Two Sigma Securities LLC Reduces Stock Holdings in SS&C Technologies Holdings, Inc. $SSNC

Two Sigma Securities LLC lowered its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 47.1% during the second quarter, Holdings Channel reports. The fund owned 8,072 shares of the technology company’s stock after selling 7,184 shares during the quarter. Two Sigma Securities LLC’s holdings in SS&C Technologies were worth $501,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. BlackRock Inc. acquired a new position in shares of SS&C Technologies in the 2nd quarter valued at about $1,043,987,000. Pzena Investment Management LLC purchased a new stake in shares of SS&C Technologies in the second quarter worth about $684,819,000. Bank of Montreal Can grew its holdings 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 acquiring an additional 5,012,893 shares during the period. Jupiter Topco LLC purchased a new position in SS&C Technologies during the second quarter valued at approximately $178,337,000. Finally, Norges Bank acquired a new position in SS&C Technologies in the fourth quarter valued at approximately $242,846,000. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. UBS Group restated a “buy” rating and issued a $99.00 price objective on shares of SS&C Technologies in a research report on Thursday, August 13th. DA Davidson reiterated a “buy” rating and issued a $96.00 target price on shares of SS&C Technologies in a research note on Monday, July 27th. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Needham & Company LLC restated a “buy” rating and set a $90.00 price target on shares of SS&C Technologies in a research report on Friday, July 24th. Finally, Royal Bank Of Canada lifted their price objective on shares of SS&C Technologies from $92.00 to $101.00 and gave the company an “outperform” rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $92.38.

SS&C Technologies Price Performance

Shares of NASDAQ SSNC opened at $82.55 on Thursday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a fifty day moving average of $74.50 and a 200 day moving average of $71.20. The firm has a market cap of $19.37 billion, a PE ratio of 23.72 and a beta of 1.09. SS&C Technologies Holdings, Inc. has a one year low of $61.40 and a one year high of $90.26.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.08. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The business had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period last year, the firm posted $1.45 earnings per share. The company’s revenue was up 10.3% compared to the same quarter last year. 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. As a group, research analysts predict that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current fiscal year.

SS&C Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.5%. The ex-dividend date is Tuesday, September 1st. This is a positive change from SS&C Technologies’s previous quarterly dividend of $0.27. SS&C Technologies’s payout ratio is presently 34.48%.

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.