Jefferies Financial Group Lowers SS&C Technologies (NASDAQ:SSNC) Price Target to $92.00

SS&C Technologies (NASDAQ:SSNC) had its target price dropped by analysts at Jefferies Financial Group from $105.00 to $92.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the technology company’s stock. Jefferies Financial Group’s price objective points to a potential upside of 28.38% from the company’s previous close.

A number of other brokerages also recently issued reports on SSNC. DA Davidson cut their price objective on shares of SS&C Technologies from $106.00 to $96.00 and set a “buy” rating on the stock in a research report on Friday. Weiss Ratings lowered shares of SS&C Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, April 7th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of SS&C Technologies in a report on Wednesday, January 21st. Needham & Company LLC cut their price target on shares of SS&C Technologies from $105.00 to $95.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Finally, Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, SS&C Technologies has an average rating of “Moderate Buy” and a consensus price target of $98.13.

SS&C Technologies Stock Up 0.5%

SS&C Technologies stock traded up $0.36 during mid-day trading on Tuesday, reaching $71.66. 499,970 shares of the company were exchanged, compared to its average volume of 2,396,148. SS&C Technologies has a 12-month low of $65.05 and a 12-month high of $91.07. The business has a fifty day moving average of $71.20 and a 200 day moving average of $80.03. The firm has a market cap of $17.25 billion, a P/E ratio of 22.69 and a beta of 1.19. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.07 and a current ratio of 1.07.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings data on Thursday, February 5th. The technology company reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.62 by $0.07. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The firm had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.62 billion. During the same period in the prior year, the business posted $1.58 EPS. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. 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. Research analysts anticipate that SS&C Technologies will post 6.2 earnings per share for the current fiscal year.

Institutional Trading of SS&C Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the business. Argent Trust Co lifted its stake in SS&C Technologies by 0.8% during the 3rd quarter. Argent Trust Co now owns 15,914 shares of the technology company’s stock valued at $1,413,000 after acquiring an additional 126 shares during the period. J.Safra Asset Management Corp lifted its position in SS&C Technologies by 3.6% during the third quarter. J.Safra Asset Management Corp now owns 3,750 shares of the technology company’s stock valued at $333,000 after purchasing an additional 130 shares during the period. AXA S.A. lifted its position in SS&C Technologies by 1.4% during the second quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock valued at $776,000 after purchasing an additional 130 shares during the period. Private Trust Co. NA lifted its position in SS&C Technologies by 36.0% during the fourth quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock valued at $44,000 after purchasing an additional 133 shares during the period. Finally, Dynamic Advisor Solutions LLC lifted its position in SS&C Technologies by 2.0% during the third quarter. Dynamic Advisor Solutions LLC now owns 7,248 shares of the technology company’s stock valued at $643,000 after purchasing an additional 141 shares during the period. 96.90% of the stock is currently owned by institutional investors and hedge funds.

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.