SS&C Technologies (NASDAQ:SSNC) Sets New 12-Month Low – Here’s What Happened

Shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) reached a new 52-week low during trading on Tuesday . The stock traded as low as $68.86 and last traded at $68.8550, with a volume of 715911 shares trading hands. The stock had previously closed at $71.27.

Analyst Upgrades and Downgrades

A number of research firms have 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 reiterated a “buy” rating and issued a $106.00 price target on shares of SS&C Technologies in a research report on Friday, February 6th. Weiss Ratings restated a “buy (b)” rating on shares of SS&C Technologies in a research report on Thursday, January 22nd. Wall Street Zen lowered SS&C Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of SS&C Technologies in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $101.00.

SS&C Technologies Stock Performance

The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.07. The stock has a market capitalization of $16.17 billion, a PE ratio of 21.18 and a beta of 1.18. The business’s 50 day moving average is $76.65 and its 200 day moving average is $82.83.

SS&C Technologies (NASDAQ:SSNC) last announced its quarterly earnings data on Thursday, February 5th. The technology company reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.07. SS&C Technologies had a net margin of 12.70% and a return on equity of 19.60%. The business had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.62 billion. During the same quarter last year, the firm earned $1.58 earnings per share. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. 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. On average, equities research analysts predict that SS&C Technologies Holdings, Inc. will post 5.35 earnings per share for the current fiscal year.

SS&C Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were issued a dividend of $0.27 per share. The ex-dividend date was Monday, March 2nd. This represents a $1.08 dividend on an annualized basis and a yield of 1.6%. SS&C Technologies’s payout ratio is presently 34.18%.

Institutional Trading of SS&C Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of SSNC. National Pension Service boosted its holdings in shares of SS&C Technologies by 27.2% in the third quarter. National Pension Service now owns 186,824 shares of the technology company’s stock valued at $16,582,000 after purchasing an additional 39,984 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of SS&C Technologies by 3.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 767,765 shares of the technology company’s stock valued at $68,147,000 after purchasing an additional 22,547 shares in the last quarter. Cibc World Market Inc. purchased a new stake in shares of SS&C Technologies in the 3rd quarter worth approximately $1,414,000. Davis Capital Management purchased a new stake in shares of SS&C Technologies in the 3rd quarter worth approximately $1,064,000. Finally, North Star Asset Management Inc. boosted its stake in shares of SS&C Technologies by 1.0% during the second quarter. North Star Asset Management Inc. now owns 611,438 shares of the technology company’s stock valued at $50,627,000 after purchasing an additional 6,199 shares in the last quarter. Hedge funds and other 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.