SS&C Technologies Holdings, Inc. $SSNC Stock Holdings Cut by Raiffeisen Bank International AG

Raiffeisen Bank International AG cut its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 95.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 528 shares of the technology company’s stock after selling 10,946 shares during the quarter. Raiffeisen Bank International AG’s holdings in SS&C Technologies were worth $33,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of SS&C Technologies by 8.1% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 217,237 shares of the technology company’s stock worth $18,628,000 after purchasing an additional 16,278 shares during the last quarter. Kepler Cheuvreux Suisse SA lifted its stake in SS&C Technologies by 29.4% during the fourth quarter. Kepler Cheuvreux Suisse SA now owns 121,773 shares of the technology company’s stock valued at $10,645,000 after purchasing an additional 27,686 shares during the last quarter. Skylands Capital LLC lifted its stake in SS&C Technologies by 71.6% during the first quarter. Skylands Capital LLC now owns 138,475 shares of the technology company’s stock valued at $9,357,000 after purchasing an additional 57,775 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in SS&C Technologies by 39.7% during the fourth quarter. Fisher Asset Management LLC now owns 158,724 shares of the technology company’s stock worth $13,876,000 after buying an additional 45,094 shares in the last quarter. Finally, GSA Capital Partners LLP acquired a new position in SS&C Technologies in the second quarter worth approximately $1,380,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Royal Bank Of Canada lifted their target price on SS&C Technologies from $92.00 to $101.00 and gave the stock an “outperform” rating in a report on Monday, August 31st. Jefferies Financial Group cut their target price on SS&C Technologies from $92.00 to $83.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. Needham & Company LLC reaffirmed a “buy” rating and set a $90.00 target price on shares of SS&C Technologies in a report on Friday, July 24th. Finally, UBS Group reiterated a “buy” rating and issued a $99.00 price target on shares of SS&C Technologies in a research report on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $92.38.

SS&C Technologies Price Performance

SSNC stock opened at $83.65 on Monday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market capitalization of $19.63 billion, a P/E ratio of 24.04 and a beta of 1.09. SS&C Technologies Holdings, Inc. has a 52-week low of $61.40 and a 52-week high of $90.26. The company’s 50 day simple moving average is $75.33 and its 200-day simple moving average is $71.37.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.08. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The firm had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same quarter last year, the business 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. As a group, equities research analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current year.

SS&C Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.30 per share. This is a positive change from SS&C Technologies’s previous quarterly dividend of $0.27. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Tuesday, September 1st. SS&C Technologies’s dividend payout ratio is presently 34.48%.

SS&C Technologies 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.