SS&C Technologies (NASDAQ:SSNC) Hits New 12-Month Low – What’s Next?

Shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) hit a new 52-week low on Wednesday . The company traded as low as $61.40 and last traded at $62.05, with a volume of 2073037 shares changing hands. The stock had previously closed at $62.94.

Analyst Ratings Changes

A number of equities research analysts have issued reports on SSNC shares. Wall Street Zen raised SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Morgan Stanley dropped their price target on shares of 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. UBS Group boosted their price objective on shares of SS&C Technologies from $112.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. 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, Needham & Company LLC lowered their target price on shares of SS&C Technologies from $95.00 to $90.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $96.12.

SS&C Technologies Stock Down 1.4%

The firm has a 50-day moving average of $67.35 and a two-hundred day moving average of $74.11. The firm has a market cap of $14.94 billion, a price-to-earnings ratio of 19.21 and a beta of 1.09. 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 (NASDAQ:SSNC) last released its earnings results on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.04. The firm had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.63 billion. SS&C Technologies had a return on equity of 20.15% and a net margin of 12.65%.The company’s revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.44 EPS. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. As a group, sell-side analysts predict that SS&C Technologies Holdings, Inc. will post 6.17 earnings per share for the current fiscal year.

SS&C Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.08 dividend on an annualized basis and a yield of 1.7%. SS&C Technologies’s payout ratio is 33.44%.

Insider Buying and Selling at SS&C Technologies

In related news, Director Michael Jay Zamkow sold 3,000 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were 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 $1,227,178.72. This represents a 14.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jonathan E. Michael sold 2,740 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $66.86, for a total transaction of $183,196.40. Following the completion of the sale, the director directly owned 79,384 shares of the company’s stock, valued at approximately $5,307,614.24. This trade represents a 3.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 8,740 shares of company stock valued at $583,576. Corporate insiders own 16.00% of the company’s stock.

Institutional Investors Weigh In On SS&C Technologies

A number of institutional investors have recently added to or reduced their stakes in the company. Havemeyer Place LP bought a new position in SS&C Technologies during the fourth quarter valued at about $26,000. EFG International AG bought a new stake in shares of SS&C Technologies in the 4th quarter worth approximately $29,000. V Square Quantitative Management LLC bought a new stake in shares of SS&C Technologies in the 4th quarter worth approximately $37,000. Osterweis Capital Management Inc. acquired a new stake in shares of SS&C Technologies during the 2nd quarter worth approximately $40,000. Finally, Fifth Third Bancorp grew its holdings in shares of SS&C Technologies by 216.4% during the 4th quarter. Fifth Third Bancorp now owns 481 shares of the technology company’s stock worth $42,000 after purchasing an additional 329 shares in the last quarter. 96.90% of the stock is owned by institutional investors and hedge funds.

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.