Compound Planning Inc. Invests $318,000 in SS&C Technologies Holdings, Inc. $SSNC

Key Points

• Compound Planning Inc. invested $318,000 in SS&C Technologies Holdings, purchasing 3,813 shares during the first quarter, indicating strong institutional interest in the company.
• SS&C Technologies recently increased its quarterly dividend to $1.08 per share, which reflects a significant rise from the previous amount of $0.25, resulting in a dividend yield of 4.8%.
• Brokerages have shown confidence in SS&C Technologies, with multiple firms raising their target prices and maintaining a consensus rating of "Moderate Buy" along with a target price of $97.38.

Compound Planning Inc. purchased a new stake in SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 3,813 shares of the technology company's stock, valued at approximately $318,000.

Other large investors have also recently bought and sold shares of the company. Atwood & Palmer Inc. raised its holdings in SS&C Technologies by 125.8% in the 1st quarter. Atwood & Palmer Inc. now owns 298 shares of the technology company's stock valued at $25,000 after acquiring an additional 166 shares during the period. Larson Financial Group LLC raised its holdings in SS&C Technologies by 634.8% in the 1st quarter. Larson Financial Group LLC now owns 338 shares of the technology company's stock valued at $28,000 after acquiring an additional 292 shares during the period. Whittier Trust Co. bought a new position in SS&C Technologies in the 1st quarter valued at about $29,000. N.E.W. Advisory Services LLC bought a new position in SS&C Technologies in the 1st quarter valued at about $29,000. Finally, Elequin Capital LP bought a new position in shares of SS&C Technologies during the first quarter worth approximately $30,000. 96.95% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently commented on SSNC. UBS Group raised their target price on shares of SS&C Technologies from $108.00 to $110.00 and gave the stock a "buy" rating in a report on Friday, August 22nd. Wall Street Zen cut shares of SS&C Technologies from a "buy" rating to a "hold" rating in a report on Friday, August 22nd. Needham & Company LLC raised their target price on shares of SS&C Technologies from $90.00 to $100.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. 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, Raymond James Financial raised their target price on shares of SS&C Technologies from $90.00 to $95.00 and gave the stock a "strong-buy" rating in a report on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $97.38.

SS&C Technologies Stock Performance

NASDAQ SSNC opened at $89.49 on Thursday. SS&C Technologies Holdings, Inc. has a 1 year low of $66.83 and a 1 year high of $91.07. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.97. The firm has a market capitalization of $21.86 billion, a price-to-earnings ratio of 28.05 and a beta of 1.25. The firm's 50 day simple moving average is $84.67 and its 200 day simple moving average is $82.22.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The technology company reported $1.45 earnings per share for the quarter, beating analysts' consensus estimates 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 firm had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same quarter last year, the business posted $1.27 earnings per share. The company's quarterly revenue was up 5.9% on a year-over-year basis. SS&C Technologies has set its FY 2025 guidance at 5.820-6.060 EPS. Q3 2025 guidance at 1.440-1.500 EPS. As a group, research analysts expect that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd will be paid a dividend of $1.08 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This is an increase from SS&C Technologies's previous quarterly dividend of $0.25. This represents a $4.32 annualized dividend and a dividend yield of 4.8%. SS&C Technologies's payout ratio is 31.35%.

SS&C Technologies Profile

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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