Cantillon Capital Management LLC grew its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Free Report) by 0.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,258,493 shares of the technology company’s stock after buying an additional 32,136 shares during the quarter. SS&C Technologies accounts for about 2.0% of Cantillon Capital Management LLC’s investment portfolio, making the stock its 24th biggest position. Cantillon Capital Management LLC’s holdings in SS&C Technologies were worth $372,277,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of SSNC. Havemeyer Place LP bought a new position in shares of SS&C Technologies during the fourth quarter valued at approximately $26,000. V Square Quantitative Management LLC bought a new position in shares of SS&C Technologies during the fourth quarter valued at approximately $37,000. Osterweis Capital Management Inc. bought a new position in shares of SS&C Technologies during the second quarter valued at approximately $40,000. Fifth Third Bancorp grew its stake in shares of SS&C Technologies by 216.4% during 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. Finally, Private Trust Co. NA grew its stake in shares of SS&C Technologies by 36.0% during the fourth quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock valued at $44,000 after buying an additional 133 shares during the last quarter. Institutional investors own 96.90% of the company’s stock.
Insider Buying and Selling at SS&C Technologies
In other news, Director Michael Jay Zamkow sold 3,000 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $66.68, for a total transaction of $200,040.00. Following the completion of the sale, the director owned 18,404 shares in the company, valued at approximately $1,227,178.72. This represents a 14.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jonathan E. Michael sold 2,740 shares of the 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 sale, the director owned 79,384 shares of the company’s stock, valued at approximately $5,307,614.24. This represents a 3.34% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 8,740 shares of company stock valued at $583,576. Company insiders own 16.00% of the company’s stock.
SS&C Technologies Price Performance
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last posted its 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. The company had revenue of $1.65 billion during 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%.SS&C Technologies’s revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.44 earnings per share. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. On average, analysts forecast that SS&C Technologies Holdings, Inc. will post 6.19 earnings per share for the current fiscal year.
SS&C Technologies Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued a dividend of $0.27 per share. 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 is currently 33.44%.
Analysts Set New Price Targets
A number of research analysts have recently commented on SSNC shares. DA Davidson reaffirmed a “buy” rating and set a $96.00 target price on shares of SS&C Technologies in a research note on Monday, April 27th. Weiss Ratings lowered SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. Needham & Company LLC lowered their price target on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a report on Friday, April 24th. UBS Group boosted their price target on SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a report on Friday, April 24th. Finally, Morgan Stanley lowered their price target on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $96.13.
Read Our Latest Stock Analysis on SS&C Technologies
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.
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