SEI Investments (NASDAQ:SEIC) Releases Quarterly Earnings Results, Beats Expectations By $0.15 EPS

SEI Investments (NASDAQ:SEIC) released its quarterly earnings results on Wednesday. The asset manager reported $1.44 EPS for the quarter, beating the consensus estimate of $1.29 by $0.15, Zacks reports. SEI Investments had a net margin of 31.17% and a return on equity of 30.98%. The business had revenue of $622.18 million for the quarter, compared to analysts’ expectations of $641.82 million. During the same period in the prior year, the firm earned $1.17 earnings per share. SEI Investments’s revenue was up 12.9% compared to the same quarter last year.

Here are the key takeaways from SEI Investments’ conference call:

• SEI reported adjusted EPS of $1.44, up more than 20% year-over-year, with adjusted operating profit and consolidated margins noticeably higher, and a record $67 million of net sales events (including $57M recurring and $10M professional services).
• Investment Manager Services (IMS) drove the quarter with multiple enterprise-level outsourcing wins — including two top-tier alternative managers (one in the top 5, one in the top 15) — positioning SEI as the third-largest fund administrator in North America and leaving a strong pipeline.
• The Stratos acquisition (57.5% ownership) was consolidated for the first full quarter, contributing ~$20M of revenue and ~$3M operating profit (EBITDA ~ $8M excl. D&A), but weighed on Advisor segment margins due to acquired intangible amortization.
• Management emphasized AI and automation (including a partnership with IBM) as a strategic accelerant that is already being applied to lower unit costs, expand services, and support margin expansion across the enterprise.
• Capital allocation remained active: SEI repurchased $208M of stock in Q1, ended the quarter with $363M of cash, and signaled continued opportunistic buybacks alongside targeted investments and M&A.

SEI Investments Trading Down 1.4%

SEIC stock traded down $1.28 during midday trading on Friday, reaching $89.77. The company’s stock had a trading volume of 215,664 shares, compared to its average volume of 849,520. SEI Investments has a 52 week low of $75.08 and a 52 week high of $93.96. The stock has a market cap of $10.86 billion, a PE ratio of 15.32 and a beta of 0.94. The company has a quick ratio of 3.20, a current ratio of 3.29 and a debt-to-equity ratio of 0.04. The business’s 50-day simple moving average is $79.62 and its 200-day simple moving average is $81.92.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of SEI Investments in a research note on Tuesday. Morgan Stanley decreased their price target on shares of SEI Investments from $119.00 to $108.00 and set an “overweight” rating on the stock in a research note on Thursday, April 2nd. UBS Group assumed coverage on shares of SEI Investments in a research note on Wednesday, February 4th. They set a “buy” rating and a $115.00 price target on the stock. Keefe, Bruyette & Woods increased their price target on shares of SEI Investments from $95.00 to $107.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Raymond James Financial reissued an “outperform” rating and set a $117.00 price target on shares of SEI Investments in a research note on Monday, January 5th. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $108.83.

Insider Activity

In other news, insider Mark Andrew Warner sold 4,000 shares of SEI Investments stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $81.74, for a total transaction of $326,960.00. Following the transaction, the insider directly owned 921 shares of the company’s stock, valued at $75,282.54. This trade represents a 81.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Sanjay Sharma sold 25,000 shares of SEI Investments stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $90.12, for a total transaction of $2,253,000.00. Following the transaction, the insider directly owned 39,829 shares in the company, valued at approximately $3,589,389.48. This represents a 38.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 171,447 shares of company stock valued at $14,571,659. 14.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On SEI Investments

A number of hedge funds and other institutional investors have recently made changes to their positions in SEIC. Bison Wealth LLC acquired a new stake in shares of SEI Investments during the fourth quarter worth $207,000. Baird Financial Group Inc. acquired a new stake in shares of SEI Investments during the first quarter worth $201,000. Geneos Wealth Management Inc. raised its holdings in shares of SEI Investments by 60.2% during the first quarter. Geneos Wealth Management Inc. now owns 532 shares of the asset manager’s stock worth $41,000 after acquiring an additional 200 shares during the period. M&T Bank Corp raised its holdings in shares of SEI Investments by 11.9% during the second quarter. M&T Bank Corp now owns 3,217 shares of the asset manager’s stock worth $289,000 after acquiring an additional 341 shares during the period. Finally, CW Advisors LLC acquired a new stake in shares of SEI Investments during the second quarter worth $280,000. 70.59% of the stock is owned by institutional investors.

SEI Investments News Summary

Here are the key news stories impacting SEI Investments this week:

• Positive Sentiment: Q1 earnings beat and margin expansion — SEI reported Q1 EPS of $1.44, topping consensus, with revenue +12.9% YoY and operating margin rising to ~30%, signaling stronger profitability that typically supports asset‑manager multiples. SEI Reports First-Quarter 2026 Financial Results
• Positive Sentiment: Analyst upgrade and higher price target — Keefe, Bruyette & Woods raised its price target to $107 and kept an Outperform rating, giving the stock visible upside and reinforcing bullish sentiment from the sell‑side. Analyst Upgrade: Keefe, Bruyette & Woods
• Positive Sentiment: Business momentum / strategic progress — Management highlighted record growth and strategic advances on the call (AUM and revenue growth, product/technology traction), supporting expectations for continued fee and platform growth. Q1 2026 Earnings Call Highlights
• Neutral Sentiment: Revenue vs. estimates and cash‑flow nuances — while EPS beat, total revenue came in slightly below some street estimates and operating cash flow and cash balances showed mixed signals, which tempers the upside until trends solidify. Zacks: SEI Beats on Q1 Earnings
• Negative Sentiment: Insider selling — a company insider (Sanjay Sharma) disclosed the sale of 25,000 shares (~38.6% reduction in his stake) and several recent executive sales have been reported; sustained insider selling can create investor caution even after good results. SEC Form 4: Insider Sale TipRanks: Executives Unload Stakes

About SEI Investments

SEI Investments Company is a global provider of asset management, investment processing, and investment operations solutions. The firm offers a range of services designed to help financial institutions, private banks, wealth managers and family offices streamline back-office functions and enhance front-office capabilities. SEI’s technology platforms support various stages of the investment lifecycle, including trade execution, performance reporting, risk analytics and client communications.

The company’s core offerings include outsourced fund administration, custody and trust services, managed account solutions, and wealth management technology.