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

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) has been given a consensus rating of “Moderate Buy” by the nine research firms that are covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $96.1250.

A number of equities research analysts recently commented on SSNC shares. Morgan Stanley decreased their target price on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. DA Davidson reaffirmed a “buy” rating and set a $96.00 target price on shares of SS&C Technologies in a report on Monday, April 27th. Weiss Ratings downgraded SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. Jefferies Financial Group decreased their target price on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a report on Tuesday, April 21st. Finally, UBS Group boosted their price target on SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a report on Friday, April 24th.

Insider Buying and Selling

In other SS&C Technologies news, Director Jonathan E. Michael sold 2,740 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total value of $183,196.40. Following the completion of the transaction, the director directly owned 79,384 shares of the company’s stock, valued at approximately $5,307,614.24. The trade was a 3.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Michael Jay Zamkow sold 3,000 shares of the business’s stock in a transaction that occurred on 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 transaction, the director directly owned 18,404 shares of the company’s stock, valued at $1,227,178.72. The trade was a 14.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 8,740 shares of company stock valued at $583,576 over the last three months. 16.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of SSNC. Teacher Retirement System of Texas increased its position in shares of SS&C Technologies by 374.3% in the fourth quarter. Teacher Retirement System of Texas now owns 137,799 shares of the technology company’s stock valued at $12,046,000 after buying an additional 108,746 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of SS&C Technologies by 8.1% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 217,237 shares of the technology company’s stock worth $18,628,000 after purchasing an additional 16,278 shares in the last quarter. Assenagon Asset Management S.A. increased its position in shares of SS&C Technologies by 245.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 46,397 shares of the technology company’s stock worth $4,056,000 after purchasing an additional 32,963 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of SS&C Technologies by 1.7% during the third quarter. Dimensional Fund Advisors LP now owns 2,979,431 shares of the technology company’s stock worth $264,435,000 after purchasing an additional 50,757 shares in the last quarter. Finally, Foster Victor Wealth Advisors LLC increased its position in shares of SS&C Technologies by 8.0% during the fourth quarter. Foster Victor Wealth Advisors LLC now owns 295,413 shares of the technology company’s stock worth $25,341,000 after purchasing an additional 21,950 shares in the last quarter. 96.90% of the stock is owned by institutional investors and hedge funds.

SS&C Technologies Trading Down 0.3%

SS&C Technologies stock opened at $65.95 on Thursday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.06. SS&C Technologies has a 52 week low of $64.37 and a 52 week high of $91.07. The company has a market capitalization of $15.88 billion, a price-to-earnings ratio of 20.42 and a beta of 1.09. The stock has a 50-day moving average price of $68.02 and a 200 day moving average price of $74.79.

SS&C Technologies (NASDAQ:SSNC) last released its earnings results on Thursday, April 23rd. The technology company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.04. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The firm had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the previous year, the company posted $1.44 earnings per share. The company’s revenue was up 8.8% compared to the same quarter last year. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Sell-side analysts anticipate that SS&C Technologies will post 6.17 EPS for the current year.

SS&C Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a $0.27 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.08 dividend on an annualized basis and a yield of 1.6%. SS&C Technologies’s payout ratio is presently 33.44%.

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.