SS&C Technologies (NASDAQ:SSNC) Releases Earnings Results, Beats Expectations By $0.09 EPS

SS&C Technologies (NASDAQ:SSNC) announced its quarterly earnings data on Thursday. The technology company reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.09, Zacks reports. SS&C Technologies had a return on equity of 17.33% and a net margin of 12.26%. SS&C Technologies updated its FY 2025 guidance to 5.640-5.960 EPS and its Q1 2025 guidance to 1.370-1.430 EPS.

SS&C Technologies Stock Down 0.0 %

Shares of SSNC stock opened at $81.80 on Friday. SS&C Technologies has a fifty-two week low of $59.53 and a fifty-two week high of $82.40. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.21 and a current ratio of 1.21. The firm has a market capitalization of $20.26 billion, a PE ratio of 29.32 and a beta of 1.38. The stock’s 50-day simple moving average is $77.51 and its 200-day simple moving average is $74.84.

SS&C Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date was Monday, December 2nd. SS&C Technologies’s dividend payout ratio (DPR) is presently 35.84%.

Insider Buying and Selling at SS&C Technologies

In related news, CEO William C. Stone sold 247,300 shares of the firm’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $76.61, for a total transaction of $18,945,653.00. Following the sale, the chief executive officer now directly owns 31,837,926 shares of the company’s stock, valued at $2,439,103,510.86. This trade represents a 0.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jason Douglas White sold 69,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $77.07, for a total value of $5,317,830.00. Following the completion of the transaction, the senior vice president now directly owns 6,412 shares of the company’s stock, valued at $494,172.84. The trade was a 91.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 449,000 shares of company stock worth $34,461,478. Company insiders own 15.40% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on SSNC shares. DA Davidson restated a “buy” rating and set a $92.00 price target on shares of SS&C Technologies in a research note on Thursday, October 10th. Raymond James raised their target price on shares of SS&C Technologies from $79.00 to $85.00 and gave the company a “strong-buy” rating in a research report on Friday, October 25th. StockNews.com cut shares of SS&C Technologies from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 15th. UBS Group lifted their price objective on shares of SS&C Technologies from $92.00 to $93.00 and gave the company a “buy” rating in a report on Monday. Finally, Jefferies Financial Group upgraded SS&C Technologies from a “hold” rating to a “buy” rating and upped their target price for the stock from $70.00 to $94.00 in a report on Monday. One analyst has rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, SS&C Technologies presently has an average rating of “Buy” and an average price target of $83.88.

SS&C Technologies Company Profile

SS&C Technologies Holdings, Inc engages in the development and provision of software solutions to the financial services and healthcare industries. It operates through the following geographical segments: United States, Europe, Middle East and Africa, Asia Pacific and Japan, Canada, and the Americas, excluding the United States and Canada.