Shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $99.75.
Several brokerages recently issued reports on SSNC. DA Davidson cut their target price on shares of SS&C Technologies from $106.00 to $96.00 and set a “buy” rating for the company in a research report on Friday. Wall Street Zen upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Needham & Company LLC cut their target price on shares of SS&C Technologies from $105.00 to $95.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Weiss Ratings lowered shares of SS&C Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, April 7th. Finally, Raymond James Financial restated a “strong-buy” rating on shares of SS&C Technologies in a research report on Wednesday, January 21st.
Read Our Latest Analysis on SS&C Technologies
SS&C Technologies Stock Up 1.1%
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last released its quarterly earnings data on Thursday, February 5th. The technology company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.07. The firm had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.62 billion. SS&C Technologies had a net margin of 12.70% and a return on equity of 19.60%. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.58 earnings per share. SS&C Technologies has set its Q1 2026 guidance at 1.620-1.680 EPS and its FY 2026 guidance at 6.700-7.020 EPS. Equities research analysts forecast that SS&C Technologies will post 5.35 earnings per share for the current year.
SS&C Technologies Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 1.5%. The ex-dividend date was Monday, March 2nd. SS&C Technologies’s payout ratio is 34.18%.
Institutional Trading of SS&C Technologies
Several large investors have recently added to or reduced their stakes in the business. Havemeyer Place LP bought a new position in shares of SS&C Technologies in the fourth quarter worth approximately $26,000. Caldwell Trust Co bought a new position in shares of SS&C Technologies in the second quarter worth approximately $27,000. EFG International AG bought a new position in shares of SS&C Technologies in the fourth quarter worth approximately $29,000. V Square Quantitative Management LLC bought a new position in shares of SS&C Technologies in the fourth quarter worth approximately $37,000. Finally, Quent Capital LLC bought a new position in shares of SS&C Technologies in the third quarter worth approximately $39,000. 96.90% of the stock is currently owned by 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.
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