FY2025 EPS Estimate for SEI Investments Decreased by Analyst

SEI Investments Company (NASDAQ:SEIC) – Equities research analysts at William Blair lowered their FY2025 earnings per share estimates for SEI Investments in a report released on Monday, November 17th. William Blair analyst J. Schmitt now anticipates that the asset manager will earn $5.00 per share for the year, down from their prior estimate of $5.58. The consensus estimate for SEI Investments’ current full-year earnings is $4.86 per share.

Several other equities analysts also recently commented on the stock. Raymond James Financial increased their target price on shares of SEI Investments from $118.00 to $120.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 14th. Zacks Research lowered SEI Investments from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 11th. Weiss Ratings reissued a “buy (b)” rating on shares of SEI Investments in a research note on Wednesday, October 8th. Piper Sandler decreased their target price on SEI Investments from $96.00 to $93.00 and set a “neutral” rating for the company in a research report on Thursday, July 24th. Finally, Keefe, Bruyette & Woods lowered their price target on SEI Investments from $98.00 to $93.00 and set a “market perform” rating on the stock in a report on Monday, October 13th. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $104.40.

SEI Investments Stock Up 0.2%

SEI Investments stock opened at $78.45 on Thursday. The company has a current ratio of 5.73, a quick ratio of 5.62 and a debt-to-equity ratio of 0.04. SEI Investments has a 1-year low of $64.66 and a 1-year high of $93.96. The firm’s fifty day simple moving average is $83.36 and its 200-day simple moving average is $85.94. The company has a market capitalization of $9.61 billion, a P/E ratio of 14.42, a P/E/G ratio of 1.22 and a beta of 0.96.

SEI Investments (NASDAQ:SEIC) last posted its earnings results on Wednesday, October 22nd. The asset manager reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.05. The firm had revenue of $578.51 million during the quarter, compared to analysts’ expectations of $578.75 million. SEI Investments had a net margin of 31.09% and a return on equity of 30.21%. The company’s revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.19 earnings per share.

SEI Investments announced that its board has initiated a share repurchase plan on Friday, October 24th that permits the company to buyback $650.00 million in outstanding shares. This buyback authorization permits the asset manager to purchase up to 6.4% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s management believes its stock is undervalued.

Insider Activity at SEI Investments

In other SEI Investments news, Director Carl Guarino sold 10,000 shares of SEI Investments stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $86.41, for a total value of $864,100.00. Following the transaction, the director directly owned 16,042 shares of the company’s stock, valued at $1,386,189.22. The trade was a 38.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Kathryn Mccarthy sold 10,000 shares of the stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $85.66, for a total value of $856,600.00. Following the completion of the sale, the director directly owned 75,641 shares of the company’s stock, valued at $6,479,408.06. This represents a 11.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 14.60% of the company’s stock.

Institutional Trading of SEI Investments

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Root Financial Partners LLC acquired a new position in shares of SEI Investments during the third quarter valued at about $28,000. SJS Investment Consulting Inc. increased its stake in SEI Investments by 142.9% during the third quarter. SJS Investment Consulting Inc. now owns 357 shares of the asset manager’s stock valued at $30,000 after acquiring an additional 210 shares during the period. CoreFirst Bank & Trust acquired a new position in SEI Investments in the 2nd quarter valued at approximately $34,000. Community Bank N.A. bought a new stake in shares of SEI Investments in the 3rd quarter worth approximately $35,000. Finally, Addison Advisors LLC grew its holdings in shares of SEI Investments by 117.6% during the 2nd quarter. Addison Advisors LLC now owns 457 shares of the asset manager’s stock worth $41,000 after purchasing an additional 247 shares in the last quarter. 70.59% of the stock is currently owned by institutional investors and hedge funds.

SEI Investments Company Profile

SEI Investments Company is a publicly owned asset management holding company. Through its subsidiaries, the firm provides wealth management, retirement and investment solutions, asset management, asset administration, investment processing outsourcing solutions, financial services, and investment advisory services to its clients.