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Blair William & Co. IL Buys 7,488 Shares of SS&C Technologies Holdings, Inc. $SSNC

SS&C Technologies logo with Computer and Technology background

Blair William & Co. IL grew its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 7.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 114,209 shares of the technology company's stock after purchasing an additional 7,488 shares during the period. Blair William & Co. IL's holdings in SS&C Technologies were worth $9,456,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in SS&C Technologies by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 20,401,466 shares of the technology company's stock valued at $1,704,134,000 after acquiring an additional 186,440 shares during the period. Burgundy Asset Management Ltd. raised its holdings in SS&C Technologies by 3.6% in the first quarter. Burgundy Asset Management Ltd. now owns 5,186,307 shares of the technology company's stock worth $433,212,000 after buying an additional 182,200 shares during the last quarter. Swedbank AB raised its holdings in SS&C Technologies by 72.0% in the second quarter. Swedbank AB now owns 3,419,654 shares of the technology company's stock worth $283,147,000 after buying an additional 1,431,620 shares during the last quarter. AQR Capital Management LLC raised its holdings in SS&C Technologies by 28.7% in the first quarter. AQR Capital Management LLC now owns 2,921,882 shares of the technology company's stock worth $238,338,000 after buying an additional 651,650 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its stake in shares of SS&C Technologies by 87.6% in the second quarter. Robeco Institutional Asset Management B.V. now owns 1,787,419 shares of the technology company's stock worth $147,998,000 after acquiring an additional 834,393 shares during the period. Institutional investors own 96.90% of the company's stock.

SS&C Technologies Stock Performance

SSNC opened at $82.29 on Friday. The stock has a market cap of $20.10 billion, a P/E ratio of 25.80 and a beta of 1.23. The firm has a fifty day moving average price of $87.85 and a 200 day moving average price of $82.72. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.14 and a quick ratio of 1.14. SS&C Technologies Holdings, Inc. has a 1 year low of $66.83 and a 1 year high of $91.07.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The technology company reported $1.45 EPS for the quarter, topping the consensus estimate of $1.39 by $0.06. SS&C Technologies had a net margin of 13.34% and a return on equity of 18.92%. The company had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same quarter in the previous year, the firm earned $1.27 EPS. The firm's revenue was up 5.9% compared to the same quarter last year. SS&C Technologies has set its FY 2025 guidance at 5.820-6.060 EPS. Q3 2025 guidance at 1.440-1.500 EPS. Equities research analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.

SS&C Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were issued a $1.08 dividend. This is an increase from SS&C Technologies's previous quarterly dividend of $0.25. This represents a $4.32 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend was Tuesday, September 2nd. SS&C Technologies's payout ratio is currently 33.86%.

Analysts Set New Price Targets

Several brokerages recently issued reports on SSNC. Wall Street Zen upgraded shares of SS&C Technologies from a "hold" rating to a "buy" rating in a research report on Sunday. Raymond James Financial upped their price target on shares of SS&C Technologies from $90.00 to $95.00 and gave the company a "strong-buy" rating in a research note on Thursday, July 24th. Weiss Ratings restated a "buy (b)" rating on shares of SS&C Technologies in a report on Wednesday. Morgan Stanley raised their target price on shares of SS&C Technologies from $75.00 to $88.00 and gave the stock an "equal weight" rating in a report on Thursday, July 24th. Finally, DA Davidson raised their target price on shares of SS&C Technologies from $98.00 to $102.00 and gave the stock a "buy" rating in a report on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $97.38.

Check Out Our Latest Analysis on SSNC

SS&C Technologies Company Profile

(Free Report)

SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.

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Institutional Ownership by Quarter for SS&C Technologies (NASDAQ:SSNC)

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