SS&C Technologies (NASDAQ:SSNC) Posts Earnings Results, Beats Expectations By $0.08 EPS

SS&C Technologies (NASDAQ:SSNC) issued its quarterly earnings data on Thursday. The technology company reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.08, FiscalAI reports. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The business had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.66 billion. SS&C Technologies updated its FY 2026 guidance to 6.930-7.250 EPS and its Q3 2026 guidance to 1.730-1.790 EPS.

SS&C Technologies Price Performance

Shares of NASDAQ SSNC traded down $0.07 during midday trading on Thursday, hitting $66.95. 2,100,929 shares of the company’s stock were exchanged, compared to its average volume of 2,355,867. SS&C Technologies has a 12-month low of $61.40 and a 12-month high of $91.07. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.06. The company has a market cap of $16.12 billion, a price-to-earnings ratio of 20.73 and a beta of 1.11. The business’s fifty day moving average price is $66.75 and its two-hundred day moving average price is $71.76.

SS&C Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given 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 was Monday, June 1st. SS&C Technologies’s dividend payout ratio (DPR) is 33.44%.

Insider Buying and Selling

In other SS&C Technologies news, Director Michael Jay Zamkow sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $66.68, for a total value of $200,040.00. Following the completion of the transaction, the director owned 18,404 shares of the company’s stock, valued at $1,227,178.72. The trade was a 14.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jonathan E. Michael sold 2,740 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total transaction of $183,196.40. Following the completion of the transaction, the director directly owned 79,384 shares in the company, valued at $5,307,614.24. The trade was a 3.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 8,740 shares of company stock worth $583,576 over the last ninety days. 16.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. AXA S.A. boosted its stake in SS&C Technologies by 1.4% in the second quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock worth $776,000 after buying an additional 130 shares in the last quarter. Laird Norton Wetherby Wealth Management LLC raised its stake in shares of SS&C Technologies by 2.5% during the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 6,503 shares of the technology company’s stock worth $577,000 after acquiring an additional 160 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in shares of SS&C Technologies by 16.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,334 shares of the technology company’s stock worth $117,000 after acquiring an additional 186 shares in the last quarter. Lido Advisors LLC lifted its holdings in shares of SS&C Technologies by 5.7% in the 4th quarter. Lido Advisors LLC now owns 3,475 shares of the technology company’s stock worth $308,000 after acquiring an additional 187 shares during the last quarter. Finally, Johnson Financial Group Inc. lifted its holdings in shares of SS&C Technologies by 26.9% in the 4th quarter. Johnson Financial Group Inc. now owns 888 shares of the technology company’s stock worth $78,000 after acquiring an additional 188 shares during the last quarter. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SSNC has been the topic of several analyst reports. DA Davidson reiterated a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a research report on Wednesday, July 15th. Needham & Company LLC cut their price objective on shares of 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. JPMorgan Chase & Co. reduced their price objective on shares of SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating for the company in a research note on Monday. UBS Group upped their target price on shares of SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Finally, Wall Street Zen upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, SS&C Technologies has a consensus rating of “Moderate Buy” and an average price target of $94.12.

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.