Shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC – Get Free Report) have received a consensus rating of “Moderate Buy” from the ten brokerages that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $92.62.
A number of analysts have weighed in on the company. JPMorgan Chase & Co. cut their price target on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating on the stock in a research note 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 research report on Friday, July 24th. Jefferies Financial Group decreased their price objective on SS&C Technologies from $92.00 to $83.00 and set a “buy” rating for the company in a research report on Monday, July 20th. DA Davidson restated a “buy” rating and issued a $96.00 target price on shares of SS&C Technologies in a research note on Monday, July 27th. Finally, UBS Group restated a “buy” rating and issued a $101.00 price objective on shares of SS&C Technologies in a research report on Wednesday, September 9th.
Check Out Our Latest Analysis on SSNC
Institutional Investors Weigh In On SS&C Technologies
SS&C Technologies Stock Up 0.5%
SSNC stock opened at $81.03 on Friday. SS&C Technologies has a 12 month low of $61.40 and a 12 month high of $89.93. The company has a market cap of $19.01 billion, a price-to-earnings ratio of 23.28 and a beta of 1.09. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. The firm has a 50-day moving average of $80.62 and a two-hundred day moving average of $72.54.
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last issued its earnings results on Thursday, July 23rd. The technology company reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.08. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The company had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the previous year, the firm earned $1.45 earnings per share. SS&C Technologies’s quarterly revenue was up 10.3% compared to the same quarter last year. SS&C Technologies has set its FY 2026 guidance at 6.930-7.250 EPS and its Q3 2026 guidance at 1.730-1.790 EPS. As a group, analysts forecast that SS&C Technologies will post 6.26 earnings per share for the current fiscal year.
SS&C Technologies Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were issued a dividend of $0.30 per share. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.27. This represents a $1.20 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Tuesday, September 1st. SS&C Technologies’s dividend payout ratio is currently 34.48%.
SS&C Technologies Company Profile
SS&C Technologies Holdings, Inc is a global provider of software and technology-enabled services for the financial services and healthcare industries. The company’s platforms support investment management, fund administration, portfolio accounting, trading, wealth management, and financial reporting.
SS&C also provides services and software for healthcare organizations, including revenue cycle management, claims processing, and related administrative functions. Its products are used by asset managers, hedge funds, private equity firms, insurance companies, banks, financial advisors, and healthcare providers.
Founded in 1986 by William C.
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