SS&C Technologies Holdings, Inc. $SSNC Shares Sold by Mackenzie Financial Corp

Key Points

• Mackenzie Financial cut its stake in SS&C Technologies by 30.2%, selling 314,650 shares and leaving 727,650 shares valued at about $64.59 million, while institutional investors own roughly 96.9% of the stock.
• SS&C topped quarterly estimates, reporting $1.69 EPS versus a $1.62 consensus and $1.65B in revenue versus $1.62B, and issued Q1 2026 EPS guidance of 1.620–1.680 and FY 2026 guidance of 6.700–7.020.
• Wall Street has a consensus rating of "Moderate Buy" on SS&C with an average price target of $101 (one Strong Buy, six Buy, two Hold).

Mackenzie Financial Corp reduced its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 30.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 727,650 shares of the technology company's stock after selling 314,650 shares during the period. Mackenzie Financial Corp owned 0.30% of SS&C Technologies worth $64,586,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Caldwell Trust Co purchased a new stake in SS&C Technologies in the second quarter valued at approximately $27,000. Cornerstone Planning Group LLC raised its stake in SS&C Technologies by 1,890.9% during the third quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company's stock worth $39,000 after purchasing an additional 416 shares during the period. Quent Capital LLC acquired a new position in shares of SS&C Technologies in the 3rd quarter valued at $39,000. Root Financial Partners LLC purchased a new stake in shares of SS&C Technologies during the 3rd quarter valued at $42,000. Finally, Osterweis Capital Management Inc. purchased a new stake in shares of SS&C Technologies during the 2nd quarter valued at $40,000. 96.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on SSNC. Needham & Company LLC cut their target price 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 set a $106.00 price target on shares of SS&C Technologies in a research note on Friday, February 6th. Raymond James Financial restated a "strong-buy" rating on shares of SS&C Technologies in a report on Wednesday, January 21st. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of SS&C Technologies in a report on Thursday, January 22nd. One investment 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 company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $101.00.

SS&C Technologies Trading Down 2.0%

NASDAQ:SSNC opened at $71.52 on Friday. The business's 50-day moving average is $78.87 and its two-hundred day moving average is $83.73. The firm has a market capitalization of $17.27 billion, a PE ratio of 22.63 and a beta of 1.18. SS&C Technologies Holdings, Inc. has a 12 month low of $69.00 and a 12 month high of $91.07. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.07 and a quick ratio of 1.07.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last issued its earnings results on Thursday, February 5th. The technology company reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.07. The company had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.62 billion. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The company's revenue was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.58 earnings per share. 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. Research analysts predict that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be given a $0.27 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.08 annualized dividend and a yield of 1.5%. SS&C Technologies's dividend payout ratio (DPR) is 34.18%.

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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