SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Get Free Report) has received a consensus rating of “Moderate Buy” from the nine analysts that are covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $96.1250.
A number of brokerages recently issued reports on SSNC. Weiss Ratings downgraded shares of SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday. DA Davidson reiterated a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a report on Monday, April 27th. Raymond James Financial reiterated a “strong-buy” rating on shares of SS&C Technologies in a report on Wednesday, January 21st. Wall Street Zen cut shares of SS&C Technologies from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Jefferies Financial Group lowered their price target on shares of SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a report on Tuesday, April 21st.
Get Our Latest Report on SS&C Technologies
SS&C Technologies Stock Down 0.5%
SS&C Technologies (NASDAQ:SSNC – Get Free Report) 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. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The company had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same period in the prior year, the firm earned $1.44 earnings per share. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Analysts predict that SS&C Technologies will post 6.19 EPS for the current year.
SS&C Technologies Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, March 2nd. SS&C Technologies’s payout ratio is 33.44%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. ABN Amro Investment Solutions grew its holdings in SS&C Technologies by 21.7% during the 1st quarter. ABN Amro Investment Solutions now owns 13,723 shares of the technology company’s stock worth $927,000 after acquiring an additional 2,449 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in SS&C Technologies by 2.1% in the first quarter. PNC Financial Services Group Inc. now owns 20,143 shares of the technology company’s stock valued at $1,361,000 after purchasing an additional 408 shares during the last quarter. Oslo Pensjonsforsikring AS purchased a new position in SS&C Technologies in the first quarter valued at approximately $402,000. Andra AP fonden increased its stake in SS&C Technologies by 3,879.2% in the first quarter. Andra AP fonden now owns 210,900 shares of the technology company’s stock valued at $14,251,000 after purchasing an additional 205,600 shares during the last quarter. Finally, Titan Global Capital Management USA LLC increased its stake in SS&C Technologies by 2.7% in the first quarter. Titan Global Capital Management USA LLC now owns 39,151 shares of the technology company’s stock valued at $2,645,000 after purchasing an additional 1,036 shares during the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.
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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