Handelsbanken Fonder AB Raises Stock Holdings in SS&C Technologies Holdings, Inc. $SSNC

Handelsbanken Fonder AB increased its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 20.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 103,610 shares of the technology company’s stock after purchasing an additional 17,581 shares during the quarter. Handelsbanken Fonder AB’s holdings in SS&C Technologies were worth $9,058,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in SS&C Technologies by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 20,532,012 shares of the technology company’s stock valued at $1,794,908,000 after buying an additional 74,170 shares during the last quarter. State Street Corp raised its stake in SS&C Technologies by 2.0% in the third quarter. State Street Corp now owns 5,938,535 shares of the technology company’s stock valued at $527,104,000 after buying an additional 117,983 shares during the last quarter. Swedbank AB raised its stake in SS&C Technologies by 0.9% in the fourth quarter. Swedbank AB now owns 3,744,599 shares of the technology company’s stock valued at $327,353,000 after buying an additional 34,266 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in SS&C Technologies by 1.7% in the third quarter. Dimensional Fund Advisors LP now owns 2,979,431 shares of the technology company’s stock valued at $264,435,000 after buying an additional 50,757 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its stake in SS&C Technologies by 14.4% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 2,014,370 shares of the technology company’s stock valued at $176,096,000 after buying an additional 253,731 shares during the last quarter. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

SS&C Technologies Stock Down 0.4%

Shares of SSNC stock opened at $66.95 on Friday. The stock’s 50-day simple moving average is $69.02 and its 200-day simple moving average is $77.74. 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 firm has a market capitalization of $16.12 billion, a PE ratio of 20.73 and a beta of 1.12. SS&C Technologies Holdings, Inc. has a fifty-two week low of $64.51 and a fifty-two week high of $91.07.

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. The business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.63 billion. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The company’s revenue was up 8.8% on a year-over-year basis. During the same period in the prior year, the company earned $1.44 earnings per share. 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 year.

Analysts Set New Price Targets

A number of equities research analysts have commented on SSNC shares. Needham & Company LLC decreased their price target 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. UBS Group increased their price target on SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Weiss Ratings cut SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. DA Davidson reiterated a “buy” rating and issued a $96.00 price target on shares of SS&C Technologies in a research note on Monday, April 27th. Finally, Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, SS&C Technologies currently has a consensus rating of “Moderate Buy” and an average target price 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.