Wedge Capital Management L L P NC Cuts Stock Holdings in SS&C Technologies Holdings, Inc. $SSNC

Key Points

• Wedge Capital cut its SS&C stake by 6.5%, selling 53,581 shares to hold 768,943 shares worth about $67.22 million; SS&C is Wedge's third-largest holding and represents roughly 1.2% of the fund's portfolio.
• Analyst sentiment is mixed-to-positive with a consensus rating of “Moderate Buy” and an average price target of $101, while the stock trades near $65.42—close to its 52-week low and below both its 50- and 200-day moving averages.
• SS&C beat quarterly estimates (EPS $1.69 vs. $1.62; revenue $1.65B vs. $1.62B), gave FY2026 EPS guidance of 6.700–7.020, and pays a $0.27 quarterly dividend (≈1.7% yield).

Wedge Capital Management L L P NC decreased its holdings in shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Free Report) by 6.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 768,943 shares of the technology company's stock after selling 53,581 shares during the period. SS&C Technologies accounts for about 1.2% of Wedge Capital Management L L P NC's holdings, making the stock its 3rd largest holding. Wedge Capital Management L L P NC owned about 0.32% of SS&C Technologies worth $67,221,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of SSNC. Caldwell Trust Co purchased a new position in shares of SS&C Technologies during the second quarter valued at approximately $27,000. Quent Capital LLC purchased a new stake in SS&C Technologies in the third quarter worth $39,000. Cornerstone Planning Group LLC boosted its holdings in SS&C Technologies by 1,890.9% in the third quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company's stock valued at $39,000 after acquiring an additional 416 shares in the last quarter. Osterweis Capital Management Inc. bought a new stake in SS&C Technologies in the second quarter valued at $40,000. Finally, Root Financial Partners LLC purchased a new position in SS&C Technologies during the 3rd quarter valued at $42,000. Hedge funds and other institutional investors own 96.90% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Wall Street Zen lowered shares of SS&C Technologies from a "buy" rating to a "hold" rating in a report on Saturday, March 14th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of SS&C Technologies in a research note on Thursday, January 22nd. Raymond James Financial reissued a "strong-buy" rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. Needham & Company LLC lowered their price objective on shares of SS&C Technologies from $105.00 to $95.00 and set a "buy" rating for the company in a report on Friday, February 6th. Finally, DA Davidson reaffirmed a "buy" rating and set a $106.00 price objective on shares of SS&C Technologies in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $101.00.

SS&C Technologies Stock Performance

Shares of SSNC opened at $65.42 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.07. The stock has a market cap of $15.80 billion, a P/E ratio of 20.70 and a beta of 1.18. The business's 50 day moving average price is $75.15 and its 200-day moving average price is $82.30. SS&C Technologies Holdings, Inc. has a 52 week low of $65.05 and a 52 week high of $91.07.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The technology company reported $1.69 earnings per share for the quarter, beating analysts' consensus estimates of $1.62 by $0.07. The company had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.62 billion. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The firm's revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter last year, the company earned $1.58 EPS. 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. Equities research analysts anticipate that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.27 per share. The ex-dividend date was Monday, March 2nd. This represents a $1.08 annualized dividend and a dividend yield of 1.7%. SS&C Technologies's dividend payout ratio (DPR) is presently 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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