Shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Get Free Report) have been assigned an average rating of “Moderate Buy” from the nine analysts that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $101.00.
A number of research firms have issued reports on SSNC. Weiss Ratings restated a “buy (b)” rating on shares of SS&C Technologies in a research report on Thursday, January 22nd. Needham & Company LLC lowered their price target on shares of SS&C Technologies from $105.00 to $95.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Raymond James Financial reissued a “strong-buy” rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. Wall Street Zen lowered shares of SS&C Technologies from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Finally, DA Davidson reaffirmed a “buy” rating and set a $106.00 target price on shares of SS&C Technologies in a report on Friday, February 6th.
Read Our Latest Report on SSNC
SS&C Technologies Stock Down 0.7%
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.62 by $0.07. The business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.62 billion. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.58 earnings per share. SS&C Technologies has set its Q1 2026 guidance at 1.620-1.680 EPS and its FY 2026 guidance at 6.700-7.020 EPS. On average, equities research analysts forecast that SS&C Technologies will post 5.35 EPS for the current year.
SS&C Technologies Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were given a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Monday, March 2nd. SS&C Technologies’s dividend payout ratio (DPR) is currently 34.18%.
Hedge Funds Weigh In On SS&C Technologies
Hedge funds have recently added to or reduced their stakes in the stock. Havemeyer Place LP bought a new stake in shares of SS&C Technologies in the 4th quarter valued at about $26,000. Caldwell Trust Co bought a new position in SS&C Technologies during the 2nd quarter worth approximately $27,000. EFG International AG bought a new position in SS&C Technologies during the 4th quarter worth approximately $29,000. V Square Quantitative Management LLC acquired a new position in SS&C Technologies during the fourth quarter valued at approximately $37,000. Finally, Cornerstone Planning Group LLC increased its stake in SS&C Technologies by 1,890.9% in the third quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock valued at $39,000 after purchasing an additional 416 shares in the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.
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.
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