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

Shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) have been assigned a consensus rating of “Moderate Buy” from the nine brokerages that are currently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $91.25.

A number of equities research analysts recently commented on the stock. UBS Group restated a “buy” rating and set a $99.00 price objective on shares of SS&C Technologies in a report on Thursday. Morgan Stanley reduced their target price on shares of SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. Jefferies Financial Group cut their price target on SS&C Technologies from $92.00 to $83.00 and set a “buy” rating on the stock in a report on Monday, July 20th. Royal Bank Of Canada increased their price objective on SS&C Technologies from $89.00 to $92.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of SS&C Technologies in a research report on Wednesday, August 5th.

Insider Activity at SS&C Technologies

In related news, Director Jonathan E. Michael sold 2,740 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total transaction of $183,196.40. Following the sale, the director owned 79,384 shares of the company’s stock, valued at $5,307,614.24. This represents a 3.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Michael Jay Zamkow sold 3,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $66.68, for a total value of $200,040.00. Following the transaction, the director owned 18,404 shares in the company, valued at approximately $1,227,178.72. This trade represents a 14.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 8,740 shares of company stock valued at $583,576. 16.00% of the stock is currently owned by corporate insiders.

Institutional Trading of SS&C Technologies

Several large investors have recently modified their holdings of SSNC. AXA S.A. boosted its stake in shares of SS&C Technologies by 1.4% in the 2nd quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock valued at $776,000 after purchasing an additional 130 shares during the last quarter. Private Trust Co. NA lifted its holdings in SS&C Technologies by 36.0% in the fourth quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock valued at $44,000 after buying an additional 133 shares during the period. Cullen Frost Bankers Inc. boosted its position in SS&C Technologies by 0.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 17,271 shares of the technology company’s stock valued at $1,510,000 after acquiring an additional 142 shares during the last quarter. AlphaCore Capital LLC grew its holdings in 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 acquiring an additional 154 shares during the period. Finally, United Community Bank lifted 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 purchasing an additional 155 shares during the period. 96.90% of the stock is owned by institutional investors and hedge funds.

SS&C Technologies Price Performance

Shares of SSNC opened at $81.50 on Friday. The stock has a 50 day simple moving average of $70.48 and a 200 day simple moving average of $70.78. SS&C Technologies has a 52-week low of $61.40 and a 52-week high of $91.07. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market capitalization of $19.12 billion, a PE ratio of 23.42 and a beta of 1.07.

SS&C Technologies (NASDAQ:SSNC) last announced its earnings results on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.68 by $0.08. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The firm had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period last year, the company posted $1.45 EPS. The business’s quarterly revenue was up 10.3% on a year-over-year basis. 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 6.28 EPS for the current fiscal year.

SS&C Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Monday, June 1st. SS&C Technologies’s dividend payout ratio 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.