Running Oak Capital LLC Has $16.52 Million Stock Holdings in SS&C Technologies Holdings, Inc. $SSNC

Key Points

• Running Oak Capital LLC increased its holdings in SS&C Technologies by 7.3%, owning 199,470 shares valued at approximately $16.52 million as of the last reporting period.
• SS&C Technologies reported earnings of $1.45 per share for the most recent quarter, exceeding expectations, with revenue growth of 5.9% year-over-year.
• The company has recently raised its quarterly dividend from $0.25 to $1.08, resulting in a dividend yield of 4.9%.

Running Oak Capital LLC raised its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 7.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 199,470 shares of the technology company's stock after purchasing an additional 13,549 shares during the period. Running Oak Capital LLC owned approximately 0.08% of SS&C Technologies worth $16,516,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of SSNC. Atwood & Palmer Inc. raised its holdings in shares of SS&C Technologies by 125.8% during the 1st quarter. Atwood & Palmer Inc. now owns 298 shares of the technology company's stock worth $25,000 after buying an additional 166 shares in the last quarter. Larson Financial Group LLC raised its stake in SS&C Technologies by 634.8% during the first quarter. Larson Financial Group LLC now owns 338 shares of the technology company's stock worth $28,000 after acquiring an additional 292 shares in the last quarter. Whittier Trust Co. bought a new position in shares of SS&C Technologies in the first quarter worth about $29,000. N.E.W. Advisory Services LLC acquired a new stake in shares of SS&C Technologies in the 1st quarter valued at approximately $29,000. Finally, Elequin Capital LP bought a new stake in shares of SS&C Technologies during the 1st quarter valued at approximately $30,000. Institutional investors and hedge funds own 96.90% of the company's stock.

SS&C Technologies Price Performance

Shares of SSNC opened at $87.89 on Monday. The firm has a market cap of $21.46 billion, a PE ratio of 27.55 and a beta of 1.23. SS&C Technologies Holdings, Inc. has a 52-week low of $66.83 and a 52-week high of $91.07. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.14 and a current ratio of 1.14. The business's 50 day moving average price is $87.79 and its two-hundred day moving average price is $82.63.

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

SS&C Technologies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were paid a $1.08 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $4.32 annualized dividend and a dividend yield of 4.9%. This is a boost from SS&C Technologies's previous quarterly dividend of $0.25. SS&C Technologies's dividend payout ratio (DPR) is 33.86%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on SSNC shares. Needham & Company LLC increased their price objective on shares of SS&C Technologies from $90.00 to $100.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. UBS Group upped their price target 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. Morgan Stanley raised their price objective on SS&C Technologies from $75.00 to $88.00 and gave the company an "equal weight" rating in a report on Thursday, July 24th. JPMorgan Chase & Co. upped their target price on SS&C Technologies from $86.00 to $94.00 and gave the stock a "neutral" rating in a report on Thursday, July 24th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of SS&C Technologies in a research note on Saturday, September 27th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $97.38.

SS&C Technologies Company 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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