SS&C Technologies Holdings, Inc. $SSNC Stake Decreased by Savant Capital LLC

Savant Capital LLC cut its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 20.3% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 38,416 shares of the technology company’s stock after selling 9,812 shares during the period. Savant Capital LLC’s holdings in SS&C Technologies were worth $3,181,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Larson Financial Group LLC boosted its position in SS&C Technologies by 634.8% during the 1st quarter. Larson Financial Group LLC now owns 338 shares of the technology company’s stock worth $28,000 after acquiring an additional 292 shares during the period. Whittier Trust Co. acquired a new position in shares of SS&C Technologies during the first quarter valued at $29,000. N.E.W. Advisory Services LLC bought a new stake in shares of SS&C Technologies during the first quarter valued at about $29,000. Elequin Capital LP acquired a new stake in SS&C Technologies in the first quarter worth about $30,000. Finally, SVB Wealth LLC acquired a new stake in SS&C Technologies in the first quarter worth about $33,000. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on SSNC. DA Davidson set a $102.00 price target on shares of SS&C Technologies in a research note on Friday, October 24th. Jefferies Financial Group boosted their target price on SS&C Technologies from $98.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Royal Bank Of Canada upped their target price on SS&C Technologies from $97.00 to $99.00 and gave the stock an “outperform” rating in a research report on Friday, October 24th. Needham & Company LLC increased their price target on SS&C Technologies from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, October 24th. Finally, JPMorgan Chase & Co. lifted their price target on 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 investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $101.75.

SS&C Technologies Price Performance

Shares of NASDAQ:SSNC opened at $84.25 on Monday. The company has a market capitalization of $20.56 billion, a PE ratio of 25.00 and a beta of 1.24. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a fifty day moving average of $86.07 and a 200-day moving average of $83.61. SS&C Technologies Holdings, Inc. has a one year low of $69.61 and a one year high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last issued its earnings results on Thursday, October 23rd. The technology company reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.10. SS&C Technologies had a return on equity of 19.92% and a net margin of 13.86%.The business had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.55 billion. During the same period in the previous year, the firm posted $1.29 EPS. The company’s quarterly revenue was up 7.0% on a year-over-year basis. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS. FY 2025 guidance at 6.020-6.080 EPS. As a group, equities analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 EPS for the current fiscal year.

SS&C Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd were issued a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a yield of 5.1%. The ex-dividend date was Tuesday, September 2nd. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.25. SS&C Technologies’s dividend payout ratio is presently 32.05%.

SS&C Technologies 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.