SS&C Technologies (NASDAQ:SSNC) Reaches New 52-Week Low – Here’s Why

Shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) reached a new 52-week low during trading on Wednesday . The company traded as low as $65.01 and last traded at $64.9010, with a volume of 908372 shares. The stock had previously closed at $66.71.

Wall Street Analyst Weigh In

A number of equities analysts have commented on SSNC shares. Needham & Company LLC cut their price target on shares of SS&C Technologies from $95.00 to $90.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Raymond James Financial reissued a “strong-buy” rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. Morgan Stanley cut their price target on shares of SS&C Technologies from $86.00 to $78.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. Wall Street Zen lowered shares of SS&C Technologies from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, DA Davidson restated a “buy” rating and issued a $96.00 price objective on shares of SS&C Technologies in a report on Monday, April 27th. One investment 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 stock. According to data from MarketBeat, SS&C Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $96.13.

SS&C Technologies Stock Down 0.4%

The stock’s fifty day moving average is $69.86 and its 200 day moving average is $78.38. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $15.55 billion, a P/E ratio of 19.99 and a beta of 1.12.

SS&C Technologies (NASDAQ:SSNC) last posted its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 EPS for the quarter, beating 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 during the quarter, compared to analyst estimates of $1.63 billion. During the same period in the prior year, the business posted $1.44 EPS. The firm’s revenue was up 8.8% compared to the same quarter last year. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Research analysts predict that SS&C Technologies Holdings, Inc. will post 6.19 EPS for the current fiscal year.

SS&C Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a $0.27 dividend. The ex-dividend date was Monday, March 2nd. This represents a $1.08 annualized dividend and a yield of 1.7%. SS&C Technologies’s dividend payout ratio is 33.44%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in SSNC. Havemeyer Place LP bought a new position in SS&C Technologies in the 4th quarter worth $26,000. EFG International AG bought a new position in SS&C Technologies in the 4th quarter worth $29,000. V Square Quantitative Management LLC bought a new position in SS&C Technologies in the 4th quarter worth $37,000. Quent Capital LLC bought a new position in SS&C Technologies in the 3rd quarter worth $39,000. Finally, Cornerstone Planning Group LLC grew its position in shares of SS&C Technologies by 1,890.9% in the 3rd quarter. Cornerstone Planning Group LLC now owns 438 shares of the technology company’s stock worth $39,000 after buying an additional 416 shares during the period. 96.90% of the stock is currently owned by institutional investors.

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.