SS&C Technologies (NASDAQ:SSNC) Sets New 1-Year Low – Here’s Why

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) shares hit a new 52-week low during trading on Monday . The stock traded as low as $69.39 and last traded at $69.7880, with a volume of 56787 shares traded. The stock had previously closed at $71.38.

Analysts Set New Price Targets

Several equities research analysts recently commented on SSNC shares. Weiss Ratings restated a “buy (b)” rating on shares of SS&C Technologies in a research report on Thursday, January 22nd. Raymond James Financial restated a “strong-buy” rating on shares of SS&C Technologies in a report on Wednesday, January 21st. Jefferies Financial Group lifted their price target on SS&C Technologies from $98.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, October 28th. Needham & Company LLC reduced their price objective 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. Finally, DA Davidson reaffirmed a “buy” rating and set a $106.00 target price on shares of SS&C Technologies in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $101.00.

SS&C Technologies Stock Performance

The firm has a 50-day simple moving average of $82.89 and a two-hundred day simple moving average of $85.02. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $17.06 billion, a price-to-earnings ratio of 22.11 and a beta of 1.17.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings results on Thursday, February 5th. The technology company reported $1.69 EPS for the quarter, beating the consensus estimate of $1.62 by $0.07. The business had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.62 billion. SS&C Technologies had a return on equity of 19.60% and a net margin of 12.70%.The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous 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. As a group, sell-side analysts forecast that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, March 2nd. SS&C Technologies’s payout ratio is presently 34.18%.

Insider Buying and Selling at SS&C Technologies

In other news, Director Normand A. Boulanger sold 150,000 shares of the company’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $85.85, for a total transaction of $12,877,500.00. Following the completion of the sale, the director owned 386,924 shares in the company, valued at approximately $33,217,425.40. This represents a 27.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 16.40% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On SS&C Technologies

Institutional investors have recently modified their holdings of the company. National Pension Service lifted its position in shares of SS&C Technologies by 27.2% during the third quarter. National Pension Service now owns 186,824 shares of the technology company’s stock worth $16,582,000 after purchasing an additional 39,984 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in SS&C Technologies by 3.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 767,765 shares of the technology company’s stock worth $68,147,000 after buying an additional 22,547 shares in the last quarter. Cibc World Market Inc. bought a new position in SS&C Technologies in the 3rd quarter valued at $1,414,000. Davis Capital Management acquired a new stake in shares of SS&C Technologies in the 3rd quarter valued at $1,064,000. Finally, DNB Asset Management AS increased its stake in shares of SS&C Technologies by 7.3% in the 2nd quarter. DNB Asset Management AS now owns 48,102 shares of the technology company’s stock valued at $3,983,000 after buying an additional 3,269 shares during the period. Institutional investors own 96.90% of the company’s stock.

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.