SS&C Technologies (NASDAQ:SSNC) Issues Earnings Results

SS&C Technologies (NASDAQ:SSNC) announced its earnings results on Thursday. The technology company reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.09, Zacks reports. SS&C Technologies had a net margin of 12.26% and a return on equity of 17.33%. 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 Price Performance

Shares of SSNC traded down $0.02 during trading hours on Thursday, reaching $81.80. 2,000,305 shares of the stock traded hands, compared to its average volume of 1,266,756. The company has a market cap of $20.26 billion, a P/E ratio of 29.32 and a beta of 1.38. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.04. The company’s 50-day moving average price is $77.42 and its two-hundred day moving average price is $74.80. SS&C Technologies has a 52-week low of $59.53 and a 52-week high of $82.40.

SS&C Technologies Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms recently commented on SSNC. Raymond James upped their price objective on 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. Needham & Company LLC reaffirmed a “buy” rating and set a $90.00 price target on shares of SS&C Technologies in a research report on Friday, October 25th. DA Davidson reissued a “buy” rating and issued a $92.00 price objective on shares of SS&C Technologies in a report on Thursday, October 10th. StockNews.com lowered shares of SS&C Technologies from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 15th. Finally, UBS Group increased their price target on shares of SS&C Technologies from $92.00 to $93.00 and gave the stock a “buy” rating in a research report on Monday. One analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $83.88.

Insiders Place Their Bets

In related news, CEO William C. Stone sold 132,700 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $76.85, for a total value of $10,197,995.00. Following the transaction, the chief executive officer now directly owns 31,837,926 shares of the company’s stock, valued at approximately $2,446,744,613.10. The trade was a 0.42 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Jason Douglas White sold 69,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The stock was 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 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 quarter, insiders sold 449,000 shares of company stock worth $34,461,478. Corporate insiders own 15.40% of the company’s stock.

About SS&C Technologies

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.