SS&C Technologies (NASDAQ:SSNC – Get Free Report) had its target price raised by analysts at Royal Bank Of Canada from $89.00 to $92.00 in a report released on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the technology company’s stock. Royal Bank Of Canada’s price objective points to a potential upside of 24.53% from the stock’s previous close.
A number of other research analysts also recently commented on the company. JPMorgan Chase & Co. lowered their target price on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating on the stock in a research note on Monday, July 20th. Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Morgan Stanley reduced their price target 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. Jefferies Financial Group lowered their price target on SS&C Technologies from $92.00 to $83.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Finally, Needham & Company LLC restated a “buy” rating and issued a $90.00 price objective on shares of SS&C Technologies in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, SS&C Technologies has a consensus rating of “Moderate Buy” and an average target price of $93.25.
View Our Latest Report on SSNC
SS&C Technologies Stock Up 10.4%
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last issued its earnings results on Thursday, July 23rd. The technology company reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.08. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.02%. The company had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same quarter last year, the business posted $1.45 EPS. The company’s revenue for the quarter 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. On average, equities analysts anticipate that SS&C Technologies will post 6.17 earnings per share for the current fiscal year.
Insider Activity
In other SS&C Technologies news, Director Michael Jay Zamkow sold 3,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was 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 $1,227,178.72. This trade represents a 14.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jonathan E. Michael sold 2,740 shares of the business’s stock in a transaction dated 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 sale, the director directly owned 79,384 shares of the company’s stock, valued at $5,307,614.24. This represents a 3.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 8,740 shares of company stock worth $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 added to or reduced their stakes in SSNC. Havemeyer Place LP acquired a new position in SS&C Technologies during the fourth quarter valued at approximately $26,000. EFG International AG acquired a new stake in shares of SS&C Technologies in the fourth quarter worth $29,000. V Square Quantitative Management LLC acquired a new stake in shares of SS&C Technologies in the fourth quarter worth $37,000. Osterweis Capital Management Inc. bought a new stake in shares of SS&C Technologies during the 2nd quarter worth $40,000. Finally, Fifth Third Bancorp boosted its holdings in shares of SS&C Technologies by 216.4% during the 4th quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after buying an additional 329 shares during the period. 96.90% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about SS&C Technologies
Here are the key news stories impacting SS&C Technologies this week:
- Positive Sentiment: SS&C beat Q2 expectations with earnings of $1.76 per share versus $1.68 expected, and revenue of $1.70 billion versus $1.66 billion expected, alongside 10.3% year-over-year revenue growth. SS&C Technologies Releases Record Q2 2026 Financial Results
- Positive Sentiment: The company raised guidance, projecting Q3 2026 EPS of $1.73-$1.79 and FY 2026 EPS of $6.93-$7.25, both above consensus, which supports expectations for continued earnings momentum. SS&C Technologies Holdings, Inc. 2026 Q2 – Results – Earnings Call Presentation
- Positive Sentiment: Royal Bank of Canada lifted its price target on SS&C from $89 to $92 and reiterated an “outperform” rating, signaling higher confidence in the stock’s upside. Benzinga
- Neutral Sentiment: Additional post-earnings coverage, including transcript and earnings snapshot articles, mostly reiterates the same message: SS&C’s quarter topped estimates and the company sounded constructive about its outlook. SS&C Technologies Holdings, Inc. (SSNC) Q2 2026 Earnings Call Transcript
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.
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