SS&C Technologies (NASDAQ:SSNC – Free Report) had its price target reduced by Jefferies Financial Group from $105.00 to $92.00 in a report published on Tuesday,Benzinga reports. They currently have a buy rating on the technology company’s stock.
A number of other research firms also recently weighed in on SSNC. Needham & Company LLC reduced their target price on shares of SS&C Technologies from $105.00 to $95.00 and set a “buy” rating on the stock in a report on Friday, February 6th. DA Davidson reduced their target price on shares of SS&C Technologies from $106.00 to $96.00 and set a “buy” rating on the stock in a report on Friday, April 17th. Weiss Ratings downgraded shares of SS&C Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, April 7th. Wall Street Zen upgraded shares of SS&C Technologies from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. Finally, Raymond James Financial restated a “strong-buy” rating on shares of SS&C Technologies in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, SS&C Technologies presently has an average rating of “Moderate Buy” and an average price target of $98.13.
Read Our Latest Analysis on SSNC
SS&C Technologies Stock Performance
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.04. The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.63 billion. SS&C Technologies had a net margin of 12.70% and a return on equity of 19.60%. SS&C Technologies’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.44 EPS. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. As a group, analysts anticipate that SS&C Technologies will post 6.2 EPS for the current fiscal year.
SS&C Technologies Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were issued a $0.27 dividend. The ex-dividend date was Monday, March 2nd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.5%. SS&C Technologies’s payout ratio is 34.18%.
Hedge Funds Weigh In On SS&C Technologies
Hedge funds have recently added to or reduced their stakes in the company. Argent Trust Co lifted its position in shares of SS&C Technologies by 0.8% in the 3rd quarter. Argent Trust Co now owns 15,914 shares of the technology company’s stock worth $1,413,000 after purchasing an additional 126 shares during the period. AXA S.A. lifted its position in shares of SS&C Technologies by 1.4% in the 2nd quarter. AXA S.A. now owns 9,372 shares of the technology company’s stock worth $776,000 after purchasing an additional 130 shares during the period. J.Safra Asset Management Corp lifted its position in shares of SS&C Technologies by 3.6% in the 3rd quarter. J.Safra Asset Management Corp now owns 3,750 shares of the technology company’s stock worth $333,000 after purchasing an additional 130 shares during the period. Private Trust Co. NA lifted its position in shares of SS&C Technologies by 36.0% in the 4th quarter. Private Trust Co. NA now owns 502 shares of the technology company’s stock worth $44,000 after purchasing an additional 133 shares during the period. Finally, Dynamic Advisor Solutions LLC lifted its position in shares of SS&C Technologies by 2.0% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 7,248 shares of the technology company’s stock worth $643,000 after purchasing an additional 141 shares during the period. 96.90% of the stock is currently owned by institutional investors.
SS&C Technologies News Summary
Here are the key news stories impacting SS&C Technologies this week:
- Positive Sentiment: Q1 beat on adjusted results — SS&C reported EPS of $1.69, topping consensus (roughly $1.65) and showing year‑over‑year growth; revenue was about $1.65B, roughly in line to slightly above Street revenue expectations. This supports the company’s profitability narrative. Zacks: SS&C Tops Q1
- Positive Sentiment: Q2 EPS guidance slightly raised — Management set Q2 FY2026 EPS guidance at $1.640–$1.700 versus consensus ~$1.63, which implies modest upside to near‑term earnings expectations. Press Release / Slide Deck
- Positive Sentiment: Product/contract momentum — Coverage and articles highlight SS&C’s Lighthouse managed‑services/cloud win, which could strengthen the core platform narrative and drive recurring revenue if adoption scales. Yahoo: Lighthouse Cloud Win
- Neutral Sentiment: Revenue guidance range is wide/ambiguous — Management gave a revenue range (~$1.6B–$1.7B) for Q2 that overlaps Street estimates but leaves execution risk; investors will watch next‑quarter revenue cadence. BusinessWire: Q1 Results
- Neutral Sentiment: Analyst view mixed but price targets remain above current levels — Recent median/consensus targets are notably higher than today’s price, though individual firms have shifted views. Watch revisions for directional bias. Quiver: Analyst/Targets Summary
- Negative Sentiment: Mixed/GAAP metrics and a reported EPS miss in some feeds — A third‑party report shows diluted GAAP EPS and revenue figures that some data providers flagged as below certain estimates, creating short‑term confusion and volatility between adjusted vs. GAAP metrics. Quiver: Q1 Detail
- Negative Sentiment: Insider selling noted — Filings show an insider sale (Normand A. Boulanger sold 150,000 shares), which can weigh on sentiment even if not indicative of company fundamentals. Quiver: Insider Activity
- Negative Sentiment: Analyst target cut — Jefferies trimmed its price target to $92, signaling more cautious near‑term expectations from at least one major shop. American Banking News: Jefferies PT
SS&C Technologies Company Profile
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.
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