SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) have been assigned an average recommendation of “Moderate Buy” from the nine analysts that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $101.00.

SSNC has been the subject of several recent analyst reports. Needham & Company LLC decreased their target price on SS&C Technologies from $105.00 to $95.00 and set a “buy” rating for the company in a research note on Friday, February 6th. DA Davidson restated a “buy” rating and set a $106.00 price target on shares of SS&C Technologies in a report on Friday, February 6th. Wall Street Zen downgraded shares of SS&C Technologies from a “buy” rating to a “hold” rating in a research report on Saturday. Raymond James Financial reiterated a “strong-buy” rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of SS&C Technologies in a research report on Thursday, January 22nd.

Hedge Funds Weigh In On SS&C Technologies

Institutional investors and hedge funds have recently made changes to their positions in the stock. Millennium Management LLC raised its stake in SS&C Technologies by 349.1% during the 1st quarter. Millennium Management LLC now owns 176,630 shares of the technology company’s stock worth $14,754,000 after buying an additional 137,301 shares during the period. NewEdge Advisors LLC boosted its holdings in SS&C Technologies by 6,069.0% in the first quarter. NewEdge Advisors LLC now owns 2,591 shares of the technology company’s stock worth $216,000 after acquiring an additional 2,549 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in SS&C Technologies by 16.4% in the first quarter. Goldman Sachs Group Inc. now owns 690,340 shares of the technology company’s stock valued at $57,664,000 after acquiring an additional 97,247 shares during the period. Focus Partners Wealth raised its position 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 worth $782,000 after purchasing an additional 2,431 shares during the period. Finally, Allworth Financial LP raised its position in shares of SS&C Technologies by 7.2% during the second quarter. Allworth Financial LP now owns 2,162 shares of the technology company’s stock worth $179,000 after purchasing an additional 146 shares during the period. Institutional investors own 96.90% of the company’s stock.

SS&C Technologies Price Performance

Shares of NASDAQ SSNC opened at $71.59 on Tuesday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.07. The company has a market capitalization of $17.29 billion, a PE ratio of 22.66 and a beta of 1.18. The firm has a fifty day simple moving average of $78.26 and a 200 day simple moving average of $83.40. SS&C Technologies has a twelve month low of $69.00 and a twelve month high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings results on Thursday, February 5th. The technology company reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.62 by $0.07. The firm had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.62 billion. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The business’s revenue was up 8.1% compared to the same quarter last year. During the same period last year, the business posted $1.58 EPS. SS&C Technologies has set its Q1 2026 guidance at 1.620-1.680 EPS and its FY 2026 guidance at 6.700-7.020 EPS. On average, sell-side analysts forecast that SS&C Technologies will post 5.35 EPS for the current year.

SS&C Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Monday, March 2nd. SS&C Technologies’s payout ratio is 34.18%.

About SS&C Technologies

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.