SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) have been given an average recommendation of “Moderate Buy” by the nine ratings firms that are presently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $96.1250.

Several brokerages have weighed in on SSNC. Jefferies Financial Group dropped their price target on shares of SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. Weiss Ratings cut shares of SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. DA Davidson reissued a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a research report on Monday, April 27th. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Finally, UBS Group increased their price target on shares of SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, April 24th.

SS&C Technologies Trading Up 2.1%

Shares of SSNC opened at $67.52 on Friday. The stock has a market capitalization of $16.26 billion, a P/E ratio of 20.90 and a beta of 1.12. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.06. The firm has a fifty day simple moving average of $68.38 and a two-hundred day simple moving average of $77.02. SS&C Technologies has a twelve month low of $64.51 and a twelve month high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.04. The business had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.63 billion. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The firm’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.44 EPS. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. On average, research analysts anticipate that SS&C Technologies will post 6.19 EPS for the current year.

SS&C Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, June 1st. SS&C Technologies’s dividend payout ratio (DPR) is currently 33.44%.

Insider Activity

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

Institutional Investors Weigh In On SS&C Technologies

Several institutional investors and hedge funds have recently modified their holdings of the stock. Argent Trust Co lifted its position in shares of SS&C Technologies by 0.8% in the 3rd quarter. Argent Trust Co now owns 15,914 shares of the technology company’s stock worth $1,413,000 after purchasing an additional 126 shares during the period. AXA S.A. lifted its position 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 worth $776,000 after purchasing an additional 130 shares during the period. Private Trust Co. NA lifted its position in shares of SS&C Technologies by 36.0% in the 4th quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock worth $44,000 after purchasing an additional 133 shares during the period. Signaturefd LLC increased its stake in shares of SS&C Technologies by 3.9% in the 4th quarter. Signaturefd LLC now owns 3,785 shares of the technology company’s stock worth $331,000 after acquiring an additional 141 shares in the last quarter. Finally, Cullen Frost Bankers Inc. increased its stake in shares of SS&C Technologies by 0.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 17,271 shares of the technology company’s stock worth $1,510,000 after acquiring an additional 142 shares in the last quarter. 96.90% of the stock is owned by hedge funds and other institutional investors.

SS&C Technologies Company Profile

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.