Payden & Rygel Has $16.35 Million Holdings in SS&C Technologies Holdings, Inc. $SSNC

Payden & Rygel cut its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 17.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 187,000 shares of the technology company’s stock after selling 40,700 shares during the period. Payden & Rygel’s holdings in SS&C Technologies were worth $16,348,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of SS&C Technologies by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 20,532,012 shares of the technology company’s stock valued at $1,794,908,000 after buying an additional 74,170 shares during the period. State Street Corp increased its stake in shares of SS&C Technologies by 2.0% in the third quarter. State Street Corp now owns 5,938,535 shares of the technology company’s stock valued at $527,104,000 after buying an additional 117,983 shares during the period. Swedbank AB increased its stake in shares of SS&C Technologies by 0.9% in the fourth quarter. Swedbank AB now owns 3,744,599 shares of the technology company’s stock valued at $327,353,000 after buying an additional 34,266 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of SS&C Technologies by 1.7% in the third quarter. Dimensional Fund Advisors LP now owns 2,979,431 shares of the technology company’s stock valued at $264,435,000 after buying an additional 50,757 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its stake in shares of SS&C Technologies by 14.4% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 2,014,370 shares of the technology company’s stock valued at $176,096,000 after buying an additional 253,731 shares during the period. Institutional investors and hedge funds own 96.90% of the company’s stock.

SS&C Technologies Stock Performance

NASDAQ:SSNC opened at $67.22 on Tuesday. The company has a market capitalization of $16.19 billion, a PE ratio of 20.81 and a beta of 1.12. The company has a 50 day simple moving average of $69.48 and a two-hundred day simple moving average of $78.10. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.10 and a current ratio of 1.10. SS&C Technologies Holdings, Inc. has a fifty-two week low of $64.51 and a fifty-two week high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last released its earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share for the quarter, beating analysts’ consensus estimates of $1.65 by $0.04. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The business had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the prior year, the firm posted $1.44 EPS. The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Research analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.19 earnings per share for the current year.

SS&C Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Monday, March 2nd. SS&C Technologies’s dividend payout ratio (DPR) is presently 33.44%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on SSNC shares. Weiss Ratings downgraded SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. Jefferies Financial Group decreased their price objective on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a report on Tuesday, April 21st. DA Davidson restated a “buy” rating and issued a $96.00 price objective on shares of SS&C Technologies in a report on Monday, April 27th. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday. Finally, UBS Group increased their price objective on SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a report on Friday, April 24th. One research 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 MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $96.13.

About SS&C Technologies

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.