Analysts Set SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Price Target at $92.38

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) has been assigned a consensus rating of “Moderate Buy” from the ten ratings firms that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $92.6250.

Several research firms have issued reports on SSNC. Weiss Ratings raised SS&C Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 19th. UBS Group reaffirmed a “buy” rating and issued a $101.00 price target on shares of SS&C Technologies in a research note on Wednesday, September 9th. BWS Financial reissued a “buy” rating on shares of SS&C Technologies in a research report on Wednesday, September 9th. Jefferies Financial Group reduced their price objective on shares of SS&C Technologies from $92.00 to $83.00 and set a “buy” rating on the stock in a report on Monday, July 20th. Finally, JPMorgan Chase & Co. cut their target price on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating on the stock in a research report on Monday, July 20th.

SS&C Technologies Price Performance

Shares of SSNC stock opened at $81.22 on Tuesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market capitalization of $19.06 billion, a PE ratio of 23.34 and a beta of 1.09. The firm’s 50-day moving average is $77.30 and its two-hundred day moving average is $71.77. SS&C Technologies has a 12 month low of $61.40 and a 12 month high of $90.22.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share 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 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 quarter in the prior year, the company posted $1.45 EPS. 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. Analysts predict that SS&C Technologies will post 6.26 earnings per share for the current year.

SS&C Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.30 per share. This is an increase from SS&C Technologies’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $1.20 annualized dividend and a dividend yield of 1.5%. SS&C Technologies’s dividend payout ratio is presently 34.48%.

Hedge Funds Weigh In On SS&C Technologies

Several large investors have recently bought and sold shares of the business. Havemeyer Place LP acquired a new stake in shares of SS&C Technologies in the fourth quarter valued at approximately $26,000. Jones Financial Companies Lllp acquired a new position in shares of SS&C Technologies during the 2nd quarter worth approximately $25,000. Fifth Third Bancorp raised its position in shares of SS&C Technologies by 216.4% during the 4th 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. Ameritas Advisory Services LLC purchased a new stake in SS&C Technologies in the 2nd quarter valued at approximately $31,000. Finally, Johnson Financial Group Inc. purchased a new stake in SS&C Technologies in the 2nd quarter valued at approximately $43,000. Hedge funds and other institutional investors own 96.90% of the company’s stock.

About SS&C Technologies

SS&C Technologies Holdings, Inc (NASDAQ: SSNC) provides software and software-enabled services to the financial services and healthcare industries. Its platforms are designed to support investment management, fund administration, portfolio accounting, trading, risk management, financial reporting, and regulatory compliance.

The company serves asset managers, hedge funds, private equity firms, wealth managers, banks, insurance companies, corporations, and healthcare organizations. Its offerings include products for alternative investment and fund administration, wealth and asset management, institutional investment management, loan and portfolio servicing, and healthcare claims and payment processing.