SS&C Technologies (NASDAQ:SSNC) Given New $100.00 Price Target at Jefferies Financial Group

SS&C Technologies (NASDAQ:SSNC – Free Report) had its price target hoisted by Jefferies Financial Group from $83.00 to $100.00 in a research note published on Wednesday,Benzinga reports. They currently have a buy rating on the technology company’s stock.

Several other brokerages have also commented on SSNC. Evercore raised shares of SS&C Technologies to an “outperform” rating in a report on Friday. Needham & Company LLC lifted their target price on shares of SS&C Technologies from $90.00 to $105.00 and gave the company a “buy” rating in a research report on Friday. UBS Group reiterated a “buy” rating and issued a $101.00 target price on shares of SS&C Technologies in a research report on Wednesday, September 9th. DA Davidson boosted their target price on shares of SS&C Technologies from $96.00 to $104.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, BWS Financial restated a “buy” rating on shares of SS&C Technologies in a research report on Wednesday, September 9th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $97.62.

Get Our Latest Stock Analysis on SS&C Technologies

SS&C Technologies Price Performance

NASDAQ:SSNC opened at $89.54 on Wednesday. SS&C Technologies has a 52 week low of $61.40 and a 52 week high of $89.93. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $21.01 billion, a PE ratio of 25.73 and a beta of 1.09. The stock’s 50-day moving average price is $81.43 and its 200-day moving average price is $73.64.

SS&C Technologies (NASDAQ:SSNC – Get Free Report) last issued its quarterly earnings results on Thursday, October 22nd. The technology company reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.77 by $0.01. The company had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.69 billion. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%. SS&C Technologies’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.57 earnings per share. As a group, equities analysts expect that SS&C Technologies will post 6.26 EPS for the current fiscal year.

SS&C Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Tuesday, September 1st. This is an increase from SS&C Technologies’s previous quarterly dividend of $0.27. SS&C Technologies’s payout ratio is 34.48%.

Institutional Investors Weigh In On SS&C Technologies

A number of large investors have recently modified their holdings of SSNC. Tectonic Advisors LLC grew its stake in shares of SS&C Technologies by 16.7% in the 3rd quarter. Tectonic Advisors LLC now owns 126,683 shares of the technology company’s stock valued at $9,763,000 after buying an additional 18,127 shares during the period. Yousif Capital Management LLC increased its holdings in shares of SS&C Technologies by 10.3% during the 3rd quarter. Yousif Capital Management LLC now owns 4,976 shares of the technology company’s stock worth $384,000 after buying an additional 464 shares during the last quarter. MBL Wealth LLC acquired a new stake in shares of SS&C Technologies during the 3rd quarter worth approximately $378,000. Root Financial Partners LLC purchased a new stake in shares of SS&C Technologies during the 3rd quarter valued at approximately $104,000. Finally, E. Ohman J or Asset Management AB raised its position in shares of SS&C Technologies by 33.9% during the 3rd quarter. E. Ohman J or Asset Management AB now owns 7,116 shares of the technology company’s stock valued at $548,000 after buying an additional 1,800 shares during the period. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Key Stories Impacting SS&C Technologies

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

  • Positive Sentiment: SS&C reported third-quarter adjusted earnings of $1.78 per share, above the $1.77 consensus estimate and up from $1.57 a year earlier. Revenue reached approximately $1.69 billion, matching expectations and increasing 7.7% year over year. The results marked the company’s fifth consecutive earnings beat. SS&C Technologies Q3 Earnings Top Estimates
  • Positive Sentiment: Management signaled a 2026 revenue outlook of approximately $6.736 billion to $6.776 billion and is targeting a 41% adjusted EBITDA margin exit rate, highlighting continued margin-expansion potential. SS&C 2026 Revenue Outlook and EBITDA Margin Target
  • Positive Sentiment: DA Davidson raised its price target on SSNC from $96 to $104 and maintained a Buy rating, implying additional upside based on the stock’s quoted price. DA Davidson Raises SS&C Price Target

SS&C Technologies Company Profile

(Get Free Report)

SS&C Technologies Holdings, Inc is a global provider of software and technology-enabled services for the financial services and healthcare industries. The company helps investment firms, banks, insurers, corporations and healthcare organizations manage operations, data, reporting and regulatory requirements through integrated technology platforms and outsourced services.

Its financial services offerings support areas including investment and fund accounting, portfolio and wealth management, trading and risk management, alternative investments, private markets, transfer agency, fund administration and investor communications.

See Also

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

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