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

Key Points

• SS&C Technologies Holdings, Inc. has received a consensus recommendation of “Moderate Buy” from analysts, with two holding, five buying, and one strongly buying the stock.
• The company reported a profit of $1.45 EPS for the last quarter, surpassing analyst expectations, and recorded revenue of $1.54 billion, reflecting a 5.9% increase compared to the same quarter last year.
• SS&C Technologies has recently increased its quarterly dividend from $0.25 to $1.08 per share, resulting in an annualized dividend yield of 4.8%.

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the eight analysts that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $97.3750.

A number of equities analysts have recently commented on SSNC shares. UBS Group raised their price objective on shares of SS&C Technologies from $108.00 to $110.00 and gave the stock a "buy" rating in a report on Friday, August 22nd. DA Davidson increased their target price on shares of SS&C Technologies from $98.00 to $102.00 and gave the stock a "buy" rating in a research report on Friday, July 25th. JPMorgan Chase & Co. increased their target price 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. Wall Street Zen upgraded shares of SS&C Technologies from a "hold" rating to a "buy" rating in a research report on Saturday, September 13th. Finally, Needham & Company LLC increased their target price 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.

SS&C Technologies Price Performance

NASDAQ:SSNC opened at $89.64 on Tuesday. The company has a 50-day moving average of $87.00 and a 200-day moving average of $82.24. The company has a market capitalization of $21.89 billion, a price-to-earnings ratio of 28.10 and a beta of 1.24. SS&C Technologies has a 52 week low of $66.83 and a 52 week high of $91.07. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.14 and a current ratio of 1.14.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The technology company reported $1.45 EPS for the quarter, topping analysts' consensus estimates 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% compared to the same quarter last year. During the same period last year, the firm earned $1.27 EPS. SS&C Technologies has set its FY 2025 guidance at 5.820-6.060 EPS. Q3 2025 guidance at 1.440-1.500 EPS. As a group, equities research analysts anticipate that SS&C Technologies will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were given a dividend of $1.08 per share. This is an increase from SS&C Technologies's previous quarterly dividend of $0.25. The ex-dividend date was Tuesday, September 2nd. This represents a $4.32 dividend on an annualized basis and a dividend yield of 4.8%. SS&C Technologies's dividend payout ratio is 33.86%.

Institutional Investors Weigh In On SS&C Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Caldwell Trust Co acquired a new stake in SS&C Technologies in the 2nd quarter valued at about $27,000. Osaic Holdings Inc. increased its position in SS&C Technologies by 59.9% in the 2nd quarter. Osaic Holdings Inc. now owns 9,377 shares of the technology company's stock valued at $779,000 after acquiring an additional 3,514 shares in the last quarter. Coppell Advisory Solutions LLC increased its position in SS&C Technologies by 65.3% in the 2nd quarter. Coppell Advisory Solutions LLC now owns 27,340 shares of the technology company's stock valued at $2,238,000 after acquiring an additional 10,798 shares in the last quarter. Pitcairn Co. acquired a new stake in SS&C Technologies in the 2nd quarter valued at about $237,000. Finally, Public Sector Pension Investment Board increased its position in SS&C Technologies by 0.7% in the 2nd quarter. Public Sector Pension Investment Board now owns 113,808 shares of the technology company's stock valued at $9,423,000 after acquiring an additional 750 shares in the last quarter. Institutional investors and hedge funds own 96.95% of the company's stock.

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.

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