803,188 Shares in SS&C Technologies Holdings, Inc. $SSNC Purchased by Deutsche Bank AG

Key Points

• Deutsche Bank acquired 803,188 SS&C Technologies shares during the second quarter, worth approximately $49.8 million and representing a 0.34% stake. Institutional investors collectively own 96.9% of the company.
• Analysts maintain a generally positive outlook, with SS&C Technologies receiving a consensus “Moderate Buy” rating and an average price target of $91.25. The company recently exceeded quarterly earnings and revenue expectations, reporting $1.76 in EPS and $1.70 billion in revenue.
• SS&C Technologies increased its quarterly dividend from $0.27 to $0.30 per share, equivalent to $1.20 annually and a 1.5% yield.

Deutsche Bank AG acquired a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 803,188 shares of the technology company's stock, valued at approximately $49,838,000. Deutsche Bank AG owned 0.34% of SS&C Technologies as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in SSNC. Havemeyer Place LP purchased a new stake in shares of SS&C Technologies in the 4th quarter worth approximately $26,000. EFG International AG purchased a new position in SS&C Technologies during the fourth quarter valued at $29,000. Osterweis Capital Management Inc. purchased a new position in SS&C Technologies during the second quarter valued at $40,000. Fifth Third Bancorp boosted its holdings in 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 in the last quarter. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its holdings in SS&C Technologies by 66.7% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 500 shares of the technology company's stock worth $44,000 after acquiring an additional 200 shares in the last quarter. Institutional investors own 96.90% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on SSNC. DA Davidson restated a "buy" rating and set a $96.00 price target on shares of SS&C Technologies in a report on Monday, July 27th. UBS Group reiterated a "buy" rating and issued a $99.00 price target on shares of SS&C Technologies in a research note on Thursday, August 13th. Jefferies Financial Group cut their price objective 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. Needham & Company LLC restated a "buy" rating and set a $90.00 price objective on shares of SS&C Technologies in a research note on Friday, July 24th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of SS&C Technologies in a report on Wednesday, August 5th. One 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 data from MarketBeat, SS&C Technologies presently has an average rating of "Moderate Buy" and a consensus price target of $91.25.

SS&C Technologies Trading Down 0.2%

Shares of NASDAQ:SSNC opened at $82.12 on Friday. The company has a market cap of $19.27 billion, a P/E ratio of 23.60 and a beta of 1.07. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.06 and a quick ratio of 1.06. SS&C Technologies Holdings, Inc. has a 1 year low of $61.40 and a 1 year high of $91.07. The stock's fifty day moving average price is $71.52 and its 200-day moving average price is $70.71.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) 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. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%.The company had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same period last year, the company earned $1.45 EPS. SS&C Technologies's revenue for the quarter 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. Sell-side analysts expect that SS&C Technologies Holdings, Inc. will post 6.28 earnings per share for the current year.

SS&C Technologies Increases Dividend

The business 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 $0.30 dividend. This is a boost from SS&C Technologies's previous quarterly dividend of $0.27. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Tuesday, September 1st. 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.

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