Fisher Asset Management LLC Grows Position in SS&C Technologies Holdings, Inc. $SSNC

Key Points

• Fisher Asset Management boosted its SS&C Technologies stake by 39.7% in the fourth quarter, buying 45,094 additional shares and bringing its holding to 158,724 shares worth about $13.9 million.
• SS&C Technologies reported better-than-expected Q1 earnings, with EPS of $1.69 versus $1.65 expected and revenue of $1.65 billion, up 8.8% year over year. The company also issued Q2 2026 EPS guidance of 1.64 to 1.70.
• The company declared a quarterly dividend of $0.27 per share, while analysts maintain a Moderate Buy consensus with an average price target of $96.13, even as several insiders recently sold shares.

Fisher Asset Management LLC increased its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 39.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 158,724 shares of the technology company's stock after buying an additional 45,094 shares during the quarter. Fisher Asset Management LLC owned about 0.07% of SS&C Technologies worth $13,876,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Argent Trust Co grew its stake in SS&C Technologies by 0.8% during the 3rd quarter. Argent Trust Co now owns 15,914 shares of the technology company's stock worth $1,413,000 after buying an additional 126 shares during the last quarter. AXA S.A. grew its stake 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 buying an additional 130 shares during the last quarter. Private Trust Co. NA grew its stake in SS&C Technologies by 36.0% during the 4th quarter. Private Trust Co. NA now owns 502 shares of the technology company's stock worth $44,000 after buying an additional 133 shares during the last quarter. Signaturefd LLC grew its stake in SS&C Technologies by 3.9% during the 4th quarter. Signaturefd LLC now owns 3,785 shares of the technology company's stock worth $331,000 after buying an additional 141 shares during the last quarter. Finally, Cullen Frost Bankers Inc. grew its stake in SS&C Technologies by 0.8% during the 4th quarter. Cullen Frost Bankers Inc. now owns 17,271 shares of the technology company's stock worth $1,510,000 after buying an additional 142 shares during the last quarter. Hedge funds and other institutional investors own 96.90% of the company's stock.

SS&C Technologies Trading Down 1.5%

Shares of SSNC stock opened at $65.74 on Thursday. The business's 50 day moving average is $68.59 and its two-hundred day moving average is $77.22. SS&C Technologies Holdings, Inc. has a twelve month low of $64.51 and a twelve month high of $91.07. The company has a market capitalization of $15.83 billion, a P/E ratio of 20.35 and a beta of 1.12. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.06.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last announced its earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.04. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same period last year, the business posted $1.44 EPS. The company's revenue was up 8.8% on a year-over-year basis. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Equities analysts forecast that SS&C Technologies Holdings, Inc. will post 6.19 EPS for the current year.

SS&C Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a $0.27 dividend. The ex-dividend date is Monday, June 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.6%. SS&C Technologies's payout ratio is 33.44%.

Insider Buying and Selling

In related news, Director Jonathan E. Michael sold 2,740 shares of SS&C Technologies stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total value of $183,196.40. Following the sale, the director directly owned 79,384 shares in the company, valued at $5,307,614.24. The trade was a 3.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Michael Jay Zamkow sold 3,000 shares of SS&C Technologies stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $66.68, for a total value of $200,040.00. Following the completion of the sale, the director owned 18,404 shares in the company, valued at approximately $1,227,178.72. This trade represents a 14.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 8,740 shares of company stock worth $583,576. Company insiders own 16.00% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Wall Street Zen upgraded SS&C Technologies from a "hold" rating to a "buy" rating in a research note on Saturday, May 16th. UBS Group raised their price target on SS&C Technologies from $112.00 to $115.00 and gave the stock a "buy" rating in a research note on Friday, April 24th. Jefferies Financial Group lowered their target price on SS&C Technologies from $105.00 to $92.00 and set a "buy" rating on the stock in a research note on Tuesday, April 21st. Morgan Stanley lowered their target price on SS&C Technologies from $86.00 to $78.00 and set an "equal weight" rating on the stock in a research note on Friday, April 24th. Finally, Weiss Ratings downgraded SS&C Technologies from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $96.13.

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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