ProShare Advisors LLC Raises Position in SS&C Technologies Holdings, Inc. $SSNC

ProShare Advisors LLC lifted its stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 11.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 80,277 shares of the technology company’s stock after purchasing an additional 8,408 shares during the quarter. ProShare Advisors LLC’s holdings in SS&C Technologies were worth $7,125,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of SSNC. National Pension Service increased its stake in SS&C Technologies by 27.2% in the third quarter. National Pension Service now owns 186,824 shares of the technology company’s stock worth $16,582,000 after purchasing an additional 39,984 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of SS&C Technologies by 3.0% in the third quarter. Envestnet Asset Management Inc. now owns 767,765 shares of the technology company’s stock worth $68,147,000 after purchasing an additional 22,547 shares during the last quarter. Davis Capital Management purchased a new position in SS&C Technologies in the 3rd quarter worth about $1,064,000. North Star Asset Management Inc. lifted its holdings in SS&C Technologies by 1.0% during the 2nd quarter. North Star Asset Management Inc. now owns 611,438 shares of the technology company’s stock valued at $50,627,000 after buying an additional 6,199 shares in the last quarter. Finally, DNB Asset Management AS boosted its position in SS&C Technologies by 7.3% in the 2nd quarter. DNB Asset Management AS now owns 48,102 shares of the technology company’s stock valued at $3,983,000 after buying an additional 3,269 shares during the period. Institutional investors own 96.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on SSNC. Morgan Stanley raised their target price on shares of SS&C Technologies from $88.00 to $92.00 and gave the stock an “equal weight” rating in a research report on Friday, October 24th. Weiss Ratings restated a “buy (b)” rating on shares of SS&C Technologies in a report on Thursday, January 22nd. Raymond James Financial reaffirmed a “strong-buy” rating on shares of SS&C Technologies in a research report on Wednesday, January 21st. Royal Bank Of Canada increased their price target on SS&C Technologies from $97.00 to $99.00 and gave the stock an “outperform” rating in a research report on Friday, October 24th. Finally, DA Davidson restated a “buy” rating and issued a $106.00 price objective on shares of SS&C Technologies in a report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, SS&C Technologies has an average rating of “Moderate Buy” and a consensus target price of $101.00.

Insider Activity

In other news, Director Normand A. Boulanger sold 150,000 shares of SS&C Technologies stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $85.85, for a total value of $12,877,500.00. Following the transaction, the director owned 386,924 shares of the company’s stock, valued at $33,217,425.40. The trade was a 27.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 16.40% of the stock is currently owned by insiders.

SS&C Technologies Stock Down 3.2%

Shares of NASDAQ SSNC opened at $72.87 on Thursday. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.94. The stock has a market capitalization of $17.78 billion, a PE ratio of 23.06 and a beta of 1.17. The stock’s fifty day simple moving average is $85.03 and its two-hundred day simple moving average is $85.69. SS&C Technologies Holdings, Inc. has a 12-month low of $69.61 and a 12-month high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings results on Thursday, February 5th. The technology company reported $1.69 EPS for the quarter, topping the consensus estimate of $1.62 by $0.07. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.62 billion. During the same period in the previous year, the company posted $1.58 EPS. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. SS&C Technologies has set its Q1 2026 guidance at 1.620-1.680 EPS and its FY 2026 guidance at 6.700-7.020 EPS. As a group, analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.

SS&C Technologies Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Monday, December 1st. SS&C Technologies’s dividend payout ratio (DPR) is currently 34.18%.

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.