Jefferies Financial Group Has Lowered Expectations for SS&C Technologies (NASDAQ:SSNC) Stock Price

SS&C Technologies (NASDAQ:SSNC) had its price objective cut by analysts at Jefferies Financial Group from $92.00 to $83.00 in a research note issued on Monday,Benzinga reports. The brokerage currently has a “buy” rating on the technology company’s stock. Jefferies Financial Group’s price target indicates a potential upside of 18.58% from the stock’s previous close.

Other research analysts also recently issued research reports about the company. DA Davidson reaffirmed a “buy” rating and issued a $96.00 price target on shares of SS&C Technologies in a research note on Wednesday, July 15th. UBS Group increased their price objective on shares of SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Wall Street Zen upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. JPMorgan Chase & Co. reduced their price target on shares of SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating on the stock in a research report on Monday. Finally, Needham & Company LLC decreased their price objective on shares of SS&C Technologies from $95.00 to $90.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, SS&C Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $94.12.

SS&C Technologies Stock Performance

Shares of NASDAQ:SSNC traded up $0.44 on Monday, reaching $70.00. 550,260 shares of the company’s stock were exchanged, compared to its average volume of 2,362,780. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.06. SS&C Technologies has a twelve month low of $61.40 and a twelve month high of $91.07. The company has a fifty day moving average of $66.63 and a 200-day moving average of $72.18. The company has a market capitalization of $16.86 billion, a price-to-earnings ratio of 21.71 and a beta of 1.11.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.65 by $0.04. The business had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.63 billion. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.44 earnings per share. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. On average, research analysts predict that SS&C Technologies will post 6.17 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Michael Jay Zamkow sold 3,000 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $66.68, for a total transaction of $200,040.00. Following the sale, the director owned 18,404 shares in the company, valued at $1,227,178.72. The trade was a 14.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Jonathan E. Michael sold 2,740 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total value of $183,196.40. Following the completion of the transaction, the director owned 79,384 shares of the company’s stock, valued at $5,307,614.24. This represents a 3.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 8,740 shares of company stock worth $583,576 in the last 90 days. Company insiders own 16.00% of the company’s stock.

Hedge Funds Weigh In On SS&C Technologies

Hedge funds have recently modified their holdings of the business. AXA S.A. raised its holdings in shares of SS&C Technologies by 1.4% during the second quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock worth $776,000 after purchasing an additional 130 shares during the last quarter. Private Trust Co. NA boosted its holdings in SS&C Technologies by 36.0% in the fourth quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock valued at $44,000 after purchasing an additional 133 shares during the last quarter. Signaturefd LLC boosted its holdings in SS&C Technologies by 3.9% in the fourth quarter. Signaturefd LLC now owns 3,785 shares of the technology company’s stock valued at $331,000 after purchasing an additional 141 shares during the last quarter. Cullen Frost Bankers Inc. grew its position in SS&C Technologies by 0.8% during the 4th quarter. Cullen Frost Bankers Inc. now owns 17,271 shares of the technology company’s stock worth $1,510,000 after purchasing an additional 142 shares during the period. Finally, Allworth Financial LP raised its stake in shares of SS&C Technologies by 6.9% during the 3rd quarter. Allworth Financial LP now owns 2,312 shares of the technology company’s stock valued at $205,000 after buying an additional 150 shares during the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

SS&C Technologies Company 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.