Evolve Private Wealth LLC Makes New $441,000 Investment in SS&C Technologies Holdings, Inc. $SSNC

Evolve Private Wealth LLC bought a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 7,106 shares of the technology company’s stock, valued at approximately $441,000.

Several other large investors have also modified their holdings of the business. Vanguard Group Inc. increased its position in shares of SS&C Technologies by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 20,532,012 shares of the technology company’s stock worth $1,794,908,000 after purchasing an additional 74,170 shares during the last quarter. BlackRock Inc. acquired a new position in SS&C Technologies in the second quarter valued at about $1,043,987,000. Pzena Investment Management LLC acquired a new position in SS&C Technologies in the second quarter valued at about $684,819,000. State Street Corp boosted its stake in SS&C Technologies by 2.1% during the fourth quarter. State Street Corp now owns 6,064,115 shares of the technology company’s stock worth $530,125,000 after buying an additional 125,580 shares during the period. Finally, Bank of Montreal Can boosted its stake in SS&C Technologies by 4,424.6% during the fourth quarter. Bank of Montreal Can now owns 5,126,190 shares of the technology company’s stock worth $448,132,000 after buying an additional 5,012,893 shares during the period. Institutional investors and hedge funds own 96.90% of the company’s stock.

SS&C Technologies Price Performance

SSNC stock opened at $82.99 on Wednesday. The business’s 50-day moving average is $72.44 and its two-hundred day moving average is $70.85. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market capitalization of $19.47 billion, a P/E ratio of 23.85 and a beta of 1.07. SS&C Technologies Holdings, Inc. has a 1 year low of $61.40 and a 1 year high of $90.26.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.08. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%.The business had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the previous year, the company posted $1.45 earnings per share. The business’s revenue for the quarter was up 10.3% on a year-over-year basis. SS&C Technologies has set its FY 2026 guidance at 6.930-7.250 EPS and its Q3 2026 guidance at 1.730-1.790 EPS. Analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.28 earnings per share for the current fiscal year.

SS&C Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Tuesday, September 1st. This is an increase from SS&C Technologies’s previous quarterly dividend of $0.27. SS&C Technologies’s dividend payout ratio (DPR) is currently 34.48%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on SSNC shares. Needham & Company LLC reissued a “buy” rating and issued a $90.00 price target on shares of SS&C Technologies in a research note on Friday, July 24th. UBS Group reaffirmed a “buy” rating and set a $99.00 price objective on shares of SS&C Technologies in a research report on Thursday, August 13th. Weiss Ratings upgraded shares of SS&C Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 19th. Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Finally, JPMorgan Chase & Co. decreased their price target on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating on the stock in a research note on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $91.25.

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.