of the stock is currently owned by company insiders.

More SS&C Technologies News

Here are the key news stories impacting SS&C Technologies this week:

Positive Sentiment: SS&C beat Q2 expectations with earnings of $1.76 per share versus $1.68 expected, and revenue of $1.70 billion versus $1.66 billion expected, alongside 10.3% year-over-year revenue growth. SS&C Technologies Releases Record Q2 2026 Financial Results
Positive Sentiment: The company raised guidance, projecting Q3 2026 EPS of $1.73-$1.79 and FY 2026 EPS of $6.93-$7.25, both above consensus, which supports expectations for continued earnings momentum. SS&C Technologies Holdings, Inc. 2026 Q2 – Results – Earnings Call Presentation
Positive Sentiment: Royal Bank of Canada lifted its price target on SS&C from $89 to $92 and reiterated an “outperform” rating, signaling higher confidence in the stock’s upside. Benzinga
Neutral Sentiment: Additional post-earnings coverage, including transcript and earnings snapshot articles, mostly reiterates the same message: SS&C’s quarter topped estimates and the company sounded constructive about its outlook. SS&C Technologies Holdings, Inc. (SSNC) Q2 2026 Earnings Call Transcript

About SS&C Technologies

(Free Report)

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.