2,523,146 Shares in SS&C Technologies Holdings, Inc. $SSNC Acquired by Lyrical Asset Management LP

Lyrical Asset Management LP purchased a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the fourth quarter, HoldingsChannel reports. The fund purchased 2,523,146 shares of the technology company’s stock, valued at approximately $220,573,000. SS&C Technologies comprises 3.1% of Lyrical Asset Management LP’s portfolio, making the stock its 14th biggest holding.

A number of other institutional investors and hedge funds have also modified their holdings of SSNC. Vanguard Group Inc. grew its holdings in SS&C Technologies by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 20,532,012 shares of the technology company’s stock valued at $1,794,908,000 after buying an additional 74,170 shares during the last quarter. Pzena Investment Management LLC grew its holdings in SS&C Technologies by 1.4% during the 4th quarter. Pzena Investment Management LLC now owns 10,313,582 shares of the technology company’s stock valued at $901,613,000 after buying an additional 137,691 shares during the last quarter. State Street Corp grew its holdings in SS&C Technologies by 2.0% during the 3rd quarter. State Street Corp now owns 5,938,535 shares of the technology company’s stock valued at $527,104,000 after buying an additional 117,983 shares during the last quarter. Swedbank AB grew its holdings in SS&C Technologies by 0.9% during the 4th quarter. Swedbank AB now owns 3,744,599 shares of the technology company’s stock valued at $327,353,000 after buying an additional 34,266 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in SS&C Technologies by 1.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,979,431 shares of the technology company’s stock valued at $264,435,000 after buying an additional 50,757 shares during the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

SS&C Technologies Stock Performance

Shares of SS&C Technologies stock opened at $69.91 on Monday. SS&C Technologies Holdings, Inc. has a fifty-two week low of $64.51 and a fifty-two week high of $91.07. The firm has a market cap of $16.84 billion, a PE ratio of 21.64 and a beta of 1.09. The business’s fifty day moving average is $68.28 and its two-hundred day moving average is $76.44. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.06.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly 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. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The company had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the prior year, the company posted $1.44 EPS. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.19 earnings per share for the current year.

SS&C Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, June 1st. SS&C Technologies’s dividend payout ratio is currently 33.44%.

Analyst Upgrades and Downgrades

SSNC has been the topic of a number of analyst reports. UBS Group increased their target price on 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 SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Needham & Company LLC lowered their target price on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating on the stock in a report on Friday, April 24th. DA Davidson reiterated a “buy” rating and set a $96.00 target price on shares of SS&C Technologies in a report on Monday, April 27th. Finally, Jefferies Financial Group lowered their target price on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating on the stock in a report on Tuesday, April 21st. 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. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $96.13.

Insiders Place Their Bets

In other SS&C Technologies news, Director Jonathan E. Michael sold 2,740 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total transaction of $183,196.40. Following the transaction, the director owned 79,384 shares of the company’s stock, valued at $5,307,614.24. This represents a 3.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, 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 value of $200,040.00. Following the completion of the transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 8,740 shares of company stock worth $583,576. Corporate insiders own 16.00% of the company’s stock.

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.