Bamco Inc. NY Takes $34.80 Million Position in SS&C Technologies Holdings, Inc. $SSNC

Key Points

• Bamco Inc. NY acquired a new $34.8 million stake in SS&C Technologies, purchasing 560,789 shares, while institutional investors overall own approximately 96.9% of the company.
• SS&C Technologies exceeded quarterly expectations, reporting $1.76 in adjusted EPS and $1.70 billion in revenue, up 10.3% year over year. The company issued FY 2026 EPS guidance of $6.93–$7.25.
• The company raised its quarterly dividend from $0.27 to $0.30 per share, equivalent to a 1.4% annual yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $91.25.

Bamco Inc. NY purchased a new position in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 560,789 shares of the technology company's stock, valued at approximately $34,797,000. Bamco Inc. NY owned about 0.24% of SS&C Technologies as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of SS&C Technologies by 8.1% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 217,237 shares of the technology company's stock worth $18,628,000 after acquiring an additional 16,278 shares during the last quarter. Kepler Cheuvreux Suisse SA increased its holdings in SS&C Technologies by 29.4% in the 4th quarter. Kepler Cheuvreux Suisse SA now owns 121,773 shares of the technology company's stock valued at $10,645,000 after acquiring an additional 27,686 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its stake in SS&C Technologies by 122.7% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 41,976 shares of the technology company's stock worth $3,670,000 after purchasing an additional 23,125 shares in the last quarter. Skylands Capital LLC lifted its stake in SS&C Technologies by 71.6% in the 1st quarter. Skylands Capital LLC now owns 138,475 shares of the technology company's stock worth $9,357,000 after purchasing an additional 57,775 shares in the last quarter. Finally, Hussman Strategic Advisors Inc. bought a new position in shares of SS&C Technologies during the 4th quarter valued at about $2,203,000. Hedge funds and other institutional investors own 96.90% of the company's stock.

SS&C Technologies Price Performance

Shares of SSNC stock opened at $83.05 on Thursday. The stock has a 50 day moving average price of $72.77 and a 200 day moving average price of $70.91. SS&C Technologies Holdings, Inc. has a 52-week low of $61.40 and a 52-week high of $90.26. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market capitalization of $19.49 billion, a P/E ratio of 23.86 and a beta of 1.07.

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 the consensus estimate of $1.68 by $0.08. The company 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%. SS&C Technologies's revenue was up 10.3% compared to the same quarter last year. During the same period last year, the company posted $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, sell-side analysts predict 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 disclosed 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. The ex-dividend date of this dividend is Tuesday, September 1st. This is a positive change from SS&C Technologies's previous quarterly dividend of $0.27. This represents a $1.20 annualized dividend and a yield of 1.4%. SS&C Technologies's payout ratio is 31.03%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on SSNC shares. JPMorgan Chase & Co. reduced 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. UBS Group restated a "buy" rating and set a $99.00 price target on shares of SS&C Technologies in a report on Thursday, August 13th. Weiss Ratings raised SS&C Technologies from a "hold (c)" rating to a "hold (c+)" rating in a research note on Wednesday, August 19th. DA Davidson reaffirmed a "buy" rating and set a $96.00 price objective on shares of SS&C Technologies in a report on Monday, July 27th. Finally, Royal Bank Of Canada increased their target price on SS&C Technologies from $89.00 to $92.00 and gave the company an "outperform" rating in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average 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.

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