SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Receives $91.25 Consensus Target Price from Brokerages

Shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) have received an average rating of “Moderate Buy” from the nine ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three research 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 brokerages that have issued ratings on the stock in the last year is $91.25.

A number of analysts have recently commented on the company. Morgan Stanley cut their price target on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Needham & Company LLC restated a “buy” rating and issued a $90.00 target price on shares of SS&C Technologies in a research note on Friday, July 24th. Royal Bank Of Canada upped their price target on SS&C Technologies from $89.00 to $92.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. Jefferies Financial Group decreased their price target on shares of SS&C Technologies from $92.00 to $83.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Finally, Wall Street Zen upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 16th.

Hedge Funds Weigh In On SS&C Technologies

A number of large investors have recently modified their holdings of SSNC. AXA S.A. grew its holdings in SS&C Technologies by 1.4% in the second quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock worth $776,000 after purchasing an additional 130 shares during the period. Private Trust Co. NA raised its holdings in shares of SS&C Technologies by 36.0% during the fourth quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock valued at $44,000 after purchasing an additional 133 shares during the period. Cullen Frost Bankers Inc. boosted its position in shares of SS&C Technologies by 0.8% during the 4th quarter. Cullen Frost Bankers Inc. now owns 17,271 shares of the technology company’s stock worth $1,510,000 after purchasing an additional 142 shares in the last quarter. AlphaCore Capital LLC boosted its position in shares of SS&C Technologies by 3.5% during the 4th quarter. AlphaCore Capital LLC now owns 4,507 shares of the technology company’s stock worth $394,000 after purchasing an additional 154 shares in the last quarter. Finally, United Community Bank grew its stake in shares of SS&C Technologies by 13.7% in the 4th quarter. United Community Bank now owns 1,285 shares of the technology company’s stock valued at $112,000 after buying an additional 155 shares during the period. 96.90% of the stock is currently owned by institutional investors and hedge funds.

SS&C Technologies Stock Down 0.2%

SS&C Technologies stock opened at $82.12 on Friday. The company has a 50 day moving average of $71.52 and a 200-day moving average of $70.71. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.09. SS&C Technologies has a twelve month low of $61.40 and a twelve month high of $91.07. The stock has a market capitalization of $19.27 billion, a PE ratio of 23.60 and a beta of 1.07.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.08. The business had revenue of $1.70 billion for 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 21.20%. The firm’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period last 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. On average, equities research analysts anticipate that SS&C Technologies will post 6.28 EPS for the current fiscal year.

SS&C Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.5%. The ex-dividend date is Tuesday, September 1st. This is an increase from SS&C Technologies’s previous quarterly dividend of $0.27. SS&C Technologies’s dividend payout ratio (DPR) is presently 31.03%.

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.