SS&C Technologies (SSNC) Projected to Post Earnings on Wednesday

SS&C Technologies (NASDAQ:SSNC - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, July 23rd. Analysts expect the company to announce earnings of $1.39 per share and revenue of $1.52 billion for the quarter. SS&C Technologies has set its FY 2025 guidance at 5.680-6.000 EPS and its Q2 2025 guidance at 1.350-1.410 EPS.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The technology company reported $1.44 EPS for the quarter, beating the consensus estimate of $1.41 by $0.03. The company had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.50 billion. SS&C Technologies had a return on equity of 18.68% and a net margin of 13.69%. The firm's revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.28 EPS. On average, analysts expect SS&C Technologies to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

SS&C Technologies Trading Up 1.1%

SSNC traded up $0.86 on Wednesday, reaching $82.71. 925,939 shares of the company's stock were exchanged, compared to its average volume of 1,328,652. SS&C Technologies has a twelve month low of $66.46 and a twelve month high of $89.73. The company's 50 day moving average is $80.75 and its 200-day moving average is $80.63. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.11 and a current ratio of 1.11. The company has a market cap of $20.40 billion, a price-to-earnings ratio of 25.69 and a beta of 1.23.

SS&C Technologies Announces Dividend

The firm also recently declared 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 of this dividend was Monday, June 2nd. This represents a $1.00 dividend on an annualized basis and a yield of 1.21%. SS&C Technologies's dividend payout ratio (DPR) is 31.06%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on SSNC. DA Davidson lifted their price target on shares of SS&C Technologies from $94.00 to $98.00 and gave the company a "buy" rating in a research report on Monday. Wall Street Zen raised shares of SS&C Technologies from a "buy" rating to a "strong-buy" rating in a research report on Friday, May 16th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $86.00 price target (down from $90.00) on shares of SS&C Technologies in a research report on Friday, April 25th. Raymond James Financial reduced their price target on shares of SS&C Technologies from $95.00 to $90.00 and set a "strong-buy" rating on the stock in a research report on Friday, April 25th. Finally, Needham & Company LLC reduced their price target on shares of SS&C Technologies from $105.00 to $90.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. One research analyst has rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, SS&C Technologies currently has a consensus rating of "Buy" and an average price target of $92.43.

Insiders Place Their Bets

In related news, Director Jonathan E. Michael acquired 2,700 shares of SS&C Technologies stock in a transaction on Thursday, May 1st. The shares were purchased at an average cost of $75.53 per share, for a total transaction of $203,931.00. Following the purchase, the director directly 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 can be accessed through this hyperlink. Also, Director Michael Jay Zamkow sold 12,500 shares of the firm's stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $79.92, for a total transaction of $999,000.00. Following the transaction, the director directly owned 12,476 shares of the company's stock, valued at approximately $997,081.92. This represents a 50.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 16.40% of the company's stock.

Institutional Investors Weigh In On SS&C Technologies

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Focus Partners Wealth increased its position in shares of SS&C Technologies by 35.1% in the 1st quarter. Focus Partners Wealth now owns 9,362 shares of the technology company's stock worth $782,000 after purchasing an additional 2,431 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of SS&C Technologies by 16.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 690,340 shares of the technology company's stock worth $57,664,000 after purchasing an additional 97,247 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of SS&C Technologies by 6,069.0% in the 1st quarter. NewEdge Advisors LLC now owns 2,591 shares of the technology company's stock worth $216,000 after purchasing an additional 2,549 shares during the last quarter. Finally, Millennium Management LLC increased its position in shares of SS&C Technologies by 349.1% in the 1st quarter. Millennium Management LLC now owns 176,630 shares of the technology company's stock worth $14,754,000 after purchasing an additional 137,301 shares during the last quarter. Institutional investors 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.