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

Shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNCGet Free Report) have received a consensus rating of “Moderate Buy” from the nine research firms that are presently covering the stock, MarketBeat Ratings reports. Three research 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 1-year price objective among analysts that have updated their coverage on the stock in the last year is $96.1250.

A number of equities analysts recently commented on SSNC shares. Morgan Stanley dropped their price target on 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. Weiss Ratings lowered SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Needham & Company LLC dropped their target price on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a report on Friday, April 24th. Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Finally, Jefferies Financial Group lowered their price target on 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.

Get Our Latest Report on SS&C Technologies

Insider Activity

In related news, Director Michael Jay Zamkow sold 3,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $66.68, for a total transaction of $200,040.00. Following the transaction, the director directly owned 18,404 shares in the company, valued at approximately $1,227,178.72. This represents a 14.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jonathan E. Michael sold 2,740 shares of the 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 in the company, valued at $5,307,614.24. This trade represents a 3.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 8,740 shares of company stock valued at $583,576 in the last 90 days. Company insiders own 16.00% of the company’s stock.

Institutional Investors Weigh In On SS&C Technologies

Several hedge funds and other institutional investors have recently modified their holdings of SSNC. Havemeyer Place LP bought a new stake in shares of SS&C Technologies during the 4th quarter worth approximately $26,000. EFG International AG purchased a new stake in SS&C Technologies in the fourth quarter worth $29,000. V Square Quantitative Management LLC bought a new stake in shares of SS&C Technologies during the fourth quarter worth $37,000. Osterweis Capital Management Inc. purchased a new stake in shares of SS&C Technologies during the second quarter valued at $40,000. Finally, Fifth Third Bancorp grew its holdings in shares of SS&C Technologies by 216.4% in the fourth quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after purchasing an additional 329 shares during the last quarter. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

SS&C Technologies Price Performance

Shares of NASDAQ:SSNC opened at $69.56 on Monday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.10 and a current ratio of 1.10. The firm has a fifty day moving average price of $66.63 and a 200 day moving average price of $72.18. SS&C Technologies has a fifty-two week low of $61.40 and a fifty-two week high of $91.07. The firm has a market cap of $16.75 billion, a price-to-earnings ratio of 21.54 and a beta of 1.11.

SS&C Technologies (NASDAQ:SSNCGet Free Report) last posted its 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 company 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%. SS&C Technologies’s quarterly revenue was up 8.8% on a year-over-year basis. During the same period last year, the company posted $1.44 earnings per share. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. As a group, sell-side analysts expect that SS&C Technologies will post 6.17 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

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

SS&C Technologies Company Profile

(Get Free Report)

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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Analyst Recommendations for SS&C Technologies (NASDAQ:SSNC)

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