SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Given Average Recommendation of “Moderate Buy” by Analysts

SS&C Technologies Holdings, Inc. (NASDAQ:SSNCGet Free Report) has received a consensus recommendation of “Moderate Buy” from the nine research firms that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $93.25.

Several brokerages have recently weighed in on SSNC. Needham & Company LLC reissued a “buy” rating and issued a $90.00 price target on shares of SS&C Technologies in a research note on Friday. Morgan Stanley cut their price objective on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. Royal Bank Of Canada upped their target price on SS&C Technologies from $89.00 to $92.00 and gave the company an “outperform” rating in a report on Friday. UBS Group raised their price target on shares of SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Finally, 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.

View Our Latest Stock Report on SSNC

Insider Buying and Selling at SS&C Technologies

In other news, Director Michael Jay Zamkow sold 3,000 shares of SS&C Technologies stock in a transaction dated 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 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jonathan E. Michael sold 2,740 shares of the business’s 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 directly owned 79,384 shares in the company, 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. In the last 90 days, insiders sold 8,740 shares of company stock worth $583,576. 16.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On SS&C Technologies

Several large investors have recently added to or reduced their stakes in the business. Teacher Retirement System of Texas raised its stake in shares of SS&C Technologies by 374.3% in the fourth quarter. Teacher Retirement System of Texas now owns 137,799 shares of the technology company’s stock worth $12,046,000 after purchasing an additional 108,746 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of SS&C Technologies by 8.1% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 217,237 shares of the technology company’s stock valued at $18,628,000 after buying an additional 16,278 shares during the last quarter. Kepler Cheuvreux Suisse SA grew its holdings in SS&C Technologies by 29.4% during the fourth quarter. Kepler Cheuvreux Suisse SA now owns 121,773 shares of the technology company’s stock worth $10,645,000 after buying an additional 27,686 shares in the last quarter. Assenagon Asset Management S.A. raised its position in SS&C Technologies by 245.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 46,397 shares of the technology company’s stock valued at $4,056,000 after buying an additional 32,963 shares during the last quarter. Finally, Foster Victor Wealth Advisors LLC raised its position in SS&C Technologies by 8.0% in the 4th quarter. Foster Victor Wealth Advisors LLC now owns 295,413 shares of the technology company’s stock valued at $25,341,000 after buying an additional 21,950 shares during the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

Key Headlines Impacting SS&C Technologies

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

SS&C Technologies Price Performance

Shares of NASDAQ:SSNC opened at $73.88 on Monday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.10 and a current ratio of 1.10. SS&C Technologies has a 52 week low of $61.40 and a 52 week high of $91.07. The firm has a market cap of $17.79 billion, a PE ratio of 21.23 and a beta of 1.11. The firm’s fifty day moving average is $66.98 and its 200-day moving average is $71.64.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.08. The business had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.66 billion. SS&C Technologies had a return on equity of 21.02% and a net margin of 13.16%.SS&C Technologies’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the prior 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 predict that SS&C Technologies will post 6.17 earnings per share for the current year.

SS&C Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Monday, June 1st. SS&C Technologies’s dividend payout ratio (DPR) is currently 33.44%.

SS&C Technologies Company Profile

(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.

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

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