SS&C Technologies (NASDAQ:SSNC – Get Free Report) had its price objective increased by research analysts at Jefferies Financial Group from $83.00 to $100.00 in a report issued on Wednesday, Benzinga reports. The brokerage currently has a “buy” rating on the technology company’s stock. Jefferies Financial Group‘s target price would suggest a potential upside of 11.68% from the company’s current price.
A number of other brokerages have also recently issued reports on SSNC. Zacks Research cut SS&C Technologies from a “hold” rating to a “strong sell” rating in a report on Tuesday. UBS Group reissued a “buy” rating and issued a $101.00 target price on shares of SS&C Technologies in a report on Wednesday, September 9th. Weiss Ratings raised shares of SS&C Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, September 25th. JPMorgan Chase & Co. cut their price objective on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating on the stock in a report on Monday, July 20th. Finally, Royal Bank Of Canada boosted their target price on shares of SS&C Technologies from $92.00 to $101.00 and gave the stock an “outperform” rating in a report on Monday, August 31st. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $97.62.
Get Our Latest Stock Report on SS&C Technologies
SS&C Technologies Stock Up 2.8%
SS&C Technologies stock opened at $89.54 on Wednesday. The company has a fifty day simple moving average of $81.43 and a 200 day simple moving average of $73.64. SS&C Technologies has a 1-year low of $61.40 and a 1-year high of $89.93. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. The company has a market cap of $21.01 billion, a P/E ratio of 25.73 and a beta of 1.09.
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last posted its quarterly earnings results on Thursday, October 22nd. The technology company reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.77 by $0.01. The firm had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.69 billion. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%. The business’s revenue was up 7.7% compared to the same quarter last year. During the same period last year, the company earned $1.57 earnings per share. Research analysts anticipate that SS&C Technologies will post 6.26 earnings per share for the current fiscal year.
Institutional Trading of SS&C Technologies
Large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in shares of SS&C Technologies in the 2nd quarter worth approximately $1,043,987,000. Pzena Investment Management LLC purchased a new position in shares of SS&C Technologies during the 2nd quarter valued at $684,819,000. Swedbank AB increased its stake in SS&C Technologies by 15.0% in the 1st quarter. Swedbank AB now owns 4,307,795 shares of the technology company’s stock worth $291,078,000 after acquiring an additional 563,196 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in SS&C Technologies by 2.0% in the first quarter. Dimensional Fund Advisors LP now owns 3,115,616 shares of the technology company’s stock valued at $210,508,000 after purchasing an additional 60,089 shares in the last quarter. Finally, Jupiter Topco LLC purchased a new position in SS&C Technologies in the second quarter worth $178,337,000. Hedge funds and other institutional investors own 96.90% of the company’s stock.
More SS&C Technologies News
Here are the key news stories impacting SS&C Technologies this week:
- Positive Sentiment: SS&C reported third-quarter adjusted earnings of $1.78 per share, above the $1.77 consensus estimate and up from $1.57 a year earlier. Revenue reached approximately $1.69 billion, matching expectations and increasing 7.7% year over year. The results marked the company’s fifth consecutive earnings beat. SS&C Technologies Q3 Earnings Top Estimates
- Positive Sentiment: Management signaled a 2026 revenue outlook of approximately $6.736 billion to $6.776 billion and is targeting a 41% adjusted EBITDA margin exit rate, highlighting continued margin-expansion potential. SS&C 2026 Revenue Outlook and EBITDA Margin Target
- Positive Sentiment: DA Davidson raised its price target on SSNC from $96 to $104 and maintained a Buy rating, implying additional upside based on the stock’s quoted price. DA Davidson Raises SS&C Price Target
SS&C Technologies Company Profile
SS&C Technologies Holdings, Inc is a global provider of software and technology-enabled services for the financial services and healthcare industries. The company helps investment firms, banks, insurers, corporations and healthcare organizations manage operations, data, reporting and regulatory requirements through integrated technology platforms and outsourced services.
Its financial services offerings support areas including investment and fund accounting, portfolio and wealth management, trading and risk management, alternative investments, private markets, transfer agency, fund administration and investor communications.
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