SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Receives Average Recommendation of “Moderate Buy” from Brokerages

SS&C Technologies Holdings, Inc. (NASDAQ:SSNCGet Free Report) has earned an average recommendation of “Moderate Buy” from the nine analysts that are presently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $93.25.

A number of analysts have recently issued reports on SSNC shares. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings cut SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. UBS Group raised their price target on SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Morgan Stanley dropped their price target on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. Finally, 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 report on Monday, July 20th.

Check Out Our Latest Stock Report on SSNC

Insider Activity at SS&C Technologies

In other SS&C Technologies news, Director Michael Jay Zamkow sold 3,000 shares of SS&C Technologies stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $66.68, for a total transaction of $200,040.00. Following the transaction, the director directly owned 18,404 shares of the company’s stock, valued at approximately $1,227,178.72. This trade represents a 14.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Jonathan E. Michael sold 2,740 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total transaction of $183,196.40. Following the completion of the sale, the director owned 79,384 shares of the company’s stock, valued at approximately $5,307,614.24. The trade was a 3.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 8,740 shares of company stock valued at $583,576. 16.00% of the stock is owned by insiders.

Hedge Funds Weigh In On SS&C Technologies

A number of large investors have recently added to or reduced their stakes in the business. Bank of Montreal Can grew its holdings in shares of SS&C Technologies by 4,424.6% in the fourth quarter. Bank of Montreal Can now owns 5,126,190 shares of the technology company’s stock worth $448,132,000 after purchasing an additional 5,012,893 shares during the last quarter. Norges Bank bought a new stake in SS&C Technologies during the 4th quarter valued at $242,846,000. Lyrical Asset Management LP bought a new stake in SS&C Technologies during the 4th quarter valued at $220,573,000. Alliancebernstein L.P. boosted its position in SS&C Technologies by 503.0% during the 3rd quarter. Alliancebernstein L.P. now owns 1,261,559 shares of the technology company’s stock valued at $111,976,000 after buying an additional 1,052,331 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in SS&C Technologies by 48.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,267,717 shares of the technology company’s stock valued at $198,244,000 after buying an additional 743,245 shares during the period. Hedge funds and other institutional investors own 96.90% of the company’s stock.

SS&C Technologies Stock Performance

Shares of SSNC opened at $73.88 on Monday. The firm’s 50 day simple moving average is $66.98 and its 200 day simple moving average is $71.53. The company has a market capitalization of $17.79 billion, a P/E ratio of 21.23 and a beta of 1.11. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.10 and a quick ratio of 1.10. SS&C Technologies has a 1-year low of $61.40 and a 1-year high of $91.07.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last announced its earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.08. The business had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.66 billion. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.02%. SS&C Technologies’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the previous year, the business 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. Sell-side analysts forecast that SS&C Technologies will post 6.17 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, June 15th. Investors of record on Monday, June 1st were given a $0.27 dividend. The ex-dividend date was Monday, June 1st. This represents a $1.08 dividend on an annualized basis and a yield of 1.5%. SS&C Technologies’s payout ratio is presently 31.03%.

SS&C Technologies News Summary

Here are the key news stories impacting SS&C Technologies this week:

About SS&C Technologies

(Get Free Report)

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.

Further Reading

Analyst Recommendations for SS&C Technologies (NASDAQ:SSNC)

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