Free Trial

Nordea Investment Management AB Sells 78,213 Shares of SS&C Technologies Holdings, Inc. $SSNC

SS&C Technologies logo with Computer and Technology background
Image from MarketBeat Media, LLC.

Key Points

  • Nordea Investment Management AB trimmed its stake in SS&C by 19.0%, selling 78,213 shares in the fourth quarter and now holds 332,598 shares valued at about $29.31 million (≈0.14% of the company).
  • SS&C shares are down roughly 5% even after a Q4 beat (EPS $1.69 vs. $1.62; revenue $1.65B) and FY2026 guidance of 6.70–7.02 EPS
  • Five stocks we like better than SS&C Technologies.

Nordea Investment Management AB trimmed its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 19.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 332,598 shares of the technology company's stock after selling 78,213 shares during the quarter. Nordea Investment Management AB owned 0.14% of SS&C Technologies worth $29,309,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in SSNC. Caldwell Trust Co purchased a new position in SS&C Technologies during the second quarter worth about $27,000. Cornerstone Planning Group LLC grew its position in SS&C Technologies by 1,890.9% in the 3rd quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company's stock worth $39,000 after purchasing an additional 416 shares in the last quarter. Quent Capital LLC purchased a new stake in SS&C Technologies in the 3rd quarter valued at about $39,000. Root Financial Partners LLC purchased a new stake in SS&C Technologies in the 3rd quarter valued at about $42,000. Finally, Osterweis Capital Management Inc. bought a new position in shares of SS&C Technologies during the 2nd quarter worth approximately $40,000. Hedge funds and other institutional investors own 96.90% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on SSNC shares. Wall Street Zen lowered SS&C Technologies from a "buy" rating to a "hold" rating in a report on Saturday, March 14th. Weiss Ratings reiterated a "buy (b)" rating on shares of SS&C Technologies in a report on Thursday, January 22nd. Needham & Company LLC cut their price objective on SS&C Technologies from $105.00 to $95.00 and set a "buy" rating on the stock in a research report on Friday, February 6th. DA Davidson restated a "buy" rating and issued a $106.00 price objective on shares of SS&C Technologies in a research note on Friday, February 6th. Finally, Raymond James Financial reiterated a "strong-buy" rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $101.00.

View Our Latest Analysis on SSNC

SS&C Technologies Trading Down 5.0%

Shares of SSNC stock opened at $67.70 on Wednesday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.07. The firm has a market cap of $16.35 billion, a P/E ratio of 21.42 and a beta of 1.18. The company has a 50 day moving average of $76.31 and a 200-day moving average of $82.68. SS&C Technologies Holdings, Inc. has a 12-month low of $66.68 and a 12-month high of $91.07.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The technology company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.62 by $0.07. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The business had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.62 billion. During the same quarter in the prior year, the business earned $1.58 earnings per share. SS&C Technologies's revenue for the quarter was up 8.1% on a year-over-year basis. SS&C Technologies has set its Q1 2026 guidance at 1.620-1.680 EPS and its FY 2026 guidance at 6.700-7.020 EPS. Sell-side analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current year.

SS&C Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.27 per share. The ex-dividend date was Monday, March 2nd. This represents a $1.08 annualized dividend and a dividend yield of 1.6%. SS&C Technologies's dividend payout ratio is presently 34.18%.

SS&C Technologies Profile

(Free Report)

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.

Recommended Stories

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in SS&C Technologies Right Now?

Before you consider SS&C Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SS&C Technologies wasn't on the list.

While SS&C Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Click the link to see MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines