Tidal Investments LLC Raises Holdings in SS&C Technologies Holdings, Inc. $SSNC

Tidal Investments LLC grew its holdings in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) by 23.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 205,167 shares of the technology company’s stock after buying an additional 39,157 shares during the quarter. Tidal Investments LLC’s holdings in SS&C Technologies were worth $12,731,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Jones Financial Companies Lllp purchased a new position in SS&C Technologies in the second quarter worth $25,000. Havemeyer Place LP purchased a new stake in shares of SS&C Technologies during the 4th quarter worth $26,000. EFG International AG purchased a new stake in shares of SS&C Technologies during the 4th quarter worth $29,000. Ameritas Advisory Services LLC purchased a new stake in shares of SS&C Technologies during the 2nd quarter worth $31,000. Finally, Osterweis Capital Management Inc. acquired a new position in shares of SS&C Technologies during the 2nd quarter worth $40,000. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

SS&C Technologies Trading Up 1.7%

NASDAQ:SSNC opened at $80.27 on Friday. The company has a market capitalization of $18.84 billion, a PE ratio of 23.07 and a beta of 1.09. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.09. SS&C Technologies Holdings, Inc. has a 52-week low of $61.40 and a 52-week high of $90.22. The stock has a fifty day simple moving average of $76.98 and a 200-day simple moving average of $71.68.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.68 by $0.08. The business had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.66 billion. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.45 EPS. 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. On average, equities research analysts expect that SS&C Technologies Holdings, Inc. will post 6.26 earnings per share for the current fiscal year.

SS&C Technologies Increases Dividend

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

Analyst Upgrades and Downgrades

SSNC has been the subject of several recent analyst reports. UBS Group reiterated a “buy” rating and issued a $101.00 price objective on shares of SS&C Technologies in a research note on Wednesday. Royal Bank Of Canada upped their target price on shares of SS&C Technologies from $92.00 to $101.00 and gave the stock an “outperform” rating in a research report on Monday, August 31st. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings upgraded shares of SS&C Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 19th. Finally, DA Davidson reissued a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a research note on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, SS&C Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $92.62.

About SS&C Technologies

SS&C Technologies Holdings, Inc (NASDAQ: SSNC) provides software and software-enabled services to the financial services and healthcare industries. Its platforms are designed to support investment management, fund administration, portfolio accounting, trading, risk management, financial reporting, and regulatory compliance.

The company serves asset managers, hedge funds, private equity firms, wealth managers, banks, insurance companies, corporations, and healthcare organizations. Its offerings include products for alternative investment and fund administration, wealth and asset management, institutional investment management, loan and portfolio servicing, and healthcare claims and payment processing.