Meyer Handelman Co. Grows Stock Holdings in SS&C Technologies Holdings, Inc. $SSNC

Meyer Handelman Co. lifted its position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 17.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 109,310 shares of the technology company’s stock after purchasing an additional 16,583 shares during the quarter. Meyer Handelman Co.’s holdings in SS&C Technologies were worth $9,556,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Caldwell Trust Co purchased a new position in shares of SS&C Technologies during the 2nd quarter valued at about $27,000. Cornerstone Planning Group LLC boosted its stake in SS&C Technologies by 1,890.9% in the third quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock worth $39,000 after buying an additional 416 shares in the last quarter. Quent Capital LLC bought a new position in SS&C Technologies during the third quarter valued at approximately $39,000. Root Financial Partners LLC purchased a new position in shares of SS&C Technologies during the third quarter worth approximately $42,000. Finally, Osterweis Capital Management Inc. purchased a new position in shares of SS&C Technologies during the second quarter worth approximately $40,000. 96.90% of the stock is currently owned by institutional investors.

SS&C Technologies Trading Up 1.4%

NASDAQ:SSNC opened at $67.57 on Wednesday. The firm has a market capitalization of $16.32 billion, a P/E ratio of 21.38 and a beta of 1.18. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.07. The company has a fifty day moving average of $74.43 and a 200 day moving average of $81.89. SS&C Technologies Holdings, Inc. has a 52 week low of $65.05 and a 52 week high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings results on Thursday, February 5th. The technology company reported $1.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.07. SS&C Technologies had a net margin of 12.70% and a return on equity of 19.60%. The business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same quarter last year, the firm earned $1.58 EPS. The company’s revenue was up 8.1% on a year-over-year basis. 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. On average, research analysts predict that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.

SS&C Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Monday, March 2nd. SS&C Technologies’s payout ratio is currently 34.18%.

Analysts Set New Price Targets

SSNC has been the subject of a number of research reports. Raymond James Financial reaffirmed a “strong-buy” rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of SS&C Technologies in a research report on Thursday, January 22nd. Wall Street Zen cut SS&C Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. DA Davidson reissued a “buy” rating and issued a $106.00 target price on shares of SS&C Technologies in a research note on Friday, February 6th. Finally, Needham & Company LLC dropped their target price on SS&C Technologies from $105.00 to $95.00 and set a “buy” rating for the company in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $101.00.

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.