Strs Ohio Lowers Stock Holdings in SS&C Technologies Holdings, Inc. $SSNC

Key Points

• Strs Ohio cut its stake in SS&C by 20.4%, selling 50,345 shares to finish the quarter with 196,712 shares worth about $17.2 million, while institutional investors hold roughly 96.9% of the stock.
• SS&C beat quarterly estimates with EPS of $1.69 versus $1.65 expected and revenue of $1.65B versus $1.63B, with revenue up 8.8% year‑over‑year and Q2 guidance set at $1.64–$1.70 EPS.
• The shares trade near $69 with a market cap of about $16.7 billion and a P/E of ~21.5; analysts have a consensus rating of Moderate Buy and an average price target of $96.13, and the company pays a $1.08 annual dividend (≈1.6% yield).

Strs Ohio lessened its stake in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 20.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 196,712 shares of the technology company's stock after selling 50,345 shares during the quarter. Strs Ohio owned about 0.08% of SS&C Technologies worth $17,197,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Fifth Third Bancorp raised its stake in shares of SS&C Technologies by 216.4% during the fourth quarter. Fifth Third Bancorp now owns 481 shares of the technology company's stock worth $42,000 after purchasing an additional 329 shares during the last quarter. Danske Bank A S raised its stake in shares of SS&C Technologies by 103.0% during the fourth quarter. Danske Bank A S now owns 521,042 shares of the technology company's stock worth $45,549,000 after purchasing an additional 264,365 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of SS&C Technologies by 12.1% during the fourth quarter. Oppenheimer & Co. Inc. now owns 10,604 shares of the technology company's stock worth $927,000 after purchasing an additional 1,141 shares during the last quarter. Oppenheimer Asset Management Inc. raised its stake in shares of SS&C Technologies by 122.7% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 41,976 shares of the technology company's stock worth $3,670,000 after purchasing an additional 23,125 shares during the last quarter. Finally, Delta Investment Management LLC purchased a new stake in shares of SS&C Technologies during the fourth quarter worth approximately $222,000. Hedge funds and other institutional investors own 96.90% of the company's stock.

SS&C Technologies Trading Up 0.0%

NASDAQ:SSNC opened at $69.31 on Monday. The stock has a fifty day moving average price of $70.74 and a two-hundred day moving average price of $79.15. The stock has a market capitalization of $16.69 billion, a price-to-earnings ratio of 21.46 and a beta of 1.12. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.10 and a current ratio of 1.10. SS&C Technologies Holdings, Inc. has a 1 year low of $65.05 and a 1 year high of $91.07.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last posted its earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.04. The company had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.63 billion. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.SS&C Technologies's revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.44 earnings per share. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. As a group, sell-side analysts anticipate that SS&C Technologies Holdings, Inc. will post 6.19 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, March 16th. Shareholders of record on Monday, March 2nd were issued a $0.27 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.08 annualized dividend and a yield of 1.6%. SS&C Technologies's dividend payout ratio is 33.44%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on SSNC. DA Davidson restated a "buy" rating and set a $96.00 price target on shares of SS&C Technologies in a research note on Monday, April 27th. Jefferies Financial Group cut their price objective on SS&C Technologies from $105.00 to $92.00 and set a "buy" rating for the company in a research report on Tuesday, April 21st. Morgan Stanley cut their price objective on SS&C Technologies from $86.00 to $78.00 and set an "equal weight" rating for the company in a research report on Friday, April 24th. Weiss Ratings cut SS&C Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, April 7th. Finally, Needham & Company LLC cut their price objective on SS&C Technologies from $95.00 to $90.00 and set a "buy" rating for the company in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $96.13.

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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