SS&C Technologies (NASDAQ:SSNC) Announces Quarterly Earnings Results

Key Points

• SS&C Technologies reported quarterly earnings of $1.39 per share, falling short of the analysts' expectations of $1.48 per share.
• The company increased its quarterly dividend from $0.25 to $1.08, representing an annualized dividend of $4.32 and a yield of 5.3%.
• Institutional investors hold a significant 96.90% of SS&C Technologies' stock, indicating strong investor confidence and interest in the company.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) announced its quarterly earnings data on Thursday. The technology company reported $1.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.48 by ($0.09), Zacks reports. SS&C Technologies had a net margin of 13.34% and a return on equity of 18.92%. SS&C Technologies updated its Q4 2025 guidance to 1.560-1.620 EPS and its FY 2025 guidance to 6.020-6.080 EPS.

SS&C Technologies Trading Down 1.4%

Shares of SSNC traded down $1.17 on Thursday, reaching $80.88. 2,206,444 shares of the company's stock were exchanged, compared to its average volume of 1,331,643. The business has a 50 day moving average price of $87.04 and a two-hundred day moving average price of $82.70. SS&C Technologies has a 12 month low of $66.83 and a 12 month high of $91.07. The stock has a market capitalization of $19.75 billion, a P/E ratio of 25.35 and a beta of 1.23. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.97.

SS&C Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were paid a $1.08 dividend. This is a boost from SS&C Technologies's previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $4.32 annualized dividend and a dividend yield of 5.3%. SS&C Technologies's payout ratio is 33.86%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Osterweis Capital Management Inc. acquired a new stake in shares of SS&C Technologies during the second quarter worth $40,000. Lazard Asset Management LLC boosted its holdings in SS&C Technologies by 38.1% during the second quarter. Lazard Asset Management LLC now owns 2,354 shares of the technology company's stock worth $194,000 after buying an additional 650 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in SS&C Technologies by 6,069.0% during the first quarter. NewEdge Advisors LLC now owns 2,591 shares of the technology company's stock worth $216,000 after buying an additional 2,549 shares during the last quarter. Tower Research Capital LLC TRC grew its position in shares of SS&C Technologies by 951.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,798 shares of the technology company's stock worth $232,000 after buying an additional 2,532 shares during the period. Finally, Pitcairn Co. bought a new stake in shares of SS&C Technologies in the 2nd quarter valued at about $237,000. Institutional investors and hedge funds own 96.90% of the company's stock.

Analysts Set New Price Targets

SSNC has been the subject of several recent research reports. DA Davidson increased their price target 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 SS&C Technologies from $86.00 to $94.00 and gave the stock a "neutral" rating in a report on Thursday, July 24th. Raymond James Financial boosted their price target on SS&C Technologies from $95.00 to $101.00 and gave the company a "strong-buy" rating in a research note on Friday, October 17th. Wall Street Zen raised SS&C Technologies from a "hold" rating to a "buy" rating in a report on Sunday, October 12th. Finally, Needham & Company LLC boosted their target price on shares of SS&C Technologies from $90.00 to $100.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $98.13.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.