SS&C Technologies (NASDAQ:SSNC) Stock Gets Price Target Increase from Jefferies Financial Group

SS&C Technologies (NASDAQ:SSNC) had its target price upped by equities research analysts at Jefferies Financial Group from $83.00 to $100.00 in a research report issued on Wednesday, Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. Jefferies Financial Group‘s price objective indicates a potential upside of 11.68% from the company’s current price.

A number of other equities research analysts have also recently weighed in on SSNC. Royal Bank Of Canada upped their price objective on shares of SS&C Technologies from $92.00 to $101.00 and gave the stock an “outperform” rating in a report on Monday, August 31st. DA Davidson boosted their target price on SS&C Technologies from $96.00 to $104.00 and gave the stock a “buy” rating in a research report on Thursday. Evercore raised SS&C Technologies to an “outperform” rating in a report on Friday. UBS Group reissued a “buy” rating and issued a $101.00 price objective on shares of SS&C Technologies in a report on Wednesday, September 9th. Finally, Needham & Company LLC boosted their price target on SS&C Technologies from $90.00 to $105.00 and gave the company a “buy” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $97.62.

SS&C Technologies Price Performance

SSNC opened at $89.54 on Wednesday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.06. SS&C Technologies has a 52-week low of $61.40 and a 52-week high of $89.93. The stock has a market capitalization of $21.01 billion, a PE ratio of 25.73 and a beta of 1.09. The stock’s 50 day moving average price is $81.43 and its 200-day moving average price is $73.64.

SS&C Technologies (NASDAQ:SSNC) last posted its earnings results on Thursday, October 22nd. The technology company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.77 by $0.01. The firm had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $1.69 billion. SS&C Technologies had a net margin of 13.16% and a return on equity of 21.20%. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the company posted $1.57 EPS. On average, equities research analysts predict that SS&C Technologies will post 6.26 EPS for the current year.

Institutional Trading of SS&C Technologies

Hedge funds have recently made changes to their positions in the business. ZWJ Investment Counsel Inc. lifted its position in SS&C Technologies by 6.7% in the third quarter. ZWJ Investment Counsel Inc. now owns 495,122 shares of the technology company’s stock worth $38,159,000 after buying an additional 30,907 shares during the last quarter. Skylands Capital LLC grew its stake in SS&C Technologies by 71.6% in the 1st quarter. Skylands Capital LLC now owns 138,475 shares of the technology company’s stock worth $9,357,000 after acquiring an additional 57,775 shares in the last quarter. Andra AP fonden increased its holdings in SS&C Technologies by 56.9% during the 2nd quarter. Andra AP fonden now owns 331,000 shares of the technology company’s stock worth $20,539,000 after purchasing an additional 120,100 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of SS&C Technologies during the second quarter valued at $15,709,000. Finally, GSA Capital Partners LLP bought a new stake in shares of SS&C Technologies in the 2nd quarter valued at about $1,380,000. 96.90% of the stock is currently owned by hedge funds and other institutional investors.

Key SS&C Technologies News

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.