SS&C Technologies Holdings, Inc. $SSNC Shares Acquired by Reinhart Partners LLC.

Key Points

• Reinhart Partners increased its SS&C Technologies stake by 27.6% in the second quarter, bringing its holdings to 84,270 shares valued at approximately $5.23 million. Institutional investors and hedge funds collectively own 96.9% of the company.
• SS&C Technologies exceeded quarterly expectations, reporting $1.76 in adjusted EPS versus the $1.68 consensus and revenue of $1.70 billion, up 10.3% year over year. The company also issued FY 2026 EPS guidance of $6.93–$7.25.
• Analyst sentiment remains positive, with the stock carrying a consensus “Moderate Buy” rating and a $93.25 average price target. SS&C also maintains a quarterly dividend of $0.27 per share, equal to a 1.4% annualized yield.

Reinhart Partners LLC. lifted its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 27.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 84,270 shares of the technology company's stock after acquiring an additional 18,208 shares during the quarter. Reinhart Partners LLC.'s holdings in SS&C Technologies were worth $5,229,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of SSNC. Bank of Montreal Can boosted its stake in shares of SS&C Technologies by 4,424.6% in the 4th quarter. Bank of Montreal Can now owns 5,126,190 shares of the technology company's stock valued at $448,132,000 after buying an additional 5,012,893 shares during the period. Norges Bank purchased a new position in SS&C Technologies in the fourth quarter worth approximately $242,846,000. Lyrical Asset Management LP acquired a new position in SS&C Technologies during the 4th quarter worth approximately $220,573,000. Alliancebernstein L.P. grew its holdings in SS&C Technologies by 503.0% during the 3rd quarter. Alliancebernstein L.P. now owns 1,261,559 shares of the technology company's stock worth $111,976,000 after acquiring an additional 1,052,331 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of SS&C Technologies by 48.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,267,717 shares of the technology company's stock valued at $198,244,000 after purchasing an additional 743,245 shares during the last quarter. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

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

SS&C Technologies Price Performance

Shares of NASDAQ:SSNC opened at $79.23 on Friday. The company's fifty day moving average price is $69.30 and its 200 day moving average price is $71.04. SS&C Technologies Holdings, Inc. has a 12 month low of $61.40 and a 12 month high of $91.07. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market capitalization of $18.59 billion, a P/E ratio of 22.77 and a beta of 1.07.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.08. The company had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.66 billion. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. SS&C Technologies's revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.45 earnings per share. 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. As a group, sell-side analysts predict that SS&C Technologies Holdings, Inc. will post 6.28 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a $0.27 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.4%. SS&C Technologies's dividend payout ratio is 31.03%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. DA Davidson restated a "buy" rating and issued a $96.00 price objective on shares of SS&C Technologies in a report on Monday, July 27th. Royal Bank Of Canada increased their target price on SS&C Technologies from $89.00 to $92.00 and gave the company an "outperform" rating in a report on Friday, July 24th. Wall Street Zen upgraded SS&C Technologies from a "hold" rating to a "buy" rating in a research note on Saturday, May 16th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of SS&C Technologies in a report on Wednesday. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $90.00 price target on shares of SS&C Technologies in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, SS&C Technologies presently has a consensus rating of "Moderate Buy" and a consensus price target of $93.25.

SS&C Technologies 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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