SS&C Technologies (NASDAQ:SSNC – Get Free Report) had its price target upped by equities research analysts at Jefferies Financial Group from $83.00 to $100.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The firm currently has a “buy” rating on the technology company’s stock. Jefferies Financial Group‘s price target would indicate a potential upside of 11.68% from the company’s current price.
Other research analysts have also issued reports about the stock. UBS Group reissued a “buy” rating and issued a $101.00 target price on shares of SS&C Technologies in a report on Wednesday, September 9th. JPMorgan Chase & Co. decreased their price target on shares of 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. Evercore upgraded shares of SS&C Technologies to an “outperform” rating in a research report on Friday. Weiss Ratings raised shares of SS&C Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, September 25th. Finally, DA Davidson boosted their target price on shares of SS&C Technologies from $96.00 to $104.00 and gave the stock a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $97.62.
Get Our Latest Stock Analysis on SS&C Technologies
SS&C Technologies Price Performance
Shares of SS&C Technologies stock opened at $89.54 on Wednesday. The stock has a 50 day moving average of $81.43 and a 200 day moving average of $73.64. SS&C Technologies has a 12 month low of $61.40 and a 12 month high of $89.93. The firm has a market cap of $21.01 billion, a PE ratio of 25.73 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.
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last released its quarterly earnings data on Thursday, October 22nd. The technology company reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.77 by $0.01. The business had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.69 billion. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%. The company’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.57 EPS. On average, research analysts expect that SS&C Technologies will post 6.26 EPS for the current fiscal year.
Hedge Funds Weigh In On SS&C Technologies
Hedge funds have recently added to or reduced their stakes in the company. Tectonic Advisors LLC raised its position in SS&C Technologies by 16.7% in the 3rd quarter. Tectonic Advisors LLC now owns 126,683 shares of the technology company’s stock worth $9,763,000 after purchasing an additional 18,127 shares during the period. Yousif Capital Management LLC boosted its position in shares of SS&C Technologies by 10.3% during the third quarter. Yousif Capital Management LLC now owns 4,976 shares of the technology company’s stock valued at $384,000 after buying an additional 464 shares during the period. MBL Wealth LLC purchased a new position in shares of SS&C Technologies during the third quarter valued at approximately $378,000. Root Financial Partners LLC bought a new position in shares of SS&C Technologies during the third quarter valued at approximately $104,000. Finally, E. Ohman J or Asset Management AB grew its stake in shares of SS&C Technologies by 33.9% during the third quarter. E. Ohman J or Asset Management AB now owns 7,116 shares of the technology company’s stock valued at $548,000 after buying an additional 1,800 shares during the last quarter. 96.90% of the stock is currently owned by institutional investors.
Trending Headlines about SS&C Technologies
Here are the key news stories impacting SS&C Technologies this week:
- Positive Sentiment: SS&C reported third-quarter adjusted earnings of $1.78 per share, above the $1.77 consensus estimate and up from $1.57 a year earlier. Revenue reached approximately $1.69 billion, matching expectations and increasing 7.7% year over year. The results marked the company’s fifth consecutive earnings beat. SS&C Technologies Q3 Earnings Top Estimates
- Positive Sentiment: Management signaled a 2026 revenue outlook of approximately $6.736 billion to $6.776 billion and is targeting a 41% adjusted EBITDA margin exit rate, highlighting continued margin-expansion potential. SS&C 2026 Revenue Outlook and EBITDA Margin Target
- Positive Sentiment: DA Davidson raised its price target on SSNC from $96 to $104 and maintained a Buy rating, implying additional upside based on the stock’s quoted price. DA Davidson Raises SS&C Price Target
About SS&C Technologies
SS&C Technologies Holdings, Inc is a global provider of software and technology-enabled services for the financial services and healthcare industries. The company helps investment firms, banks, insurers, corporations and healthcare organizations manage operations, data, reporting and regulatory requirements through integrated technology platforms and outsourced services.
Its financial services offerings support areas including investment and fund accounting, portfolio and wealth management, trading and risk management, alternative investments, private markets, transfer agency, fund administration and investor communications.
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