Pzena Investment Management LLC Buys 137,691 Shares of SS&C Technologies Holdings, Inc. $SSNC

Pzena Investment Management LLC lifted its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 1.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 10,313,582 shares of the technology company’s stock after purchasing an additional 137,691 shares during the quarter. SS&C Technologies accounts for approximately 2.7% of Pzena Investment Management LLC’s portfolio, making the stock its 14th largest position. Pzena Investment Management LLC’s holdings in SS&C Technologies were worth $901,613,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. V Square Quantitative Management LLC bought a new position in shares of SS&C Technologies during the 4th quarter worth about $37,000. Cornerstone Planning Group LLC lifted its holdings in shares of SS&C Technologies by 1,890.9% during the 3rd quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock worth $39,000 after acquiring an additional 416 shares during the period. Osterweis Capital Management Inc. bought a new position in shares of SS&C Technologies during the 2nd quarter worth about $40,000. Root Financial Partners LLC bought a new position in shares of SS&C Technologies during the 3rd quarter worth about $42,000. Finally, Fifth Third Bancorp lifted its holdings in shares of SS&C Technologies by 216.4% during the 4th quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after acquiring an additional 329 shares during the period. 96.90% of the stock is owned by institutional investors.

SS&C Technologies Trading Down 0.4%

SSNC opened at $66.95 on Friday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $16.12 billion, a PE ratio of 20.73 and a beta of 1.12. SS&C Technologies Holdings, Inc. has a 1-year low of $64.51 and a 1-year high of $91.07. The firm has a 50-day moving average price of $69.02 and a two-hundred day moving average price of $77.74.

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

SS&C Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.6%. The ex-dividend date is Monday, June 1st. SS&C Technologies’s dividend payout ratio (DPR) is presently 33.44%.

Analysts Set New Price Targets

SSNC has been the subject of a number of analyst reports. UBS Group raised their price objective on shares of SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. DA Davidson reaffirmed a “buy” rating and set a $96.00 price objective on shares of SS&C Technologies in a report on Monday, April 27th. Morgan Stanley reduced their price objective on shares of SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. Finally, Jefferies Financial Group reduced their price objective on shares of SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $96.13.

SS&C Technologies Company Profile

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.