SS&C Technologies (NASDAQ:SSNC) Updates FY 2025 Earnings Guidance

SS&C Technologies (NASDAQ:SSNC - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 5.820-6.060 for the period, compared to the consensus estimate of 5.858. The company issued revenue guidance of $6.1 billion-$6.2 billion, compared to the consensus revenue estimate of $6.2 billion. SS&C Technologies also updated its Q3 2025 guidance to 1.440-1.500 EPS.

SS&C Technologies Price Performance

Shares of NASDAQ SSNC traded down $0.67 during midday trading on Friday, reaching $85.18. The company's stock had a trading volume of 1,580,516 shares, compared to its average volume of 1,401,527. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.11 and a current ratio of 1.11. SS&C Technologies has a fifty-two week low of $66.83 and a fifty-two week high of $89.73. The business's 50 day moving average price is $81.46 and its two-hundred day moving average price is $80.98. The company has a market cap of $21.01 billion, a P/E ratio of 26.70 and a beta of 1.23.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The technology company reported $1.45 EPS for the quarter, beating the consensus estimate of $1.39 by $0.06. SS&C Technologies had a net margin of 13.34% and a return on equity of 19.08%. The business had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the business earned $1.27 earnings per share. The company's revenue was up 5.9% on a year-over-year basis. On average, analysts forecast that SS&C Technologies will post 5.35 EPS for the current fiscal year.

SS&C Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 2nd were given a dividend of $0.25 per share. The ex-dividend date was Monday, June 2nd. This represents a $1.00 annualized dividend and a yield of 1.17%. SS&C Technologies's dividend payout ratio is currently 31.35%.

Analyst Ratings Changes

Several brokerages have recently issued reports on SSNC. Needham & Company LLC upped their price target on shares of SS&C Technologies from $90.00 to $100.00 and gave the stock a "buy" rating in a report on Thursday. DA Davidson upped their price target on shares of SS&C Technologies from $98.00 to $102.00 and gave the stock a "buy" rating in a report on Friday. JPMorgan Chase & Co. upped their price target on shares of SS&C Technologies from $86.00 to $94.00 and gave the stock a "neutral" rating in a report on Thursday. Morgan Stanley upped their price target on shares of SS&C Technologies from $75.00 to $88.00 and gave the stock an "equal weight" rating in a report on Thursday. Finally, Wall Street Zen upgraded shares of SS&C Technologies from a "buy" rating to a "strong-buy" rating in a report on Friday, May 16th. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, SS&C Technologies currently has a consensus rating of "Buy" and a consensus price target of $97.13.

Insiders Place Their Bets

In other news, Director Jonathan E. Michael purchased 2,700 shares of the business's stock in a transaction on Thursday, May 1st. The shares were acquired at an average price of $75.53 per share, with a total value of $203,931.00. Following the completion of the transaction, the director owned 72,776 shares of the company's stock, valued at $5,496,771.28. The trade was a 3.85% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael Jay Zamkow sold 12,500 shares of the company's stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $79.92, for a total transaction of $999,000.00. Following the sale, the director directly owned 12,476 shares in the company, valued at $997,081.92. This trade represents a 50.05% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 16.40% of the company's stock.

Hedge Funds Weigh In On SS&C Technologies

Several institutional investors have recently made changes to their positions in the stock. Focus Partners Wealth raised its holdings in shares of SS&C Technologies by 35.1% during the first quarter. Focus Partners Wealth now owns 9,362 shares of the technology company's stock valued at $782,000 after purchasing an additional 2,431 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of SS&C Technologies by 16.4% during the first quarter. Goldman Sachs Group Inc. now owns 690,340 shares of the technology company's stock valued at $57,664,000 after purchasing an additional 97,247 shares during the period. NewEdge Advisors LLC raised its holdings in shares of 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 valued at $216,000 after purchasing an additional 2,549 shares during the period. Finally, Millennium Management LLC raised its holdings in shares of SS&C Technologies by 349.1% during the first quarter. Millennium Management LLC now owns 176,630 shares of the technology company's stock valued at $14,754,000 after purchasing an additional 137,301 shares during the period. Institutional investors and hedge funds own 96.95% of the company's stock.

About SS&C Technologies

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.