Corient Private Wealth LP Invests $1.50 Million in SS&C Technologies Holdings, Inc. $SSNC

Key Points

• Corient Private Wealth LP initiated a $1.50 million position in SS&C Technologies, purchasing 24,156 shares during the second quarter. Institutional investors collectively own 96.9% of the company.
• SS&C reported quarterly earnings of $1.76 per share, exceeding estimates of $1.68, while revenue rose 10.3% year over year to $1.70 billion. The company also increased its quarterly dividend from $0.27 to $0.30 per share.
• Analyst sentiment remains positive, with the stock carrying a consensus “Moderate Buy” rating and an average price target of $92.38; shares recently traded at $84.63.

Corient Private Wealth LP 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 Form 13F filing with the SEC. The firm bought 24,156 shares of the technology company's stock, valued at approximately $1,499,000.

Other institutional investors have also recently bought and sold shares of the company. AXA S.A. boosted its position in SS&C Technologies by 1.4% during the 2nd quarter. AXA S.A. now owns 9,372 shares of the technology company's stock worth $776,000 after acquiring an additional 130 shares during the last quarter. Cullen Frost Bankers Inc. raised its holdings in shares of SS&C Technologies by 0.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 17,271 shares of the technology company's stock valued at $1,510,000 after purchasing an additional 142 shares during the last quarter. AlphaCore Capital LLC lifted its position in shares of SS&C Technologies by 3.5% in the fourth quarter. AlphaCore Capital LLC now owns 4,507 shares of the technology company's stock worth $394,000 after purchasing an additional 154 shares in the last quarter. 1620 Investment Advisors Inc. lifted its position in shares of SS&C Technologies by 10.3% in the fourth quarter. 1620 Investment Advisors Inc. now owns 1,711 shares of the technology company's stock worth $150,000 after purchasing an additional 160 shares in the last quarter. Finally, Laird Norton Wetherby Wealth Management LLC boosted its holdings in SS&C Technologies by 2.5% during the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 6,503 shares of the technology company's stock worth $577,000 after purchasing an additional 160 shares during the last quarter. Institutional investors own 96.90% of the company's stock.

SS&C Technologies Stock Performance

Shares of SSNC stock opened at $84.63 on Friday. The company has a market capitalization of $19.86 billion, a price-to-earnings ratio of 24.32 and a beta of 1.09. 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 company has a 50-day simple moving average of $74.93 and a 200 day simple moving average of $71.29. SS&C Technologies Holdings, Inc. has a 52 week low of $61.40 and a 52 week high of $90.26.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.08. The firm had revenue of $1.70 billion for the quarter, compared to analysts' expectations of $1.66 billion. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The business's revenue was up 10.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.45 EPS. 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. On average, 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 company also recently announced 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. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.4%. This is an increase from SS&C Technologies's previous quarterly dividend of $0.27. The ex-dividend date is Tuesday, September 1st. SS&C Technologies's dividend payout ratio is 34.48%.

Analyst Ratings Changes

A number of research analysts recently weighed in on SSNC shares. Royal Bank Of Canada raised their target price on shares of SS&C Technologies from $92.00 to $101.00 and gave the company an "outperform" rating in a research report on Monday. JPMorgan Chase & Co. cut 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 report on Monday, July 20th. DA Davidson restated a "buy" rating and set a $96.00 price objective on shares of SS&C Technologies in a research note on Monday, July 27th. Needham & Company LLC restated a "buy" rating and issued a $90.00 price objective on shares of SS&C Technologies in a report on Friday, July 24th. Finally, Wall Street Zen raised SS&C Technologies from a "hold" rating to a "buy" rating in a research report on Saturday, May 16th. One research 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.com, SS&C Technologies presently has a consensus rating of "Moderate Buy" and a consensus target price of $92.38.

SS&C Technologies Company Profile

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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