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

Shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) have received a consensus recommendation of “Moderate Buy” from the nine brokerages that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $96.1250.

Several equities research analysts have recently issued reports on SSNC shares. UBS Group lifted their price target on SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a report on Friday, April 24th. 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. Weiss Ratings lowered SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. Morgan Stanley reduced their price target on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. Finally, Needham & Company LLC reduced their price target on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a report on Friday, April 24th.

SS&C Technologies Stock Down 1.1%

Shares of SS&C Technologies stock opened at $62.94 on Thursday. The firm has a market cap of $15.16 billion, a price-to-earnings ratio of 19.49 and a beta of 1.09. 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 52-week low of $62.26 and a 52-week high of $91.07. The stock has a 50-day simple moving average of $67.55 and a 200-day simple moving average of $74.28.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.04. The business had revenue of $1.65 billion during the quarter, compared to analyst estimates 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 revenue was up 8.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.44 EPS. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. On average, equities research analysts expect that SS&C Technologies will post 6.17 earnings per share for the current fiscal year.

SS&C Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.7%. The ex-dividend date was Monday, June 1st. SS&C Technologies’s payout ratio is 33.44%.

Insider Activity at SS&C Technologies

In related news, 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 value of $183,196.40. Following the completion of the sale, the director directly owned 79,384 shares in the company, valued at approximately $5,307,614.24. The trade was a 3.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Michael Jay Zamkow sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $66.68, for a total value of $200,040.00. Following the completion of the sale, the director 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 disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 8,740 shares of company stock valued at $583,576. Corporate insiders own 16.00% of the company’s stock.

Institutional Investors Weigh In On SS&C Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Havemeyer Place LP bought a new position in SS&C Technologies in the 4th quarter worth approximately $26,000. EFG International AG bought a new position in SS&C Technologies in the 4th quarter worth approximately $29,000. V Square Quantitative Management LLC bought a new position in SS&C Technologies in the 4th quarter worth approximately $37,000. Osterweis Capital Management Inc. bought a new position in SS&C Technologies in the 2nd quarter worth approximately $40,000. Finally, Fifth Third Bancorp increased its position in SS&C Technologies by 216.4% in the 4th quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after buying an additional 329 shares during the period. 96.90% of the stock is currently owned by institutional investors and hedge funds.

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.