SS&C Technologies (NASDAQ:SSNC) Price Target Raised to $104.00

SS&C Technologies (NASDAQ:SSNC) had its price objective increased by DA Davidson from $96.00 to $104.00 in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has a buy rating on the technology company’s stock.

Several other equities research analysts have also commented on SSNC. Weiss Ratings upgraded shares of SS&C Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, September 25th. JPMorgan Chase & Co. cut their price target on shares of SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating for the company in a report on Monday, July 20th. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 price target on shares of SS&C Technologies in a report on Friday, July 24th. BWS Financial reiterated a “buy” rating on shares of SS&C Technologies in a research note on Wednesday, September 9th. Finally, Royal Bank Of Canada boosted their price objective 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 investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $96.57.

SS&C Technologies Stock Down 7.3%

SS&C Technologies stock opened at $82.96 on Thursday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.06 and a quick ratio of 1.06. SS&C Technologies has a 1-year low of $61.40 and a 1-year high of $89.93. The company has a market cap of $19.47 billion, a PE ratio of 23.84 and a beta of 1.09. The stock’s 50 day moving average price is $81.46 and its 200 day moving average price is $73.70.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings data on Thursday, October 22nd. The technology company reported $1.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.77 by $0.01. The firm had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.69 billion. SS&C Technologies had a return on equity of 21.74% and a net margin of 12.76%. SS&C Technologies’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.57 earnings per share. On average, sell-side analysts predict that SS&C Technologies will post 6.26 EPS for the current fiscal year.

SS&C Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This is an increase from SS&C Technologies’s previous quarterly dividend of $0.27. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.4%. SS&C Technologies’s dividend payout ratio is 34.48%.

Institutional Trading of SS&C Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SSNC. BlackRock Inc. purchased a new position in SS&C Technologies in the 2nd quarter valued at about $1,043,987,000. Pzena Investment Management LLC purchased a new stake in shares of SS&C Technologies during the second quarter worth about $684,819,000. Swedbank AB grew its holdings in shares of SS&C Technologies by 15.0% during the first quarter. Swedbank AB now owns 4,307,795 shares of the technology company’s stock worth $291,078,000 after buying an additional 563,196 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of 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 buying an additional 60,089 shares during the last quarter. Finally, Jupiter Topco LLC acquired a new position in shares of SS&C Technologies in the second quarter valued at approximately $178,337,000. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Trending Headlines about SS&C Technologies

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, slightly above the $1.77 consensus estimate, while revenue rose 7.7% year over year to $1.69 billion, in line with expectations. Earnings also increased from $1.57 per share in the prior-year quarter. SS&C Technologies Reports Third-Quarter Results
• Positive Sentiment: Full-year 2026 EPS guidance of $7.11-$7.17 is above the $6.90 analyst consensus, and fourth-quarter EPS guidance of $1.88-$1.94 also exceeds expectations. Management continues to emphasize AI, automation, margin expansion and potential mergers and acquisitions. SS&C 2026 Revenue Outlook and EBITDA Margin Target
• Positive Sentiment: Jefferies raised its price target to $100 from $83 and maintained a Buy rating. DA Davidson likewise lifted its target to $104 from $96, providing bullish analyst support. Jefferies Price Target
• Neutral Sentiment: The quarterly revenue result was solid but failed to provide an upside surprise, and reports highlighted moderating growth despite a fifth consecutive earnings beat. SS&C Q3 Earnings Results
• Negative Sentiment: Fourth-quarter revenue guidance of approximately $1.7 billion is below the $1.8 billion consensus estimate. Full-year revenue guidance of $6.7-$6.8 billion is also at or below expectations, raising concerns that sales growth is slowing. Why SS&C Shares Are Under Pressure
• Negative Sentiment: The mismatch between better-than-expected EPS and weaker revenue guidance is the primary reason investors are selling SSNC. A recent Zacks downgrade to Strong Sell adds further negative sentiment. SS&C Q3 Earnings Beat

About SS&C Technologies

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.