Analysts Set SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Target Price at $96.13

Shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) have been given a consensus rating of “Moderate Buy” by the nine brokerages that are currently covering the company, MarketBeat Ratings reports. Three equities 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 twelve-month price target among analysts that have updated their coverage on the stock in the last year is $96.1250.

SSNC has been the subject of several recent research reports. Needham & Company LLC dropped their price target on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, April 24th. Jefferies Financial Group reduced their price objective on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating on the stock in a research report on Tuesday, April 21st. Weiss Ratings cut SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday. Morgan Stanley cut their target price on shares of SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. Finally, Raymond James Financial restated a “strong-buy” rating on shares of SS&C Technologies in a report on Wednesday, January 21st.

SS&C Technologies Price Performance

SS&C Technologies stock opened at $68.76 on Wednesday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.06. The firm’s 50-day simple moving average is $70.69 and its 200 day simple moving average is $78.93. SS&C Technologies has a 52 week low of $65.05 and a 52 week high of $91.07. The firm has a market capitalization of $16.56 billion, a PE ratio of 21.29 and a beta of 1.12.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.04. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the prior year, the firm earned $1.44 earnings per share. The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. On average, equities research analysts predict that SS&C Technologies will post 6.19 EPS for the current fiscal year.

SS&C Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, March 2nd. SS&C Technologies’s dividend payout ratio is currently 33.44%.

Hedge Funds Weigh In On SS&C Technologies

Several institutional investors have recently added to or reduced their stakes in SSNC. Bank of Montreal Can lifted its holdings in shares of SS&C Technologies by 4,424.6% during the 4th quarter. Bank of Montreal Can now owns 5,126,190 shares of the technology company’s stock worth $448,132,000 after acquiring an additional 5,012,893 shares during the period. Norges Bank purchased a new position in SS&C Technologies during the fourth quarter worth approximately $242,846,000. Lyrical Asset Management LP purchased a new position in SS&C Technologies during the fourth quarter worth approximately $220,573,000. Alliancebernstein L.P. boosted its holdings in shares of SS&C Technologies by 503.0% in the 3rd quarter. Alliancebernstein L.P. now owns 1,261,559 shares of the technology company’s stock valued at $111,976,000 after purchasing an additional 1,052,331 shares during the last quarter. Finally, Junto Capital Management LP purchased a new stake in shares of SS&C Technologies during the 3rd quarter valued at $89,281,000. 96.90% of the stock is currently owned by institutional investors and hedge funds.

SS&C Technologies Company Profile

SS&C Technologies is a global provider of software and services for the financial services industry, offering technology and outsourcing solutions that support investment managers, asset servicing firms, insurance companies, private equity and real estate managers, hedge funds, wealth managers and other financial institutions. The company’s offerings span front-, middle- and back-office functionality, enabling clients to automate trading, portfolio accounting, reconciliation, performance measurement, risk and compliance, and client reporting.

SS&C delivers its capabilities through a mix of licensed software, cloud-based SaaS platforms and managed services.