SS&C Technologies (NASDAQ:SSNC) Issues Earnings Results

SS&C Technologies (NASDAQ:SSNC) posted its quarterly earnings results on Thursday. The technology company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.68 by $0.08, FiscalAI reports. The business had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.66 billion. SS&C Technologies had a net margin of 12.65% and a return on equity of 20.15%. The company’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.45 EPS. SS&C Technologies updated its FY 2026 guidance to 6.930-7.250 EPS and its Q3 2026 guidance to 1.730-1.790 EPS.

Here are the key takeaways from SS&C Technologies’ conference call:

• SS&C reported a record Q2, with adjusted revenue of $1.697 billion, adjusted EPS of $1.76, adjusted EBITDA of $670.7 million, and 39.5% EBITDA margin all hitting company highs.
• Organic revenue growth came in at 7.6%, driven by large client renewals, new business wins, and market/transaction tailwinds, and management said the company is on track to meet its margin targets for the year.
• Capital returns were a major highlight, with SS&C repurchasing 6.4 million shares for $435.2 million in the quarter, its largest quarterly buyback ever, and management reiterated that repurchases remain the top capital allocation priority.
• Recent acquisitions Curo and Calastone are outperforming expectations, and Calastone is helping SS&C build infrastructure for tokenized funds and regulated digital settlement, expanding its exposure to digital investment markets.
• Management raised full-year 2026 guidance, now expecting revenue of $6.672 billion to $6.832 billion and adjusted EPS of $6.93 to $7.25, while targeting about 15.5% EPS growth at the midpoint.

SS&C Technologies Stock Performance

NASDAQ SSNC opened at $66.95 on Friday. The stock has a market capitalization of $16.12 billion, a price-to-earnings ratio of 20.73 and a beta of 1.11. The stock has a 50-day moving average of $66.79 and a 200 day moving average of $71.63. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.06. SS&C Technologies has a twelve month low of $61.40 and a twelve month high of $91.07.

SS&C Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a $0.27 dividend. The ex-dividend date was Monday, June 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.6%. SS&C Technologies’s dividend payout ratio is 33.44%.

Key SS&C Technologies News

Here are the key news stories impacting SS&C Technologies this week:

• Positive Sentiment: Q2 2026 earnings came in at $1.76 per share, topping the $1.68 consensus estimate and improving from $1.45 a year ago. Article Title
• Positive Sentiment: Revenue of $1.70 billion also beat Wall Street estimates of $1.66 billion, with sales up 10.3% year over year, reinforcing signs of solid business momentum. Article Title
• Positive Sentiment: The company raised its outlook, guiding Q3 2026 EPS to $1.73-$1.79 versus $1.69 expected, and FY 2026 EPS to $6.93-$7.25 versus $6.75 expected. Article Title
• Neutral Sentiment: Investors are also digesting the earnings call transcript and related coverage, but the main market-moving catalyst appears to be the better-than-expected quarter and stronger guidance. Article Title

Insider Buying and Selling

In related news, Director Jonathan E. Michael sold 2,740 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $66.86, for a total value of $183,196.40. Following the completion of the transaction, the director directly owned 79,384 shares of the company’s stock, valued at approximately $5,307,614.24. This represents a 3.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael Jay Zamkow sold 3,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $66.68, for a total transaction of $200,040.00. Following the completion of the transaction, the director directly owned 18,404 shares in the company, valued at approximately $1,227,178.72. This represents a 14.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 8,740 shares of company stock worth $583,576 in the last quarter. Insiders own 16.00% of the company’s stock.

Institutional Investors Weigh In On SS&C Technologies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Millennium Management LLC lifted its stake in SS&C Technologies by 349.1% during the 1st quarter. Millennium Management LLC now owns 176,630 shares of the technology company’s stock worth $14,754,000 after acquiring an additional 137,301 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of SS&C Technologies by 6,069.0% during the first quarter. NewEdge Advisors LLC now owns 2,591 shares of the technology company’s stock worth $216,000 after purchasing an additional 2,549 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of SS&C Technologies by 16.4% in the first quarter. Goldman Sachs Group Inc. now owns 690,340 shares of the technology company’s stock valued at $57,664,000 after purchasing an additional 97,247 shares during the period. Focus Partners Wealth grew its holdings in shares of SS&C Technologies by 35.1% in the first quarter. Focus Partners Wealth now owns 9,362 shares of the technology company’s stock valued at $782,000 after purchasing an additional 2,431 shares in the last quarter. Finally, Invesco Ltd. increased its stake in SS&C Technologies by 17.9% during the 2nd quarter. Invesco Ltd. now owns 569,693 shares of the technology company’s stock worth $47,171,000 after buying an additional 86,606 shares during the period. Institutional investors and hedge funds own 96.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on SSNC. Needham & Company LLC reissued a “buy” rating and issued a $90.00 price objective on shares of SS&C Technologies in a research report on Friday. DA Davidson reiterated a “buy” rating and issued a $96.00 price target on shares of SS&C Technologies in a research note on Wednesday, July 15th. JPMorgan Chase & Co. lowered their price target on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating for the company in a report on Monday. Weiss Ratings downgraded shares of SS&C Technologies from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 8th. Finally, UBS Group increased their price objective on shares of SS&C Technologies from $112.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $94.12.

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.