BTC Capital Management Inc. Boosts Stock Holdings in SS&C Technologies Holdings, Inc. $SSNC

BTC Capital Management Inc. boosted its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 19.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 74,198 shares of the technology company’s stock after purchasing an additional 12,143 shares during the period. BTC Capital Management Inc.’s holdings in SS&C Technologies were worth $5,014,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Millennium Management LLC lifted its holdings 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 valued at $14,754,000 after buying an additional 137,301 shares during the period. NewEdge Advisors LLC grew 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 acquiring an additional 2,549 shares during the period. Goldman Sachs Group Inc. grew its holdings in SS&C Technologies by 16.4% during the first quarter. Goldman Sachs Group Inc. now owns 690,340 shares of the technology company’s stock worth $57,664,000 after acquiring an additional 97,247 shares during the period. Focus Partners Wealth raised its position in SS&C Technologies by 35.1% in the first quarter. Focus Partners Wealth now owns 9,362 shares of the technology company’s stock worth $782,000 after acquiring an additional 2,431 shares in the last quarter. Finally, Invesco Ltd. raised its position in SS&C Technologies by 17.9% in the second quarter. Invesco Ltd. now owns 569,693 shares of the technology company’s stock worth $47,171,000 after acquiring an additional 86,606 shares in the last quarter. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Insider Activity

In other SS&C Technologies news, Director Jonathan E. Michael sold 2,740 shares of SS&C Technologies stock in a transaction dated 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 transaction, the director owned 79,384 shares in the company, valued at approximately $5,307,614.24. The trade was a 3.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Michael Jay Zamkow sold 3,000 shares of the company’s stock in a transaction dated 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 position. The SEC filing for this sale provides additional information. Insiders have sold a total of 8,740 shares of company stock valued at $583,576 over the last 90 days. 16.00% of the stock is currently owned by insiders.

SS&C Technologies Stock Performance

Shares of SSNC stock opened at $65.95 on Thursday. The stock has a fifty day moving average price of $68.02 and a 200 day moving average price of $74.79. 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 $15.88 billion, a PE ratio of 20.42 and a beta of 1.09. SS&C Technologies Holdings, Inc. has a 1 year low of $64.37 and a 1 year high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last posted its earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.04. The company 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%.SS&C Technologies’s revenue was up 8.8% compared to the same quarter last year. During the same quarter 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. Sell-side analysts forecast that SS&C Technologies Holdings, Inc. will post 6.17 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

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

Wall Street Analyst Weigh In

Several brokerages have commented on SSNC. 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 increased their price target on shares of SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a report on Friday, April 24th. Wall Street Zen upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Morgan Stanley decreased their price objective on shares of SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Finally, DA Davidson restated a “buy” rating and set a $96.00 target price on shares of SS&C Technologies in a research report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, SS&C Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $96.12.

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.