SS&C Technologies Holdings, Inc. $SSNC Stock Acquired by ZWJ Investment Counsel Inc.

Key Points

• ZWJ Investment Counsel increased its SS&C Technologies stake by 6.7% in the third quarter, bringing its holdings to 495,122 shares valued at approximately $38.2 million. Institutional investors collectively own 96.9% of the company.
• Analysts maintain a favorable outlook, with SS&C receiving a consensus “Moderate Buy” rating and an average price target of $92.62. Recent targets range from $83 to $101.
• SS&C exceeded quarterly earnings and revenue expectations, reporting $1.76 in EPS and $1.70 billion in revenue, while year-over-year revenue rose 10.3%. The company also raised its quarterly dividend to $0.30 per share, a 1.5% yield.

ZWJ Investment Counsel Inc. increased its position in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 6.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 495,122 shares of the technology company's stock after acquiring an additional 30,907 shares during the period. ZWJ Investment Counsel Inc. owned approximately 0.21% of SS&C Technologies worth $38,159,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Skylands Capital LLC raised its holdings in shares of SS&C Technologies by 71.6% in the 1st quarter. Skylands Capital LLC now owns 138,475 shares of the technology company's stock worth $9,357,000 after purchasing an additional 57,775 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in SS&C Technologies during the second quarter valued at approximately $15,709,000. GSA Capital Partners LLP acquired a new stake in SS&C Technologies during the second quarter valued at approximately $1,380,000. OP Asset Management Ltd bought a new stake in SS&C Technologies during the first quarter worth approximately $1,569,000. Finally, Andra AP fonden boosted its holdings in SS&C Technologies by 56.9% during the second quarter. Andra AP fonden now owns 331,000 shares of the technology company's stock worth $20,539,000 after buying an additional 120,100 shares in the last quarter. 96.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on SSNC shares. BWS Financial restated a "buy" rating on shares of SS&C Technologies in a research report on Wednesday, September 9th. Jefferies Financial Group cut their price objective on SS&C Technologies from $92.00 to $83.00 and set a "buy" rating for the company in a research report on Monday, July 20th. Royal Bank Of Canada increased their price objective on SS&C Technologies from $92.00 to $101.00 and gave the company an "outperform" rating in a research report on Monday, August 31st. JPMorgan Chase & Co. reduced their price objective on SS&C Technologies from $94.00 to $87.00 and set a "neutral" rating for the company in a research note on Monday, July 20th. Finally, UBS Group restated a "buy" rating and issued a $101.00 target price on shares of SS&C Technologies in a report on Wednesday, September 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $92.62.

SS&C Technologies Price Performance

NASDAQ SSNC opened at $82.05 on Thursday. The stock's 50-day moving average price is $80.72 and its two-hundred day moving average price is $72.85. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. The company has a market cap of $19.25 billion, a PE ratio of 23.58 and a beta of 1.09. SS&C Technologies Holdings, Inc. has a 1 year low of $61.40 and a 1 year high of $89.93.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last announced its earnings results on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.68 by $0.08. The company had revenue of $1.70 billion during the quarter, compared to analysts' expectations of $1.66 billion. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The business's revenue for the quarter was up 10.3% on a year-over-year basis. During the same period last year, the company 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. On average, analysts predict that SS&C Technologies Holdings, Inc. will post 6.26 EPS for the current year.

SS&C Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.5%. The ex-dividend date was Tuesday, September 1st. This is a positive change from SS&C Technologies's previous quarterly dividend of $0.27. SS&C Technologies's dividend payout ratio is presently 34.48%.

About SS&C Technologies

SS&C Technologies Holdings, Inc is a global provider of software and technology-enabled services for the financial services and healthcare industries. The company's platforms support investment management, fund administration, portfolio accounting, trading, wealth management, and financial reporting.

SS&C also provides services and software for healthcare organizations, including revenue cycle management, claims processing, and related administrative functions. Its products are used by asset managers, hedge funds, private equity firms, insurance companies, banks, financial advisors, and healthcare providers.

Founded in 1986 by William C.

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