28,200 Shares in SS&C Technologies Holdings, Inc. $SSNC Acquired by Canada Pension Plan Investment Board

Key Points

• Canada Pension Plan Investment Board acquired 28,200 SS&C Technologies shares during the second quarter, valued at approximately $1.75 million. Institutional investors collectively own 96.9% of the company.
• Analysts maintain a generally positive outlook, with SS&C carrying a “Moderate Buy” consensus rating and an average price target of $91.25, despite several recent target-price reductions.
• SS&C exceeded quarterly expectations, reporting $1.76 in EPS and $1.70 billion in revenue, while revenue increased 10.3% year over year. The company also raised its quarterly dividend from $0.27 to $0.30 per share, yielding about 1.4% annually.

Canada Pension Plan Investment Board bought a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 28,200 shares of the technology company's stock, valued at approximately $1,750,000.

Several other hedge funds and other institutional investors also recently modified their holdings of SSNC. Jones Financial Companies Lllp bought a new stake in shares of SS&C Technologies during the 2nd quarter worth $25,000. Havemeyer Place LP bought a new position in SS&C Technologies in the fourth quarter valued at about $26,000. EFG International AG acquired a new position in SS&C Technologies during the fourth quarter worth about $29,000. Osterweis Capital Management Inc. acquired a new position in SS&C Technologies during the second quarter worth about $40,000. Finally, Fifth Third Bancorp lifted its holdings in shares of SS&C Technologies by 216.4% in the fourth quarter. Fifth Third Bancorp now owns 481 shares of the technology company's stock worth $42,000 after acquiring an additional 329 shares during the last quarter. Institutional investors own 96.90% of the company's stock.

Analyst Ratings Changes

SSNC has been the topic of a number of research analyst reports. JPMorgan Chase & Co. reduced their price target on shares of 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. Wall Street Zen upgraded shares of SS&C Technologies from a "hold" rating to a "buy" rating in a research report on Saturday, May 16th. Jefferies Financial Group cut their target price on shares of SS&C Technologies from $92.00 to $83.00 and set a "buy" rating on the stock in a research report on Monday, July 20th. UBS Group reaffirmed a "buy" rating and set a $99.00 target price on shares of SS&C Technologies in a research note on Thursday, August 13th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $90.00 price target on shares of SS&C Technologies in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $91.25.

SS&C Technologies Stock Performance

Shares of SSNC stock opened at $83.42 on Monday. The firm has a market capitalization of $19.57 billion, a price-to-earnings ratio of 23.97 and a beta of 1.07. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. The business's 50-day moving average price is $73.49 and its 200-day moving average price is $71.00. SS&C Technologies Holdings, Inc. has a 12 month low of $61.40 and a 12 month high of $90.26.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 earnings per share (EPS) for the quarter, beating 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 business had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same quarter last year, the business earned $1.45 EPS. The firm's quarterly revenue 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. Equities research analysts forecast that SS&C Technologies Holdings, Inc. will post 6.28 EPS for the current year.

SS&C Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This is an increase from SS&C Technologies's previous quarterly dividend of $0.27. This represents a $1.20 annualized dividend and a dividend yield of 1.4%. SS&C Technologies's payout ratio is 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.

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