Deutsche Bank AG Takes Position in SS&C Technologies Holdings, Inc. $SSNC

Deutsche Bank AG purchased a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 803,188 shares of the technology company’s stock, valued at approximately $49,838,000.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. grew its stake 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 valued at $1,794,908,000 after purchasing an additional 74,170 shares during the period. Pzena Investment Management LLC lifted its stake in shares of SS&C Technologies by 1.4% in the 4th quarter. Pzena Investment Management LLC now owns 10,313,582 shares of the technology company’s stock worth $901,613,000 after purchasing an additional 137,691 shares during the period. State Street Corp lifted its stake in shares of SS&C Technologies by 2.1% in the 4th quarter. State Street Corp now owns 6,064,115 shares of the technology company’s stock worth $530,125,000 after purchasing an additional 125,580 shares during the period. Bank of Montreal Can boosted its holdings in shares of SS&C Technologies by 4,424.6% in 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 last quarter. Finally, Swedbank AB grew its position in SS&C Technologies by 15.0% during the first quarter. Swedbank AB now owns 4,307,795 shares of the technology company’s stock valued at $291,078,000 after buying an additional 563,196 shares during the period. Institutional investors own 96.90% of the company’s stock.

SS&C Technologies Price Performance

NASDAQ SSNC opened at $82.12 on Friday. SS&C Technologies Holdings, Inc. has a 12 month low of $61.40 and a 12 month high of $91.07. The stock has a market cap of $19.27 billion, a price-to-earnings ratio of 23.60 and a beta of 1.07. The company’s 50 day moving average is $71.52 and its two-hundred day moving average is $70.71. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.08. The business had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.66 billion. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.45 earnings per share. 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 anticipate that SS&C Technologies Holdings, Inc. will post 6.28 earnings per share for the current year.

SS&C Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a dividend of $0.30 per share. This is a positive change from SS&C Technologies’s previous quarterly dividend of $0.27. The ex-dividend date is Tuesday, September 1st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.5%. SS&C Technologies’s dividend payout ratio is presently 31.03%.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Morgan Stanley reduced their target price 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. UBS Group reiterated a “buy” rating and set a $99.00 price target on shares of SS&C Technologies in a research note on Thursday, August 13th. Weiss Ratings reissued a “hold (c)” rating on shares of SS&C Technologies in a research report on Wednesday, August 5th. Royal Bank Of Canada upped their price objective on SS&C Technologies from $89.00 to $92.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. Finally, JPMorgan Chase & Co. decreased their target price on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating on the stock in a report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, SS&C Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $91.25.

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.