SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• SS&C Technologies received a “Moderate Buy” consensus rating from nine analysts: five buys, one strong buy and three holds. The average 12-month price target is $91.25.
• The company reported quarterly EPS of $1.76, exceeding the $1.68 estimate, while revenue rose 10.3% year over year to $1.70 billion. Shares opened at $82.04, up 2.4%.
• Institutional investors own 96.9% of SS&C Technologies, with BlackRock and Pzena Investment Management among major recent buyers, while insiders sold 8,740 shares worth about $583,576 in the last quarter.

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the nine ratings firms that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $91.25.

SSNC has been the subject of a number of research analyst reports. Royal Bank Of Canada lifted their price target on SS&C Technologies from $89.00 to $92.00 and gave the company an "outperform" rating in a research report on Friday, July 24th. Needham & Company LLC restated a "buy" rating and issued a $90.00 price objective on shares of SS&C Technologies in a research report on Friday, July 24th. Jefferies Financial Group lowered their target price on shares of SS&C Technologies from $92.00 to $83.00 and set a "buy" rating on the stock in a research note on Monday, July 20th. JPMorgan Chase & Co. dropped their target price on shares of SS&C Technologies from $94.00 to $87.00 and set a "neutral" rating for the company in a research report on Monday, July 20th. Finally, Morgan Stanley cut their price target on shares of SS&C Technologies from $86.00 to $78.00 and set an "equal weight" rating for the company in a research note on Friday, April 24th.

Insider Buying and Selling at SS&C Technologies

In related news, Director Michael Jay Zamkow sold 3,000 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $66.68, for a total value of $200,040.00. Following the transaction, the director owned 18,404 shares of the company's stock, valued at $1,227,178.72. This represents a 14.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jonathan E. Michael sold 2,740 shares of the firm's stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total value of $183,196.40. Following the sale, the director owned 79,384 shares in the company, valued at $5,307,614.24. The trade was a 3.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 8,740 shares of company stock valued at $583,576 over the last quarter. 16.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On SS&C Technologies

A number of large investors have recently modified their holdings of the company. BlackRock Inc. purchased a new stake in SS&C Technologies in the second quarter worth approximately $1,043,987,000. Pzena Investment Management LLC purchased a new position in shares of SS&C Technologies during the second quarter worth approximately $684,819,000. Bank of Montreal Can lifted its holdings in shares of SS&C Technologies by 4,424.6% in the 4th quarter. Bank of Montreal Can now owns 5,126,190 shares of the technology company's stock worth $448,132,000 after acquiring an additional 5,012,893 shares during the last quarter. Norges Bank bought a new stake in shares of SS&C Technologies in the 4th quarter worth approximately $242,846,000. Finally, Lyrical Asset Management LP purchased a new stake in shares of SS&C Technologies in the 4th quarter valued at $220,573,000. 96.90% of the stock is owned by hedge funds and other institutional investors.

SS&C Technologies Trading Up 2.4%

SS&C Technologies stock opened at $82.04 on Friday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.06. SS&C Technologies has a fifty-two week low of $61.40 and a fifty-two week high of $91.07. The stock has a market cap of $19.25 billion, a P/E ratio of 23.57 and a beta of 1.07. The firm's fifty day moving average price is $70.25 and its 200-day moving average price is $70.81.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The technology company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.08. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%.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 company earned $1.45 earnings per share. The firm's quarterly revenue 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. Equities research analysts forecast that SS&C Technologies will post 6.28 earnings per share for the current fiscal year.

SS&C Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, June 1st. SS&C Technologies's payout ratio is currently 31.03%.

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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