SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Receives Consensus Recommendation of “Moderate Buy” from Analysts

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) has been given a consensus rating of “Moderate Buy” by the nine ratings firms that are covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $101.75.

A number of brokerages have recently commented on SSNC. DA Davidson set a $102.00 price target on shares of SS&C Technologies in a report on Friday, October 24th. Royal Bank Of Canada lifted their target price on SS&C Technologies from $97.00 to $99.00 and gave the stock an “outperform” rating in a report on Friday, October 24th. Needham & Company LLC increased their price target on SS&C Technologies from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, October 24th. Raymond James Financial lifted their price objective on SS&C Technologies from $101.00 to $105.00 and gave the stock a “strong-buy” rating in a research note on Friday, October 24th. Finally, Jefferies Financial Group upped their target price on SS&C Technologies from $98.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, October 28th.

SS&C Technologies Stock Performance

NASDAQ:SSNC opened at $88.32 on Friday. The stock’s 50-day moving average is $84.59 and its 200-day moving average is $84.59. SS&C Technologies has a 1-year low of $69.61 and a 1-year high of $91.07. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.94. The stock has a market cap of $21.55 billion, a P/E ratio of 26.21 and a beta of 1.20.

SS&C Technologies (NASDAQ:SSNC) last posted its earnings results on Thursday, October 23rd. The technology company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.47 by $0.10. SS&C Technologies had a net margin of 13.86% and a return on equity of 19.80%. The business had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.55 billion. During the same period last year, the company earned $1.29 EPS. The firm’s revenue was up 7.0% compared to the same quarter last year. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS and its FY 2025 guidance at 6.020-6.080 EPS. Equities research analysts anticipate that SS&C Technologies will post 5.35 earnings per share for the current year.

SS&C Technologies Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be given a dividend of $0.27 per share. The ex-dividend date is Monday, December 1st. This represents a $1.08 annualized dividend and a dividend yield of 1.2%. SS&C Technologies’s dividend payout ratio is 32.05%.

Insiders Place Their Bets

In related news, Director Normand A. Boulanger sold 150,000 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $85.85, for a total value of $12,877,500.00. Following the transaction, the director owned 386,924 shares in the company, valued at $33,217,425.40. The trade was a 27.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 16.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in SSNC. Allworth Financial LP grew its holdings in shares of SS&C Technologies by 6.9% during the third quarter. Allworth Financial LP now owns 2,312 shares of the technology company’s stock valued at $205,000 after buying an additional 150 shares during the last quarter. Tevis Investment Management bought a new position in SS&C Technologies in the 3rd quarter valued at about $1,226,000. CIBC Private Wealth Group LLC lifted its position in SS&C Technologies by 12.2% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 3,604 shares of the technology company’s stock valued at $320,000 after acquiring an additional 391 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new position in SS&C Technologies during the 3rd quarter valued at about $1,220,000. Finally, Wilmington Savings Fund Society FSB increased its holdings in SS&C Technologies by 2.2% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 33,579 shares of the technology company’s stock worth $2,980,000 after purchasing an additional 730 shares in the last quarter. 96.90% of the stock is owned by institutional investors.

About SS&C Technologies

SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.