Aristides Capital LLC raised its stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Free Report) by 82.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 39,839 shares of the technology company’s stock after buying an additional 18,063 shares during the quarter. Aristides Capital LLC’s holdings in SS&C Technologies were worth $2,692,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SSNC. Teacher Retirement System of Texas grew its holdings in SS&C Technologies by 374.3% during the fourth quarter. Teacher Retirement System of Texas now owns 137,799 shares of the technology company’s stock worth $12,046,000 after acquiring an additional 108,746 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in SS&C Technologies by 8.1% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 217,237 shares of the technology company’s stock valued at $18,628,000 after acquiring an additional 16,278 shares during the period. Kepler Cheuvreux Suisse SA lifted its holdings in SS&C Technologies by 29.4% in the fourth quarter. Kepler Cheuvreux Suisse SA now owns 121,773 shares of the technology company’s stock valued at $10,645,000 after acquiring an additional 27,686 shares during the period. Assenagon Asset Management S.A. boosted its position in shares of SS&C Technologies by 245.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 46,397 shares of the technology company’s stock worth $4,056,000 after purchasing an additional 32,963 shares in the last quarter. Finally, Foster Victor Wealth Advisors LLC grew its stake in shares of SS&C Technologies by 8.0% during the 4th quarter. Foster Victor Wealth Advisors LLC now owns 295,413 shares of the technology company’s stock worth $25,341,000 after purchasing an additional 21,950 shares during the period. Institutional investors own 96.90% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages recently commented on SSNC. 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 lowered their target price on shares of SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. JPMorgan Chase & Co. dropped their target price on shares of SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating for the company in a report on Monday. Jefferies Financial Group reduced their price target on shares of SS&C Technologies from $92.00 to $83.00 and set a “buy” rating for the company in a research report on Monday. Finally, UBS Group boosted their price target on SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $94.12.
Insider Buying and Selling at SS&C Technologies
In related 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 sale, the director owned 18,404 shares of the company’s stock, valued at $1,227,178.72. This trade represents a 14.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jonathan E. Michael sold 2,740 shares of SS&C Technologies stock in a transaction dated Wednesday, May 20th. The stock was 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 SEC filing for this sale provides additional information. Insiders have sold 8,740 shares of company stock valued at $583,576 in the last three months. 16.00% of the stock is currently owned by company insiders.
SS&C Technologies Stock Down 0.1%
Shares of NASDAQ SSNC opened at $66.95 on Friday. SS&C Technologies Holdings, Inc. has a 12-month low of $61.40 and a 12-month high of $91.07. The company has a market capitalization of $16.12 billion, a PE ratio of 20.73 and a beta of 1.11. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.10 and a quick ratio of 1.10. The firm’s 50-day moving average is $66.79 and its two-hundred day moving average is $71.63.
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.08. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The business had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same period last year, the company posted $1.45 EPS. The company’s revenue was up 10.3% on a year-over-year basis. 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. Equities analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.17 EPS for the current fiscal year.
SS&C Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.08 annualized dividend and a yield of 1.6%. SS&C Technologies’s dividend payout ratio (DPR) is presently 33.44%.
Key Stories Impacting SS&C Technologies
Here are the key news stories impacting SS&C Technologies this week:
- Positive Sentiment: SS&C posted Q2 EPS of $1.76, beating expectations of $1.68, while revenue of $1.70 billion also topped estimates. The company said revenue rose 10.3% year over year, showing solid operating momentum. Article Title
- Positive Sentiment: The company raised guidance: Q3 EPS guidance of $1.73-$1.79 came in above consensus, and full-year FY2026 EPS guidance of $6.93-$7.25 also exceeded analyst expectations, suggesting management is confident in continued growth. Article Title
- Positive Sentiment: Company commentary around a record quarter and continued demand for its technology and automation offerings, including news that Marsh is scaling agentic automation with SS&C’s WorkHQ, may have reinforced the growth narrative. Article Title
- Neutral Sentiment: Several recap and earnings-call articles mainly restate the same beats and guidance, likely adding to investor focus but not providing much new information beyond the headline results. Article Title
- Negative Sentiment: Some analyst coverage turned cautious, including a lower JPMorgan price target and a pessimistic forecast from Jefferies, which may be limiting upside after the earnings rally. Article Title
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.
Read More
- Five stocks we like better than SS&C Technologies
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
Want to see what other hedge funds are holding SSNC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Free Report).
Receive News & Ratings for SS&C Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SS&C Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
