Analysts Set SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) PT at $97.38

Key Points

• SS&C Technologies Holdings, Inc. has received a consensus recommendation of “Moderate Buy” from eight ratings firms, with an average twelve-month price target of $97.3750.
• The company reported a quarterly earnings per share of $1.45, exceeding the consensus estimate of $1.39, and had a revenue of $1.54 billion.
• SS&C Technologies recently increased its quarterly dividend to $1.08 per share, reflecting a significant boost from the previous $0.25 and resulting in a dividend yield of 4.9%.

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Get Free Report) has earned an average recommendation of "Moderate Buy" from the eight brokerages that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $97.3750.

SSNC has been the subject of several recent research reports. Wall Street Zen downgraded shares of SS&C Technologies from a "buy" rating to a "hold" rating in a research report on Friday, August 22nd. Raymond James Financial upped their price objective on shares of SS&C Technologies from $90.00 to $95.00 and gave the stock a "strong-buy" rating in a research report on Thursday, July 24th. JPMorgan Chase & Co. upped their price objective on shares of SS&C Technologies from $86.00 to $94.00 and gave the stock a "neutral" rating in a research report on Thursday, July 24th. Needham & Company LLC upped their price objective on shares of SS&C Technologies from $90.00 to $100.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Finally, Morgan Stanley upped their price objective on shares of SS&C Technologies from $75.00 to $88.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 24th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Atwood & Palmer Inc. lifted its stake in SS&C Technologies by 125.8% in the first quarter. Atwood & Palmer Inc. now owns 298 shares of the technology company's stock valued at $25,000 after purchasing an additional 166 shares during the last quarter. Larson Financial Group LLC lifted its stake in SS&C Technologies by 634.8% in the first quarter. Larson Financial Group LLC now owns 338 shares of the technology company's stock valued at $28,000 after purchasing an additional 292 shares during the last quarter. Whittier Trust Co. purchased a new position in SS&C Technologies in the first quarter valued at approximately $29,000. N.E.W. Advisory Services LLC purchased a new position in SS&C Technologies in the first quarter valued at approximately $29,000. Finally, Elequin Capital LP purchased a new position in SS&C Technologies in the first quarter valued at approximately $30,000. 96.95% of the stock is owned by institutional investors.

SS&C Technologies Stock Up 0.3%

Shares of NASDAQ:SSNC traded up $0.29 during midday trading on Friday, hitting $88.66. 1,020,173 shares of the company's stock were exchanged, compared to its average volume of 1,175,399. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a 50 day moving average price of $85.04 and a 200-day moving average price of $82.20. The company has a market cap of $21.65 billion, a PE ratio of 27.79 and a beta of 1.25. SS&C Technologies has a 12 month low of $66.83 and a 12 month high of $91.07.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The technology company reported $1.45 EPS for the quarter, topping the consensus estimate of $1.39 by $0.06. The company had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.52 billion. SS&C Technologies had a net margin of 13.34% and a return on equity of 18.92%. The firm's revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.27 earnings per share. SS&C Technologies has set its FY 2025 guidance at 5.820-6.060 EPS. Q3 2025 guidance at 1.440-1.500 EPS. On average, sell-side analysts anticipate that SS&C Technologies will post 5.35 EPS for the current fiscal year.

SS&C Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Tuesday, September 2nd will be given a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend is Tuesday, September 2nd. This is a positive change from SS&C Technologies's previous quarterly dividend of $0.25. SS&C Technologies's payout ratio is currently 33.86%.

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.