SS&C Technologies Holdings, Inc. $SSNC Shares Acquired by ZWJ Investment Counsel Inc.

ZWJ Investment Counsel Inc. boosted its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 6.7% during the third quarter, HoldingsChannel.com reports. The firm owned 495,122 shares of the technology company’s stock after acquiring an additional 30,907 shares during the period. ZWJ Investment Counsel Inc.’s holdings in SS&C Technologies were worth $38,159,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in SSNC. NorthCrest Asset Manangement LLC lifted its position in SS&C Technologies by 8.2% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 11,712 shares of the technology company’s stock worth $945,000 after buying an additional 887 shares in the last quarter. Valley Wealth Managers Inc. grew its holdings in shares of SS&C Technologies by 2.1% during the 3rd quarter. Valley Wealth Managers Inc. now owns 259,292 shares of the technology company’s stock valued at $19,984,000 after acquiring an additional 5,281 shares in the last quarter. Schaper Benz & Wise Investment Counsel Inc. WI grew its holdings in shares of SS&C Technologies by 1.9% during the 3rd quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 216,658 shares of the technology company’s stock valued at $16,698,000 after acquiring an additional 3,970 shares in the last quarter. Wedmont Private Capital purchased a new position in shares of SS&C Technologies during the 3rd quarter valued at $259,000. Finally, Diversified Management Inc. acquired a new position in shares of SS&C Technologies in the third quarter worth $260,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

SS&C Technologies Price Performance

Shares of SSNC opened at $82.05 on Thursday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market cap of $19.25 billion, a PE ratio of 23.58 and a beta of 1.09. The firm’s 50 day moving average price is $80.72 and its 200 day moving average price is $72.85. SS&C Technologies Holdings, Inc. has a twelve month low of $61.40 and a twelve month high of $89.93.

SS&C Technologies (NASDAQ:SSNC) last posted its earnings results on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.68 by $0.08. The company had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.66 billion. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.45 earnings per share. 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, research analysts expect that SS&C Technologies Holdings, Inc. will post 6.26 EPS for the current fiscal year.

SS&C Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.30 per share. The ex-dividend date was Tuesday, September 1st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.5%. This is an increase from SS&C Technologies’s previous quarterly dividend of $0.27. SS&C Technologies’s payout ratio is 34.48%.

Analyst Ratings Changes

SSNC has been the subject of several recent research reports. Needham & Company LLC reiterated a “buy” rating and set a $90.00 price objective on shares of SS&C Technologies in a report on Friday, July 24th. Weiss Ratings upgraded SS&C Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, September 25th. Jefferies Financial Group dropped 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. Royal Bank Of Canada upped their target price on SS&C Technologies from $92.00 to $101.00 and gave the stock an “outperform” rating in a research report on Monday, August 31st. Finally, UBS Group reaffirmed a “buy” rating and set a $101.00 price target on shares of SS&C Technologies in a research note on Wednesday, September 9th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $92.62.

SS&C Technologies Profile

SS&C Technologies Holdings, Inc is a global provider of software and technology-enabled services for the financial services and healthcare industries. The company’s platforms support investment management, fund administration, portfolio accounting, trading, wealth management, and financial reporting.

SS&C also provides services and software for healthcare organizations, including revenue cycle management, claims processing, and related administrative functions. Its products are used by asset managers, hedge funds, private equity firms, insurance companies, banks, financial advisors, and healthcare providers.

Founded in 1986 by William C.