Hilltop National Bank Makes New Investment in SS&C Technologies Holdings, Inc. $SSNC

Hilltop National Bank bought a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,407 shares of the technology company’s stock, valued at approximately $116,000.

Several other institutional investors have also modified their holdings of the stock. Robeco Institutional Asset Management B.V. grew its holdings in shares of SS&C Technologies by 87.6% in the second quarter. Robeco Institutional Asset Management B.V. now owns 1,787,419 shares of the technology company’s stock valued at $147,998,000 after purchasing an additional 834,393 shares during the period. Paradiem LLC acquired a new position in SS&C Technologies in the 2nd quarter valued at about $11,961,000. HB Wealth Management LLC purchased a new stake in shares of SS&C Technologies in the 2nd quarter valued at approximately $235,000. Klein Pavlis & Peasley Financial Inc. purchased a new stake in shares of SS&C Technologies during the 2nd quarter valued at approximately $215,000. Finally, Signaturefd LLC raised its position in shares of SS&C Technologies by 6.8% during the 2nd quarter. Signaturefd LLC now owns 3,639 shares of the technology company’s stock valued at $301,000 after buying an additional 231 shares during the period. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on SSNC shares. DA Davidson raised their target price on SS&C Technologies from $98.00 to $102.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Morgan Stanley increased their price target on SS&C Technologies from $75.00 to $88.00 and gave the stock an “equal weight” rating in a report on Thursday, July 24th. Wall Street Zen lowered shares of SS&C Technologies from a “buy” rating to a “hold” rating in a report on Saturday. Needham & Company LLC increased their target price on shares of SS&C Technologies from $90.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, July 24th. Finally, JPMorgan Chase & Co. lifted their price target on shares of SS&C Technologies from $86.00 to $94.00 and gave the company a “neutral” rating in a research report on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $97.38.

SS&C Technologies Price Performance

Shares of SSNC opened at $87.89 on Friday. The firm has a market capitalization of $21.46 billion, a price-to-earnings ratio of 27.55 and a beta of 1.23. The firm’s fifty day simple moving average is $87.79 and its 200-day simple moving average is $82.62. SS&C Technologies Holdings, Inc. has a twelve month low of $66.83 and a twelve month high of $91.07. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.97.

SS&C Technologies (NASDAQ:SSNC) last issued its earnings results on Wednesday, July 23rd. The technology company reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.06. SS&C Technologies had a net margin of 13.34% and a return on equity of 18.92%. The firm had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the previous year, the firm posted $1.27 earnings per share. The company’s revenue was up 5.9% compared to the same quarter last year. SS&C Technologies has set its FY 2025 guidance at 5.820-6.060 EPS. Q3 2025 guidance at 1.440-1.500 EPS. Equities analysts forecast that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.

SS&C Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were given a dividend of $1.08 per share. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $4.32 annualized dividend and a dividend yield of 4.9%. SS&C Technologies’s dividend payout ratio is 33.86%.

About SS&C Technologies

SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.