SS&C Technologies (NASDAQ:SSNC) Stock Price Down 6.9% – Here’s What Happened

Shares of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) were down 6.9% during trading on Friday. The company traded as low as $83.66 and last traded at $83.3630. 221,242 shares changed hands during trading, a decline of 90% from the average daily volume of 2,116,419 shares. The stock had previously closed at $89.54.

SS&C Technologies News Summary

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

• Positive Sentiment: SS&C earned $1.78 per share in the third quarter, ahead of the $1.77 consensus estimate and up from $1.57 a year earlier. Revenue increased 7.7% year over year to $1.69 billion, in line with expectations. SS&C Technologies third-quarter earnings report
• Positive Sentiment: Management raised full-year 2026 EPS guidance to $7.11-$7.17, above the $6.90 analyst consensus, and indicated a 41% EBITDA margin exit rate. SS&C 2026 outlook and EBITDA margin report
• Positive Sentiment: Jefferies raised its price target from $83 to $100 and assigned a “buy” rating, while DA Davidson increased its target from $96 to $104 and maintained a “buy” rating. SS&C analyst price target update
• Neutral Sentiment: Fourth-quarter EPS guidance of $1.88-$1.94 is above the $1.86 consensus, but projected revenue of approximately $1.7 billion is below the $1.8 billion analyst estimate. Full-year revenue guidance of $6.7-$6.8 billion is also roughly in line with, or slightly below, expectations.
• Negative Sentiment: Investors appear focused on the softer revenue outlook rather than the EPS beat and margin targets. Several reports characterized the stock’s reaction as a decline following guidance, suggesting concerns about growth momentum. SS&C Q3 results and guidance reaction
• Negative Sentiment: Zacks Research downgraded SS&C from “hold” to “strong sell,” adding pressure to sentiment despite the quarterly earnings beat. Zacks SS&C earnings report

Wall Street Analyst Weigh In

SSNC has been the subject of a number of research analyst reports. BWS Financial reaffirmed a “buy” rating on shares of SS&C Technologies in a research report on Wednesday, September 9th. Zacks Research downgraded SS&C Technologies from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Royal Bank Of Canada boosted their price target on SS&C Technologies from $92.00 to $101.00 and gave the company an “outperform” rating in a research note on Monday, August 31st. JPMorgan Chase & Co. decreased their price objective on SS&C Technologies from $94.00 to $87.00 and set a “neutral” rating on the stock in a report on Monday, July 20th. Finally, Weiss Ratings upgraded SS&C Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, September 25th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $97.62.

SS&C Technologies Stock Down 7.0%

The business’s 50-day moving average is $81.43 and its 200-day moving average is $73.64. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market cap of $19.54 billion, a price-to-earnings ratio of 23.87 and a beta of 1.09.

SS&C Technologies (NASDAQ:SSNC) last announced 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. SS&C Technologies had a return on equity of 21.20% and a net margin of 13.16%. The business had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.69 billion. During the same period in the previous year, the business earned $1.57 EPS. SS&C Technologies’s revenue was up 7.7% compared to the same quarter last year. On average, equities analysts predict that SS&C Technologies Holdings, Inc. will post 6.26 EPS for the current year.

SS&C Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.30 per share. The ex-dividend date was Tuesday, September 1st. This is a boost from SS&C Technologies’s previous quarterly dividend of $0.27. This represents a $1.20 annualized dividend and a dividend yield of 1.4%. SS&C Technologies’s dividend payout ratio (DPR) is currently 34.48%.

Institutional Trading of SS&C Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. ZWJ Investment Counsel Inc. grew its holdings in SS&C Technologies by 6.7% during the 3rd quarter. ZWJ Investment Counsel Inc. now owns 495,122 shares of the technology company’s stock worth $38,159,000 after acquiring an additional 30,907 shares during the last quarter. Skylands Capital LLC raised its stake in shares of SS&C Technologies by 71.6% in the first 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 during the last quarter. Andra AP fonden increased its holdings in shares of SS&C Technologies by 56.9% in the second quarter. Andra AP fonden now owns 331,000 shares of the technology company’s stock valued at $20,539,000 after purchasing an additional 120,100 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in SS&C Technologies in the 2nd quarter worth approximately $15,709,000. Finally, GSA Capital Partners LLP bought a new position in SS&C Technologies in the 2nd quarter worth approximately $1,380,000. 96.90% of the stock is currently owned by institutional investors and hedge funds.

SS&C Technologies Company Profile

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.