Shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Get Free Report) have received a consensus rating of “Moderate Buy” from the nine analysts that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $101.75.
SSNC has been the subject of several research reports. JPMorgan Chase & Co. lifted their price target on SS&C Technologies from $86.00 to $94.00 and gave the stock a “neutral” rating in a research note on Thursday, July 24th. Needham & Company LLC raised their target price on shares of SS&C Technologies from $100.00 to $105.00 and gave the company a “buy” rating in a report on Friday, October 24th. Raymond James Financial lifted their target price on shares of SS&C Technologies from $101.00 to $105.00 and gave the stock a “strong-buy” rating in a research report on Friday, October 24th. DA Davidson set a $102.00 price target on shares of SS&C Technologies in a research report on Friday, October 24th. Finally, Morgan Stanley lifted their price objective on SS&C Technologies from $88.00 to $92.00 and gave the stock an “equal weight” rating in a research report on Friday, October 24th.
View Our Latest Analysis on SS&C Technologies
SS&C Technologies Stock Up 0.2%
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The technology company reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.10. The business had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.55 billion. SS&C Technologies had a return on equity of 19.92% and a net margin of 13.86%.The company’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.29 EPS. SS&C Technologies has set its Q4 2025 guidance at 1.560-1.620 EPS. FY 2025 guidance at 6.020-6.080 EPS. Equities research analysts anticipate that SS&C Technologies will post 5.35 EPS for the current fiscal year.
Institutional Trading of SS&C Technologies
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Cerity Partners LLC raised its stake in SS&C Technologies by 13.8% in the 1st quarter. Cerity Partners LLC now owns 86,876 shares of the technology company’s stock valued at $7,257,000 after purchasing an additional 10,512 shares during the last quarter. Xponance Inc. raised its position in shares of SS&C Technologies by 4.8% in the first quarter. Xponance Inc. now owns 24,925 shares of the technology company’s stock valued at $2,082,000 after buying an additional 1,138 shares during the last quarter. Arizona State Retirement System lifted its stake in shares of SS&C Technologies by 0.5% during the first quarter. Arizona State Retirement System now owns 64,442 shares of the technology company’s stock valued at $5,383,000 after buying an additional 303 shares during the period. Mutual of America Capital Management LLC acquired a new stake in SS&C Technologies during the first quarter worth approximately $346,000. Finally, CWM LLC grew its stake in SS&C Technologies by 67.3% in the 1st quarter. CWM LLC now owns 42,257 shares of the technology company’s stock worth $3,530,000 after acquiring an additional 17,001 shares during the period. 96.90% of the stock is currently owned by hedge funds and other institutional investors.
SS&C Technologies Company Profile
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.
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