Brokerages Set SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) PT at $92.38

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

A number of analysts have recently weighed in on SSNC shares. Weiss Ratings upgraded SS&C Technologies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 19th. UBS Group reiterated a “buy” rating and set a $101.00 price target on shares of SS&C Technologies in a research report on Wednesday. Royal Bank Of Canada raised their price objective on shares of SS&C Technologies from $92.00 to $101.00 and gave the company an “outperform” rating in a research report on Monday, August 31st. Needham & Company LLC reaffirmed a “buy” rating and issued a $90.00 target price on shares of SS&C Technologies in a research note on Friday, July 24th. Finally, Jefferies Financial Group reduced their target price on shares of SS&C Technologies from $92.00 to $83.00 and set a “buy” rating on the stock in a research report on Monday, July 20th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SSNC. Jones Financial Companies Lllp bought a new stake in shares of SS&C Technologies during the second quarter worth $25,000. Havemeyer Place LP bought a new position in SS&C Technologies in the fourth quarter valued at about $26,000. EFG International AG acquired a new stake in SS&C Technologies in the fourth quarter worth about $29,000. Ameritas Advisory Services LLC acquired a new stake in SS&C Technologies in the second quarter worth about $31,000. Finally, Osterweis Capital Management Inc. bought a new stake in SS&C Technologies during the 2nd quarter worth about $40,000. 96.90% of the stock is currently owned by institutional investors.

SS&C Technologies Stock Down 0.5%

Shares of SSNC opened at $78.92 on Tuesday. The company has a market capitalization of $18.52 billion, a P/E ratio of 22.68 and a beta of 1.09. SS&C Technologies has a one year low of $61.40 and a one year high of $90.26. The business’s 50 day simple moving average is $76.69 and its 200-day simple moving average is $71.62. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.06 and a quick ratio of 1.06.

SS&C Technologies (NASDAQ:SSNC) last released its quarterly earnings results 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 firm had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.66 billion. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%.The business’s revenue was up 10.3% on a year-over-year basis. During the same period last year, the firm 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. As a group, sell-side analysts predict that SS&C Technologies will post 6.26 EPS for the current fiscal year.

SS&C Technologies Increases Dividend

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

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.