SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) to Issue Quarterly Dividend of $0.27

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) declared a quarterly dividend on Thursday, May 21st. Investors of record on Monday, June 1st will be paid a dividend of 0.27 per share by the technology company on Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Monday, June 1st.

SS&C Technologies has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 9 years. SS&C Technologies has a dividend payout ratio of 16.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect SS&C Technologies to earn $6.87 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 15.7%.

SS&C Technologies Price Performance

Shares of NASDAQ:SSNC opened at $66.95 on Friday. The company’s 50-day moving average is $69.02 and its 200 day moving average is $77.74. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.10 and a current ratio of 1.10. The company has a market capitalization of $16.12 billion, a P/E ratio of 20.73 and a beta of 1.12. SS&C Technologies has a fifty-two week low of $64.51 and a fifty-two week high of $91.07.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.65 by $0.04. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the previous year, the firm earned $1.44 EPS. The firm’s quarterly revenue was up 8.8% on a year-over-year basis. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. On average, equities research analysts forecast that SS&C Technologies will post 6.19 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. DA Davidson reaffirmed a “buy” rating and set a $96.00 price target on shares of SS&C Technologies in a research report on Monday, April 27th. Morgan Stanley dropped their price target on SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. Needham & Company LLC dropped their price target on SS&C Technologies from $95.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. Finally, Jefferies Financial Group dropped their price objective on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating on the stock in a report on Tuesday, April 21st. One research 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. According to data from MarketBeat.com, SS&C Technologies has an average rating of “Moderate Buy” and an average price target of $96.13.

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.