Bayforest Capital Ltd Increases Stock Position in SS&C Technologies Holdings, Inc. $SSNC

Bayforest Capital Ltd grew its stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 26.6% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 1,237 shares of the technology company’s stock after acquiring an additional 260 shares during the period. Bayforest Capital Ltd’s holdings in SS&C Technologies were worth $102,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in SSNC. Wilmington Savings Fund Society FSB raised its position in SS&C Technologies by 1.6% in the second quarter. Wilmington Savings Fund Society FSB now owns 32,849 shares of the technology company’s stock valued at $2,720,000 after purchasing an additional 511 shares during the period. Verdence Capital Advisors LLC grew its stake in shares of SS&C Technologies by 10.4% in the second quarter. Verdence Capital Advisors LLC now owns 88,674 shares of the technology company’s stock valued at $7,342,000 after buying an additional 8,370 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of SS&C Technologies by 193.2% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 9,356 shares of the technology company’s stock valued at $775,000 after buying an additional 6,165 shares during the period. Vest Financial LLC lifted its stake in SS&C Technologies by 32.4% during the 2nd quarter. Vest Financial LLC now owns 4,381 shares of the technology company’s stock worth $363,000 after acquiring an additional 1,072 shares in the last quarter. Finally, Pzena Investment Management LLC boosted its holdings in SS&C Technologies by 0.4% during the 2nd quarter. Pzena Investment Management LLC now owns 10,460,579 shares of the technology company’s stock valued at $866,136,000 after acquiring an additional 37,134 shares during the period. Institutional investors and hedge funds own 96.90% of the company’s stock.

SS&C Technologies Trading Up 0.2%

Shares of NASDAQ:SSNC opened at $79.68 on Friday. SS&C Technologies Holdings, Inc. has a 52 week low of $66.83 and a 52 week high of $91.07. The company’s 50 day moving average is $87.32 and its two-hundred day moving average is $82.65. The company has a market cap of $19.46 billion, a PE ratio of 24.98 and a beta of 1.23. 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 posted its earnings results on Wednesday, July 23rd. The technology company reported $1.45 EPS for the quarter, beating the consensus estimate of $1.39 by $0.06. The firm had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.52 billion. SS&C Technologies had a return on equity of 18.92% and a net margin of 13.34%.SS&C Technologies’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.27 earnings per share. 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 predict that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were paid a $1.08 dividend. This is an increase from SS&C Technologies’s previous quarterly dividend of $0.25. This represents a $4.32 annualized dividend and a yield of 5.4%. The ex-dividend date was Tuesday, September 2nd. SS&C Technologies’s payout ratio is currently 33.86%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on SSNC. Wall Street Zen upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. DA Davidson increased their target price on shares of SS&C Technologies from $98.00 to $102.00 and gave the stock a “buy” rating in a report on Friday, July 25th. UBS Group boosted their price target on shares of SS&C Technologies from $108.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, August 22nd. Morgan Stanley increased their price objective on SS&C Technologies from $75.00 to $88.00 and gave the company an “equal weight” rating in a research note on Thursday, July 24th. Finally, JPMorgan Chase & Co. boosted their target price on SS&C Technologies from $86.00 to $94.00 and gave the stock a “neutral” rating in a research note on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, SS&C Technologies presently has an average rating of “Moderate Buy” and an average price target of $98.13.

SS&C Technologies Company Profile

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.