SS&C Technologies (NASDAQ:SSNC) Shares Down 6.9% - Here's What Happened

Key Points

• SS&C Technologies shares fell 6.9% to about $83.36 despite the company reporting third-quarter EPS of $1.78, slightly above estimates, and 7.7% year-over-year revenue growth to $1.69 billion.
• Management raised full-year 2026 EPS guidance to $7.11–$7.17 and expects a 41% EBITDA margin exit rate, but projected fourth-quarter and full-year revenue came in below or near analyst expectations, raising concerns about growth momentum.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and a $97.62 target price, though Zacks downgraded the stock to “strong sell.” SS&C also increased its quarterly dividend to $0.30 per share.

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Get Free Report) shares were down 6.9% during trading on Friday. The company traded as low as $83.66 and last traded at $83.3630. Approximately 221,242 shares traded hands during trading, a decline of 90% from the average daily volume of 2,116,419 shares. The stock had previously closed at $89.54.

More SS&C Technologies News

Here are the key news stories impacting SS&C Technologies this week:

• Positive Sentiment: SS&C earned $1.78 per share in the third quarter, ahead of the $1.77 consensus estimate and up from $1.57 a year earlier. Revenue increased 7.7% year over year to $1.69 billion, in line with expectations. SS&C Technologies third-quarter earnings report
• Positive Sentiment: Management raised full-year 2026 EPS guidance to $7.11-$7.17, above the $6.90 analyst consensus, and indicated a 41% EBITDA margin exit rate. SS&C 2026 outlook and EBITDA margin report
• Positive Sentiment: Jefferies raised its price target from $83 to $100 and assigned a “buy” rating, while DA Davidson increased its target from $96 to $104 and maintained a “buy” rating. SS&C analyst price target update
• Neutral Sentiment: Fourth-quarter EPS guidance of $1.88-$1.94 is above the $1.86 consensus, but projected revenue of approximately $1.7 billion is below the $1.8 billion analyst estimate. Full-year revenue guidance of $6.7-$6.8 billion is also roughly in line with, or slightly below, expectations.
• Negative Sentiment: Investors appear focused on the softer revenue outlook rather than the EPS beat and margin targets. Several reports characterized the stock’s reaction as a decline following guidance, suggesting concerns about growth momentum. SS&C Q3 results and guidance reaction
• Negative Sentiment: Zacks Research downgraded SS&C from “hold” to “strong sell,” adding pressure to sentiment despite the quarterly earnings beat. Zacks SS&C earnings report

Analyst Ratings Changes

SSNC has been the subject of a number of research analyst reports. DA Davidson increased their target price on shares of SS&C Technologies from $96.00 to $104.00 and gave the stock a "buy" rating in a research report on Thursday. UBS Group restated a "buy" rating and set a $101.00 price target on shares of SS&C Technologies in a report on Wednesday, September 9th. Weiss Ratings raised shares of SS&C Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, September 25th. JPMorgan Chase & Co. cut their price objective on SS&C Technologies from $94.00 to $87.00 and set a "neutral" rating for the company in a report on Monday, July 20th. Finally, Needham & Company LLC lifted their price objective on SS&C Technologies from $90.00 to $105.00 and gave the company a "buy" rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, SS&C Technologies currently has a consensus rating of "Moderate Buy" and a consensus target price of $97.62.

SS&C Technologies Stock Down 7.0%

The business has a fifty day moving average of $81.43 and a 200 day moving average of $73.64. The stock has a market cap of $19.54 billion, a price-to-earnings ratio of 23.87 and a beta of 1.09. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.06 and a quick ratio of 1.06.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last issued its quarterly earnings data on Thursday, October 22nd. The technology company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.77 by $0.01. The firm had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.69 billion. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The company's revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.57 earnings per share. On average, equities analysts predict that SS&C Technologies Holdings, Inc. will post 6.26 earnings per share for the current year.

SS&C Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.30 per share. The ex-dividend date was Tuesday, September 1st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.4%. This is an increase from SS&C Technologies's previous quarterly dividend of $0.27. SS&C Technologies's payout ratio is 34.48%.

Institutional Investors Weigh In On SS&C Technologies

Several institutional investors and hedge funds have recently modified their holdings of the business. Tectonic Advisors LLC boosted its holdings in SS&C Technologies by 16.7% in the third quarter. Tectonic Advisors LLC now owns 126,683 shares of the technology company's stock worth $9,763,000 after purchasing an additional 18,127 shares in the last quarter. Yousif Capital Management LLC raised its holdings in SS&C Technologies by 10.3% during the third quarter. Yousif Capital Management LLC now owns 4,976 shares of the technology company's stock valued at $384,000 after buying an additional 464 shares in the last quarter. MBL Wealth LLC bought a new position in SS&C Technologies during the third quarter valued at about $378,000. Root Financial Partners LLC acquired a new stake in SS&C Technologies in the 3rd quarter worth approximately $104,000. Finally, E. Ohman J or Asset Management AB lifted its stake in shares of SS&C Technologies by 33.9% in the third quarter. E. Ohman J or Asset Management AB now owns 7,116 shares of the technology company's stock worth $548,000 after buying an additional 1,800 shares during the last quarter. Institutional investors and hedge funds own 96.90% of the company's stock.

SS&C Technologies Company Profile

SS&C Technologies Holdings, Inc is a global provider of software and technology-enabled services for the financial services and healthcare industries. The company helps investment firms, banks, insurers, corporations and healthcare organizations manage operations, data, reporting and regulatory requirements through integrated technology platforms and outsourced services.

Its financial services offerings support areas including investment and fund accounting, portfolio and wealth management, trading and risk management, alternative investments, private markets, transfer agency, fund administration and investor communications.

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