Edmond DE Rothschild Holding S.A. Invests $604,000 in SS&C Technologies Holdings, Inc. $SSNC

Edmond DE Rothschild Holding S.A. purchased a new position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 9,728 shares of the technology company’s stock, valued at approximately $604,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of SS&C Technologies by 0.4% in 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 last quarter. BlackRock Inc. bought a new stake in shares of SS&C Technologies during the 2nd quarter worth $1,043,987,000. Pzena Investment Management LLC bought a new stake in shares of SS&C Technologies during the 2nd quarter worth $684,819,000. State Street Corp boosted its stake in SS&C Technologies by 2.1% in the fourth quarter. State Street Corp now owns 6,064,115 shares of the technology company’s stock valued at $530,125,000 after buying an additional 125,580 shares in the last quarter. Finally, Bank of Montreal Can grew its position in 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 valued at $448,132,000 after acquiring an additional 5,012,893 shares during the last quarter. 96.90% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have commented on the company. DA Davidson reissued a “buy” rating and set a $96.00 target price on shares of SS&C Technologies in a research note on Monday, July 27th. UBS Group restated a “buy” rating and issued a $99.00 price target on shares of SS&C Technologies in a research note on Thursday, August 13th. Morgan Stanley decreased their price target on shares of SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Jefferies Financial Group lowered their price objective on shares of SS&C Technologies from $92.00 to $83.00 and set a “buy” rating for the company in a research report on Monday, July 20th. Finally, Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. One investment 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 company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $91.25.

SS&C Technologies Trading Down 0.2%

Shares of NASDAQ SSNC opened at $82.12 on Friday. The firm has a 50 day moving average price of $71.52 and a two-hundred day moving average price of $70.71. The stock has a market cap of $19.27 billion, a P/E ratio of 23.60 and a beta of 1.07. SS&C Technologies Holdings, Inc. has a 52-week low of $61.40 and a 52-week high of $91.07. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.06.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings results 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 net margin of 13.16% and a return on equity of 21.20%. The company had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.66 billion. During the same quarter in the previous year, the business earned $1.45 earnings per share. SS&C Technologies’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, equities analysts forecast that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current year.

SS&C Technologies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.27. SS&C Technologies’s dividend payout ratio (DPR) is presently 31.03%.

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.